Thursday, February 11, 2010 8:17:26 AM
Getfugu, Inc. Enters Agreement With Illusive Media Estimated to Generate $12 Million per Quarter of Recurring Revenue
WEST HOLLYWOOD, CA--(Marketwire - February 11, 2010) - Getfugu, Inc. (http://www.getfugu.com/) (OTCBB: GFGU), the next generation mobile search tool, announced today that it has entered into a strategic relationship with Illusive Media (http://www.illusivemedia.com/), the Emmy Award winning marketing and advertising firm, where Illusive Media will license on Getfugu's behalf a minimum of eight dedicated keywords to Illusive Media's clients at a negotiated rate of $500,000 per keyword per month.
Tre Zimmerman, Senior Vice President Corporate Development, pointed out that Illusive Media's deep reach into the music space will provide Getfugu with significant revenue earnings potential by linking Illusive's clients with the direct consumer utilizing Getfugu's mobile search engine technology.
Curtis Bowens, Illusive Media's co-founder, stated, "This strategic relationship with Getfugu is a win-win for Illusive, Getfugu, and Illusive's clients. Illusive knows quality as we have produced marketing and advertising campaigns which have resulted in Grammys awarded to Illusive and Emmys awarded to its clients and we believe Getfugu's technology is truly revolutionary. We are comfortable that licensing at least eight keywords to our clients is achievable within the first 45 days of our relationship with Getfugu."
Getfugu's "See It, Say It, Get It" mobile search tool is now available on iPhone, BlackBerry, Android, Google phone, and J2ME smartphones, representing nearly 2 billion users around the world. The Getfugu application is now available for free download at http://www.getfugu.com.
About Illusive Media
Illusive Media is an Award winning Marketing, Advertising, and Media Development organization and has a broad range of clients in the music, consumer products, and services industries which include Pepsi, Sony Records, Interscope Records, Columbia Records, Startrak Records, Jive Records, Keller Williams Realty, The Neptunes, The Clipse, Norfolk State University, Club Entourage, NNI Airport, and Playcloths.
For more information on Illusive Media, please visit our website at: www.illusivemedia.com.
About Getfugu
Getfugu, Inc.'s revolutionary "See It, Say It, Get It" technology is the first carrier agnostic, platform agnostic mobile search platform. Getfugu will change the way people access the web with their mobile phones. It is designed to facilitate and encourage users by integrating the mobile phone's core strengths -- image, voice and location recognition -- into a single customizable application. Additionally, Getfugu offers the only mobile ecommerce platform available worldwide today. The Getfugu platform will soon be available for 97% of the mobile phones available (over 3.3 billion handsets) worldwide.
For more information on Getfugu, please visit our website at: www.Getfugu.com.
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