SOURCE: Options Media Group Holdings, Inc.

May 17, 2011 10:00 ET

Options Media Group/PhoneGuard Repositions Business to Take Advantage of the Huge Mobile Applications Market -- Files 10-K and Remains Fully Reporting

BOCA RATON, FL--(Marketwire - May 17, 2011) - Options Media Group Holdings, Inc. (OTCQB: OPMG) (PINKSHEETS: OPMG), which recently announced it is changing its name to PhoneGuard, Inc., today announced a restructuring of its business so it could focus on the fast growing multi-billion dollar mobile applications market.

Scott Frohman, CEO, "As disclosed in our Form 10-K, we have realigned our business and written-off certain assets in order to concentrate on the mobile and smart phone applications market. All of us at PhoneGuard and most others in the industry believe the huge growth seen in the apps market over the past few years is just the beginning of this upswing. The DriveSafe Software Suite is our flagship product line and we plan to pack this product full of all the features and functions smart phone users demand. As we announced yesterday, we will hold a conference call next week to discuss the features and functions of this new product suite and to discuss our recent agreement with Justin Bieber to promote DriveSafe and combat texting while driving."

PhoneGuard's revolutionary Drive Safe anti-texting while driving software application suite disables the texting, emailing and keyboard functions of a mobile phone when a vehicle is in motion. By using GPS to track speed and coordinates, the Don't Text Don't Drive Mobile Application automatically turns off certain functionalities of the driver's mobile phone when the phone is in a moving vehicle. Thus, the user will no longer be able to text, email, surf the web or instant message while driving. When the car is stopped for more than 5 seconds, however, the phone will automatically allow texting and other data functions to resume. Any missed text messages will be waiting for the user. Once the user starts driving again, the software will automatically block these activities again.

About Options Media Holding Group, 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, Drive Safe anti-texting while driving software application suite, 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 Drive Safe Software will lock the keyboard and prevent the user from emailing, surfing the web or texting. While Drive Safe 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.

Contact Information

  • Contact Information:
    Christian Kirsebom
    Emerging Growth Research, LLC
    Telephone: (925) 247-6666