Agreement with Aptoide

RNS Number : 6545M

Mobile Streams plc

01 May 2018

 

Mobile Streams plc ("Mobile Streams" or the "Company") (AIM: MOS)

Mobile Streams signs early adoption agreement with Aptoide to integrate the AppCoins Protocol, a cryptocurrency for app stores into their Mobilegaming service

Mobile Streams, the emerging markets focused mobile media company, today announces a partnership with Aptoide, an alternative marketplace for Android applications.

Mobile Streams, a global retailer of mobile content since 1999, which launched its Mobilegaming stores in Latin America and India with direct carrier billing is exploring the possibility of utilising the blockchain protocol to deliver its users a trusted environment with new purchasing possibilities and to provide game developers a transparent and efficient way to monetise their content.

Simon Buckingham, CEO of Mobile Streams said: "We are delighted to be partnering with Aptoide to cooperate with each other for the development and dissemination of the AppCoins cryptocurrency Protocol. We are very impressed with the product and strongly believe it will have a positive impact on our customers, especially in India and Argentina."

Carolina Marcalo of Aptoide said: "We are looking forward to working closely with Mobile Streams in 2018 adopting AppCoins cryptocurrency as a payment method while taking  advantage of the benefits of blockchain technology. Mobile Streams is a company with a wealth of experience and expertise in the mobile industry around the world and has a compelling catalogue of content that will resonate with our growing subscriber base."

For further enquiries:

Mobile Streams plc	[phone]
Simon Buckingham, Chief Executive Officer Enrique Benasso, Chief Financial Officer
Nplus1 Singer Advisory LLP (Nominated Adviser and Broker)	[phone]
Alex Price

Notes to Editors

About Mobile Streams

Mobile Streams is a public limited company, listed on the AIM exchange (MOS). Founded in 1999, it specialises in licensing, retailing and distributing mobile content globally.

About Aptoide

Founded in 2011, Aptoide is the first decentralised and social Android App Store. With nearly 200 million users, 5 billion downloads and 1 million apps. Aptoide launched AppCoins, a cryptocurrency open protocol, at the end of 2017.

 

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