Science & Technology
Tue, April 5, 2011Mon, April 4, 2011Sun, April 3, 2011Sat, April 2, 2011Fri, April 1, 2011Thu, March 31, 2011Wed, March 30, 2011Tue, March 29, 2011Mon, March 28, 2011Sun, March 27, 2011Sat, March 26, 2011Fri, March 25, 2011Thu, March 24, 2011Options Media Group Holdings, Inc. Announces Exclusive Distribution Agreement With Quality One Wireless, LLC
Published in Science and Technology on Wednesday, March 30th 2011 at 6:55 GMT by Market Wire
BOCA RATON, FL--(Marketwire - March 30, 2011) - Options Media Group Holdings, Inc. (
"This initial contract, which is for 40,000 units which is being delivered this week, is our largest to date for Drive Safe," commented Scott Frohman, CEO of Options Media Group. He continued, "We are clearly seeing interest in this product heating up, as media and celebrity exposure on the dangers of texting while driving increases. At the same time, we are also seeing our order rates for Drive Safe™ increase. Quality One Wireless, with its extensive retail penetration, is a great fit for Drive Safe™ and our Company and we look forward to working with them to make this distribution agreement a success."
John Chiorando, CEO of Quality One Wireless, commented, "Our customer base is very interested in this application, and as the exposure of the dangers of texting while driving continues to increase, we believe consumer demand for this product category will grow significantly."
About Quality One Wireless
Quality One Wireless LLC was founded in 1993 by the company's existing CEO, John Chiorando. Quality One Wireless has multiple affiliate companies that focus on the sale of wireless devices, accessories, modems and parts and perform services, fulfillment and the distribution of new technology to any place in the world, offering an extensive line of diversity in products, brands and goods. Quality One Wireless utilizes state of the art hardware and software to handle inventory, distribution, fulfillment, OTA programming and data disposition. The company provides end to end supply chain solutions that ease operational processes, reduce lead times and lower procurement expenses. Quality One Wireless is headquartered in Orlando, Florida.
About Options Media Holding Group, Inc.
Options Media Group Holdings, Inc., a leading provider of mobile application software, recently announced the Company plans to change its name to PhoneGuard, Inc. The Company's flagship product, Drive Safe Software, is a next-generation software suite with the most robust set of features and functions available today. The software product, which is easily downloadable to mobile phones, allows for global positioning satellite tracking of the mobile device in order to calculate the rate of speed of travel. Above certain predetermined speeds, the Drive Safe Software will lock the keyboard and prevent the user from emailing, surfing the web or texting. While Drive Safe Software is designed to prevent texting while driving, it also offers parents and employers the ability to monitor the driving habits of mobile phone users in order to prevent speeding. PhoneGuard is also one of the mobile industry's leading providers of anti-virus software. The Company is also a growing force in mobile marketing and mobile social media.
Cautionary Statements Regarding Forward Looking Statements
This press release contains forward-looking statements including statements regarding interest in our product, orders for our products and growth of the demand for products in the Drive Safe™ product category. Forward-looking statements can be identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects" and similar references to future periods. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the impact of intense competition, the continuation or worsening of current economic conditions, and acceptance of our Drive Safe™ software by Quality One Wireless' user base and ultimately parents and other consumers.
Further information on Options Media's risk factors is contained in its filings with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2009. Any forward-looking statement made in this presentation speaks only as of the date on which it is made. Factors or events that could cause actual results to differ may emerge from time to time, and it is not possible to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
