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Financials as expcted - no suprise... still boring here:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=38861
Livewire Mobile Announces Financial Results for the Quarter Ended September 30, 2010
Launched Mediadrome™ in September 2010 and Three New Managed Services in July 2010
Press Release Source: Livewire Mobile, Inc. On Thursday November 11, 2010, 7:00 am EST
LITTLETON, Mass.--(BUSINESS WIRE)-- Livewire Mobile, Inc. (Pinksheets:LVWR.pk - News), a world leader in ringback, music and managed personalization services, today announced financial results for the third quarter ended September 30, 2010. The Company previously announced that it launched Mediadrome in September 2010 and three new managed services in July 2010:
Recurring managed service revenues increased 4% from third quarter of 2009
Positive adjusted EBITDA performance during the quarter
Positive cash flow from operations for third consecutive quarter
Cash of $7.3 million as of September 30, 2010
Launched three new managed services in July 2010
Launched new online music service – Mediadrome - in September 2010
Quarter Ended September 30, 2010 Results
Total revenues for the third quarter of 2010 were $3.1 million, compared to $3.0 million for the second quarter of 2010 and $4.9 million for the third quarter in 2009. The decrease from the same period last year was primarily due to $0.5 million of non-recurring managed service revenues during the third quarter of 2009 resulting from commercial changes related to a contract extension with one customer, a $0.7 million decrease in the cap-ex portion of our ringback tone (RBT) business, as well as, an expected decrease of $79,000 in non-core handset royalty revenues. The cap-ex portion of the Company’s business can result in considerable variability in quarterly revenues due to the timing of completion of cap-ex deployments. As previously disclosed, the Company expects handset royalties, which are non-core to its business, to be an immaterial component of total revenues in 2010 and beyond. Excluding the $0.5 million of non-recurring managed service revenues during the third quarter of 2009 described above, recurring managed service revenues increased 4% to $2.4 million, from $2.3 million, for the same period in 2009.
Gross margin was 64% during the quarter ended September 30, 2010, consistent with the second quarter of 2010 and down slightly from 66% during the third quarter of 2009, mainly due to revenue mix and the non-recurring $0.5 million in managed service revenues during the third quarter of 2009. Excluding the effect of non-core handset royalty revenues, and the $0.5 million in non-recurring managed service revenues during the quarter ended September 30, 2009, gross margin improved to 64% during the quarter ended September 30, 2010, from 61% during the quarter ended September 30, 2009, a continued operational improvement.
Loss from continuing operations for the third quarter of 2010 was $(0.2) million, or $(0.04) per share, compared to $(0.4) million, or $(0.09) per share for the second quarter of 2010, and compared to income from continuing operations of $0.5 million, or $0.10 per share, for the third quarter of 2009.
Net loss for the third quarter of 2010 was $(0.3) million, or $(0.06) per share, compared to $(0.6) million, or $(0.12) per share for the second quarter of 2010, and net income of $0.2 million, or $0.05 per share, for the third quarter of 2009.
Adjusted EBITDA from continuing operations (a non-GAAP financial measure) was $0.1 million, or $0.02 per share, for the third quarter of 2010, compared to $(0.2) million, or $(0.04) per share, for the second quarter of 2010, and $0.7 million, or $0.16 per share, in the third quarter of 2009. A complete reconciliation between adjusted EBITDA and operating income/(loss) on a GAAP basis is provided in the financial tables at the end of this press release.
Cash totaled $7.3 million at September 30, 2010, compared to $7.8 million at December 31, 2009. The Company generated positive cash flow from operations during the three and nine months ended September 30, 2010, marking the third consecutive quarter of positive cash flow from operations. The decrease in total cash from December 31, 2009 was primarily due to the Company paying its declared dividend of $0.9 million on March 12, 2010.
News should be out soon (Q3 Financials) - hopefully much better than the last two quarters...
any predictions?
Why Mobile Matters to Music
Posted In: Mobile Applications | Mobile Content | IMHO
By Matthew Stecker, Livewire Mobile -Monday, September 20, 2010
Mobile phones are poised to become the dominant source of music discovery and consumption. Why now? Why this particular iteration of music-to-go? Wasn't this going to be the next big thing in 2002? To answer these questions, it is necessary to understand the factors that have historically limited music discovery and consumption on mobile phones.
