Conspiracy Entertainment to Enter the Mobile Download Market.SANTA MONICA, Calif. -- Conspiracy Entertainment (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CPYE CPYE Connecticut Partners for Youth Entrepreneurship CPYE Committee for the Promotion of Youth Exchange Projects (Berlin, Germany) ) announced today their intention to enter the Mobile Download Market. The company is in discussion with potential licensors to provide ringtones, graphics, games and screen savers for mobile devices. "Over the past several years we have developed the expertise and business relationships required to succeed in this market," said Sirus Ahmadi, President and 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. of Conspiracy Entertainment. "We believe that 2005 is the year where all of the critical market factors will come together to make this a high growth opportunity." According to an article published by Piper Jaffrey, Frost and Sullivan estimates that the wireless personalization market (ringtones, graphics, games and screen savers) will reach $1 billion by 2006. This growth can be attributed to the increase in download capable phones and growing consumer adoption. The same article estimates that the number of download capable phones in the U.S. will reach 100 million in 2005. In addition, Consumer adoption of mobile downloads, particularly with young adults, is on the rise. An article, written by Sue Marek of Reed Elsevier, cites a Mobile User survey conducted by the Yankee Group where 41% of mobile phone users between the ages of 18 to 24 and 22% of users between the ages of 14 to 17 downloaded at least one ringtone The audible sound made by a telephone to announce that a call is coming in. The traditional ringtone was in the 440-480 Hz range, but as cellphone usage grew, it became obvious that ringtone differentiation would become important. per month. "The primary demographic for Mobile Downloads matches up well with our customer base," said Keith Tanaka, CFO See Chief Financial Officer. of Conspiracy Entertainment. "By leveraging our core competencies, we are in a solid position to take advantage of this growing market opportunity." About Conspiracy Entertainment Corporation Based in Santa Monica, Calif., Conspiracy Entertainment Corporation is a developer, publisher and marketer of entertainment software in North America and Western Europe. The company develops and licenses properties from several sources, including global entertainment and media companies, and publishes software for DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. media, wireless devices, personal computers and video game consoles This is a list of video game consoles by the era they appeared in. Eras are named based on the dominant console type of the era (even though not all consoles of those eras are of the same type). Some eras are referred to based on how many bits a major console could process. including those manufactured by Nintendo, Sony Computer Entertainment, and Microsoft Corporation. For more information, please visit our website at www.conspiracygames.com. |
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