Australian MiMedia Holdings Melbourne has signed a license agreement for its new internet radio application miRoamer with Pearl Group India, establishing a joint venture for India, Sri Lanka and Bangladesh.
miRoamer’s BlackBerry App was launched two months ago in Australia and had 35,000 downloads in its first five days. Within a few weeks it was named in the Top 25 Blackberry Apps worldwide by Tech Radar UK, received a five-star rating from T3 and was featured on stage at the annual Intel Forum in San Francisco.
This new joint venture brings together miRoamer, and the Pearl Group of Industries, India’s leading DVD and CD replicators, manufacturers of industrial motor parts and automobile engine alloys, based in New Delhi. The two companies will form a separate entity to be known as miPearl India serving the subcontinent exclusively.
Mr Rajat Behl, Chief Executive Officer of Pearl Group, who has many years of experience in the content production and manufacturing business, stated,
“Our vision is to be inside every pocket, every home and every car. We intend for miPearl to infiltrate mobile phones, mp3 players, home entertainment systems and in-car infotainment systems throughout the sub-continent. The miRoamer internet radio platform, streaming 35,000 radio stations, is just the beginning, with iptv and video on demand services soon to be announced.”
India represents one of the largest mobile usages in the world, recently surpassing 700 million mobile handsets. The country is launching a nation-wide 3G network in October, which will provide tremendous growth and revenue opportunities for Telco’s, handset manufacturers, home and audio system manufacturers and of course the joint venture of miPearl.
George Parthimos, founder and CEO of MiMedia Holdings and creator of miRoamer technologies, believes India to be one of the most exciting countries for miRoamer to be exporting to.
“India and the subcontinent represent one of the world’s most exciting markets and provide enormous growth opportunities for miPearl. The decision to join with the Pearl Group will establish an enviable standard across the globe”.
