Piscataway, N.J., Dec. 23, 2014 (GLOBE NEWSWIRE) -- PISCATAWAY, NJ, December 23, 2014/Marketwired.com/ - Mobile Broadcasting Holding, Inc. (OTCPink: MBHC) announces the beta launch of its patented mobile broadcasting technology app which it has named "WHiRLD™. WHiRLD is a social media mobile app that allows users to broadcast unparalleled live video to an unlimited number of followers and subscribers in real time. MBC has chosen the name WHiRLD because the app allows anyone to broadcast their point of view of the world to friends, family, and other followers.
"This user acceptance testing phase is the final stage before we roll out the app to the mass market," stated Kenneth Bland, a former senior executive of AT&T and Verizon and now the Company's CEO. "The development of our app has been a labor of love with a lot of hard work behind it. We are excited about its upcoming launch to the general public."
With the rapid advancement of 4G/LTE and wireless technology, along with better quality video cameras built into smart phones, WHiRLD is preparing to grab a large share of the live video streaming market with an app that represents a major advance from earlier attempts to capture this market.
"We believe WHiRLD's mobile live video broadcasting app offers an exciting social media alternative for sharing personal news with the masses and are confident that our technology and its adoption will be well received," stated Mr. Bland.
SAFE HARBOR AND INFORMATIONAL STATEMENT
This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact, regarding the intent, belief and expectations of the Company and its management with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the Company's reports filed with the SEC. The Company is not eligible to rely on the safe harbor provided by Section 21E(c) of the Exchange Act because it is not subject to filing periodic reports under Sections 13 or 15(d) of the Exchange Act.
For more information, contact:
Mobile Broadcasting Corp.
Kenneth D. Bland
Chief Executive Officer
Only information that is publicly available will be provided.
Source:Mobile Broadcasting Holding