The introduction of the CD was not without its challenges: Users needed to repurchase content that they had in other forms (records, tapes, etc.), and had to purchase dedicated CD players. However, the form factor, convenience, and ultimately, portability of the CD won the day. When digital music was first offered for sale over the Internet, it was encumbered with Digital Rights Management (DRM), in order to prevent unfettered copying and thus to preserve sales. DRM, while solving one issue, had several negative implications, some of which acted to reduce the widespread adoption of digital music. DRM made the copying of purchased music to multiple listening locations impossible for many (and merely difficult for some). Users typically continued to purchase CDs and rip their own DRM-free versions.
DRM has not been the only factor limiting adoption. Until recently, mobile phones were very limited in memory, processing power and battery life. Battery life is perhaps the most important of these constraints, as users need their phones to handle voice calls and e-mails long enough to get them from one charge to the next. In this context, mobile music is deemed non-essential and interferes with the core needs of the mobile device user.
Not surprisingly, the downloading, managing, and playing of music on mobile phones was difficult, and dedicated music players predominated. In fact, in a study by the Nielsen Company, 11 percent of respondents listened to music via MP3 players while fewer than 2 percent of people listened to music on their mobile phones. Users who carry multiple portable devices (a "Personal Digital Calamity") are in evidence on any crowded plane or passenger train.
CHANGE IS IN THE AIR
So, DRM and mobile phone limitations have conspired to limit the widespread adoption of music purchase, management and playback on the phone. Why is this changing?
The industry is quickly moving toward DRM-free music, which will have many benefits to the consumer. Most important, however, is that it will have a profound psychological impact: DRM-free music helps create the impression of permanent ownership. With CDs, consumers had a tangible perception of the permanence of their music. They were able to pick up a CD, hold it, look at an extensive library on a shelf, and know that even though they might change cars, change PCs or purchase new CD players, they'd always have access to that music.
The introduction of DRM-encumbered digital music, which created rules around when and where the user could listen to his or her music, was a step back. Not only could a user not freely listen to his or her music on multiple devices, the music now lacked a sense of permanence, as it could easily be lost during the failure of a single device. Investing in a digital music library with thousands of titles seemed risky. The introduction of DRM-free music has meant that buyers can have multiple active copies, on multiple devices, which encourages mobile purchase, management and playback. Furthermore, current trends towards "digital lockers" (cloud-based storage with persistent re-download rights) and streaming models virtually eliminate the psychological reluctance to buy digital music.
Some mobile music applications rely on streaming for music discovery, which does present some challenges. While streaming is a great discovery tool (witness the growth of Pandora, for instance), there will always be a need for consumers to own their own music, due to the psychological need for permanence. Streaming draws heavily on battery life (due to increased processor use for decrypting the music) and works best with an uncapped data usage plan, which, as we've recently seen at AT&T, will not necessarily be available or will present monetary obstacles. The ultimate mobile music platform might be a DRM-free music library stored on a mobile device with the safety of backup in the cloud. This would allow music lovers to minimally tax their batteries (some digital music players see up to 120 hours of battery life between charges), while still enjoying the freedoms of portability and permanence.
With on-the-go lifestyles prevalent throughout the world, mobile devices are with us every step and in many ways present an extension of our personalities. By eliminating the perceived complexities of mobile music through device sophistication and technology, which satisfies the needs of this new mobile lifestyle, music adoption on the mobile device is possible and more important, enjoyable.
nice volume today - hope that there will be more days with this kind of interest in the near future...
but maybe it was just a short covering today
Buys: 15970
Sells: 3050
???: 7100
hmm did i miss this news or was it only on australian news wires? -->
Sydney Australia, August 17, 2010 – Mnet Group (ASX: MNZ) today announces deployment of their Mercury Content Management Delivery System with LiveWire Mobile’s Infuse Integrated Storefront service at a North American telecommunications carrier , providing subscribers with a convenient way to purchase and download DRM-free full-track music, ringtones, wallpapers, games, and applications.
The LiveWire Mobile Infuse(TM) Storefront Service features Mnet Group’s (ASX: MNZ), Mercury Content Management Delivery System, providing a complete end-to-end, multi-content, service delivery platform offering robust, centralized content management and reporting tools and a web service that opens the door to third-party applications. It allows service providers to market personalized content to consumers yielding a seamless and intuitive shopping experience.
LiveWire Mobile integrated storefront services features an easy-to-use discovery and purchase experience that keeps consumers coming back for more. The service offers content providers across all media types a secure and highly scalable distribution and content delivery platform to expand their reach across multiple consumer device channels.
Adam Thibault, Vice President of Sales at Livewire Mobile said, “Mnet was chosen as Livewire’s technology partner for the Infuse(TM) Storefront Service, due to the company’s extensive expertise and experience across the mobile ecosystem. Mnet was also chosen for their pro-active attitude and responsiveness to our requirements."
