Launch of SMS Subscription Services in Argentina

10 Jun 2009 07:00



MOBILE STREAMS PLC

("Mobile Streams")

Mobile Streams launches SMS Subscription services in Argentina

London (AIM:MOS) - 10 June 2009 - Leading global content retailer, Mobile Streams, announces today that it has launched its first SMS Subscription services in Argentina. Consumers can subscribe to various content channels including  music, jokes and relationship advice and receive daily text messages on their chosen topic. Consumers also receive various free content downloads as part of their subscription such as truetones or videos. These SMS Subscription services are marketed off-portal through the mobile internet.

Commenting, Simon Buckingham CEO of Mobile Streams said: "Combining SMS and multimedia services with a recurring subscription billing business model is the future for mobile Internet services in Latin America. We are excited by the early results we have seen from the first wave of services in Argentina."

Mobile Streams has extended its longstanding direct operator portal billing relationships in Argentina to include direct billing agreements for direct to consumer services. The subscription-based services are available on www.argentina.ringtones.com and via the popular "2323" shortcode, amongst others.

In addition to marketing its own SMS Subscription services Mobile Streams is also licensing these capabilities to third parties that wish to run their own direct to consumer services in Argentina. 

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Enquiries

Mobile Streams Plc +44 (0)20 7665 8240James ColquhounFinance Director

Nominated Adviser

Grant Thornton UK LLP +44 (0)20 7383 5100

Philip Secrett

Broker

Singer Capital Markets Limited +44 (0)20 3205 7500

Jeff Keating

Notes to Editors

About Mobile Streams 

Mobile Streams is a leading mobile content retailer providing managed mobile content services to some of the world's largest mobile phone network operators including 3, AT&T, Movistar, Optus, SingTel, Telcel, TIM and Vodafone and provides managed services to content owners including HBO, Warner Music Group and Discovery Communications.

The Company also offers mobile internet services directly to consumers through sites powered by its www.Ringtones.com brand. 

Mobile Streams operates subsidiaries in North America, Europe, Latin America and Asia and has approximately 70 employees.

For more information, please go to www.mobilestreams.com.