AskMeNow Files Patent Related to Advertising Revenue on Mobile Search.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 a patent filing related to a unique method of generating projectable advertising revenue for mobile search. This patent application will bolster the Company's growing reserve of intellectual property related to intelligent search and mobile advertising. The proprietary software that supports the AskMeNow mobile information platform, including its natural language interaction and search methodology differentiates the Company's technology from others in the competitive mobile search landscape. The patent portfolio protects the Company's technology and business practices and helps ensure its ability to generate revenue now and into the future. "Access to consumer's mobile phones, the third screen, has become a highly visible and competitive market in recent months," 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. , 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. . "A major land grab land grab n. An aggressive taking of land, especially by military force, in order to expand territorial holdings or broaden power: "The Oklahoma Land Rush of 1889 was . . . in mobile search and its technology has increased, and we believe our pending acquisitions and the filings we're putting in place will competitively position AskMeNow in the future." As a leader in mobile intelligent search, the Company plans to secure additional intellectual property related to its business. About AskMeNow AskMeNow, a wholly owned subsidiary of Ocean West Holding Corporation, is the easiest, most convenient way to access information on the Internet or from local content from your cell phone or mobile PDA (Personal Digital Assistant) A handheld computer for managing contacts, appointments and tasks. It typically includes a name and address database, calendar, to-do list and note taker, which are the functions in a personal information manager (see PIM). device. The first mobile lifestyle network, AskMeNow utilizes its proprietary technology to offer a natural language based interaction and dynamic content provision platform designed for simple and quick information retrieval information retrieval Recovery of information, especially in a database stored in a computer. Two main approaches are matching words in the query against the database index (keyword searching) and traversing the database using hypertext or hypermedia links. . Through relationships such as the one previously announced with Rogers Wireless Rogers Wireless, formerly known as Rogers AT&T Wireless, is a wholly owned subsidiary of Rogers Communications. Rogers purchased Fido in November 2004, creating Canada's largest wireless carrier, which surpasses Bell Mobility in subscriber volume, and is a Global System for Mobile , Canada's leading wireless carrier, the Company generates revenues through per usage fees and one to one contextual mobile advertising sponsorships. AskMeNow launched officially in November 2005. The Company is based in Irvine, California Irvine is an incorporated city in Orange County, California, United States. It is a planned city, mainly developed by the Irvine Company since the 1960s. Formally incorporated on December 28 1971, the 69.7 square mile (180.5 km²) city has a population of 202,079 (as of 2007). . Please click on http://www.askmenow.com for more information. Forward-Looking Statements This press release contains certain statements which are not historical or current fact and constitute forward-looking statements within the meaning of such term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual financial or operating results of the Company or AskMeNow to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. These statements include this patent application bolstering the Company's growing reserve of intellectual property and the patent portfolio helping ensure the Company's ability to generate revenue now and into the future. Such forward looking statements are based on our best estimates of future results, performance or achievements, based on current conditions and the most recent results of the Company and AskMeNow. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms may, will, potential, opportunity, believes, expects, intends, estimates, anticipates or plans to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission. |
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