"We believe that LiveWire Mobile and its customers will benefit from our innovative technology, which allows for easy shopping and retailing of premium digital content including ringtones, games, applications, DRM-free full tracks and video," said Paul Paoliello, Chief Sales & Marketing Officer at Mnet Group.
Key features of Mnet's Mercury Content Management Delivery platform include:
Recommendations - Multi-content recommendations logic connects data from multiple user touch points to present the most relevant content to each user to ensure a truly personalized experience
Multimedia Bundles - Dynamic merchandising tools maximize cross-sell opportunities by bundling content of the same type or any combination of content types;
Promotional Pricing - On-demand and dynamic configuration of pricing by individual content, content collection, content provider and artist; and
Campaign Management - Enables rapid creation and distribution of specialized promotions on separate and concurrent portals, including micro-sites, and targeting specific sets of users across multiple devices.
LiveWire Mobile is a registered service mark and Infuse is a trademark of Livewire Mobile, Inc.
http://www.newsmaker.com.au/news/4808
LiveWire Mobile Shareholders Vote In Favor of Measure to Protect Significant Tax Asset and Other Annual Meeting Proposals
"All Stockholders Considering Owning 5% Must Contact the Company"
LITTLETON, Mass.--(BUSINESS WIRE)--LiveWire Mobile, Inc. (Pinksheets: LVWR - News), a world leader in ringback, mobile music and managed personalization services, today announced that certain restrictions on transfer of shares of its stock (the “NOL Protective Measures”) became effective today. These measures, designed to protect the Company’s significant tax net operating losses (“NOLs”), were approved by a majority of the stockholders who voted on the matter at the annual meeting on July 16, 2010 (the “Annual Meeting”).
LiveWire Mobile currently has significant Federal and State NOLs with potential value in tax savings over the next 15 years. The value of these NOLs could be significantly impaired unless the Company avoids potential transfers of its stock that could trigger such an “ownership change” under Section 382 of the Internal Revenue Code.
Under the new NOL Protective Measures, generally, shareholders must now comply with the following:
Any person, company or investment firm which wishes to become a “5% shareholder” of LiveWire Mobile, must first obtain a waiver from the Company’s board of directors.
Any person, company or investment firm which is already a “5% shareholder” of LiveWire Mobile cannot make any additional purchases of LiveWire Mobile stock without a waiver from the Company’s board of directors.
Stockholders of LiveWire Mobile who are not a “5% shareholder”, and do not wish to become a “5% shareholder”, do not need do anything at this time.
Because the ownership calculations can be complicated, LiveWire Mobile strongly urges that any stockholder contemplating owning more than 185,000 shares contact the Company before doing so.
The above is just a brief summary of the NOL Protective Measures. For more details please contact the Company for a complete copy of the NOL Protective Measures. We will also make available on our website a copy of the NOL Protective Measures set forth in our Fifth Restated Certificate of Incorporation filed with the state of Delaware on July 16, 2010.
At the Annual Meeting, the Company’s stockholders also approved: (i) the re-election of Jill C. Thoerle as a Class I Director with a term expiring in 2013, (ii) the LiveWire Mobile, Inc. 2010 Equity Incentive Plan, (iii) an amendment to the Company’s Fourth Restated Certificate of Incorporation reducing the number of shares of authorized capital stock from 128,000,000 to 12,800,000 shares, and (iv) certain other amendments to the Company’s Fourth Restated Certificate of Incorporation.
whew... what was that ? another arranged trade @ 3.4 $ - must be really deep pockets - ?S&M? imo
someone is def. greedy here....
Finally we have some buying volume here again.... nice buys @ 3.5
btw bollies tighter than ever... next move should be imminent !
I'm still here and holding my free shares. Livewire seems to be in good hands these days and it is one of those stocks that one day might come out with some killer news.
perspective still good here imo!
wondering about who the two new customers could be
("Two new North American operators are expected to launch the LiveWire Mobile DRM-free music service to their customers later this year. Customers of the wireless carriers will be able to utilize the Infuse integrated storefront to purchase DRM-free digital tracks..." )
wireless carriers hmmm...
could there be a connection between the "new DRM-free mobile music service for wireless carriers" which Livewire is about to launch and the need of Microsoft Zune for new wireless carriers ??
remember: "...it's unclear why Redmond feels the need to remove the service out from under carriers. But this should open up opportunities at the carriers for Musiwave competitors, including RealNetworks and Livewire Mobile."
Microsoft yanks Musiwave from wireless carriers
Any opinions??
