SOURCE: Mobile Ready Entertainment

August 14, 2007 10:38 ET

Mobile Ready Subsidiary Reports Results From Annual Industry Conference

ATLANTA, GA--(Marketwire - August 14, 2007) - Mobile Ready Entertainment Corp (PINKSHEETS: MRDY) today announced some of the results from its subsidiary Complete Identity's efforts at the annual direct selling industry conference in San Diego.

In June, the company reported that it was going to be working with several new direct selling companies. "We are trying a new foot-in-the-door approach with the major direct selling companies, where we offered a corporate ad design as well as some graphic design consulting to help start a new relationship," reported Mike Magolnick, MRDY Co-CEO. "Even companies with in-house design teams often need a fresh perspective. Our hope is to deliver the work and use it to develop long-term relationships. We want to reiterate that we do not have contracts with any of these companies, however we are fortunate to have met with decision makers that have agreed to give our company the opportunity to begin working with them." Companies that Complete Identity is preparing work for include, but is not limited to: The Kirby Company, Cutco, Dove Chocolate at Home, Longaberger and Tupperware.

Complete Identity has already been working closely with several companies in the direct selling industry as well as other network marketing industries for more than a year now. The direct selling industry is a multi-billion dollar market with tens of millions of people participating in direct selling around the world.

The company plans to release additional news about specific clients as work commences.

About Mobile Ready

Mobile Ready is a wireless and media holding company specializing in the entertainment and educational vertical market segments. Through our subsidiaries, we will develop, market and sell wireless application software and entertainment based content for mobile devices.

Forward-Looking Statement

This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

Contact Information

  • Contact:
    Michael Magolnick