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RPID -- February 15, 2011

RPID -- February 15, 2011


Published on 2011-02-15 05:35:16 - Market Wire
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MIAMI, FL--(Marketwire - February 15, 2011) - Day Trader News Alerts watch list includes: Spot Mobile International Ltd. (OTCBB: [ RPID ]), Apple Inc. (NASDAQ: [ AAPL ]), Google Inc. (NASDAQ: [ GOOG ]) and L-3 Communications (NYSE: [ LLL ]).

New released: Spot Mobile International Ltd. (OTCBB: [ RPID ]) announced that its major North American distribution partner has commenced the rollout of Spot Mobile's prepaid GSM based handsets and SIM cards to the first 1,000 retail outlets in the United States.

As previously announced, Spot Mobile delivered 10,000 units to its first North American distribution partner, which includes prepaid talk, text and data services for wireless subscribers and nationwide coverage supported by the AT&T and T-Mobile networks. Spot Mobile anticipates it will begin to see revenue from activations in the current quarter as it actively works to expand its distribution and customer base through a progressive U.S. product launch.

Spot Mobile provides a cost effective solution to millions of cell phone users in the United States seeking full-featured nationwide service without being required to sign long term contracts with expensive early service termination fees and costly charges for overage. In addition, Spot Mobile's service includes "direct dial" international calling at deeply discounted rates, allowing consumers to call family and friends in their countries of origin with savings not generally available from other carriers' cell services.

Commenting on the shipment, Jeff Kapner, President of Spot Mobile Corp., stated, "We are excited to have our product quickly reach our distribution partner's first 1,000 stores in the U.S. We are working diligently to broaden our relationship as well as add additional partners to rapidly deploy our wireless service and build a solid footprint in the U.S. market. We are confident that we have the right product to grow our business in the multi-billion dollar wireless industry within the U.S."

About the company: Spot Mobile International Ltd., through its wholly-owned subsidiaries, Mr. Prepaid, Inc. and Spot Mobile Corp., is a mobile virtual network operator (MVNO) offering prepaid mobile services and phones and SIM cards for use with unlocked GSM handsets such as BlackBerry, iPhone, and other smart devices, as well as transaction-based point of sale activation solutions through retailers in the United States. The Company has recently started distribution of its Spot Mobile prepaid wireless services through its distribution network and continues to add target customers.

Apple Inc. (NASDAQ: [ AAPL ]) up 0.6% on 11 million shares traded.
Apple continues to lead the industry with its award-winning computers, OS X operating system, and iLife, iWork and professional applications.

Google Inc. (NASDAQ: [ GOOG ]) up 0.5% on 2.1 million shares traded.
Google's innovative search technologies connect millions of people around the world with information every day.

L-3 Communications (NYSE: [ LLL ]) down 0.7% on 778,000 shares traded.
L-3 Communications employs over 66,000 people worldwide and is a prime contractor in aircraft modernization and maintenance, C(3)ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services.

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