UMEWF Stock UPDATES Umeworld Ltd. (UMEWF) 0.2200 08/03/2014
Post# of 273249
Posted On: 08/03/2014 4:17:06 PM
Umeworld Ltd. (UMEWF) 0.2200 $UMEWF
China Mobile and UMeWorld Bring UMFun to the World’s Largest K-12 Educational Platform.
Filing Services Canada - Wed Jul 16, 6:37AM CDT
China Mobile and UMeWorld Bring UMFun to the Worlds Largest K-12 Educational Platform. HONG KONG (FSCwire) - UMeWorld Limited (OTCQB: UMEWF) is very pleased to announce that China Mobile will market UMFun to 9 million paid subscribers on its Kindergarten Grade 12 educational platform in the Guangdong Province beginning on Monday, July 21, 2014. This K-12 educational platform services 90% of the schools in the Guangdong Province and is widely used by teachers, parents and schools. China Mobile generated US$90 million in sales from the K-12 educational platform in the Guangdong Province in 2012, and approximately US$112 million from the same province in 2013 and is projected to generate US$132 million in 2014. Established in 2003, China Mobiles K-12 educational platform is the worlds largest subscription-based communication platform used mainly by teachers, parents and schools throughout many provinces in China. Currently, there are over 40 million paid subscribers using this K-12 educational platform on China Mobiles network, which generated over US$800 million in sales, with the majority of sales directly related to various value-added services in 2013. UMFun is a value-added service that will be co-branded with China Mobile under a monthly subscription revenue model along with an initial three month free trial. China Mobile will share UMFun revenue generated by its K-12 educational platform with UMeWorld and all expenses related to distribution and marketing will be borne by China Mobile. Furthermore, a successful launch in the Guangdong Province will accelerate planned expansion to service clients in other provinces, according to China Mobile. Michael Lee, President and CEO commented, It is a privilege to be offered the opportunity of becoming one of China Mobiles few strategic partners. This agreement accelerates our market penetration and will provide a substantial revenue stream to the company in 2015 and beyond. Assuming a 20% conversion rate (as estimated by China Mobile), the company would be expected to generate 2 million paid subscribers in Guangdong Province alone, which translates into US$38.40 million gross sales (before profit sharing with China Mobile) in 2015. Our goal is to capture 10 million paid China Mobile subscribers throughout their system and to generate US$192 million gross sales (before profit sharing with China Mobile) in 2016. We intend on leveraging this China Mobile agreement with other carriers and to expand into other provinces not covered by China Mobile. The K-12 education system in China is the largest in the world, comprising 230 million students. UMeWorld is on track to becoming a leading educational service provider in China. UMeWorld is also committed to becoming Chinas largest provider and repository of e-portfolios for students. About China Mobile China Mobile is the worlds largest mobile service provider by network scale and subscriber base, serving over 767 million customers. China Mobile is listed on both the New York and Hong Kong Stock Exchange and is a constituent stock of the Hang Seng Index in Hong Kong. About UMeWorld UMeWorld's mission is to facilitate the interaction between people -- "You" and "Me," -- through its digital platforms. Existing to date are, UMeLook.com (http://UMeLook.com), an online video platform focused on bringing foreign video content to China and UMFun.com (http://UMFun.com), the only cloud-based, patent-pending, adaptive learning and assessment platform in China that can intelligently analyze and adapt to a students academic performance, along with supplying the delivery of proprietary educational items based on individual learning needs. Forward Looking Statement This release may contain projections and other forward-looking statements that involve risks and uncertainties. Forward-looking statements are projections reflecting management's judgment and assumptions based on currently available information and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. These forward-looking statements can be identified by terminology such as will, expect, anticipate, future, intend, plan, believe, estimate, confident and similar statements. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties that may cause actual results to differ materially from expectations. Future performance cannot be assured. Readers are referred to the documents filed by UMeWorld with the Securities and Exchange Commission (SEC), specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Potential risks and uncertainties include, but are not limited to: whether our revenue guidance for UMFun can be achieved, whether a digital strategy can be achieved and the risks that there are uncertainties and matters beyond the control of management, and other risks outlined in the Companys filings with the U.S. Securities and Exchange Commission. For more information, please contact: Ruby Hui UMeWorld Limited E-mail: info@UMeWorld.com (mailto:info@UMeWorld.com) Telephone: 852-2824-8716 To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...162014.pdf Source: UMeWorld Limited (OTCQB:UMEWF) http://www.umeworld.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
China Mobile and UMeWorld Bring UMFun to the World's Largest K-12 Educational Platform
Business Wire - Wed Jul 16, 6:34AM CDT
UMeWorld Limited (OTCQB: UMEWF) is very pleased to announce that China Mobile will market UMFun to 9 million paid subscribers on its Kindergarten - Grade 12 educational platform in the Guangdong Province beginning on Monday, July 21, 2014. This K-12 educational platform services 90% of the schools in the Guangdong Province and is widely used by teachers, parents and schools. China Mobile generated US$90 million in sales from the K-12 educational platform in the Guangdong Province in 2012, and approximately US$112 million from the same province in 2013 and is projected to generate US$132 million in 2014.