*
sadly nobody comments on this board anymore... no volume - no interest !??!
anybody still holding shares here ?
did anybody see the presentation this morning with the Ceo and the Cfo at the Noble Financial Sixth Annual Equity Conference ??? - i couldn´t because i was on my way home from vacation...
would be nice to hear something about that...
+ the latest news from 3rd June:
LITTLETON, Mass., June 3 /PRNewswire-FirstCall/ -- LiveWire Mobile, Inc. (Pinksheets:LVWR.pk - News) a world leader in ringback, mobile music and managed personalization services, today announced two key personnel appointments which round out the company's senior management team and increase the company's ability to execute on its long term goals.
The company named Dean Foulis as its chief technology officer – a new position – and promoted Adam Thibault to vice president of sales. Together with Todd Donahue, chief financial officer, and Matthew Stecker, president and chief executive officer, LiveWire Mobile is in its strongest position yet to oversee an expansion of the company's product lines, support its global mobile operator customers and partners and drive sales.
With more than 20 years of technology experience, Mr. Foulis will be responsible for overseeing the company's technical and product development teams as well as customer operations. Mr. Thibault's responsibilities have expanded to include business development while focusing on growing LiveWire Mobile's worldwide customer base. Mr. Donahue will promote continuity amongst the team by continuing in his CFO role.
"In the past several months, we have seen significant expansion and interest in our mobile personalization services and platform offerings. As such, we have built our team by identifying and retaining the highest performing officers already with the company, promoting talented candidates internally and looking outside the company to fill targeted needs," said LiveWire Mobile CEO Matthew Stecker. "I have known and worked with Dean for many years and have been impressed with Adam's vision and ability to drive new business for LiveWire Mobile. I am confident their knowledge and experience in the mobile space will allow us to continue our momentum and achieve the company's long-term goals. Together with Todd Donahue, our CFO who has been with us for three years, we believe that we have the right leadership team for the future."
Prior to joining LiveWire Mobile, Mr. Foulis held a senior sales role in Oracle's Embedded Global Business Unit. In this position, he was responsible for helping to align Oracle's technical stack to meet the needs of a diverse group of customers, including many in the telecommunications arena. Previously, Mr. Foulis led the development team at SmartServ Online in the creation of the Uphonia mobile content store, an integrated storefront that offered mobile ringtones, games and applications. His proven skills in software development led him to several integral positions at The Whitehead Institute, Millennium Pharmaceuticals, Marble Associates, HBOC and Synetics. Mr. Foulis received his Bachelor of Science in electrical engineering from the University of Massachusetts, Amherst.
Mr. Thibault, previously senior account manager, joined LiveWire Mobile in March 2008 through the acquisition of Groove Mobile, Inc. Over the last two years, he has been responsible for all North American accounts. At Groove Mobile, Mr. Thibault was the primary account executive for more than a dozen strategic accounts. He started his career at Groove Mobile as a senior sales engineer in support of global sales. Mr. Thibault received his Bachelor of Arts in theater arts from the University of Massachusetts, Amherst and is currently pursuing an MBA from his alma mater's Isenberg School of Management.
Mr. Donahue joined LiveWire Mobile in February 2007. Prior to joining the firm, Mr. Donahue served in senior finance and operations roles at Aspen Technology, Inc., a global software and solutions provider where he served as vice president of product operations and vice president of finance. His prior experience includes senior finance positions at Corechange, Inc., an enterprise portal software company, and Ardent Software, Inc., which was acquired by Informix. Mr. Donahue began his career at Deloitte and Touche LLP in assurance and advisory services. He holds a BSBA in management from Boston University, an MBA from Babson College and is a certified public accountant.
Mr. Stecker brings considerable experience to LiveWire Mobile as an operating executive and strategic consultant to the telecommunications industry. Most recently, he served as the vice president and leader of CSMG/TMNG's technology strategy practice, consulting for some of the world's leading brands as they navigated the convergence of the media and telecom industries. Previously, he served on the leadership team at Vindigo, where he led the team behind the first successful advertising-supported mobile application, and as CTO of SmartServ Online, where he expanded the company's mobile application catalog while launching the Uphonia MVNO.
