Fremont, CA, January 15, 2007 --(PR.com
)-- Mobifusion, Inc., a global developer, publisher and distributor of mobile applications and technologies, announced today the completion of the acquisition of Town Compass®. A Seattle-based publisher of mobile reference content for handheld devices and smartphones, Town Compass® is the developer of DataViewerTM, a patented software platform and PocketDirectory.com®, one of the nation’s leading mobile products distribution sites.
The deal provides for Mobifusion to combine all Town Compass® mobile content titles and software applications with its own catalog. Through the acquisition, key staff, partnerships and intellectual property of both companies will be integrated, forming one of the strongest mobile publishing platforms in the industry.
“Town Compass® has already established an important name in mobile publishing through its group of branded reference, classic literature and information-based mobile content products and we intend to capitalize on their success and take it to the next level,” said Pavan Mandhani, founder & CEO of Mobifusion. “We’re already working on enhancing publishing features, upgrades to their DataViewer platform, and will continue with global expansion for its brands, technologies and customers.”
“We are very pleased to be joining the Mobifusion team at this particular stage in the evolution of the mobile content market. Our synergies are strong and together we can leverage next-generation mobile software and global distribution to continue to deliver award-winning content titles and applications to the mobile community,” said Robert Usibelli, co-founder & managing partner of Town Compass®, LLC.
A pioneer in the emerging world of mobile media, Mobifusion transforms branded content into a unique experience designed for the cell phone user. Mobifusion provides cellular operators and carriers, publishers and content providers with a rich new channel for customer acquisition and loyalty, and service upsells. Mobifusion is led by an executive team with backgrounds in publishing, mobile marketing and software development. Mobifusion products are sold through wireless carriers and online retailers starting at $0.99 per month. For more information, visit www.mobifusion.com.
About Town Compass®
Town Compass®, LLC is a leading software development and content management services company that publishes mobile reference content for delivery to handheld devices and smartphones utilizing its patented DataViewer software platform and PocketDirectory.com® distribution site. The company was founded in 1999 and is based in Seattle, Washington.