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Thu, April 9, 2009 GetFugu, Inc.: GetFugu Acquires Portfolio of Key Mobile IP
SAN FRANCISCO, CA--(Marketwire - April 9, 2009) - GetFugu, Inc. (
The MARA Group portfolio includes proprietary vision and voice recognition mobile software. Additionally, the portfolio includes a complete mobile Hot-Spotting ecommerce platform as well as a location-based content delivery service. These technologies enable advertisers to effectively reach consumers and build ecommerce transactions through use of the GetFugu mobile application.
"GetFugu is building a world class technology base. We will continue to add proprietary mobile technology assets that both demonstrate value and enhance our competitiveness in the market. We are looking forward to taking the lead in mobile application development designed for the next generation search tools," according to Bernie Stolar, CEO, of GetFugu, Inc.
"A key attribute of this technology is its ability to scale. This software will support millions of simultaneous users spread throughout the world. This is hugely important as the GetFugu mobile footprint continues to grow," Stolar added.
GetFugu is in licensing discussion with over 50 global companies from the US, Europe, Japan, Korea and Taiwan to use the ARL Portfolio technologies.
About the ARL Portfolio
The Mobile Augmented Reality IP Portfolio contains intellectual property. The portfolio includes nine U.S. patent applications as well as their European and Japanese counterparts. It is widely recognized that the portfolio protects fundamental technology used in the mobile search environment as well as mobile ecommerce. Manufacturers, Application developers or OEMs of mobile microchip products can learn more about how to participate in the ARL Portfolio Licensing Program by contacting: [ arl-licensing@getfugu.com ].
About GetFugu
GetFugu Inc. is the first technology architect to provide carrier and platform agnostic mobile search applications. GetFugu technology will change the way people access the web with their mobile phones. It is designed to encourage use of its applications by simply integrating the mobile phone's core strengths (image recognition, voice recognition, location recognition) into a single customizable application. Additionally, GetFugu offers the only mobile Hot-Spotting ecommerce platform available worldwide today. The GetFugu platform will be available for 97% of the mobile phones available (over 3.3 billion handsets) worldwide.
Safe Harbor Statement
Cautionary Statement Concerning Forward-Looking Statements This news release contains both historical and forward-looking statements. All statements that are not statements of historical fact are, or may be deemed to be, forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934. These forward-looking statements are not based on historical facts, but rather reflect the Company's current expectations concerning future results and events. Similarly, statements that describe the Company's objectives, plans or goals are or may be forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors that are difficult to predict and which may cause the actual results, performance or achievements of the Company to be different from any future results, performance and achievements expressed or implied by these statements. These risks include among other risks, the factors described in the Company's news releases and filings with the Securities and Exchange Commission, including but not limited to the Company's 10K Annual Report as filed on Form 10-K to be filed on or before April 15, 2009 and the quarterly report as filed on Form 10-Q for the period ended September 30, 2008. The forward-looking statements included in this document are made only as of the date of this document, and, under section 27A of the Securities Act and section 21E of the Exchange Act, the Company does not have any obligation to publicly update any forward-looking statements to reflect subsequent events or circumstances.