Mr. Stecker was president of Marble Associates, Inc., a Boston-based pioneer in the implementation of object-oriented technologies in Fortune 500 businesses. He received his Bachelor of Arts in computer science from Duke University, as well as a JD from the University of North Carolina at Chapel Hill School of Law.
and the other one (quarterly financials):
LiveWire Mobile Announces Financial Results for the Quarter Ended
March 31, 2010
Announces Two New Managed Service Bookings
LITTLETON, Mass., May 25, 2010 – LiveWire Mobile, Inc. (Pinksheets: LVWR), a world
leader in ringback, mobile music and managed personalization services, today announced
financial results for the first quarter ended March 31, 2010. The Company also announced
two new managed service bookings, expected to launch in the third quarter of 2010:
• Approximately break-even adjusted EBITDA performance during the quarter
• Recurring revenues increased 15% from first quarter of 2009
• Positive cash-flow from operations for the quarter ended March 31, 2010
• Cash of $6.9 million as of March 31, 2010
• Booked two new managed service arrangements – expected to launch in Q3
2010
here´s the link for the detailed report:
Q1 Financials
*
there is the news (subsequent):
LITTLETON, Mass., May 27 /PRNewswire-FirstCall/ -- LiveWire Mobile(SM), Inc. (Pinksheets:LVWR.pk - News), a leading provider of content management and delivery services, is launching a new DRM-free mobile music service for wireless carriers and online service operators that will feature music tracks from artists on the EMI, Sony BMG, Universal Music Group and Warner Music Group labels.
Two new North American operators are expected to launch the LiveWire Mobile DRM-free music service to their customers later this year. Customers of the wireless carriers will be able to utilize the Infuse integrated storefront to purchase DRM-free digital tracks either as single downloads or bundled with other content types such as wallpapers, ringtones, ringbacks and mobile applications from their handsets.
"Building from our long-standing relationships with the major labels, we believe this expansion to our music download service opens up new go-to-market models for our customers," said Matthew Stecker, CEO of LiveWire Mobile. "Through flexible pricing models and content delivery options, including over-the-air downloads, we believe that our new service will allow operators, content owners and brands to extend their reach across multiple consumer devices and maximize content sales revenue."
The new service is built upon LiveWire Mobile's existing Infuse personalization platform and feature-rich full track music service, providing operators with multiple options for pricing models, including a la carte and subscription. The high quality downloads are planned to be available as unencrypted MP3 or AAC files at 256 Kb/s for purchase and delivery across both the PC and mobile channels.
For more information about the new DRM-free music service, contact sales@livewiremobile.com or visit www.livewiremobile.com.
About LiveWire Mobile
LiveWire Mobile (Pinksheets:LVWR.pk - News) is a world leader in managed personalization services. LiveWire Mobile's integrated suite of mobile personalization services includes ringback tones, advertising ringback, ringtones, mobile full-track music and video downloads, a fully integrated storefront, and other applications, as well as dedicated content and service marketing, integrated storefront management and marketing. LiveWire Mobile makes mobile personalization services easier to use and helps drive service usage and adoption.
For more information, please visit www.livewiremobile.com.
LiveWire Mobile is a registered service mark and Infuse is a trademark of LiveWire Mobile, Inc. Other trademarks are properties of their respective owners.
Statements other than historical facts included or referred to in this Press Release are "forward-looking statements", including forward-looking statements about the expected customer launch of our new DRM-free music service, our belief that our expansion to our music download service opens up new go-to-market models for our customers, our belief that our new service will allow operators, content owners and brands to extend their reach across multiple consumer devices and maximize content sales revenue and the planned availability of DRM-free downloads as unencrypted MP3 or AAC files at 256 Kb/s for purchase and delivery across both the PC and mobile channels. These statements are based on management's expectations as of the date of this document and are subject to uncertainties and changes in circumstances. Actual results may differ materially from these expectations due to risks and uncertainties including, but not limited to uncertainties with respect to the implementation and market acceptance of our products and services including, without limitation, our DRM-free music service and related service content, features and functionality, our 2010 initiatives, including aggressively expanding our international footprint for all of our products and services, expanding our worldwide partner alliances and bringing new applications and services to market, our ability to grow our managed services business, our ability to achieve long term growth, the size and growth of our and our customers' target markets, our ability to expand our relationships with existing customers and partners and attract new customers and partners, our ability to timely launch our products and services to customers, our ability to execute on our development initiatives, competition, and other risks. We encourage you to read our Annual Report for the year ended December 31, 2009 and other public disclosures for certain additional information and risk factors. In addition, while management may elect to update forward-looking statements at some point in the future, management specifically disclaims any obligation to do so, even if its estimates change. Any reference to our website in this press release is not intended to incorporate the contents thereof into this press release or any other public announcement.
of course i meant MAY 19th not March 19th ....
sry was away all day today.
No it´s not speculation on the news itself, since they still have to announce their earnings for Q1/2010 - actually awaiting it every day now.
