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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Hipcricket | LSE:HIP | London | Ordinary Share | COM STK USD0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.605 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:0285S HipCricket, Inc. 10 April 2008 HipCricket Inc. ("HipCricket" or the "Company", AIM: HIP) HipCricket Launches First-Ever Comprehensive Hispanic Mobile Marketing Network Initiative Brings Together Broadcasters and Brands To Create Targeted Marketing and Advertising Marketplace of Active Mobile Technology Users; Major Broadcasters Bustos, Lotus Communications and Davidson Media Group are Among First Customers HipCricket, the pioneering mobile marketing company, today launched the first-ever comprehensive Hispanic mobile marketing network. The network comprises a family of Hispanic media outlets that can be leveraged by brand marketers. This will deliver highly targeted and interactive mobile marketing programs directly to the handsets of opted-in, engaged mobile users who are part of the $860 billion U.S. Hispanic consumer market. HipCricket, cited by CTIA, the International Association for the Wireless Telecommunications Industry, and others for its innovation and ability to drive broadcast revenue and consumer engagement, also announced that major Hispanic media companies Bustos Media, Lotus Communications and Davidson Media Group are among the first to join the network. These companies and others collectively represent more than 50 radio and television stations, nearly one million listeners and viewers, 24 overall markets and reach into seven of the top 15 Hispanic markets. Brand marketers will be able to tap into and customise a media plan of Hispanic stations in the network and their audiences with a single buy. They will be able to choose the markets, stations and the demographics to develop a sophisticated media buy that pinpoints their target audience. Ivan Braiker, chief executive officer of HipCricket commented, "The Hispanic market represents an unprecedented opportunity for broadcasters and brands because of its large and growing population, enormous purchasing power and great consumer loyalty. Hispanics are also among the earliest and fastest adopters of mobile technology, so the ultimate way to meaningfully engage with this community is through mobile marketing. The Hispanic Mobile Marketing Network gives brands and broadcasters a premier solution that facilitates real-time, measureable, one-to-one relationships with Hispanic customers." Amador Bustos, president and chief executive officer, Bustos Media, a Spanish-language broadcasting company that owns and operates radio and TV stations in high-growth markets throughout the United States said: "Joining HipCricket's Hispanic Mobile Marketing Network was an easy decision because of the company's proven track record-they have executed more than 17,000 mobile campaigns that have delivered dramatic, measurable improvements in revenue generation, listener engagement, audience growth and advertiser ROI." Peter Davidson, President/Founder of Davidson Media Group said: "Mobile marketing solutions from HipCricket will help us to connect with our audience in ways we never thought possible, The company offers a flexible, easy to use platform for delivering customized messages to Hispanic audiences. This capability will allow us to successfully increase our loyal following while maximizing the promotion of our shows, talent and events. By becoming an inaugural member of their Hispanic Mobile Marketing Network, we expect to see even more added value for us and our advertisers." Braiker added, "As the company's focus will be on accelerating the impact of this development, additional capital will be invested in building this exciting business opportunity. Once the implementation of this program is completed, the network will inevitably contribute significantly to HipCricket's revenue streams going forward." HipCricket now has approximately 250 stations signed up to their selection of offerings. For further information, please contact: HipCricket, Inc. Jeff Hasen + 1 425 202-0835 Collins Stewart Europe Limited Tim Mickley +44 (0)20 7523 8000 John Peat Parkgreen Communications Justine Howarth +44 (0)20 7851 7480 Bex Sanders-Hewett NOTES TO EDITORS: About the Hispanic demographic One of the most rapidly growing demographics, Hispanics are heavy users of mobile technology and text messaging. In a recent Mobile Marketing Association study, 32 percent of Hispanic consumers indicated that they were moderately or highly receptive to mobile marketing messages and they're already equipped to receive those messages. Seventy-five percent of all U.S. Hispanic households have multiple mobile phones and use them more than any other form of personal or handheld technologies on the market today - and more than half regularly use text messaging. Important for broadcasters and marketers seeking to reach this demographic is the number of Hispanics responding to text message advertisements, which has increased by 20 percent in the past year. Overall, the rate of text message usage is growing dramatically among Hispanics, increasing by 39 percent in the last 12 months, according to a recent M:Metrics study. About the Network As with all HipCricket programs, the Hispanic Mobile Marketing Network is entirely permission-based so Hispanic consumers only receive the text messages, alerts, and other mobile interactions they request. Additionally, all mobile messages are customized based on the consumer's preferences and needs, helping broadcasters and brands maximize their reach to Hispanic consumers. About Bustos Bustos Media is a Spanish-language radio and TV company which owns and operates radio stations and TV in the mid-size, but high growth, markets throughout the United States. Bustos also produces syndicated network formats, targeting U.S. Hispanics which are now being carried by dozens of affiliated radio operators across the nation. About Lotus Lotus Communications Corp. is one of the largest privately owned Radio Station Groups in the United States. The corporation owns and operates radio stations in Arizona, California, Nevada, and Texas. About Davidson Media Davidson Media Group (DMG) Davidson Media Group (DMG) is one of the largest multicultural radio groups in America today. Since 2004, Davidson Media Group has been addressing the needs of the underserved Hispanic and Inspirational media markets with innovative, grassroots programming and growth opportunities for advertisers and communities alike. About HipCricket HipCricket is a mobile marketing software and services company that specializes in producing interactive mobile marketing campaigns that generate new revenue for radio, television, brand and agency clients. The company drives revenue and increases listenership, viewership and loyalty by tapping into the behaviors and interests of more than 136 million Americans. HipCricket's unique technology creates one-to-one relationships between participants and advertisers, based on the trust of an opt-in only program. Since its launch in 2004, HipCricket has delivered outstanding results for the biggest brands and broadcast groups in the U.S., including: Clear Channel Radio, Premiere Radio Networks, Cumulus Radio, Triad Broadcasting Company, Perry Broadcasting Inc., Press Communications, Sandusky Broadcasting, Katz Media Group, Beasley Communications, Bonneville International, Cox Radio, Media General, NBC, Coca-Cola, Staples, and Hershey's. For more information, please visit www.hipcricket.com. This information is provided by RNS The company news service from the London Stock Exchange END MSCBRGDSSUGGGIC
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