Flash Networks Completes Acquisition of Mobixell Networks - AZTV7/Cable 13, Me-TV 7.2, HSN 7.3, Phoenix-Prescott, AZ

Flash Networks Completes Acquisition of Mobixell Networks

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SOURCE Flash Networks

Combined forces result in largest worldwide mobile data optimization and monetization vendor

EDISON, New Jersey, February 5, 2014 /PRNewswire/ --

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Flash Networks announced today that it has completed its acquisition of Mobixell Networks, a dominant player in mobile data management, network optimization, and rich media delivery solutions. The combined forces of both companies make Flash Networks the largest independent vendor, best positioned to dominate the mobile data optimization and monetization market.

The two companies' complementary technological strengths will enable Flash Networks to offer operators best of breed revenue-generating services, mobile data acceleration, and video optimization technologies.

"Due to highly compatible product architectures and a synergistic approach, we expect a rapid and smooth integration," said Liam Galin, President and CEO of Flash Networks. "As the largest player in this domain whose core business is optimization and monetization, we are best positioned to enable mobile operators to provide a differentiating customer experience and manage the explosive growth in mobile data traffic."

About Flash Networks

Flash Networks, the global leader in mobile Internet optimization and monetization, enables operators to boost network speed, optimize video and web traffic, and generate over-the-top revenues from the mobile Internet. Sitting at the core of the network, Flash Networks' Harmony™ Mobile Internet Services Gateway accelerates LTE networks by 50% and reduces web and video traffic data by 30%, while providing operators with in-depth traffic analytics and user insights. In addition, with Harmony, operators can engage with their subscribers by offering an enhanced browsing experience while generating revenues from search, over-the-top content, and targeted advertising.

With offices in North America, Europe, Israel, Latin America, and Asia, Flash Networks services over one billion subscribers daily and is proud to count among its customers top-tier mobile carriers including Bharti Airtel, Orange, SKT, TIM, T-Mobile, Telefonica, Vodafone, and many more leading carriers. For more information, visit http://www.flashnetworks.com.

CONTACTS:

Naomi Rabbie
Flash Networks
Phone: +972-9-961-0841
Mobile: +972-54-7744539
naomir@flashnetworks.com
http://www.flashnetworks.com

Monica Maron
Spicetree Communications
Mobile: +972-54-5429529
monica.maron@spicetreecom.com
http://www.spicetreecom.com

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