I couldn´t call the exact date as it appears ... - Yahoo finance sets this date under "company events" (March 19th), don´t know how accurate this is - but it seems they don´t know nothing and so do I
--> http://finance.yahoo.com/q/ce?s=LVWR.PK+Company+Events
go to the mad money sound board and hit the "nothing" button for Yahoo and maybe the "boo"
button for the moderator of this board because of his bad calls...
http://www.cnbc.com/id/18724672/site/14081545/
Was this speculation or was this based on some information that you have?
Either way I'm riding a bunch of free shares and plan on holding them for the long haul.
update: - Lvwr postponed their announcement to wed. next week - imo
next week we will get some news here... monday or tuesday imo
possible - when i look back i would suggest that they bought more shares over the last months (i still remember one single 40k block a few weeks ago) but since we are in the pinks they don´t have to file imo. So we will know nothing until they want us to...
But maybe the uptrend has nothing to do with S&M at all - there are several other smart investors out there aware of the huge potential LVWR still has.... stay tuned
Maybe they (Miller/Singer) are buying again?
Buys/Sells ratio nearly 4:1
17900 buys - 4800 sells
looking really bullish now serious buying volume - almost no sells. Not only today but also in the last weeks - very promising....
yep, the bollies are closing in on another move :)
Lvwr seems to be overdue for the next move
News
LiveWire Mobile Announces Commitment to Worldwide Customer Base and Unveils Enhanced Product Roadmap
LiveWire Mobile, Inc. (Pinksheets: LVWR) one of the worldwide leaders in ringback technology, mobile music and integrated mobile personalization offerings, is underscoring its commitment to maintain and expand its existing product lines as well as announce significant product roadmap milestones for its customer base of more than 40 mobile operators serving over 275 million customers around the world.
MyCaller Ringback Service
LiveWire Mobile’s MyCaller®, a market-leading ringback platform, has been deployed across 6 continents, 23 countries and over 30 mobile operators worldwide. The next generation of MyCaller, version 4.0 expected in Q3 2010, is scheduled to include both an IP/SIP-enabled media player as well as support for existing IN/SS7-based networks. Current MyCaller customers as well as customers purchasing the current release, MyCaller 3.5, will be offered the option to purchase an integrated upgrade to the new platform.
MyCaller is available either as an infrastructure equipment purchase that allows operators to independently run the service, or as a managed service, in which LiveWire Mobile provides a turnkey, end-to-end solution – including storefront merchandising, marketing, asset management and content operations – in a shared revenue model.
Both versions also feature a highly modular architecture, allowing for the content/subscriber management platform (CSM) to either run at the operator or to be hosted and managed by LiveWire Mobile.
Full-track Music Service
LiveWire Mobile today operates one of the industry’s leading full-track music platforms for several operators around the world including 3UK, Bell Mobility, Cricket Communications, Telecom New Zealand and Sprint. The platform features full-track downloads directly to mobile devices and personal computers, direct operator billing and the option to support both a la carte purchases and subscription models. The service offers music from all four major labels as well as major independent label aggregators, delivering one of the world’s largest mobile catalogs of over 4 million tracks.
The next version, release 4.0 scheduled for release in Q3 2010, is scheduled to include significant enhancements including:
DRM-free support: LiveWire Mobile has worked with operators, device manufacturers and content partners to deliver high quality unencrypted MP3/AAC downloads to mobile devices as well as the ability to integrate content purchased on a mobile device into desktop music libraries (such as iTunes). The Company believes that the ability to purchase unencumbered digital tracks on-the-go will significantly expand the market for mobile music, as these assets will be transferrable (or simultaneously downloaded) by end users into their growing personal digital catalogs.
Native media player support: The majority of handsets shipping today include a built-in media player. Release 4.0 seamlessly integrates these built-in players and library management with the mobile music storefront. This will allow users to play and enjoy tracks purchased on-the-go seamlessly alongside other content stored on their devices.
Cloud-based Rights Management: The new release will also support rights-tracking in the cloud, providing users with anytime, anywhere and instant access to their content, including the peace of mind to recover their music should they lose or replace either a mobile device or desktop. These qualities of service are keys to maximizing the value proposition of the DRM-free offering.
Infuse Integrated Mobile Content Storefront Service
LiveWire Mobile's core strengths and innovation have always been in the ringback and mobile music markets – yet operators have increasingly expressed a desire to source all mobile personalization content from a single platform. To satisfy this need, LiveWire Mobile offers an integrated mobile content storefront which combines both its ringback and full-track products with other commonly used types of mobile personalization content into a single storefront. Its storefront can manage full-track, ringbacks, ringtones, music videos, games, applications and graphics including wallpapers.
