MIGO COMPLETES ACQUISITION OF MACROPORT, INC.
Acquisition Accelerates Migo's Advance into Growing Video, Photo, and Music Applications for Mobile Devices
REDWOOD CITY, CA, June 06, 2007-- Migo Software, Inc. (OTCBB:MIGO), today announced that it has completed its acquisition of MacroPort, Inc., a provider of mobile content management software.
Founded in 2001, MacroPort is at the forefront of simplifying access and usability to sophisticated multimedia, video, music and photo wireless content. Its clients include Microsoft, Palm, Kingston and Shutterfly.
Kent Heyman, Migo Software chairman and chief executive officer, stated, "Combining MacroPort's empowering digital media technology with Migo's robust data mobility software creates a powerful force in the dynamic mobile device content management marketplace. This acquisition is an important step toward the realization of our vision, which is to provide the software `hub' that enables the fast and easy transfer of data, such as emails, files, photos, music and videos, from one storage device to another, whether a USB Drive, hard drive, SD Card, Smart Phone or MP3 player, assuring that data is always synchronized, protected, backed up and fully restorable."
Migo Software, Inc. (OTCBB:MIGO) is a global provider of secure mobile computing software. The Company's award-winning Migo® synchronization and content portability software increases business and personal computing efficiency, allowing users to take their PC content and settings, including email, on a portable storage device, with the ability to completely synchronize this content back onto the original host PC. Migo's line of software utilities span a range of categories including backup, system utility and online security/privacy software and include popular brands, such as PC Backup, Registry Repair and Digital Vault/Portable Vault, and others. Migo has global license agreements with Kingston, Memorex and other OEMs and distribution in over 6,500 retail outlets including Fry's Electronics, Target, CompUSA and Office Depot.
Migo Software's website, found at www.migosoftware.com, provides additional information on the full line of Migo mobile computing products and software utilities.
MacroPort, a private company located in Mountain View, CA, is pioneering the way in which end-users utilize mobile devices. The company is at the forefront of simplifying access and usability to today's most sophisticated wireless content such as multimedia, video and much more. MacroPort is also the first to offer mobile technology software solutions that enables ease of use of advanced mobile features and functions. The company is a trusted partner for carriers, software vendors and device manufacturers that are seeking to drive revenue by offering their customers easy access to mobile content. MacroPort's solutions provide a foundation for increased customer loyalty, an enhanced end user experience and increased revenue streams.
NOTE: Migo® is a registered trademark of Migo Software, Inc. PhotoPlay, Mobile Billboard and Video Auto Scaler are trademarks of MacroPort, Inc. All other company and product names mentioned may be trademarks or registered trademarks of their respective holders and are used for identification purposes only.
Forward Looking Statements:
Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, statements in this press release that are not historical facts, including those statements that refer to distribution arrangements, the desirability and market acceptability of our product offerings and other plans, prospects, expectations, strategies, intentions, hopes and beliefs, are forward-looking statements. These forward-looking statements are not historical facts and are only estimates or predictions. Actual results may differ materially from those projected as a result of risks and uncertainties detailed from time to time in Migo Software's Securities and Exchange Commission filings. Any forward-looking statements are based on information available to Migo Software today and Migo Software does not undertake any obligation to update any of the forward-looking statements after the date of this press release. Reference to Migo Software's website above does not constitute incorporation of any of the information thereon into this press release.
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