Adams Share Discussion Threads

[lqs] 11/4/2007 11:39

is tomorrow the big decision day

[nilip] 11/4/2007 07:57

April 10, 2007
Posted by - TelephonyWorld @ 7:20 pm PST

VOLANTIS AND MOBIXELL ANNOUNCE JOINT MOBILE VIDEO OFFERING, AVAILABLE FOR IMMEDIATE DEPLOYMENT

Seattle, Washington; Palo Alto, CA, April 10, 2007 - Volantis, the world's leading supplier of Intelligent Content Adaptation(tm) solutions for the Mobile Internet, and Mobixell, a leading provider of innovative mobile multimedia solutions, today announced a partnership to deliver a broad variety of multimedia capabilities optimized for every media type, mobile device, and value added service (VAS).


What communication products or services does your business need? (Please check all that apply)


Business Phone Systems
Messaging/Forwarding Systems


The two companies have completed development on a fully integrated mobile video solution that takes advantage of Mobixell's unique multimedia capabilities (supported by its recent acquisition of Adamind), together with Volantis' market-leading content delivery platform.

Leveraging Mobixell's Content Production suite for mobile multimedia production and adaptation, Volantis extends and enhances its content management and delivery capability to include intelligent asset transcoding and real-time streaming adaptation of video and audio of any format. This ensures that the mobile subscriber experience is always optimized for any type of media, regardless of mobile devices, domains and networks.

The new partnership complements Volantis' existing solutions for wireless carriers and content providers. The Volantis Suite of Mobile Content Applications(tm) and supporting Mobile Content Framework(tm) enable the development and distribution of a wide variety of mobile content, including wallpapers, ringtones, audio and video, streaming content, games, and interactive content such as quizzes, polls, and competitions.

Mobixell's Content Production Suite transforms mobile content production from a manual process into an efficient and reliable, high-volume automated process, providing carriers and content providers with tools to validate the Quality of Experience (QoE) for each and every mobile device. At the heart of this Production Suite is a smart, all-in-one, media adaptation engine that reduces the burden of creating device-specific versions of unique content. The Production Suite also offers a wealth of value-added features for content previewing, DRM, branding and advertising.

"We selected Mobixell after a year-long analysis that matched our growing customer requirements for dynamic video content with an exhaustive review of the competitive offerings in the marketplace," said Matthew Harris, Chief Executive Officer of Volantis. "We are confident that together with Mobixell, we can offer a solution today that is unrivaled in the marketplace."

Amir Aharoni, Chief Executive Officer of Mobixell said: With our combined large customer base and technology assets, this partnership between Volantis and Mobixell will enable content providers and operators to offer their subscribers the highest-quality rich media content for every handset and network. This will lead to faster introductions of new multimedia services to help increase multimedia content usage and customer satisfaction."

Volantis' mobile content solutions provide an end-to-end content delivery platform that automates content operations and delivery for storefronts, deck management, 3rd party content integration, personalization, subscriber management, PC web-to-mobile transcoding, and on-device applications. Volantis' platform easily integrates with pricing and charging facilities that allow powerful merchandizing such as subscriptions, loyalty schemes and promotions, and mobile marketing campaigns.

About Mobixell Mobixell Networks provides innovative multimedia technologies and business solutions that facilitate the expansion of mobile operators, content and service providers' mobile multimedia services by enabling content consumption, Peer-2-Peer content sharing, User Generated Content communities, mobile advertising, and more. Mobixell's reliable network-based solutions deliver the highest quality multimedia, raising user satisfaction while helping operators drive traffic growth, safeguard crucial content revenue streams and realize new revenue streams.

Mobixell's solutions are deployed at over 150 mobile operators and content providers including top-tier carriers in five continents. Founded in late 2000, Mobixell is a Delaware company with offices and operations around the world. For more information, visit the company's web site at

About Volantis Volantis (www.volantis.com) is the world's leading supplier of Intelligent Content Adaptation(tm) solutions for the Mobile Internet, providing applications, tools and platforms that solve the complexity of delivering optimized services to any mobile device. Volantis' extensive Mobile Internet experience serving content providers, mobile network operators, and enterprises, along with its standards leadership, enables Volantis to create innovative technology for the Mobile Information Age that is more useful and more useable than the PC Internet of today.

[gobbyash] 10/4/2007 10:07

TWO DAYS TO GO

The Company announces that it is today posting to shareholders a circular
convening an Extraordinary General Meeting (the 'EGM') of the shareholders of
the Company, which will be held at 10 a.m. on 12 April 2007 at the offices of
Corfin Communications, 11th Floor, 78 Cannon Street, London EC4N 6HH.

The EGM will seek the approval of shareholders for the proposed asset sale
announced on 21 February 2007 and the ratification of the appointment of Mr.
Johannes Streng to the Company's board of directors, following his appointment
as a non-executive director on 20 February 2007. Should the proposed asset sale
be approved by shareholders, the Company will be treated as an investing company
under Rule 15 of the AIM Rules, and the EGM will therefore also be seeking
approval for the investment strategy detailed in the circular to shareholders.

[katylied] 04/4/2007 14:01

But they would be optimists indeed, if they thought the great
ADA ripoff, had no more twists left, in its shareholder-value
destruction tail...

[supernumerary] 04/4/2007 10:02

If I was a fund manager owning these shares and I knew I and my other fm mates were going to vote against Resolution 2, I'd know that buying more was a guaranteed way to make money in pretty short order. I expect the price to continue rising, lol.

[nilip] 04/4/2007 09:31

There's only KBC left on the offer now, so could see 27p quite soon.