The Company’s integrated mobile content storefront, release 1.0, is already deployed in the market, including at two large operators, Bell Mobility and 3UK. The innovations discussed in the MyCaller ringback platform and the full-track music platform will also be available as part of this integrated content storefront which is sold as a fully managed, end-to-end service.
The next release, 2.0 which is expected in Q3 2010, is scheduled to offer additional features such as robust support for gifting, rental subscription support for games and applications as well as integrated search capabilities with major search engine providers such as Yahoo.
“We are recommitting the full resources of our Company to our global business partners and customers by providing them with the broadest range of products and flexible business models to help them generate revenue and increase customer loyalty,” said Matthew Stecker, chief executive officer, LiveWire Mobile. “LiveWire Mobile plans to provide and expand its support, increase its product innovation and offer a managed services alternative to fully outsource its music and full array of mobile personalization services.
“LiveWire Mobile stands as one of the few brands to have all of these assets under one roof and managed concurrently. The Company’s recent return to profitability has enabled this significant level of investment in our core products. We look forward to deploying our products within our existing operator partners as well as new global partners.”
About LiveWire Mobile, Inc.
LiveWire Mobile (Pinksheets:LVWR) is a world leader in managed personalization services. LiveWire Mobile’s integrated suite of mobile personalization services includes ringback tones, ringtones, mobile full-track music and video downloads, a fully integrated storefront, and other applications, as well as dedicated content and service marketing, integrated storefront management and marketing. LiveWire Mobile makes mobile personalization services easier to use and helps drive service usage and adoption. For more information, please visit www.livewiremobile.com.
LiveWire Mobile and Infuse are trademarks and MyCaller is a registered trademark of LiveWire Mobile, Inc. All other trade names are the property of their respective owners.
Statements other than historical facts included or referred to in this Press Release are “forward-looking statements”, including forward-looking statements about our commitment to our customer base, our expected product and services release dates, our scheduled product and services features, our belief that the ability to purchase unencumbered digital tracks on-the-go will significantly expand the market for mobile music, our plans to provide and expand our support, increase our product innovation and offer a managed services alternative to fully outsource our music and full array of mobile personalization services, our ability to invest in our core products and the deployment of our products within our existing operator partners as well as new global partners. These statements are based on management’s expectations as of the date of this document and are subject to uncertainties and changes in circumstances. Actual results may differ materially from these expectations due to risks and uncertainties including, but not limited to uncertainties with respect to our ability to meet our customer commitments, delays and uncertainties with respect to the timing and ability to deliver product and services features to customers and partners, uncertainties about the market for DRM free music, uncertainties with respect to our ability to maintain operating expense reductions and cost efficiencies, adjusted EBITDA profitability, profitability and positive cash flow, uncertainties about the implementation of, market for and customer acceptance of our products and services, uncertainties with respect to our 2010 initiatives, including plans to provide and expand our support, increase our product innovation and offer a managed services alternative to fully outsource our music and full array of mobile personalization services, uncertainties about our ability to grow our managed services and infrastructure products businesses, the size of our target market and our ability to expand our relationships with existing customers and partners and attract new customers and partners, customer concentration (including with Sprint Nextel Corporation and Ericsson AB), uncertainties about our ability to execute on our development initiatives, revenue fluctuations, competition, and other risks. We encourage you to read our Annual Report for the year ended December 31, 2008 and other public disclosures for certain additional risk factors. In addition, while management may elect to update forward-looking statements at some point in the future, management specifically disclaims any obligation to do so, even if its estimates change. Any reference to our website in this press release is not intended to incorporate the contents thereof into this press release or any other public announcement.
march 10th was "ex dividend day" --> therefore the irregularities on that day....
wolfdeluxe, what did ya miss?
$4 is here GO LVWR!
Now i know the reason for the level2 vaporizing on March 10th.... man i must be sooo blind to have missed that
AKAPAK
Don't forget the divi!!! If they keep doing it, you can get your $$$ back in 4-5 years AND own the stock.
Was this the Singer / Miller plan?
I think your 4-5 years would assume shares being bought in the .08 -.10 range presplit, (late 2008 early 2009) making the postsplit share price of those shares in the .80 - 1.00 range
http://stockcharts.com/h-sc/ui?s=LVWR&p=D&yr=1&mn=6&dy=0&id=p27209865126
shares bought during that time frame has already more than made their $$$ back.
The divi is an added bonus for us shareholders :)
"Volume preceeds price" is a sign I look for in charts (May thru July 2009), if this last weeks volume keeps pace, then I would expect more upward movement in share price.
