IRVINE, CA and AUCKLAND, NEW ZEALAND--(Marketwire - October 18, 2007) - AskMeNow Inc., a leader in intelligent mobile search solutions, and Ask Frank Limited, an Australasian-based mobile infotainment service provider, today announce the signing of a supply agreement and partnership that will leverage AskMeNow's Intelligent Research & Call Center environment to provide optimized answers to questions generated by Ask Frank customers via mobile phones in Australia & New Zealand.
The agreement marks the first time AskMeNow has made its full answer service available to a third party under a private label agreement. The agreement allows Ask Frank customers to leverage AskMeNow's mobile phone Q&A service outside of North America with fees being charged through the local carriers as a premium SMS service.
In exchange for answering questions generated by consumers in Australia and New Zealand, AskMeNow will receive a fee per question in addition to set-up fees and a minimum monthly fee. The supply agreement is exclusive in the region and will last for a minimum of two years.
"Ask Frank is very excited about the signing of this agreement and ongoing partnership with AskMeNow," said Jonny Reid, Ask Frank's VP Marketing. "We see the potential scope of our relationship reaching far beyond our core business model and look forward to significant mutual success."
Ask Frank customers will be able to ask any question, on any topic, from their mobile phone and receive relevant quick answers. Ask Frank customers will get answers to natural language questions for some of the most popular local content including (but not limited to) Directory Assistance, Weather, Sports, Directions, Movie Theatres & Locations, News, Horoscopes, Stock Quotes, Flight & Hotel Information and new daily features including Words, Jokes, Quotes and even Trivia.
"Ask Frank's choice in selecting AskMeNow's overseas Research & Call Center to power their mobile Q&A service abroad is continued validation that we have created a powerful and unmatched answer service," says Walter Kostiak, AskMeNow VP of Global Business Development. "We anticipate this opportunity will translate into other business in other countries."
AskMeNow offers an easy, convenient way to access information and content on your cell phone. A pioneering mobile lifestyle network, AskMeNow utilizes its proprietary technology and services to offer a natural language-based interaction and dynamic content provision platform designed for simple and quick information retrieval.
For information on this solution for your business, contact distributors@askmenow.com.
About AskMeNow:
AskMeNow Inc. (OTCBB: AKMN.OB) is an Irvine, Ca based public corporation specializing in mobile and desktop search and content delivery. AskMeNow's solutions for publishers, advertisers and individuals provide single relevant answers through the most sophisticated semantic search. AskMeNow is the owner of and creator of askwiki.com, a natural language search engine created to provide individuals improved search of the Wikipedia.org knowledgebase. AskMeNow’s mobile search solution is available using SMS, client applications or the WAP 2.0 site m.askmenow.com. For more information on AskMeNow, please visit askmenow.com.
Forward-Looking Statements:
This press release contains certain statements which are not historical or current fact and constitute forward-looking statements within the meaning of such term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual financial or operating results of the Company or AskMeNow to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Such forward-looking statements are based on our best estimates of future results, performance or achievements, based on current conditions and the most recent results of the Company and AskMeNow. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms may, will, potential, opportunity, belies, belier, expects, intends, estimates, anticipates or plans to be which are uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.
Contact: AskMeNow Media Relations Grant Cohen (P): 949.861.2590 x203 (E): gcohen@askmenow.com http://www.askmenow.com/press.aspx AskMeNow Investor Relations Larry Turel (P): 561.213.1955 (E): lturel@bellsouth.net http://www.askmenow.com/investors.aspx