President and CEO of UMeWorld (UMEWF) Discusses Their Online Video Platform in China and Recent SI Partnership with China Mobile (CHL)
PR Newswire - Mon Jun 23, 7:00AM CDT
Investorideas.com, a global news source covering leading sectors including tech issues an exclusive Q&A with Mr. Michael Lee, President and CEO of UMeWorld (OTC: UMEWF)(OTCQB: UMEWF). Mr. Lee discusses the company's emerging online user generated video platform in China and the recent announcement of its partnership with China Mobile Limited (CHL), (HKEx Stock Code: 00941).
UMeWorld to Become China Mobile's Service Integrator
Business Wire - Tue Jun 10, 6:30AM CDT
UMeWorld Limited (OTCQB: UMEWF) is pleased to announce that China Mobile has invited the Company to become a Service Integrator (SI) to its educational platform. Established in 2003, China Mobile's educational platform is a subscription-based communication platform used mainly by teachers, parents and schools. Currently, there are 30 million paid subscribers using this educational platform. Under the SI partnership program, UMeWorld working together with China Mobile will be able to market UMFun to China Mobile's customers.
SeeThruEquity 3rd Annual Microcap Investor Conference To Be Held May 28, 2014
ACCESSWIRE - Thu May 22, 8:11AM CDT
Conference Being Held at Convene Grand Central in Midtown
UMeWorld Announces New Revenue Model for UMFun
Business Wire - Tue Mar 04, 6:30AM CST
UMeWorld Limited (OTCQB: UMEWF) is pleased to announce a new revenue model for UMFun based on three different pricing levels: Freemium, Premium and Super Premium. The new pricing model represents the Company's new marketing initiative which will allow UMFun to be available to 230 million Chinese K-12 students. The three pricing levels are based on feedback from existing users, educational professionals and several potential national distributors.
UMeWorld Launches UMFun to Schools in China
Business Wire - Tue Feb 18, 6:30AM CST
UMeWorld Limited (OTCQB: UMEWF) is very pleased to announce that UMFun will be used exclusively to power 60,000 cloud terminals delivered to schools across the Guangdong Province. The schools in the City of Maoming will immediately receive 6,000 sets. It is anticipated that each cloud terminal will serve between 10-15 students in a typical school.
UMeWorld Releases Major Update to UMFun In Preparation To Enter the Chinese School Market
Business Wire - Mon Feb 10, 6:30AM CST
UMeWorld Limited (OTCQB: UMEWF) today releases a major update to UMFun.com with improvements, new functions and a new look. There is deeper integration with its'+ patent pending item bank which offers the ability to create formative or interim/benchmark assessments to monitor and track student progress towards meeting provincial standards.
UMeWorld CEO & Directors Purchase Shares on Open Market
Business Wire - Mon Feb 03, 6:30AM CST
UMeWorld Limited (OTCQB: UMEWF) an emerging digital media company based in China, announced today that its CEO and two Board Directors, recently purchased 215,000 shares in the Company on the open market, at prices ranging from $0.23 to $0.255.
SeeThruEquity Initiates Research Coverage on UMeWorld Limited with Price Target of $0.67
PR Newswire - Mon Jan 27, 8:00AM CST
SeeThruEquity, a leading New York City based independent and unbiased equity research and corporate access firm focused on smallcap and microcap public companies, today announced that it has initiated coverage on UMeWorld Limited (OTCQB: UMEWF), a digital media company based in China.