Don't think it would take much buying to get this one moving higher (circa 30p IMO) pretty quick - especially given the pending EGM.

[2lb] 04/4/2007 09:06

There have been steady sells at 23 or 23.5 every day for a couple of weeks and the MMs are more than happy to take the cash tokens.

Dried up a bit so now they gladly pay 24p, expect a few more half pence rises up to the EGM.

[nilip] 04/4/2007 08:59

Yep, it's looking good :-)

[2lb] 04/4/2007 08:58

EGM approaching.

[nilip] 04/4/2007 08:55

Heads up guys, we're on the move up again ...

2 of the 4 MM's ticked up alread.

L2 = 2 vs 1 now.

[par12] 03/4/2007 21:47

L2 got stronger after that buy; shows its on the edge; MM's not sure WHAT TO DO;

[2lb] 03/4/2007 12:10

Hi Ol

EELenders was out last week - the next script isn't ready yet, there is simply too much material to include!!

[2lb] 03/4/2007 11:28

100k buy

someone has some confidence at least....

[eenmakkie] 01/4/2007 22:14

Financial Services Authority website
on the Emblaze website
on the AIM website
and worse on Google, its all gonne, erased....

I think they will not post the final year end 2006 results before the EGM,...

[supernumerary] 31/3/2007 19:53

The cerise on the gateau: "Your search for 'adamind' returned no results"

Guess where I found that, lol.

[supernumerary] 31/3/2007 15:23

Although Nick assures me you lot don't deserve it, here is the reply from the FSA:

"Thank you for your letter dated 13 March, your comments have been noted. I suggest that view [sic] the Financial Services Authority website on a frequent basis as developments may be posted there accordingly.

I trust this assists you with your enquiry."

Since the letter wasn't an enquiry, and the response doesn't in any case contain an answer, it's of no use to anybody, which is exactly what I have come to expect from the FSA.

[eenmakkie] 30/3/2007 10:11

"Where an existing AIM company has no trading business and is not an investing company it must seek the consent of its shareholders for its investing strategy at its next annual general meeting. Upon becoming an investing company it must, within twelve months, make an acquisition or acquisitions constituting a reverse takeover."


All the money they do not pay back will be lost in a big dilution of shares by a reverse takeover!!!
Do vote against ADA becomming an investing company!

but I think we can't because the investigation and the takeover rules that 550000$ will be cept for 12 months receire to stay money on the accounts after the takeover of the business.

It looks to me it has been set up to trick us in to a reverse takeover after the selling of the business for a lousy 5,5 million$

[eenmakkie] 30/3/2007 10:04

"An investing company should,as a minimum, seek the consent of its shareholders for its investing strategy on an annual basis."

So after the EGM they do NOT have to ask permission of shareholders every time they want to buy something with the money on the bank account.

"Where it is proposed to announce at any meeting of shareholders information which might lead to substantial movement in the price of those securuties, arrangements must be made for notification of that information so that the disclosure at the meeting is made no earlier than the time at which the information is notified."

[eenmakkie] 30/3/2007 09:48

Looks to me they gonna withhold the info till after the EGM, if they do not publish the final year results tonight.

[eenmakkie] 30/3/2007 09:47

Half-yearly reports
An AIM company must prepare a half- yearly report in respect of the six months period from the end of the financial period for which financial information has been disclosed in its admission documents and at least every subsequent six months thereafther (apart from the final period of six months preceding its accounting reference date for its annual audited accounts)
All such reports must be notified wwithout delay and in any event not later than three months after the end of the relevent period.

Annual accounts
An AIM company must publish annual audited accounts which must be sent to its shareholders without delay and in any event not later than six months after the end of the financial year to which they relate.

[par12] 29/3/2007 19:12

Perfect cash shell for another BLZ spin off to reverse into; Its perfect;

Look at QFI as an example;

[supernumerary] 29/3/2007 16:13

nickcduk - that's very kind of you. We do our best but don't always manage to live up to the high standards you set for us...

However can I clarify one thing? When you say 'the plan is', what assumptions are being made about the voting? What you describe is essentially the content of Resolution 1. Resolution 2 (relevant text at the end of this post) goes on to request approval of an investment strategy effectively giving the board carte blanche to look for other investments.

From the way you describe it, the company is expecting R2 to be passed, but saying that they will anyway, despite the obvious temptations, press on at full speed to return the funds to shareholders. I don't believe in the tooth fairy and I don't trust the board with this money, hence will be voting against R2.

I don't want them to be left with any option whatsoever but to return every penny to shareholders. I understood that that was also the view of the fund managers involved. Based on your discussions, is that also your understanding? What are your voting intentions, if you don't mind me asking?

Resolution 2
While the Directors intend to seek ways to cause a distribution to the Company's shareholders of the Company's assets promptly after consummation of the Transaction, should the Company be presented with acquisition and/or investment opportunities which the Directors believe are in the best interests of the shareholders, the Company will convene another general meeting of shareholders to consider such acquisition and/or investment opportunities. With respect to acquisition opportunities, the Directors believe that the Company may be attractive to investors who may want to transfer certain existing operations into the Company and continue to operate the Company as an AIM-listed company. As to investment opportunities, given the experience of the Directors, the Company may explore opportunities to make investments in sectors relating to information technology and services, over a wide geographical area. Target companies are likely to be located is Europe, Asia, the Americas and Israel. Investments may be made in a single business or spread over several entities.

[2lb] 29/3/2007 10:22

nivk - I have been more than a little vocal both with their financial PR company and with ADA themselves, I think you will find that many others have also been very vocal but do not publish al the details.