What ever the reason, I'm liking it :)
Don't forget the divi!!! If they keep doing it, you can get your $$$ back in 4-5 years AND own the stock.
Was this the Singer / Miller plan?
following occured:
yesterday there were about 12 MM´s on each side bid and ask... tight spread.
this morning, all of a sudden they vaporized... only 2 Mm´s left - big spread: bid 3 - ask 4.52
same thing occured directly after the split - but back then there was a reason for it (the split...).
Today i don´t see any reasonable explanation why all offers should disappear suddenly - do you !?!
i think shorters can be excluded - there was/is no signifcant short position here atm IMO...
Q4 EPS 33c vs ($3.6) EPS +109% Y/Y
Monday , March 08, 2010 10:20ET
QUARTER RESULTS
LiveWire Mobile, Inc (LVWR) reported Q4 results ended December 2009. Q4 Revenues were $4.43M; +23.74% vs yr-ago. Q4 EPS was 33c; +109.17% vs yr-ago.
YEAR-END RESULTSQ4 RESULTS Reported Year-Ago Y/Y Chg Estimate SURPRISE
---------- ------------ ------------ ---------- ------------ ----------
Revenues: $4.43M $3.58M +23.74% N/A N/A
---------- ------------ ------------ ---------- ------------ ----------
EPS: 33c ($3.60) +109.17% N/A N/A
---------- ------------ ------------ ---------- ------------ ----------
ORIGINAL EARNINGS RELEASE ~ http://www.knobias.com/story.htm?eid=3.1.43dbb17adc10ed329fe426573a561e973dbc64c35c0a1be281ed36c576fd69d0FY RESULTS Reported Year-Ago Y/Y Chg Estimate SURPRISE
---------- ------------ ------------ ---------- ------------ ----------
Revenues: $16.81M $15.62M +7.62% N/A N/A
---------- ------------ ------------ ---------- ------------ ----------
EPS: (60c) ($8.40) +92.86% N/A N/A
---------- ------------ ------------ ---------- ------------ ----------
Hmmm, not clear what occurred?
Maybe a shift in shorts following the good earnings release and/or a tightening of the Bid/Ask for whatever reason reducing the overall range for the period? Seems to have turned in your favor whatever was behind it. Please let me know if you find out, that is interesting.
Nice earning ….congrats!! Think I'll post a snap-shot of em for easy view - quick reference, hope you don't mind.
GLTA!
Scov
nite showed up at 4 ... couple of hits 4 followed everytime by sells at 32
Scov - do you have any kind of idea, how something like this can happen??
--> investorshub.advfn.com/boards/replies.aspx?msg=47625607
level2 is frozen it seems - lets start a group effort to wipe DOMS and WDCO out and lift the stock price to 35$
seriously, very strange what had happened here today - opinions, explanations appreciated!!!
After two days of serious volume - now that.
I like the 4.52 $ though...
DANG!! congrats. I was in at .16 before the RS. I shoulda held.
ya ..and WDCO showed up at 435
lol - someone hit the ask.....
wierd only DOMS at 4.52 then AUTO at 35
maybe we should take a look in the "how to manipulate a pinksheet stock" handbook...
no idea - very strange...
the whole bid/ask has vaporized this morning... only DOMS and PERT was there
never seen something like this before...
why the bizzare spread 3x4.52
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Live Microsystems was founded in 1983 and has been publicly traded since 1994. Originally founded as Natural Microsystems, the company later changed its name to NMS Communications, Inc. and traded on the NASDAQ under the symbol (NASDAQ:NMSS). After the sale of its hardware business to Dialogic in 2008, the company changed its name to Livewire Mobile, Inc. and traded on the NASDAQ and later the OTC Markets under the symbol LVWR. Through its history, the company has made multiple strategic acquisitions including InnoMediaLogic, Inc. in 2000, Openera Technologies in 2006, Groove Mobile in 2008, and Fonestarz Media Group in 2010. Recently, the company has announced the sale of its operating businesses to OnMobile Global Ltd. in a transaction anticipated in this release. As part of this asset sale, the company is transferring the trade name and marks associated with "Livewire" to OnMobile and is in the process of changing its name to "Live Microsystems, Inc". Live Microsystems continues to trade on the limited disclosure tier of OTCMarkets under (OTCMarkets: LVWR). We intend to change our trading symbol at the time the name change becomes effective to (OTCMarkets: LMSC).
Website: http://www.livemicrosystems.com
Contact:
For Investor Inquiries: investor@livemicrosystems.com ______________________________________________________________________________________________________________________________________________________________________________
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