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Loop Mobile Appoints new CEO

  • 22 July, 2008 16:05

<p>The Chairman of Loop Mobile, Mr Greg McCann commented “We thank Martin for his significant contribution to the establishment of Loop Mobile as an independent public company and its progress to date. We are very pleased to have the benefit of his continuing presence on the Board. Ian will bring his tremendous passion and expertise to the wider role as we continue to develop our products and services, and exploit the growing market opportunities.”</p>
<p>The company today also outlined details of a Rights Issue to raise up to approximately $1.5 million in total before expenses. Full details of the Rights Issue are set out in the Prospectus lodged with the ASX today.</p>
<p>Ends</p>
<p>About Loop Mobile Limited
Loop provides an advanced, fully integrated mobile and online instant chat, user generated content, and social networking community globally to carriers and major brand properties, as well as directly to consumers via mobile web and the web.</p>
<p>Targeting the youth and young adult demographic, the company’s flagship service, MOKO.mobi, is implemented across the 3 Mobile Australia, Virgin Mobile Australia Optus Singtel, and Helio USA wireless networks. MOKO is also available worldwide via the Mobile Web and Web at www.moko.mobi.</p>
<p>Loop was founded in 2004 in Perth and is today headquartered in Sydney. Its proprietary platform enables the uploading and viewing of photos, audio, videos, personal profiles, instant chat, private media messaging, search facilities and additional features.</p>
<p>www.loopmobilelimited.com</p>
<p>For media interviews or to organise a demonstration of MOKO.mobi please contact:</p>
<p>Cathryn van der Walt of Einsteinz Communications on behalf of Loop Mobile</p>
<p>Tel: 61 (0) 402 327 633 or E: cathrynvanderwalt@einsteinz.com.au</p>

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