Progress Watch Corp.
OTC PINK : PROW

Mobile Broadcasting Corp.

November 25, 2014 09:42 ET

Mobile Broadcasting Corp. Announces the Commencement of Its User Acceptance Testing

PISCATAWAY, NEW JERSEY--(Marketwired - Nov. 25, 2014) - Mobile Broadcasting Corp., a company reacquired by Mobile Broadcasting Holding, Inc. (OTC PINK:PROW), formerly Progress Watch Corporation, announced today it planned to begin its User Acceptance Testing (UAT) phase, the final step before rolling out the WHiRLD mobile application and its communications platform.

Ken Bland, the Company's chief executive officer, stated: "We want to ensure that this mobile app and communications platform give our end users the confidence that regardless of the situation they will have a reliable and portable way to broadcast live video events. We believe that the quality of these broadcasts will set new standards that transform mobile live streaming technology."

Mobile Broadcasting Corp expects to have its UAT phase completed by early first quarter 2015, just prior to its full blown launch which is expected to propel the company towards it next set of goals, which includes providing over 4G LTE and Wi-Fi networks live streaming of local news and events, emergency notification services, and Video-on-Demand (VOD) services.

SAFE HARBOR AND INFORMATIONAL STATEMENT

This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact, regarding the intent, belief and expectations of the Company and its management with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the Company's reports filed with the SEC. The Company is not eligible to rely on the safe harbor provided by Section 21E(c) of the Exchange Act because it is not subject to filing periodic reports under Sections 13 or 15(d) of the Exchange Act.

Contact Information

  • Mobile Broadcasting Corp.
    Kenneth D. Bland
    Chief Executive Officer
    ken@briken.net
    Only information that is publicly available will be provided