March 6, 2014 Last Updated 9:14 am

WOWIO, Inc. and Akyumen Technologies introduce new mobile eBook platform at 2014 SXSW Festival

WOWIO holds a proprietary patent that allows for the insertion of advertising into eBooks

Press Release:

BEVERLY HILLS, Calif. – March 6, 2014 — WOWIO, Inc., a digital media company committed to developing, producing and distributing engaging entertainment properties across the digital media landscape, today announced that the company will be launching its mobile eBook distribution platform at this year’s South By Southwest Festival (SXSW) in Austin, Texas with its Florida-based partner, Akyumen Technologies Corp (http://www.akyumen.com). The two companies have been developing this platform together and are introducing it to potential technology partners and entertainment content creators at SXSW, the largest interactive technology, movie and music festival and show in the world.

“We are making the worldwide debut of our proprietary mobile devices with built-in projector capability at this year’s SXSW Festival and we are showing off our content partners on our devices,” commented Aasim Saied, Akyumen’s CEO. Mr. Saied continued: “We think WOWIO’s ad-supported eBook content will create a high quality user experience, utilizing the best our devices have to offer the consumer. With our recent announcements in preparation for SXSW, we will be able to feature WOWIO on over 10,000,000 devices worldwide over the next 18 months.”

WOWIO holds a proprietary patent that allows for the insertion of advertising into eBooks, providing the digital publishing distribution channel as a viable alternative to that of other content distribution outlets.

“The consumption of media has grown exponentially with the proliferation of mobile devices with expanded capabilities and more powerful mobile networks to deliver a larger variety of content,” said WOWIO’s President and CEO Brian Altounian.

“Our customers like the accessibility of content on a mobile device and now we can provide that access on a free or reduced cost basis with advertising as a price subsidy. Advertising in general and mobile advertising specifically will have a significant impact on the distribution of digital publishing, providing a new revenue stream for authors and publishers while making eBooks free to consumers. I think that’s a pretty big win-win-win scenario,” stated Mr. Altounian.

WOWIO and Akyumen will be featuring at 501 E 6th St, Suite B, Austin, TX 78701 from March 7th through March 15th, 2014.