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VINDIGO ACQUIRES WAYMOBILE.COM
Acquisition of Innovative Developer Accelerates Entry into Mobile Commerce, Ringtones and More
SAN FRANCISCO, Calif. - October 25, 2004 - At CTIA Wireless IT and Entertainment 2004, Vindigo, one of the best-known publishers of consumer applications for mobile devices, today announced the acquisition of waymobile.com, Inc., the San Diego-based developer and publisher of some the industry's most advanced mobile content and commerce products, including AwayAuction™ for eBay®. Through Vindigo's extensive carrier distribution network and porting expertise, waymobile.com's innovative mobile services will now be available to wireless subscribers on every major carrier in the U.S. Terms of the deal were not disclosed.
"Together we will streamline and more efficiently respond to the overwhelming demand for waymobile.com's products from mobile carriers and subscribers," said Jason Devitt, chief executive officer, Vindigo. "The acquisition strengthens Vindigo's already extensive catalog of mobile lifestyle products and accelerates our entry into other categories, including mobile commerce, ringtones and more."
AwayAuction for eBay, an easy-to-use product to stay on top of eBay listings from anywhere, and other products from waymobile.com will be re-branded to reflect their new home in the Vindigo portfolio.
"Vindigo has emerged as one of North America's leading mobile publishers and the Vindigo brand has become synonymous with the mobile lifestyle," said Dave Hock, president and chief technology officer, waymobile.com. "We are thrilled to join forces with this powerful development and publishing house and look forward to working closely with their exceptional team."
Vindigo Studios will retain waymobile.com's San Diego offices in its first expansion outside of its headquarters in New York.
About Vindigo Vindigo is one of the best-known publishers and developers of consumer applications for mobile devices. Vindigo's proprietary technology and network of content partners power compelling applications on every major wireless carrier in the U.S. More than three million consumers have downloaded a Vindigo application. Vindigo is a wholly owned subsidiary of For-Side.com, one of the largest mobile Internet companies in the world. More information can be found at www.vindigo.com.
Vindigo is a registered trademark of Vindigo Studios, Inc. All other names may be the trademarks of their respective companies.
