ASI Entertainment Royalties To Increase from New BizjetMobile iPad Mini App
August 21 2013 - 9:00AM
Business Wire
ASI Entertainment, Inc. (OTCQB:ASIQ) has been advised by
ASiQ Limited, the licensee of its SafeCell intellectual property,
that it has announced the release of a new BizjetMobile App for the
Apple iPad Mini. The App is a unique messaging system, designed to
mitigate the high cost of in-flight wi-fi and is currently
operating globally on a Boeing 737-800 fitted with a full Inmarsat
broadband wi-fi platform. Under the terms of the licensing
agreement, ASI Entertainment will receive royalties from the new
App.
The full text of the announcement is available at:
http://www.prweb.com/releases/2013/8/prweb11034066.htm
About the Company
ASI owns the intellectual property called SafeCell. The original
SafeCell concept was developed to allow communications in aircraft
by shutting down the primary cell phone transmitter and connecting
via Bluetooth to a personal electronic devise, to primarily
facilitate data communications. The technology currently focuses on
Apps for Apple® devices.
ASiQ was licensed by the Company in May 2008, to commercialize
the intellectual property, and from this license, the BizjetMobile
system has evolved.
Safe Harbor Disclosure:
This press release includes "forward-looking statements" within
the meaning of the federal securities laws, commonly identified by
such terms as "believes," "looking ahead," "anticipates,"
"estimates," "may," "will," "should," "could," "expect," "intend,"
"project," and other terms with similar meaning. Although the
company believes that the assumptions upon which its
forward-looking statements are based are reasonable, it can give no
assurance that these assumptions will prove to be correct.
Important factors that could cause actual results to differ
materially from the company's projections and expectations are
disclosed in the company's filings with the Securities and Exchange
Commission. All forward-looking statements in this press release
are expressly qualified by such cautionary statements and by
reference to the underlying assumptions.
* Apple, the logo, iPhone and iPad are trademarks of Apple Inc.,
registered in U.S. and other countries.
ASI Entertainment, Inc.Phil Shiels, +61 3 9016
3021phil.shiels@nextwave.biz
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