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MiMedia Announces Signed Global Distribution Agreement with Schok Wireless

MiMedia Announces Signed Global Distribution Agreement with Schok Wireless Canada NewsW...

articleMimedia Holdings IncJune 20, 20245/company/mimedia-holdings-inc/news/mimedia-announces-signed-global-distribution-agreement-with-schok-wireless
MiMedia Announces Signed Global Distribution Agreement with Schok Wireless

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[{"type":"text","content":"\n\n \n \n \n MiMedia Announces Signed Global Distribution Agreement with Schok Wireless\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n NEW YORK\n \n \n ,\n \n \n June 20, 2024\n \n \n /CNW/ -\n \n MiMedia Holdings Ltd.\n \n (TSXV: MIM) (\"\n \n MiMedia\n \n \",\n \n \"Company\"\n \n ) is pleased to announce a signed global Distribution Agreement (the \"\n \n Agreement\n \n \") with Schok, LLC (\"\n \n Schok\n \n \").\n \n \n \n \n \n \n \n \n \n Founded in 2018 and headquartered in\n \n Frisco, Texas\n \n , Schok is a pioneer in the smartphone industry with a mission to redefine the market for entry-level smartphones.  Schok aims to bridge the gap between affordability and functionality with smartphones that feature cutting-edge technology typically reserved for higher-priced devices but now accessible to a broader audience.  Their smartphones are designed to offer exceptional quality, modern design, state-of-the-art software and robust performance capabilities at competitive prices, providing consumers with high-quality alternatives to the more costly options currently available.\n \n \n MiMedia is a next generation consumer cloud platform that partners with smartphone makers and telecom carriers globally to provide their consumers with a unique personal cloud experience that enables all types of personal media to be secured in the cloud, accessed seamlessly, across all devices and operating systems and at any time.\n \n \n As part of the multi-year Agreement, MiMedia will integrate its platform directly onto 5 million mobile devices over the next 24 months, including smartphones and tablets.  MiMedia's consumer cloud platform will provide Shock with a churn-reducing product, deliver immediate market differentiation and enable multiple high-margin and recurring revenue streams.\n \n \n \"Shock is excited to partner with MiMedia and deliver its unique, best-in-class consumer cloud value proposition to our consumers.  MiMedia fits right into our strategy of providing exceptional software, important and ...

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