PALO ALTO, Calif., May 28, 2015 /PRNewswire/ -- XcelMobility,
Inc. (OTCBB: XCLL), a leading online lottery service provider in
China, today announces the launch
of Afterburner, XcelMobility's innovative new Wi-Fi networking
platform allowing mobile users and lottery players to easily and
quickly connect to the company's online lottery and advertising
portal. Afterburner Wi-Fi nodes will be installed in lottery and
phone card kiosks throughout China
creating a true national Wi-Fi network.
Cities in China are littered
with small kiosks selling lottery, phone cards and other personal
products. Today there are over 1,000,000 of these small shops
located throughout China. Each of
these locations provides a potential installation for the Company's
Afterburner Wi-Fi device. The Afterburner device will be installed
at no cost to the kiosk proprietor and provides the proprietor with
numerous opportunities to increase sales and profits including:
- Offering his local customers free Wi-Fi service at the kiosk
thus increasing traffic
- Providing an easy and convenient method for lottery and other
personal products
- The ability to sell new products and services offered over the
Afterburner network
- Sharing in online advertising revenues
XcelMobility's CEO Ryan Ge commented, "Afterburner provides a
unique and innovative method for mobile lottery players to quickly
and easily connect to our lottery portal and advertising network.
It positions us well to take advantage of the 85 Billion Yuan mobile internet lottery segment
that grew at over 100% in 2014."
Afterburner provides a most innovative and complete method to
connect with the over 1 Billion mobile users in China today. No other system in China offers lottery players such an easy and
convenient method to purchase lottery and other personal products
and services.
Initial Afterburner installations are being tested now. The
company will begin general rollout of the Network over the second
half of the year.
About XcelMobility, Inc.
XcelMobility is a leading online lottery service provider in
China. The company aggregates and
processes lottery purchase orders from registered user accounts and
derive revenues from service fees paid by provincial sports lottery
administration centers for the purchase orders of welfare and
sports lottery products. We focus on China's burgeoning online lottery market of
well over 300 Million Users.
For more information visit:
www.xcelmobility.com
https://twitter.com/xcelmobility
Company Contact:
Investor Relations
Contact phone: (858) 886-7237
Email
Company Address
Phone Number- (650)320-1728
2225 East Bayshore Rd.
Suite 200
Palo Alto, CA 94303
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term is defined in Section 27A of the United States Securities Act
of 1933, as amended and Section 21E of the Securities Exchange Act
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Investors should consult all of the information set forth herein
and should also refer to the risk factors disclosure outlined in
our annual report on Form 10-K for the most recent fiscal year, our
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SOURCE XcelMobility