Mandalay Digital Group Partnering with AXIS to Launch the Digital Turbine Interface
Mandalay Digital Group, Inc. (QB) (USOTC:MNDL)
Historical Stock Chart
2 Years : From Sep 2012 to Sep 2014
LOS ANGELES, Nov. 5, 2012 /PRNewswire/ -- Mandalay Digital Group, Inc. (OTC Markets: MNDL), today announced its intention to launch Digital Turbine, a fully integrated user experience and multimedia management interface for Android devices, with AXIS, a leading mobile provider with more than 17 million subscribers in Indonesia.
About Mandalay Digital Group
Mandalay Digital Group is at the convergence of internet media content and mobile communications. It delivers a mobile services platform that works with mobile operators and third-party publishers to provide portal management, user interface, content development and billing technology that enables the responsible distribution of mobile entertainment. Mandalay Digital is headquartered in Los Angeles and has offices in Europe and Latin America to support global sales and marketing. For additional information, visit www.mandalaydigital.com.
AXIS launched its services in April 2008 and is already available in many major islands of Indonesia, including Java, Bali, Lombok, West Sumatra, North Sumatra and Riau. Headquartered in Jakarta, AXIS is the fastest growing GSM and 3G mobile operator in Indonesia with more than 17 million mobile subscribers with a team of more than 800 highly motivated people. AXIS' vision is to provide affordable communications to all Indonesians. In line with this vision, the company is aggressively expanding its services and coverage across the country. AXIS high-speed mobile broadband services have been launched in many major cities in Indonesia and will be continued to other areas this year. Detailed information about AXIS is available at www.axisworld.co.id
Forward Looking Statement
Statements in this news release concerning future results from operations, financial position, economic conditions, product releases and any other statement that may be construed as a prediction of future performance or events are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause actual results to differ materially from those expressed or implied by such statements. These factors include uncertainties as to levels of orders, ability to record revenues, release schedules, market acceptance of new products, changes in economic conditions and market demand, pricing and other activities by competitors, and other risks including those described from time to time in the Company's filings on Forms 10K and 10Q with the Securities and Exchange Commission (SEC), press releases and other communications.
Brett Maas, Managing Partner
SOURCE Mandalay Digital Group, Inc.