SOURCE: MobileMail (US) Inc.

February 08, 2007 07:35 ET

MobileMail Inc. Completes Strategic Acquisition of Oy Tracebit Ab

LONDON -- (MARKET WIRE) -- February 8, 2007 -- MobileMail Inc. (OTCBB: MBMU) has completed its move into the multi-media mobile entertainment industry through the completion of the acquisition (as at 06th February 2007) of Oy Tracebit Ab (Tracebit), a market leading mobile content developer and seller of premium mobile multi-media content.

As stated in the recent announcement on the 31st January 2007, Peter Ahman has been appointed as President, Chief Executive Officer and Chief Financial Officer. Mr Ahman has extensive knowledge and contacts across the entire mobile content industry having founded Tracebit back in 1996 and will draw upon all of his experience to coordinate MobileMail's expansion into the mobile entertainment industry.

Simon Adahl has been appointed as Chief Marketing Officer with Miro Wikgren coming in as Chief Technology Officer. Both Simon and Miro have in depth knowledge of the mobile industry and will be moving quickly to assemble strong sales and development teams respectively.

Gary Flint has stepped down as President and CEO to concentrate on business development through aggressively sourcing the very best in online and mobile content and to introduce new sales channels throughout the UK, Europe, Asia, Latin and North America. Mr Flint will retain his seat on the board and is actively coordinating and assembling a team of highly skilled and experienced Non-Executive Directors to ensure the highest possible standards are achieved in establishing MobileMail as the premium provider of multi-media content and messaging solutions.

The company is committed to entering into an extremely aggressive growth phase, and is actively pursuing further strategic acquisitions within the mobile entertainment industry. MobileMail is looking to quickly enhance its revenue streams through acquiring an established online content portal, facilitating an immediate addition of the highest quality premium online and direct to mobile content, reaching out to an established online and mobile community. Utilising the significant experience and expertise of the incoming executives, MobileMail will create the market leading one stop shop for purchasing and distributing cutting edge mobile games & content, building upon the success of interactive online and mobile blogs, such as "MySpace," through providing consumers and businesses the very latest in social networking tools to create branded mobile content to facilitate consumer interaction. To complement these services our messaging suite will further developed, introducing VOIP & Mobile TV services, providing an enterprise level multi-media communication solution for consumers as well as business clients.

FORWARD-LOOKING STATEMENTS: Statements about MBMU's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. MBMU's actual results could differ materially from expected results. MBMU undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this objective; MBMU will appropriately inform the public.

Contact Information

  • For more information on MobileMail, please visit or

    Gary Flint
    Email Contact

    Suite 5.18, 130 Shaftesbury Avenue,
    London, W1D 5EU, UK
    Tel +44 (0) 207 031 1193

    For more information on Tracebit, please visit or contact:

    Peter Ahman
    Email Contact

    Kirkkotori 13E,
    06100 Porvoo, Finland
    Tel +358 19 523 2287