Mobile Streams signs agreement with Electroneum

RNS Number : 4718R

Mobile Streams plc

15 June 2018

 

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

Mobile Streams signs agreement with Electroneum to promote the use of ETN cryptocurrency, on their Mobilegaming service

Mobile Streams, the emerging markets focused mobile media company, today announces a partnership with Electroneum, a new cryptocurrency, made just for mobile, making it easy for users to trade and earn digital money.

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 excited to be partnering with Electroneum to cooperate on the promotion of the ETN cryptocurrency. We are very impressed with the product, especially the mobile mining aspect of acquiring coins, and firmly believe it will have a positive impact on customers in our distribution markets".

Taylor Gorman of Electroneum said: "We are looking forward to the partnership with Mobile Streams, promoting the installation and use of our cryptocurrency within their platforms, adding to the 1.6 million current confirmed users we already have. Mobile Streams is a company with a wealth of experience and expertise in the mobile industry around the world and has a subscriber base of over 750,000 in Latin America that will enjoy the benefits of our mobile miner".

Enquiries:

Mobile Streams plc		[phone]
Simon Buckingham, Chief Executive Officer
Nplus1 Singer Advisory LLP (Nominated Adviser and Broker)		[phone]
Mark Taylor

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 Electroneum

Electroneum has coined the phrase 'enablement currency' as it is going to enable a new 3 trillion dollar market by allowing over 350 million smartphone users in the developing world to enter the digital market for the first time.

 

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