BAAR, SWITZERLAND — (Marketwired) — 12/18/14 — One Horizon Group Inc. (NASDAQ: OHGI), which develops and licenses bandwidth efficient mobile voice over Internet Protocol (“VoIP”) platform for smart phones, announced today that its “Horizon Platform” will be launched into end markets in the first quarter of 2015 as a standard feature built within operating systems of handheld devices.
Tier 1 Telecom operators, including Smartfren Telcom, Tbk in Indonesia and the Philippines, will make One Horizon software available to customers as a standard feature upon activation of devices. This will give users the ability to acquire a free virtual SIM, a unique identifier that allows for calls from –application to application– or –application to landline/mobile phones,– by simply registering the App. Having the App on the device eliminates the step of the user needing to seek out and download the App. It is anticipated that Smartfren Telcom will target to pre-install the smartcall app in more than 4 million units of their Andromax phones in 2015.
“Operators will now be able to leverage their broad handset distribution to drive the adoption of our technology to given verticals. Operators will benefit from lower mobile-spectrum consumption per call while delivering innovation on their own branded network,” stated CEO Brian Collins. “Various websites will be promoting the branded App and instructing subscribers on where to top-up. We expect increased downloads as the marketing and promotion engines of these operators ramp up over the coming weeks and months.”
One Horizon Group Inc.–s business is to optimize communications over the Internet through its wholly owned subsidiary, Horizon Globex GmbH, Baar, which develops and markets one of the world–s most bandwidth-efficient mobile Voice over Internet Protocol (VoIP) platforms for smartphones, and also offers a range of other optimized data applications including messaging and mobile advertising. Horizon Globex GmbH is an ISO 9001 and ISO 20000-1 certified company. The Company has operations in Switzerland, the United Kingdom, China, India, Singapore, Hong Kong and Ireland. For more information on the Company and its products and services, please visit .
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements that are not purely statements of historical fact, and can sometimes be identified by our use of terms such as “intend,” “expect,” “plan,” “estimate,” “future,” “strive” and similar words. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of One Horizon Group and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and the company undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although the company believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of One Horizon Group in general, see the risk disclosures in the Annual Report on Form 10-K of One Horizon Group for the year ended December 31, 2013, as amended, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by One Horizon Group.
Contact:
MZ North America
Matthew Selinger
SVP
Tel: +1-949-298-4319
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