Emblaze Group Acquires Majority Interest in Israeli Mobile Technology Startup, Smart Content.RA'ANANA, Israel -- Emblaze em·blaze 1 tr.v. em·blazed, em·blaz·ing, em·blaz·es 1. To set on fire. 2. To cause to glow; light up. Ltd (Emblaze or "the Group") (LSE LSE - Language Sensitive Editor :BLZ BLZ Bankleitzahl (German bank code) BLZ Belize (ISO Country code) BLZ Bladzijde (Dutch: page) BLZ Bayerische Landeszentrale für Politische Bildungsarbeit ), the next generation telecom vendor group, announces that it has entered into an agreement to acquire majority interest in Israeli based software technology company, Smart Content, developer of highly advanced technology for Content-Push over wireless and IP networks to mobile devices and personal computers. Impact on cash from Group reserves is negligible. The Internet represents the wealth of human knowledge accumulated over the decades and constantly growing. It becomes increasingly difficult to sort out and receive relevant information by users worldwide and it is especially difficult in the mobile environment. Emblaze believes that a significant part of the solution will be formalized for·mal·ize tr.v. for·mal·ized, for·mal·iz·ing, for·mal·iz·es 1. To give a definite form or shape to. 2. a. To make formal. b. in a manner of personalized push of user specific content. Push technology was regarded as the industry "Holy Grail" before the tech boom but was never implemented in a manner that created mass adoption. Smart Content's technology is considered to be the "missing link" that will allow users to receive real-time personalized content directly on their devices personal computers. Their current FreeMate technology automatically collects information from the web, routes, and "pushes" a variety of digital content pre-defined as relevant by any mobile or PC user. Such technologies are essential as content and vital information are converging into everyday lives and devices as users demand relevant content to be present and directly available to them at all times without thinking or doing anything in order to actually get it. The trend is towards receiving quick updates, accurate information and personalized content at work, at home and on the move. Emblaze intends to drive the FreeMate technology roadmap to be adapted into the mobile environment and physically embedded into Emblaze Mobile devices over the coming year which will create a significant advantage of its devices over potential competition and will create a new class of terminals that address the mobile needs beyond a regular voice call. The company will become an integral part of the Emblaze group and its name will be changed to Emblaze Smart Content. Besides the embedding of the Smart Content engines into Emblaze Mobile devices, Smart Content already produces a free client using the previous generation technology which is available to the general public for download and installation over any mobile device. Smart Content is managed and driven by highly experienced and professional ex Israeli Defence Forces team representing many years of research development in information gathering and distribution over complex IP infrastructure systems. Eli Reifman, 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 Emblaze, said: "We have long been looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. an advanced content push technology to be embedded within our devices. I have no doubt that this is the future. The knowledge and skill-sets within this realm of expertise has come to fruition only over the past two years. The team that now joins our group is one of the top in the world with more experience and deep understanding of the push-content challenges than anyone we have met. This technology will become a part of our overall group offering already this year and we expect it to be pivotal in value creation and increase of group revenue and overall performance in the short and medium term." Notes to Editor About The Emblaze Group (Emblaze LTD) Emblaze Ltd is a group of companies sharing a common mission to provide telecom operators with technologies, products and solutions for next generation services: Emblaze Mobile, a new breed in handsets design and manufacturing; Adamind (LSE: ADA Ada, city, United States Ada (ā`ə), city (1990 pop. 15,820), seat of Pontotoc co., S central Okla.; inc. 1904. It is a large cattle market and the center of a rich oil and ranch area. ), a global leader in content adaptation (transcoding) for wireless operators; Visual Defence (LSE: VDI (1) (Video Device Interface) An Intel standard for speeding up full-motion video performance. See DCI. (2) (Virtual Device Interface) An ANSI standard format for creating device drivers. VDI has been incorporated into CGI. ), a provider of wireless and IP video solutions for military and homeland security markets; Emblaze VCON, is a leading provider of wireless video communications technologies and conferencing solutions for operators and enterprise markets over IP networks and Orca Interactive (LSE: ORCA), provider of Interactive Television IPTV (Internet Protocol TV) Also called "TV over IP," IPTV delivers scheduled TV programs and video-on-demand (VOD) via the IP protocol and digital streaming techniques used to watch video on the Internet. middleware for Video On Demand (VOD See video-on-demand. VoD - video on demand ) and broadcast services, aimed at Telecom, cable and xDSL operators. Emblaze Group is traded on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. (LSE: BLZ) since 1996 and has offices in the United States, Canada, United Kingdom, China, Korea and Israel. www.Emblaze.com |
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