ROK Acquires Mobile Applications Developer Geniem.LONDON & TAMPERE, Finland -- ROK Entertainment Group (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ROKE), the global mobile entertainment company, today announced it had acquired a 51% controlling interest controlling interest The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail in Geniem, a leading Finnish mobile and web applications development company. Geniem pioneered On-Device Portals (ODP ODP - Open Distributed Processing ) in 2003 and offer rich mobile marketing via these ODPs, Bluetooth marketing solutions and white label social networking See social networking site. social networking - social network applications for Media, Brands and Carriers. Currently their services are being used by household names History Formation (1998-2000) Household Names have been together since 1998, with various members rotating throughout the line-up with singer, Jason Garcia, until it was solidified in the summer of 2000 with bassist/keyboardist, Chris Peters, and drummer, C. J. including Nokia, Volvo, ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. , Pepsi, SonyBMG, Australian Broadcast Corporation, Mondadori France, Digital MultiChoice, Rotana, Samsung, Sanoma Belgium, Santander Bank and SonyEricsson. "This acquisition marks another milestone in the development of ROK" said Laurence Alexander, Group 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 ROK "as it augments our existing mobile products portfolio by placing us in the forefront of on device portals, Bluetooth technologies and social media via mobile and web applications. With over 15 million mobile phone installations globally, Geniem's technology is ideally positioned to power the new generation of enhanced mobile media services." "I see major opportunities in partnering with ROK to roll-out our exciting products for ROK's existing customer base. Especially with the introduction of the new white label mobile social networking product targeted mainly for network carriers," said Tuomas Kumpula, CEO of Geniem. About ROK (www.rokent.com) ROK Entertainment Group, formed in 2003, is a world-leading mobile technology and applications developer. With 200 staff worldwide, ROK has filed more than 40 international patents for its suite of innovative mobile technologies. With 3 billion mobile handsets in use worldwide, the mobile TV industry is forecast to become a multi-billion dollar business within a few years. ROK TV enables the streaming of live and on-demand TV to mobile phones over mass-market 2.5G, as well as over 3G and Wi-Fi. About Geniem (www.geniem.com) Geniem focuses on branded Mobile and Web applications for Media, Brands and Carriers to increase customer affinity and brand recognition and have over 15,000,000 ODP mobile phone installations and customers such as Volvo, Mondadori, ABC, Pepsi, Samsung, Nokia, SonyEricsson, SonyBMG, Rotana Music, Multichoice and Santander. Geniem develop and operate rich mobile and web applications for mobile media, mobile marketing and social media as turnkey services. Geniem was founded in 2000, and has international partners covering Europe, Africa, Middle East and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . Forward-Looking Statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. The information contained in this new release, other than historical information, consists of forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those described in these statements. Forward-looking statements regarding the timing of developing, testing and releasing existing and new products, of marketing and selling them, of deriving revenues and profits from them, as well as the effects of those revenues and profits on the company's margins and financial position, are uncertain because many of the factors affecting the timing of those items are beyond the company's control. |
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