ST. AUGUSTINE, Fla.,
Aug. 12, 2014 /PRNewswire/ -- O2
Secure Wireless, Inc. (OTC PINK: OTOW), a developer of domestic and
international hi-speed wireless Internet facilities, Mobile
Internet solutions and the OTOW Network, today announced a revenue
share agreement as part of the relationship with LOOKHU
(www.lookhu.com), an online subscription service that delivers
movies, music, television shows, apps and games.
A report out by Juniper Research has found that by 2017, annual
revenues from only mobile entertainment services will reach almost
$75 billion. This substantial growth
is primarily driven by the emergence of more sophisticated
monetization strategies allied to app-centric mobile devices along
with mobile VoIP subscribers nearing 410 million by 2015.
LOOKHU can presently be used on any Android device, Xbox®, Apple
TV®, Nintendo Wii® or Sony Playstation®. LOOKHU is different from
other content providers because of its exclusive content, available
HD audio platform and ability to offer the same top shows, movies
and music that cable and other services offer -- but at a fraction
of the cost.
LOOKHU intends to launch August
2014 and anticipates over one million users by Q3 2015. The
Companies intend to develop and provide Mobile Content for
distribution producing various revenue streams from multiple
sources for OTOW NETWORK. Mobile operators that do business with
OTOW in the future will be able to select from among a full range
of products offered in order to satisfy mobile subscriber
needs.
OTOW and LOOKHU are committed to developing new, innovative
products for the mobile content markets around-the-world and to
creating new services solving the needs of today's mobile operators
as they evolve, all while providing the best-in-class service that
is to be a hallmark of OTOW capabilities.
Val Kazia, CEO of O2 Secure
Wireless Inc., stated, "Our alliance with LOOKHU adds a new revenue
source for the OTOW NETWORK markets in Haiti, Dominican
Republic, Costa Rica and
Mexico. LOOKHU's creation of new
mobile content in the future together with OTOW may provide a real
alternative sought by mobile subscribers in Haiti, Dominican
Republic, Costa Rica and
Mexico. We believe the alliance
with LOOKHU will drive our vision of delivering comprehensive
solutions to the mobile community and the next stage of our
Company's development."
About O2 Secure Wireless (http://o2securewireless.com)
O2 Secure Wireless is a Company that is currently developing
numerous wireless tower facilities in the U.S. The Company is also
instrumental in the development of wireless broadband communication
services domestically. Under a merger with Earthcom Service Inc.,
the Company is currently being structured to provide affordable
flat rate pre-paid wireless services in developing countries
internationally.
About LOOKHU, Inc. (www.lookhu.com)
Lookhu's mission is to provide the best entertainment experience
possible by delivering the world's most popular and exclusive
content both live and on-demand. Lookhu is an online video service
that offers a selection of popular and exclusive movies, TV shows,
games and more on a free, ad-supported or paid commercial free
service basis. Instantly stream just about any kind of
entertainment found anywhere. Enjoy the most exclusive behind the
scene videos from some of your favorite musician, personalities and
celebs. Explore a wide array of movies documentaries, music videos
and more. Lookhu is focused on quality and convenience and strives
to create the best possible mobile entertainment experience where
subscribers can access their service through more than 400 million
connected TVs, smartphones, game consoles and set top boxes. Lookhu
gives advertisers an opportunity to associate their brands with
premium online video content and connect with highly engaged
consumers. And, through the Lookhu Direct subscription service,
advertisers can extend their reach to the users of the millions of
Lookhu Direct enabled devices on market today.
Safe Harbor Act: This release may contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E the Securities Exchange Act of
1934, as amended and such forward-looking statements are made
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Litigation Reform Act of 1995. "Forward-looking statements"
describe future expectations, plans, results, or strategies and are
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"planned," "will" or "should," "expected," "anticipates," "draft,"
"eventually" or "projected." You are cautioned that such statements
are subject to a multitude of risks and uncertainties that could
cause future circumstances, events, or results to differ materially
from those projected in the forward-looking statements, including
the risks that actual results may differ materially from those
projected in the forward-looking statements as a result of various
factors, and other risks identified in a company's annual
report.
SOURCE O2 Secure Wireless, Inc.
