Award-Winning Migo Software Now Available In Japan For Any USB Storage Device; Migo Software Increases its Worldwide Presence.REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif. -- Migo Software today announced that the Company's award winning Migo(R) mobile computing Using a computing device while in transit. Mobile computing implies wireless transmission, but wireless transmission does not necessarily imply mobile computing. Fixed wireless applications use satellites, radio systems and lasers to transmit between permanent objects such as buildings software products are now fully localized for the Japanese market and available for download from the Company's website, www.migosoftware.jp. The Company also announced that MediaMart, Inc., a leading provider of IT services in Japan, and Migo Software entered into an electronic distribution and support agreement to facilitate the Company's introduction of its software products into the Japanese market. Migo Software is a trade name of PowerHouse Technologies Group, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PWHT PWHT Post-Weld Heat Treatment PWHT Public Works, Highway and Transportation (Wisconsin) .OB). Located in Tokyo with sales through Q3 2005 of US $6M, MediaMart, Inc. expects to leverage its strengths in IT, Systems Integration and Technical Marketing to introduce Migo mobile computing software products to both the consumer and enterprise spaces. Migo mobile computing software stores, secures and synchronizes documents, Microsoft(R) Outlook email and Internet Explorer Microsoft's Web browser, which comes with Windows starting with Windows 98. Commonly called "IE," versions for Mac and Unix are also available. Internet Explorer is the most widely used Web browser on the market. It has also been the browser engine in AOL's Internet access software. cookies, favorites and history, making them available on any PC running Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. (R) 2000 or Windows XP The previous client version of Windows. XP was a major upgrade to the client version of Windows 2000 with numerous changes to the user interface. XP improved support for gaming, digital photography, instant messaging, wireless networking and sharing connections to the Internet. . Migo software also transforms any Windows-based PC into the user's familiar PC environment by carrying desktop icons, wallpaper and Internet settings from one PC to another without leaving a trace of any data behind. "Already available in French, German, Italian, Spanish, Traditional and Simplified Chinese, the addition of the Japanese Migo software and the distribution and support agreement with MediaMart certainly broadens the Migo Software worldwide strategy," said Jay Elliot, Migo Software 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. . "Now," added Elliot, "all Japanese-speaking consumers, living in Japan or elsewhere, can utilize Migo software with their USB flash drives, memory cards, iPods(R) or Sony PSPs(TM) to have with them at all times their own current PC files and information." "We believe," added Migo Software Worldwide Sales Vice President David Wainwright, "that the relationship formed with MediaMart will help us to create a strong presence in the Japanese mobile computing software market." "MediaMart is very excited about the Migo mobile computing software product and believes that it will change the USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. market place in Japan. We are happy to be working with Migo Software and believe that we can help expand its presence in Japan," said Keita Tada, CEO of MediaMart, Inc. Pricing and Availability The Migo Professional mobile computing software version can be downloaded on the Migo Software Japanese website (www.migosoftware.jp) and supports Microsoft Exchange corporate email servers. The software retails for 6090 JPY JPY In currencies, this is the abbreviation for the Japanese Yen. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. (approximately 52.64 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ). About Migo Software Headquartered in Redwood City, CA, Migo Software, a trade name of PowerHouse Technologies Group, Inc., is a global provider of mobile computing software. With its patent-pending technology, the Company's award-winning Migo(R) mobile computing software increases business and personal computing portability, offering an information management solution for systems running Microsoft(R) Windows and Outlook email. Migo Software's website (www.migosoftware.com) provides additional information on the full line of Migo mobile computing products. For further information on this press release, please contact Hisayoshi (Hisa) Naito at hnaito@migosoftware.com or 650.232.2633. NOTE: Migo is a trademark of PowerHouse Technologies Group, Inc., dba Migo Software. All other company and product names mentioned may be trademarks or registered trademarks of their respective holders and are used for identification purposes only. Under the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, statements in this press release that are not historical facts, including those statements that refer to PowerHouse Technologies' plans, prospects, expectations, strategies, intentions, hopes and beliefs and the expected benefits of the use of PowerHouse's products are forward-looking statements. These forward-looking statements are not historical facts and are only estimates or predictions. Actual results may differ materially from those projected as a result of risks and uncertainties detailed from time to time in the Company's Securities and Exchange Commission filings. These risks include, but are not limited to, risks related to: the effect of global economic conditions in general and conditions in the Company's industry and target markets in particular; shifts in supply and demand; commercialization and technological difficulties; capacity and supply constraints including dependence on flash component suppliers; changes in the Company's and its customers' inventory levels and in inventory valuations; timely product and technology development/upgrades and the ability to manage changes in market conditions as needed as needed prn. See prn order. ; market acceptance of new products and continuing product demand; the impact of competitive products and pricing on the Company's and its customers' products and markets; development, release and sales of new products by strategic suppliers and customers; and development and growth of anticipated markets for the Company's and its customers' products. All forward-looking statements included in this release are based upon information available to the Company as of the date hereof. Any forward-looking statements are based on information available to the company today and the company undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information, or otherwise. Reference to the Company's website above does not constitute incorporation of any of the information thereon into this press release. |
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