AskMeNow Expands Mobile Lifestyle Network; Announces New Partnership with Cornershop Entertainment to Bring Service to India.IRVINE, Calif. -- AskMeNow, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Ocean West Holding Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :OWHC OWHC Organisation of World Heritage Cities ), today announced an agreement with Cornershop Entertainment - the wireless media arm of EsselGroup, one of the largest media conglomerates in India - that will bring its popular AskMeNow service to the world's fastest-growing mobile market. India has nearly 53 million GSM-standard and 14 million CDMA-standard phone users with an expected growth forecast of 200 million subscribers by 2008, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Telecom Regulatory Authority Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities . As manager of one of India's largest volume short-code, Cornershop Entertainment has relationships with every major wireless service provider throughout India and will benefit from the increased text messaging Sending short messages to a smartphone, pager, PDA or other handheld device. Text messaging implies sending short messages generally no more than a couple of hundred characters in length. generated by AskMeNow's service. "The agreement with Cornershop Entertainment is another important step in the worldwide expansion of AskMeNow," said Darryl Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. , AskMeNow CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "It provides users access to all of the information available on the Internet, straight to their mobile device, while providing an innovative direct advertising medium for companies in India." Chirag Shah, Head of Mobility for the EsselGroup, explained, "We are excited to integrate the popular AskMeNow service into our system enabling our customers to ask virtually any question and receive an SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. answer on their phones in moments. The mobile marketplace in India is growing rapidly and we are proud to offer such a unique service to the increasing number of mobile users." AskMeNow is the latest in a group of American technology companies to invest or expand into India. AskMeNow currently owns and operates a research facility in the Philippines, and expects to extend the offering of their products and services into other countries in the future. About AskMeNow AskMeNow, a wholly-owned subsidiary of Ocean West Holding Corporation, is the easiest, most convenient way to access information on the Internet from your cell phone or mobile device. The first mobile lifestyle network, AskMeNow allows subscribers to simply call or text message any question from a mobile telephone to receive the information requested in moments. Basic questions are answered for free, while AskMeAnything questions are answered for a small automated fee. The Company generates revenue through one-to-one advertising and sponsorship on its service, as well as per usage charges for its AskMeAnything feature. Utilizing proprietary technology, AskMeNow launched as a Beta in 2004. The Company is based in Irvine, CA. Please click on www.askmenow.com for more information. About Essel Group Cornershop Entertainment, the owner of the popular short code 7575, is the Wireless Media Arm of Esselgroup, the parent company for leading businesses like Zee TV Zee TV is an India-based satellite television channel in the Zee Network umbrella, which carries broadcasts in Hindi, Urdu, and other regional languages of India. As well as broadcasting in South Asia, it also reaches audiences in Europe, the Middle East, Africa, East Asia, Network, Esselpropack - Asia's Largest Provider of Packing Solutions - Esselworld - India's Largest Theme Parks - and DNA DNA: see nucleic acid. DNA or deoxyribonucleic acid One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes. Newspapers. Forward-Looking Statements: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include Cornerstone will benefit from the increased text messaging generated by AskMeNow's service and AskMeNow expects to extend the offering of their products and services into other countries in the future involve known and unknown risks and uncertainties. Factors that could cause actual results to differ materially from those predicted in any such forward-looking statement include our ability to continue to lower our costs, our timely development and customers' acceptance of our products, including acceptance by key customers, pricing pressures, rapid technological changes in the industry, increased competition, our ability to attract and retain qualified personnel, our ability to identify and successfully consummate future acquisitions; adverse changes in general economic conditions in the U.S. and internationally, political and economic uncertainties associated with current world events. These and other risks are detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its report on Form 10-KSB for its fiscal year ended September 30, 2004, and its Registration Statement on Form SB-2 dated September 14, 2005. |
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