2007'02.01.Thu
Global Mobile Multimedia Application Services Provider (ASP), Nextnation to Roll Out 3G Products in China in Second Half of the Year

March 28, 2006

BEIJING, March 28 /Xinhua-PRNewswire/ -- Global mobile multimedia Application Services Provider (ASP), Nextnation, plans to launch its third-generation (3G) applications in the second half of the year to strengthen its position in the China market, said International PR Manager, Sally Peh. "Our 3G products will complement existing business and tap the current development of 3G trends. We also expect that it will contribute a significant growth in the coming year's revenue," Sally said. She predicted that, by 2007, the company's overseas business was expected to account for over 70% of group revenue as it intended to strengthen its presence in Asia by penetrating into the China and India markets. In addition to the China and India markets, Nextnation will be targeting global expansion into other Asia regions and European markets to add services, distribution channels and infrastructures. "The mobile multimedia application industry is growing rapidly. Nextnation, through its over 80 wireless operators has captured 500 million mobile users. We are actually in a leading position in the emerging market," said Sally Peh The global market for cell phone premium content, including music, gaming and video, is expected to expand to more than $43 billion by 2010, rising at a compound annual growth rate of 42.5 percent from $5.2 billion in 2004, according to iSuppli Corp. About Nextnation Nextnation, a mobile application service provider, enables businesses and individuals to access, connect, and transact across today's complex global mobile networks. Its core product MINDCEP(TM) Platform is a mobile multimedia communication platform, facilitating and enabling mobile data transmission worldwide using WAP, MMS, SMS and Java technologies. MINDCEP(TM) is connected to some of the largest premium messaging networks in the world in order to offer a broad range of services from content distribution to mobile m-commerce and place the company at the forefront of this rapidly growing messaging market. Additional news and information about the company is available at http://www.nextnationnet.com . For more information, please contact: Sally Peh Tel: +603-7494-4839 Email: pr@nextnationnet.com SOURCE Nextnation Network
PR
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