SOURCE: Options Media Group, Inc.

March 14, 2011 11:18 ET

Options Media Group Holdings, Inc. -- Trading Moves to the OTCQB

BOCA RATON, FL--(Marketwire - March 14, 2011) - Options Media Group Holdings, Inc. (OTCQB: OPMG) (PINKSHEETS: OPMG), a growing force in mobile applications, including anti-texting while driving software, today announced the Company began trading on the OTCQB as of February 23, 2011 under the ticker symbol OPMG. The OTCQB is a marketplace tier developed by the OTC Markets Group for U.S. listed companies that are in full compliance with their SEC reporting obligations. The OTC Markets Group is a leader in using technology to bring positive changes to the OTC market, and many broker-dealers are now exclusively using its platform to quote OTC securities.

Options Media Group Holdings, Inc. confirms it commitment to remain current with the Securities and Exchange Commission reporting requirements. Current and future fillings can be found at http://www.sec.gov.

At present, certain third-party stock data providers are in the process of updating their platforms to correctly display the trading activity of companies that have transitioned from OTCBB to OTCQB. For accurate price and volume information regarding Options Media Holdings Group, Inc. on the OTCQB marketplace please visit: http://www.otcmarkets.com/stock/OPMG/quote.

About Options Media Group Holdings, Inc.

Options Media Group Holdings, Inc. recently announced the Company is changing its name to PhoneGuard, Inc., a leading provider of mobile application software. The Company's flagship product, DriveSafe Software, is a next-generation software suite with the most robust set of features and functions available today. The software product, which is easily downloadable to mobile phones, allows for global positioning satellite tracking of the mobile device in order to calculate the rate of speed of travel. Above certain predetermined speeds, the DriveSafe Software will lock the keyboard and prevent the user from emailing, surfing the web or texting. While DriveSafe Software is designed to prevent texting while driving, it also offers parents and employers the ability to monitor the driving habits of mobile phone users in order to prevent speeding. PhoneGuard is also one of the mobile industry's leading providers of anti-virus software. The Company is also a growing force in mobile marketing and mobile social media.

Safe Harbor Statement

This press release contains forward-looking statements including: focusing on DriveSafe and mobile applications, product enhancements, potential partnerships, and endorsements. Forward-looking statements can be identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects" and similar references to future periods. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets, the failure to enter into distribution agreements with major retailers, wireless carriers or security software vendors to distribute our newly acquired software, the failure to gain market acceptance of the software, contractual difficulties and the failure to obtain consents to the name change, among others.

Further information on Options Media's risk factors is contained in its filings with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2009. Any forward-looking statement made by Options Media in this press release speaks only as of the date on which it is made. Factors or events that could cause actual results to differ may emerge from time to time, and it is not possible to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

Contact Information

  • Contact Information:
    Joe Noel
    Emerging Growth Research, LLC
    Telephone: (925) 922-2560