GUANGZHOU, China, May 25 /Xinhua-PRNewswire-FirstCall/ -- BIZ Outsourzing, Inc. (Other OTC: BIZO.PK), announced today that it has changed its name to Mobile Entertainment, Inc. ("MBEI")
On May 25, 2007, the new name of the Company, Mobile Entertainment, Inc. will be in effect and the Company will trade under the new symbol of MBEI. A new CUSIP number of 607364 106 has been assigned to the common stock of the Company.
MBEI is committed to developing mobile games in China. With an operating subsidiary Guangzhou Yin Han Technology Company Ltd. that stationed in Guangzhou City of China, MBEI has worked closely with its business partners in the country to improve the flexibility, reliability and creativity of the mobile games and speed up response times over various mobile platforms.
"Our new company name makes a meaningful impression and creates emotional appeal with our customers," said Conrad Yip, President of Mobile Entertainment, Inc. "More people in the world have a mobile device than have a PC with Internet access. The future gaming and entertainment is on mobile phones."
About Mobile Entertainment, Inc.
Mobile Entertainment, Inc. (MBEI) is a developer of interactive mobile games and other wireless applications delivered over a variety of mobile phone platforms in China including SMS, WAP over GPRS, kJava and/or BREW. Strategically located in Guangzhou City of the People's Republic of China, BIZ Outsourzing, Inc's wholly-owned operating subsidiary, Guangzhou Yin Han Technology Company Limited ( http://www.egege.com.cn ), develops, markets and sells mobile games to local mobile network operators including China Mobile. Mobile Entertainment, Inc. also plans to distribute mobile games from third parties and to develop wireless applications across the mobile platform.
For more information please visit Mobile Entertainment, Inc.'s corporate website ( http://www.ChinaGameOne.com ).
Safe Harbor
A number of statements referenced in this Press Release, and in our website, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," or "might" occur. Such statements reflect the current views of Mobile Entertainment, Inc. with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.
Mobile Entertainment, Inc. does not undertake any responsibility to update the "forward-looking" statements contained in this news release.
