Pixatel Posts Record Breaking Growth in Q3, Doubles Revenue and Device Installs Over Q2
Increased consumer and channel adoption of Pixatel’s Subscriber Equity Management solutions yields another quarter of over 100% growth
San Mateo, CA – October 31, 2012, Pixatel Systems, the leader in Subscriber Equity Management, today announced another record quarter with an over 100% increase in revenue over Q2 2012. Growing its market leadership, Pixatel again doubled revenue and distribution of its Android Productivity Suite applications and mBazaarTM managed appstore.
“This was the strongest quarter in Pixatel history,” said Prabhjot Singh, President and CEO of Pixatel Systems. “Our explosive growth of revenue, device installs, and distribution partners continues to highlight the value our Subscriber Equity Management solutions provide to our channel partners, enabling them to differentiate and sell more mobile devices. We are investing heavily in product development to meet market demand and to ensure that we can play an even more integral role in enabling consumers across the world maximize the utility of their next generation mobile devices.”
“Pixatel has an established brand for creating applications that deliver high engagement and our partnership has been quite beneficial”, said Suneet Singh Tuli, CEO of Datawind, makers of the award winning Aakash and Ubislate tablets. “We have been delighted by the additional value and compelling experience that Pixatel’s Android Productivity applications provide to our users.”
Pixatel released a number of new Productivity Suite applications in Q2, adding depth to eLearning, gaming, and edutainment categories, while also shipping new versions of existing Productivity Suite applications. OEMs, mobile operators, and retailers can license Pixatel’s solutions to generate new sources of recurring revenue while adding value to Android based mobile devices such as smartphones, tablets, and set-top boxes. Pixatel leverages its distribution partners to deliver best-of-breed games, utilities, and productivity applications so consumers enjoy a unified experience across all categories.
Pixatel works with partners to determine the application mix that is right for their consumers and leverages its proprietary application catalog and industry partnerships to source appropriate content for target demographics. Pixatel’s white label app store gives distribution partners the ability to highlight their brand while also providing consumers access to innovative applications and updates throughout the life of the device. By delivering engaging applications, Pixatel enables end users to maximize the utility of their mobile devices while increasing consumer satisfaction.
About Pixatel Systems
Pixatel Systems is the leading global provider of Subscriber Equity Management (SEM) solutions. Pixatel enables the world’s leading device manufacturers, mobile operators, and corporations to deliver innovative value-added services and content to mobile devices while creating new monetization channels to increase revenue and grow market share. Pixatel democratizes application delivery by providing software, services, and platforms that enable everyone to maximize the power of next generation mobile devices. With a focus on the emerging world, Pixatel’s solution portfolio offers end-to-end mobile solutions across education, commerce, gaming and productivity.
About Datawind
DataWind is a leading provider of wireless web access products and services. DataWind’s Aakash/UbiSlate tablets have received worldwide attention, as the Company executes a vision to empower the next 3 billion people with computing and internet access. Based on several international patents, DataWind’s breakthrough technologies solve the bandwidth limitations of cellular networks by accelerating content delivery by factors of 10x to 30x – resulting in a superior mobile web experience at a lower cost. DataWind has been awarded UK’s Most Innovative Mobile Company for 2012. It’s products have been awarded by CNBC TV 18 and Mercedes Benz, the Young Turks Innovation award, and been finalists at the Mobile World Congress for Innovation in Education and at the CTIA Wireless Show for the BiG Idea award. DataWind has offices in Amritsar, London, Montreal, Dallas and New Delhi. (http://www.DataWind.com)
CONTACT: John Murray, Marketing Manager, Pixatel Systems, +1-415-680-3170, or john@pixatel.com