We wanted to give you some additional information about today’s announcement regarding the Brightstar 20:20 program, as this is an exciting additional outlet for NQ Mobile products and services. Brightstar 20:20 is a global enterprise (business-to-business) program with a strong presence in Pan-European countries that provides cutting-edge business services and solutions, including distribution and value-added solutions. Through the program, resellers provide their enterprise customers with leading mobile handset brands, accessories, insurance, cellular airtime and on-device services like NQ Mobile Security.
Starting in the UK with HTC, the program is expected to extend to Brightstar’s multiple points of presence across Europe and to include additional selected manufacturers. As featured in the June issue of Mobile Today, HTC is collaborating with Brightstar to provide resellers with access to their full portfolio of products. NQ Mobile Security will be licensed and bundled with Android devices such as the HTC One (M8) and will feature simplified activation. Brightstar 20:20 also plans to include other manufacturers’ products in the program, with NQ Mobile Security, of course. We are honored to have won this opportunity with Brightstar 20:20.
In other news, NQ Mobile has picked up some more awards. NQ Mobile has received three separate honors from the 2014 Best in Biz International awards:
- Gold: Business Development department / team of the year of the Year
- Silver: Fastest-Growing Company of the Year – Medium
- Silver: Enterprise Service of the Year (NQ Sky)
The Best in Biz Awards are unique in that only writers and journalists for business, financial, trade and technology publications, as well as broadcast outlets and analyst firms, serve as judges. The 2014 International judging panel consisted of 27 individuals from 17 countries. These judges include writers and contributors to such publications as Asian Power (Singapore), Australian (Australia), Canadian Business (Canada), Computer Hoy (Spain), CTV (Canada), Gizmodo and Lifehacker (Australia), HTMobile (Israel), Huffington Post (United States), IAA Magazine (United Arab Emirates), InBusiness (Cyprus and Greece), Irish Independent (Ireland), Mumbrella and Encore Magazine (Australia), PC Authority (Australia), Stuff.co.nz (New Zealand), TechHim (India), The Engaging Brand (United Kingdom), Ventures Africa (Nigeria), Wirausaha & Keuangan (Indonesia), WirelessDuniya (India), Xbox Plus (Brazil) and YourStory.in (India).
Finally, as filed in a 6K yesterday, the Company sent notification to the holders of its 4% Convertible Senior Notes Due 2018 (the Notes) of its election to pay additional interest under the Notes as the sole remedy for the Company’s inability to thus far file its annual report on Form 20-F for the year ended 2013. This additional interest will begin to accrue from July 29th and is capped at 0.5%. This remedy provides the Company an additional 180 days to file its annual report on Form 20-F for the year 2013.
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