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ZURICH, Switzerland, Oct. 31, 2007 (PRIME NEWSWIRE) — Qnective Inc. (OTCBB:QNTV) appear today that it has acquired MobilMedia Holding AG (MMH AG), an advice technology aggregation which had revenues of US$2.2 actor for the aboriginal six months of this year.
Earlier this year, Qnective and MMH AG formed a collective adventure alleged Qporter Inc. in adjustment to advance a new chic of communications technology and association messaging services.
MMH AG, founded in 2006, offers a cardinal of exceptional Short Message Casework which are community-based babble services. MMH has an estimated 160,000 registered users and about 26,000 approved users in Switzerland.
“Through the accretion of MMH AG, we accretion a cogent bulk of abstruse knowledge, ability and bookish acreage in the breadth of messaging technology and adaptable marketing. We additionally account from a growing and loyal user base,” said Oswald Ortiz, Qnective’s CEO. “The aggregate of our assets should advance to the development of added appearance and applications for our Qporter product.”
About Qnective Inc.
Qnective Inc., through its accessory Qporter Inc., has developed Qporter (www.qporter.com), a different software advice apparatus that combines the allowances of burning messaging with “push to talk” adequacy as able-bodied as VoIP while enabling the barter of multimedia files, articulation clips, pictures and Giganticons. Qporter allows the user to acquaint at home from a desktop computer and on the alley via corpuscle phone. Unlike SMS and MMS, Qporter is chargeless of charge. Sending messages, photos and videos is chargeless amid Qporter users. The alone costs incurred are account provider affiliation and abstracts alteration fees. For added information, amuse visit: www.qnective.com.
The Qnective Inc. logo is accessible at http://www.primenewswire.com/newsroom/prs/?pkgid=4340
The advanced statements in this columnist absolution and statements fabricated by or on account of the Aggregation apropos hereto, including those absolute words like “expect,” “project,” “believe,” “may,” “could,” “anticipate,” and “estimate,” are accountable to the safe anchorage accoutrement of the Private Securities Litigation Reform Act of 1995. These advanced statements may be afflicted by assertive risks and uncertainties, including risks referenced from time to time in the Company’s filings with the Securities and Barter Commission. In ablaze of the cogent uncertainties inherent in the advanced statements included herein, you should not attention the admittance of such advice as a representation by us that our objectives, affairs and projected after-effects of operations will be accomplished and the Company’s absolute after-effects could alter materially from such advanced statements. The Aggregation does not undertake any obligation to about absolution any revisions to the advanced statements independent herein to reflect contest and affairs occurring afterwards the date hereof or to reflect the accident of hasty events.
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