LAS VEGAS May 21, 2012 Thwapr, Inc. Singapore
Thwapr intends to further develop its patent pending technology with Dalrus to create a new peer to peer mobile video sharing experience, with a focus to integrate Asian cultural behaviour and local brands. The Asian marketplace offers significant opportunity for the dynamic capabilities of Thwapr’s proprietary mobile platform to transcend the unsupported video format problem, and make viewing and sharing mobile video a device agnostic process.
Asia China India Japan South Korea Asia $20.6 billion
Asia Kwek Loong
About Thwapr, Inc.
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This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new products and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in Thwapr’s annual report on Form 10-K for the most recent fiscal year, Thwapr’s quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
SOURCE Thwapr, Inc.