OTC Bulletin Board : OWHC


October 30, 2006 11:32 ET

AskMeNow to Offer Mobile Ringtones & Wallpaper

First to Offer Downloads Through Natural Language Search

IRVINE, CA--(CCNMatthews - October 30, 2006) - AskMeNow, a wholly owned subsidiary of Ocean West Holding Corporation (OTCBB: OWHC), today announced it will make ringtone and wallpaper downloads available through its mobile answer service.

AskMeNow will offer more than 5,000 ringtones and true tones from hip hop, country, hard rock, TV and movie themes, college fight songs and more as well as 2,500 different wallpapers including unique photos, images and logos.

Unlike other ringtone and wallpaper services, AskMeNow customers will not be required to search for their favorite ringtone or wallpaper. Instead, they will have the ability to make their request in natural language and have AskMeNow search on their behalf. In 2005, $3.2 billion dollars in revenue was generated in the North American mobile content market and that number is estimated to grow to $13 billion by 2009(1) .

"The ability to request the latest ringtones, wallpaper or games available for your cell phone through AskMeNow is a natural progression and an added value to our service. Millions of cell phones will now be able to simply ask for the latest ringtone without having to navigate menu screens from their phones and manually search for content," said AskMeNow CEO Darryl Cohen.

AskMeNow customers may request their favorite ringtone or true tone simply by texting the name of the song, requesting a list of songs by a specific artist or by texting a sample of the song lyrics to ASKME (27563) or through the AskMeAnything feature on handheld applications. The cost to download ringtones and wallpapers will vary between $1.99 for $2.99 and will be available at the end of Q4 2006.

About AskMeNow

AskMeNow, a wholly owned subsidiary of Ocean West Holding Corporation, is the easiest, most convenient way to access information on the Internet or from local content from your cell phone or mobile PDA device. The first mobile lifestyle network, AskMeNow utilizes its proprietary technology to offer a natural language-based interaction and dynamic content provision platform designed for simple and quick information retrieval. The Company generates revenues through per usage fees and one to one contextual mobile advertising sponsorships. AskMeNow launched officially in November 2005. The Company is based in Irvine, California. Please click on for more information.

Forward-Looking Statements

This press release contains certain statements which are not historical or current fact and constitute forward-looking statements within the meaning of such term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual financial or operating results of the Company or AskMeNow to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Such forward looking statements are based on our best estimates of future results, performance or achievements, based on current conditions and the most recent results of the Company and AskMeNow. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms may, will, potential, opportunity, belies, belier, expects, intends, estimates, anticipates or plans which are uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.

(1) Strategy Analytics, August 2005

Contact Information

  • AskMeNow Media Relations
    Curtis Hougland
    Attention PR
    (P): 212.204.9215
    AskMeNow Investor Relations
    Matt Bloom
    CJB Group Inc.
    (P): 561.544.4950