|By Marketwired .||
|March 6, 2014 07:30 AM EST||
BAAR, SWITZERLAND -- (Marketwired) -- 03/06/14 -- One Horizon Group, Inc. (OTCQB: OHGI) ("One Horizon" or the "Company"), which develops and licenses the world's most bandwidth efficient mobile voice over Internet Protocol ("VoIP") platform for smart phones, today reiterated benefits operators will receive from the Company's VoIP software and services. The Company's comments were in response to the their recent attendance at Mobile World Congress 2014, the largest industry conference in the world for mobile products and services, during which leading telecom operators also addressed developing trends in the carrier space regarding Over-the-Top ("OTT") texting and VoIP apps which divert revenues and customer loyalties away from the carrier itself.
One Horizon Group believes that their software solution will benefit operators in the following ways:
1. Operators will continue to seek turnkey, agile and innovative software from companies like One Horizon to keep them well-positioned in the competitive VoIP market while providing the ability to monetize their subscriber base.
2. Using One Horizon's white label turnkey software, operators can offer optimized VoIP calls using their mobile app instead of one from an OTT provider, thereby attracting new customers, reducing churn, and optimizing the return on invested dollars that carriers have made in their mobile networks.
Brian Collins, founder and CTO of One Horizon stated, "Considering smartphones use 24 times more data than traditional feature phones, demand for data is ever-increasing but monetization of these data services is not currently benefitting the operators. Carriers should not just aim to be a middleman between their subscriber and the OTT App, they should be on that subscriber's handset vying for the minute/message by delivering supported by their brand. Optimized VoIP calls can be made from the operators' smartphone app, thereby servicing their own mobile customer through the delivery of optimized mobile VoIP. The combination of the optimized One Horizon VoIP software connected to an operator's high quality voice and data networks gives rise to customers choosing to make their VoIP calls using a brand that truly means quality. As a result there will be more voice-monetized calls in addition to increased customer usage and following of a carrier's dedicated VoIP app or messaging service. Our software will enable carriers to provide their own mobile app and features thus providing carriers with a more secured customer relationship and new stream of revenue."
About One Horizon Group, Inc.
One Horizon Group, Inc.'s business is to optimize communications over the Internet through its wholly owned subsidiary, Horizon Globex GmbH, Baar, which develops and markets one of the world's most bandwidth-efficient mobile voice over Internet Protocol (VoIP) platforms for smartphones, and also offers a range of other optimized data applications including messaging and mobile advertising. Horizon Globex GmbH is an ISO 9001 and ISO 20000-1 certified company. The Company has operations in Switzerland, the United Kingdom, China, India, Singapore, Hong Kong and Ireland. For more information on the Company, its products and services, please visit http://www.onehorizongroup.com.
Safe Harbor Statement
This news release may contain "forward-looking" statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward looking-statements. Potential risks and uncertainties include such factors as uncertainty of consumer demand for the Company's products, as well as additional risks and uncertainties that are identified and described in Company's SEC reports. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.