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GLMB.. $`0.12 Upgrades Services.. Global MobileT

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Post# of 36168
Posted On: 03/07/2013 9:07:06 AM
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Posted By: junewong

GLMB.. $`0.12 Upgrades Services.. Global MobileTech Begins Stress Tests for Its Cliq2Talk Multimedia Communication Tool...

When Launched, Cliq2Talk Will be Available Free to Internet Users Globally

SPOKANE, Wash., Feb. 26, 2013 (GLOBE NEWSWIRE) -- Global MobileTech, Inc. (OTCBB:GLMB), a leading Web and mobile communications service provider in Asia, today announced the launch of the first of two stress tests for its multimedia communications portal, http://cliq2talk.com .

Cliq2Talk is Global MobileTech's WebRTC enabled solution for real-time multimedia communication. The pioneering Internet-based interactive solution has combined all the ways a user would want to engage with family, friends, play online games or shopping in a single application.

The first stress test involving selected participants from Global MobileTech's mobile VoIP users will run from February 26 to March 15, 2013 to ascertain Cliq2Talk's usability. The second test with the participation of mobile VoIP users from Global MobileTech's private label partners will be conducted from March 15 to March 31, 2013 to determine how well the servers will cope on being swarmed with heavy traffic.

Available initially for desktop users, Cliq2Talk brings together the most advance multimedia features that include the ability to:

record video calls and send the recorded video to the receiver with preset view time and auto deletion functions,
connect with friends from Facebook and Twitter,
screen share when presenting Powerpoint slides,
capture screen shots and text chat in real-time as video calls are underway,
play online multimedia games with friends; and
shop at e-commerce sites of Cliq2Talk's partners.
"The stress tests are important milestones for us as we enter the final stages in the commercial launch of Cliq2Talk," said Aris Bernawi, Chairman and CEO of Global MobileTech. "Our goal is to create the best multimedia communication experience to our users and building on everything we have learned from the licensing of our current mobile VoIP applications."

"Our desktop Cliq2Talk is a precursor to the release of iOS and Android versions for mobile devices during Q4, 2013," continued Bernawi, "We are expecting Cliq2Talk to be a game changer for Global MobileTech that will elevate the Company from a regional to a global player in the multimedia communication industry."

Cliq2Talk will be localized and the commercial version will be launched in multiple languages. The commercial launch and region-specific details such as supported languages will be announced at a later date. Cliq2Talk will be made available at no cost to millions of Internet users globally.
Quote:


Financial highlights for Q2, 2013 compared to Q2, 2012 include the following:

Revenue: $4.50M vs $4.38M ($0.12M or 3% increase)

Gross profit: $1.36M vs $1.29M ($0.07M or 6% increase)

Gross profit margin: 30.0% vs 29.4% (80 basis point increase)

Operating income: $412,000 vs $427,000 ($15,000 or 3.6% decrease)

Net income: $381,000 vs $375,000 ($6,000 or 1.5% increase)

Diluted EPS: $0.05/share vs $0.07/share ($0.02 decrease)

Diluted weighted average number of common shares outstanding: 7,688,803 vs 5,042,586 (52.5% increase)






ABOUT GLOBAL MOBILETECH, INC.

Global MobileTech provides a proprietary technology platform used to deliver mobile communication services and mobile advertising to users participating in a rewards program. The rewards program allows users to earn rewards points that may be used for free long distance and international calls and other incentives in return for their participation in the program. Global MobileTech provides its patented technology to channel and private label partners and operates the MobiCAST and MobiREWARDS programs. Its principal user base is located in Malaysia and Hong Kong. In addition, Global MobileTech operates an alternative energy segment providing biomass energy consulting services in South East Asia.

CONTACT: FOR MORE INFORMATION contact

Valerie Looi (509) 723-1312
valerie.looi@globalmobiletech.com
==================================================

GLMB.. $0.14 Global MobileTech Announces Second Quarter Fiscal 2013 Financial Results...

SPOKANE, Wash., Feb. 6, 2013 (GLOBE NEWSWIRE) -- Global MobileTech, Inc. (OTCBB:GLMB), a leading mobile communications service and content provider in Asia, today announced its results for the second quarter fiscal 2013.

Financial highlights for Q2, 2013 compared to Q2, 2012 include the following:

Revenue: $4.50M vs $4.38M ($0.12M or 3% increase)

Gross profit: $1.36M vs $1.29M ($0.07M or 6% increase)

Gross profit margin: 30.0% vs 29.4% (80 basis point increase)

Operating income: $412,000 vs $427,000 ($15,000 or 3.6% decrease)

Net income: $381,000 vs $375,000 ($6,000 or 1.5% increase)

Diluted EPS: $0.05/share vs $0.07/share ($0.02 decrease)

Diluted weighted average number of common shares outstanding: 7,688,803 vs 5,042,586 (52.5% increase)

"We had a great second quarter across our company, with the mobile VoIP communications and advertising segment accelerating our revenue and income," said Mohd Aris Bernawi, the Company's Chairman and Chief Executive Officer.

"Mobile and e-commerce continues to be a game changer for us. We are consistently demonstrating our capabilities to help our customers to compete in a rapidly evolving, e-commerce environment with our second generation mobile communication technology." Bernawi continued, "Looking ahead into the third quarter, our goal is to grow at faster than market growth rates while making selective investments in e-commerce and human resource development."

ABOUT GLOBAL MOBILETECH, INC.

Global MobileTech provides a proprietary technology platform used to deliver mobile communication services and mobile advertising to users participating in a rewards program. The rewards program allows users to earn rewards points that may be used for free long distance and international calls and other incentives in return for their participation in the program. Global MobileTech provides its patented technology to channel and private label partners and operates the MobiCAST and MobiREWARDS programs. Its principal user base is located in Malaysia and Hong Kong. In addition, Global MobileTech operates an alternative energy segment providing biomass energy consulting services in South East Asia.

CONTACT: Valerie Looi (509) 723-1312
valerie.looi@globalmobiletech.com
Source: Global MobileTech, Inc.




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