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Message #23
From: NewsBot
Date: September 26, 2006 05:00:00 AM

BGO News Bango Announces Ad-Launchpad - Mobile Advertising Initiative Delivers Highly Targeted Results and Helps Eliminate Click Fraud

NEW YORK--(BUSINESS WIRE)--Bango today announces Ad-Launchpad, a mobile advertising initiative that gives brands and content providers a direct way of finding the right advertising partners and receiving highly targeted results from their promotional campaigns. adhoc mobile, AdMob, JumpTap, MADS, ScreenTonic and Third Screen Media are already supporting this initiative with further partners to be announced over the coming weeks.

$16.7 billion was spent on online advertising in the US alone and represents 5% of all advertising spend, according to eMarketer. With more consumers accessing the internet from their mobile than a PC, mobile advertising is forecast to become mainstream by 2008 (Visiongain).

Advertising on mobile is much more targeted than on the web because handsets are personal and it is possible to identify users along with their phones, operators and countries to deliver customized advertising. Mobile advertising is also more cost effective as this identification helps to eliminate click fraud – one of the most damaging aspects of web advertising today.

“Bango enables content providers to identify and track the traffic generated from advertising campaigns so they can better understand what works best,“ said Ray Anderson, Bango CEO and co-founder. “We have tools that allow advertising clicks to be verified as originating from real users so non-typical activities such as click fraud are identified and prevented.”

How Ad-Launchpad Works

Bango Ad-Launchpad, scheduled to be available in Q4 2006, will make it easy for content providers to capitalize on the growing use of the internet from mobiles. They simply register their services at www.bango.com, select the advertising sources they want to use, determine the level of investment they want to make and activate the service.

With the Ad-Launchpad program, content providers will be able to reinvest revenue from content sales into their advertising programs. Bango will provide the advertising partner with details about the content provider enabling them to take the order.

This latest Bango initiative taps into the appetite for mobile advertising by leading brands. Mobile is the ideal channel for advertising because it can deliver more targeted results than traditional web advertising. The advertisement can be targeted to users in certain countries and on specific networks, or to particular handset makes and types.

Ad-Launchpad Partners:

Third Screen Media

“From major advertisers such as American Express, ExxonMobil and Lenovo to well known content providers, including USA TODAY, Reuters and The Weather Channel, Third Screen Media has established a dynamic mobile advertising marketplace by successfully delivering hundreds of high profile campaigns for our clients. These companies are aggressively taking advantage of the significant opportunity in WAP, video, downloadable applications and MMS that the mobile platform represents. We’re thrilled to be a part of Bango’s Ad Launch-Pad service, and to be working with one of the leaders in bringing major brands' mobile content directly to consumers." Tom Burgess, CEO, Third Screen Media

ScreenTonic

"As a pioneer of mobile advertising in Europe, we firmly believe that the ability of mobile phones to deliver targeted ads is the future of advertising. Bango’s Ad-Launchpad is a highly effective tool designed to help content providers take full advantage of this opportunity.” Didier Kuhn, ScreenTonic's CEO

JumpTap

"As a leader in the development of mobile search and advertising solutions, JumpTap offers content providers both performance based and impression based mobile advertising programs to help content providers promote their services. We appreciate the effort Bango is making to help content providers monetize the mobile channel." Eric McCabe, JumpTap's vice president of marketing

MADS

“We support Bango and the Bango content partners 100% in this initiative. Mobile advertising is already proving to be very successful in driving mobile traffic and creating awareness and interest for brands, products and services. More people around the world have mobile phones than PC’s, imagine the possibilities!” Ashu Mathura, founder and managing director MADS

AdMob

"We're very excited that Bango share our vision of the future importance of advertising on the mobile web and that the trial we've already run was so successful. The beauty of this channel is that a $10 trial proves beyond doubt that it simply works. We look forward to working with Bango customers to increase their marketing effectiveness” