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MiMedia Provides Corporate Update for 2025 - Mass Rollout of MiMedia's Powerful Cloud Platform Fuels High Margin, Recurring Revenue Model
MiMedia Provides Corporate Update for 2025 - Mass Rollout of MiMedia's Powerful Cloud Platform Fu...
About this update from Mimedia Holdings Inc
[{"type":"text","content":"\n\n\n\n MiMedia Provides Corporate Update for 2025 - Mass Rollout of MiMedia's Powerful Cloud Platform Fuels High Margin, Recurring Revenue Model\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 Feb. 4, 2025\n \n\n /CNW/ -\n \n MiMedia Holdings Ltd.\n \n (TSXV: MIM) (OTCQB: MIMDF) (FSE: KH3) (\"\n \n MiMedia\n \n \",\n \n \"Company\"\n \n ) is pleased to provide a business corporate update to the investing public.  With recent developments and the first stop for our road show now scheduled for\n \n Toronto\n \n from\n \n Feb 11\n \n\n th\n \n -14\n \n th\n \n , we are set to make 2025 an important year for the Company.\n \n\n\n\n\n\n\n\n\n\n Chris Giordano\n \n , MiMedia's CEO, stated: \"2025 will be an exciting year for MiMedia.  Deployment of MiMedia integrated smartphones with our partners is on schedule, making MiMedia the default media gallery application on millions of phones right out of the box.  As these smartphones currently sell through our partner networks and into consumers' hands, we are quickly seeing users come online and \"light-up\" our revenue dashboard.\"\n \n\n Mr. Giordano continued, \"The MiMedia platform initially creates two high-margin revenue streams, namely the delivery of digital advertisements and cloud storage subscription revenues.  Advertising and cloud storage are both recurring revenue streams.  As more smartphones roll-out with MiMedia embedded as the default media gallery, the Company creates a constantly growing, predictable and high-margin revenue stream.  Our mobile advertising revenue platform is uniquely built directly into all our applications, including smartphone, tablet, desktop and web apps.  The cloud storage subscription revenue derives from our ability to securely store and protect our clients' priceless memories (photos and videos etc) and enable that content to be accessible or available to consumers on any device, across all operating systems, at any time.  We believe MiMedia's superior user experience and important co...