China Mobile and UMeWorld Bring UMFun to the World’s Largest K-12 Educational Platform.
Filing Services Canada - Wed Jul 16, 6:37AM CDT
China Mobile and UMeWorld Bring UMFun to the Worlds Largest K-12 Educational Platform. HONG KONG (FSCwire) - UMeWorld Limited (OTCQB: UMEWF) is very pleased to announce that China Mobile will market UMFun to 9 million paid subscribers on its Kindergarten Grade 12 educational platform in the Guangdong Province beginning on Monday, July 21, 2014. This K-12 educational platform services 90% of the schools in the Guangdong Province and is widely used by teachers, parents and schools. China Mobile generated US$90 million in sales from the K-12 educational platform in the Guangdong Province in 2012, and approximately US$112 million from the same province in 2013 and is projected to generate US$132 million in 2014. Established in 2003, China Mobiles K-12 educational platform is the worlds largest subscription-based communication platform used mainly by teachers, parents and schools throughout many provinces in China. Currently, there are over 40 million paid subscribers using this K-12 educational platform on China Mobiles network, which generated over US$800 million in sales, with the majority of sales directly related to various value-added services in 2013. UMFun is a value-added service that will be co-branded with China Mobile under a monthly subscription revenue model along with an initial three month free trial. China Mobile will share UMFun revenue generated by its K-12 educational platform with UMeWorld and all expenses related to distribution and marketing will be borne by China Mobile. Furthermore, a successful launch in the Guangdong Province will accelerate planned expansion to service clients in other provinces, according to China Mobile. Michael Lee, President and CEO commented, It is a privilege to be offered the opportunity of becoming one of China Mobiles few strategic partners. This agreement accelerates our market penetration and will provide a substantial revenue stream to the company in 2015 and beyond. Assuming a 20% conversion rate (as estimated by China Mobile), the company would be expected to generate 2 million paid subscribers in Guangdong Province alone, which translates into US$38.40 million gross sales (before profit sharing with China Mobile) in 2015. Our goal is to capture 10 million paid China Mobile subscribers throughout their system and to generate US$192 million gross sales (before profit sharing with China Mobile) in 2016. We intend on leveraging this China Mobile agreement with other carriers and to expand into other provinces not covered by China Mobile. The K-12 education system in China is the largest in the world, comprising 230 million students. UMeWorld is on track to becoming a leading educational service provider in China. UMeWorld is also committed to becoming Chinas largest provider and repository of e-portfolios for students. About China Mobile China Mobile is the worlds largest mobile service provider by network scale and subscriber base, serving over 767 million customers. China Mobile is listed on both the New York and Hong Kong Stock Exchange and is a constituent stock of the Hang Seng Index in Hong Kong. About UMeWorld UMeWorld's mission is to facilitate the interaction between people -- "You" and "Me," -- through its digital platforms. Existing to date are, UMeLook.com (http://UMeLook.com), an online video platform focused on bringing foreign video content to China and UMFun.com (http://UMFun.com), the only cloud-based, patent-pending, adaptive learning and assessment platform in China that can intelligently analyze and adapt to a students academic performance, along with supplying the delivery of proprietary educational items based on individual learning needs. Forward Looking Statement This release may contain projections and other forward-looking statements that involve risks and uncertainties. Forward-looking statements are projections reflecting management's judgment and assumptions based on currently available information and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. These forward-looking statements can be identified by terminology such as will, expect, anticipate, future, intend, plan, believe, estimate, confident and similar statements. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties that may cause actual results to differ materially from expectations. Future performance cannot be assured. Readers are referred to the documents filed by UMeWorld with the Securities and Exchange Commission (SEC), specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Potential risks and uncertainties include, but are not limited to: whether our revenue guidance for UMFun can be achieved, whether a digital strategy can be achieved and the risks that there are uncertainties and matters beyond the control of management, and other risks outlined in the Companys filings with the U.S. Securities and Exchange Commission. For more information, please contact: Ruby Hui UMeWorld Limited E-mail: info@UMeWorld.com (mailto:info@UMeWorld.com) Telephone: 852-2824-8716 To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...162014.pdf Source: UMeWorld Limited (OTCQB:UMEWF) http://www.umeworld.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
China Mobile and UMeWorld Bring UMFun to the World's Largest K-12 Educational Platform
Business Wire - Wed Jul 16, 6:34AM CDT
UMeWorld Limited (OTCQB: UMEWF) is very pleased to announce that China Mobile will market UMFun to 9 million paid subscribers on its Kindergarten - Grade 12 educational platform in the Guangdong Province beginning on Monday, July 21, 2014. This K-12 educational platform services 90% of the schools in the Guangdong Province and is widely used by teachers, parents and schools. China Mobile generated US$90 million in sales from the K-12 educational platform in the Guangdong Province in 2012, and approximately US$112 million from the same province in 2013 and is projected to generate US$132 million in 2014.
