NEW
YORK, June 5, 2023 /CNW/ - MiMedia Holdings
Ltd. (TSXV: MIM) ("MiMedia", "Company") is
pleased to announce that the Company has successfully launched in
Japan with previously announced,
signed mobile device partner Orbic North America, LLC
("Orbic") under the brand name "Orbic Cloud".
As part of the launch press conference last week in Japan, users were able to try the new MiMedia
consumer cloud platform in person and experience its unique
features and capabilities firsthand while learning from several
keynote speakers about Orbic's new and impressive tablet and
smartphone line-up now in market.
The launch in Japan is
MiMedia's first in a series of planned launches around the globe
with Orbic to occur throughout 2023. To begin with in this
launch, MiMedia has been integrated onto two tablets and one
smartphone series with Orbic in Japan. More SKUs and device
types are expected to soon follow with MiMedia fully
integrated. Overall and as contracted with Orbic, MiMedia
will be integrated onto millions of mobile devices over the next 24
months.
"We are thrilled to be launched in the first market of
several to come with our partner Orbic. Orbic has brought to
the Japanese market some excellent mobile devices. We are
excited to be part of Orbic's first rate consumer products and
bring our first-rate consumer cloud experience to their
consumers. I am proud of both teams for a seamless
integration process. With this launch behind us, both teams
are ready for and look forward to rapid scalability in users,
engagement, and revenue in the next coming months", said
Chris Giordano, CEO of MiMedia.
About Orbic
Orbic is a leading mobile device manufacturer that operates and
distributes globally in markets such as the US, Puerto Rico, India, Taiwan, China, Australia, Japan, UK & Germany. With a full line of mobility
products, including smartphones, connected laptops, Mobile
hotspots, wearables, and tablets, Orbic aims to offer consumers and
businesses technology products with meaningful features that
benefit and enrich lives through communication solutions. Orbic
distributes its product line either directly or via partnerships
with leading telecom providers, like Verizon and T-Mobile in the US
and other carriers around the globe.
About MiMedia
MiMedia is a next generation consumer cloud platform that
partners with smartphone makers and telecom carriers globally to
provide their consumers with a unique personal cloud experience
that enables all types of personal media to be secured in the
cloud, accessed seamlessly, across all devices and operating
systems at any time.
Notice regarding forward-looking statements:
This release includes forward-looking statements regarding MiMedia,
and their respective businesses, which may include, but is not
limited to, statements with respect to the completion of a
Transaction, appointment or any other decision made by the
business. Often, but not always, forward-looking statements can be
identified by the use of words such as "plans", "is expected",
"expects", "scheduled", "intends", "contemplates", "anticipates",
"believes", "proposes" or variations (including negative
variations) of such words and phrases, or state that certain
actions, events or results "may", "could", "would", "might" or
"will" be taken, occur or be achieved. Such statements are based on
the current expectations of the management of MiMedia. The
for-ward-looking events and circumstances discussed in this
release, may not occur by certain specified dates or at all and
could differ materially as a result of known and unknown risk
factors and uncertainties affecting the companies, including risks
regarding the MiMedia industry, failure to obtain regulatory or
shareholder approvals, economic factors, the equity markets
generally and risks associated with growth and competition.
Although MiMedia have attempted to identify important factors that
could cause actual actions, events, or results to differ materially
from those described in forward-looking statements, there may be
other factors that cause actions, events, or results to differ from
those anticipated, estimated or intended. No forward-looking
statement can be guaranteed. Except as required by applicable
securities laws, forward-looking statements speak only as of the
date on which they are made and MiMedia undertakes no obligation to
publicly update or revise any forward-looking statement, whether as
a result of new information, future events, or otherwise.
SOURCE MiMedia