RALEIGH, N.C.--(BUSINESS WIRE)--Feb. 14, 2006--Oasys Mobile, Inc.
(OTCBB: OYSM), formerly Summus, Inc., a leading provider of premium
mobile media content, products and services, today announced a
partnership with The Orchard, the leading distributor and marketer of
independent music in the world, to offer thousands of “TrueTones” from
independent artists on OasysMobile.com.
The Orchard's TrueTones are an "aural smorgasbord" of talent that
uses portions of the artists' actual tracks as ringtones rather than
electronically-generated versions of the songs. From bluegrass to
blues, Hawaiian to Indian, and choral classics to classic rock, The
Orchard catalogue offers something for everyone, including music from
major bands like Coldplay, The Donnas and Green Day. To begin the
partnership, Oasys Mobile will initially offer about 10,000 TrueTones
from The Orchard's unrivaled catalogue of over 700,000 tracks.
“The independent music sector is enjoying spectacular growth and
we believe strongly that the shift to digital will disproportionately
benefit independent and international music,” said Greg Scholl, CEO of
The Orchard and managing director of Dimensional Associates, the
company that owns The Orchard, eMusic and Dimensional Music
Publishing. “By partnering with Oasys Mobile, we're letting consumers
choose music from their favorite independent artists to use as
ringtones, but also offering the most unique selection in the market
for people who want to step outside the mainstream and discover
something new. Whether hip-hop or be-bop, The Orchard offers ringtones
for every taste. OasysMobile.com helps consumers make their mobile
phones uniquely theirs.”
OasysMobile.com is the first mobile lifestyle portal where
consumers can purchase the latest mobile content - including
ringtones, games, wallpaper and more - and safely store them in a
virtual "locker" that can be accessed anytime, anywhere. The
password-protected lockers give consumers a safe place to store and
retrieve their mobile content should they upgrade, lose or break their
handsets.
“The addition of The Orchard content to OasysMobile.com adds a
unique and varied collection of ringtones available to our customers,”
said Gary Ban, CEO of Oasys Mobile, Inc. “OasysMobile.com now offers a
wide array of TrueTones to an ever-growing fan base of independent
artists. With new ringtones from The Orchard, it's easier than ever to
express your mobile identity at OasysMobile.com.”
Oasys Mobile, Inc. provides consumers with the best mobile content
available by partnering with leading content providers to develop
compelling and unique wireless applications and content for mobile
phones. Through its relationships with mega-brand content partners
like Fujifilm, AOL, Mattel, The Wall Street Journal and nine-time
world series of poker pro Phil Hellmuth, Oasys Mobile, Inc. has
developed more than 30 compelling and unique mobile products in the
popular categories of games, personalization, entertainment and
messaging. This content is distributed through OasysMobile.com and
through major wireless carriers and distribution partners worldwide.
Oasys Mobile, Inc. brings premium mobile content to market quickly
and efficiently using industry best practices. With the launch of
OasysMobile.com, the company capitalized on its experience as an
award-winning application developer to reach consumers directly.
Products from Oasys Mobile, Inc. and its partners such as The Orchard
are available on most mobile platforms and most of the handset models
available today.
About The Orchard
The Orchard is the leading distributor and marketer of independent
music in the world, representing thousands of labels spanning 73
countries and every music genre. The Orchard supplies its catalogue of
more than 700,000 tracks to all of the leading legal digital music
retailers and mobile operators throughout the world. The company is
headquartered in New York and London, with operations in Tokyo, Buenos
Aires, Tel Aviv, Hong Kong, Toronto, Kolkata, Johannesburg, Moscow and
Melbourne, and local representatives in Paris, Milan, Berlin,
Barcelona, Lausanne, Ramallah, Nairobi, and Sao Paulo.
About Dimensional Associates, Inc.
Dimensional Associates, Inc. is the New York-based private equity
arm of JDS Capital Management, Inc. Its portfolio companies include
eMusic, The Orchard and Dimensional Music Publishing.
About Oasys Mobile, Inc.
Oasys Mobile, Inc. (formerly Summus, Inc.) is a leading provider
of premium mobile media content, products and services distributed
through OasysMobile.com and top-tier wireless carriers in the U.S. and
abroad. Oasys Mobile is uniquely positioned to give consumers the
ability to manage their mobile lifestyle by delivering a breadth of
offerings including OasysMobile.com, a leading-edge mobile lifestyle
portal that is changing the way teens and young adults buy, own and
keep their mobile content. Oasys Mobile also develops, publishes and
distributes more than 30 branded mobile applications in all major
categories, from personalization and games to messaging and
entertainment. The Oasys Mobile white-label services give carriers and
content companies access to an exciting new venue which will extend
their mobile offerings off-deck and reach new customers.
Whether it's OasysMobile.com, the branded mobile products, or the
white-label service offerings, Oasys Mobile is Wireless Refreshment.
This press release contains forward-looking statements that
involve risks and uncertainties concerning Oasys Mobile's business,
products, and financial results. Actual results may differ materially
from the results predicted. More information about potential risk
factors that could affect our business, products, and financial
results is included in Oasys Mobile's annual report on Form 10-K for
the year ended December 31, 2004, and in reports subsequently filed by
Oasys Mobile with the Securities and Exchange Commission (“SEC”). All
documents are available through the SEC's Electronic Data Gathering
Analysis and Retrieval system (EDGAR) at www.sec.gov or from Oasys
Mobile's web site at www.oasysmobileinc.com. Oasys Mobile hereby
disclaims any obligation to publicly update the information provided
above, including forward-looking statements, to reflect subsequent
events or circumstances.
All trademarks and/or registered trademarks are the property of
their respective owners.
CONTACT: Schwartz Communications
Dawn Sullivan or Lisa Astor, 781-684-0770
oasys@schwartz-pr.com
or
For Investors
Lippert/Heilshorn & Associates
David K. Waldman, 212-838-3777
dwaldman@lhai.com
SOURCE: Oasys Mobile, Inc.
