Wmode Inc.

Wmode Inc.

December 09, 2010 12:57 ET

Wmode and StreamWIDE Form Licensing Partnership

CALGARY, ALBERTA--(Marketwire - Dec. 9, 2010) - Wmode, provider of managed services such as Smart Portal, App Store, Media Store, and Mobile Payment solutions under the ClearMode® brand has licensed StreamWIDE's next generation technology for telecom value-added-services. With this agreement, Wmode and StreamWIDE will provide carriers with a complete set of managed services including ring back tones, voice messaging, visual voicemail, and call completion services.

The focus of the agreement is on StreamWIDE's Ringback tones (RBT) solution, a personalized music service gaining global adoption in which Wmode excels as a managed service provider and has developed market leading expertise, and where StreamWIDE provides a state-of-the-art platform based on standard SIP architecture. Through this partnership the StreamWIDE portfolio of applications becomes immediately available to Wmode and their customers, minimizing time to market and providing carriers with a solid ROI.

Wmode, a privately held company based in North America, has been providing technology solutions for mobile operators, media companies and consumer brands for the past ten years. StreamWIDE, a public company based in Europe with offices in Paris, New Jersey and China provides value-added services for mobile and fixed-line telecommunication operators.

Speaking about this new partnership, Wmode CEO, Emanuel Bertolin commented, "Leveraging our license agreement with StreamWIDE, we will be announcing our first North American customer in the coming weeks under the new partnership. We are excited about the opportunities this agreement presents in North America and globally."

Wmode entered into this licensing agreement with StreamWIDE as it provided the organization with the right approach and flexible technology. Both of these factors allow Wmode to offer its mobile operator customers a seamless and complete RBT solution.

Speaking about the agreement Pascal Beglin, CEO for StreamWIDE said, "We recognized Wmode's excellence in customer attention and their strong operational culture for running successful managed services for mobile operators, especially their achievements with RBT with Cricket in the US. Together with our carrier-grade technology, our advanced features and our track-record on the telecom market, we believe we can win a large market share for our solutions moving forward with this hosted, managed service option."

Notes to Editors:

About Wmode

Wmode was founded in September 2000 and operates the ClearMode®, Widality™ and Momentem™ brands.

ClearMode® is a comprehensive service suite of managed services that provides mobile operators with the recruitment, management, discovery, delivery and payment of mobile apps, content and services. As the first complete distribution solution for media and App Stores, ClearMode® has been operated as a managed service since 2002.

Recently acquired by Wmode, Widality™ provides a range of services to the app economy helping app providers to get above the noise and monetize by delivering scalable quality services.

Momentem™, a mobile expense management service for busy professionals, is the organizations end-user brand.

Recently, Wmode was recognized as one of the fastest growing companies in North America on Deloitte's 2010 Technology Fast 500™. The Technology Fast 500™ distinguishes innovative companies that have broken down barriers to success and defied the odds with their outstanding five-year revenue growth.

Wmode is a privately held company headquartered in Calgary, Canada with offices in Toronto, Canada, Palo Alto, USA, and Bern, Switzerland. www.wmode.com.

About StreamWIDE

Headquartered in Paris (France), with subsidiaries in the USA, China, and Romania, StreamWIDE is fully dedicated to developing value-added services for mobile and fixed-line telecommunication operators. Our product line is field-proven in more than 25 countries and includes unified and convergent messaging, online charging, ringback tones, conferencing, and SIP proxy solutions, all built on top of a breakthrough service creation environment. Thanks to its innovative software technology, StreamWIDE enables telecom operators to deploy new applications, improve their ARPU, reduce total cost of ownership, and shorten time to market. For more information, visit www.streamwide.com.

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