President and CEO of UMeWorld (UMEWF) Discusses Their Online Video Platform in China and Recent SI Partnership with China Mobile (CHL)
PR Newswire - Mon Jun 23, 7:00AM CDT
Investorideas.com, a global news source covering leading sectors including tech issues an exclusive Q&A with Mr. Michael Lee, President and CEO of UMeWorld (OTC: UMEWF)(OTCQB: UMEWF). Mr. Lee discusses the company's emerging online user generated video platform in China and the recent announcement of its partnership with China Mobile Limited (CHL), (HKEx Stock Code: 00941).
UMeWorld to Become China Mobile's Service Integrator
Business Wire - Tue Jun 10, 6:30AM CDT
UMeWorld Limited (OTCQB: UMEWF) is pleased to announce that China Mobile has invited the Company to become a Service Integrator (SI) to its educational platform. Established in 2003, China Mobile's educational platform is a subscription-based communication platform used mainly by teachers, parents and schools. Currently, there are 30 million paid subscribers using this educational platform. Under the SI partnership program, UMeWorld working together with China Mobile will be able to market UMFun to China Mobile's customers.
SeeThruEquity 3rd Annual Microcap Investor Conference To Be Held May 28, 2014
ACCESSWIRE - Thu May 22, 8:11AM CDT
Conference Being Held at Convene Grand Central in Midtown
UMeWorld Announces New Revenue Model for UMFun
Business Wire - Tue Mar 04, 6:30AM CST
UMeWorld Limited (OTCQB: UMEWF) is pleased to announce a new revenue model for UMFun based on three different pricing levels: Freemium, Premium and Super Premium. The new pricing model represents the Company's new marketing initiative which will allow UMFun to be available to 230 million Chinese K-12 students. The three pricing levels are based on feedback from existing users, educational professionals and several potential national distributors.
UMeWorld Launches UMFun to Schools in China
Business Wire - Tue Feb 18, 6:30AM CST
UMeWorld Limited (OTCQB: UMEWF) is very pleased to announce that UMFun will be used exclusively to power 60,000 cloud terminals delivered to schools across the Guangdong Province. The schools in the City of Maoming will immediately receive 6,000 sets. It is anticipated that each cloud terminal will serve between 10-15 students in a typical school.
UMeWorld Releases Major Update to UMFun In Preparation To Enter the Chinese School Market
Business Wire - Mon Feb 10, 6:30AM CST
UMeWorld Limited (OTCQB: UMEWF) today releases a major update to UMFun.com with improvements, new functions and a new look. There is deeper integration with its'+ patent pending item bank which offers the ability to create formative or interim/benchmark assessments to monitor and track student progress towards meeting provincial standards.
UMeWorld CEO & Directors Purchase Shares on Open Market
Business Wire - Mon Feb 03, 6:30AM CST
UMeWorld Limited (OTCQB: UMEWF) an emerging digital media company based in China, announced today that its CEO and two Board Directors, recently purchased 215,000 shares in the Company on the open market, at prices ranging from $0.23 to $0.255.
SeeThruEquity Initiates Research Coverage on UMeWorld Limited with Price Target of $0.67
PR Newswire - Mon Jan 27, 8:00AM CST
SeeThruEquity, a leading New York City based independent and unbiased equity research and corporate access firm focused on smallcap and microcap public companies, today announced that it has initiated coverage on UMeWorld Limited (OTCQB: UMEWF), a digital media company based in China.
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