10/14/2004 - Snocone Systems Inc. (OTCBB: SCOS; "Snocone" or the "Company"), an innovator of wireless solutions, is pleased to announce it has signed a licensing agreement with FitBeautiesMag.com to use Snocone's Mobile Video Streaming Service for FitBeautiesMag's web service.
This licensing agreement is non-exclusive and for a period of one year. Snocone will provide all the system integrations required to enable FitBeautiesMag's expansion into the mobile video streaming and monitoring marketplace.
Individuals will be able to instantly access the site via their cell phone to see movies, real time model shoots and streaming live footage from FitBeautiesMag's subscriber cam. Users will be able to access the site and see live events from anywhere anytime through their mobile device.
FitBeautiesMag has a print circulation of approximately 150,000, an internet presence of over 200,000 page views per month, and is one of today's fastest growing men's magazines in North America. This contract gives Snocone fifty percent of all net revenues derived by this service.
Snocone believes there is significant potential for Mobile Video Streaming, Monitoring and Surveillance, not only in the security and defense sectors, but in the sports and entertainment sectors as well. This relationship with FitBeautiesMag is a great step for Snocone to showcase these applications to the entertainment industry while being a part of this lucrative market sector.
This service is being launched in association with Snocone's preferred partners Feed Me Sports Inc. and RISKebiz Internet Services Inc.
About Snocone Systems Inc.
The wireless market was pioneered in Europe and Japan, and has come to North America in the past year with the availability of more advanced cellular phones and wireless carriers eager to develop new revenue streams. Recognizing this market opportunity, Snocone began exploring innovative wireless solutions two years ago with the aim of creating a portfolio of wireless technologies and applications. To date we have successfully developed wireless mobile applications that can be used in many areas such as Homeland Defense, mobile security, online entertainment, web monitoring, adult industry, wireless mobile surveillance and professional sports to name a few. The Company looks forward to continually strengthening its base and bottom line through suitable acquisitions that it deems to fit its strict criteria for extensive growth in major market sectors. Snocone's web site is located at www.snoconesystems.com.
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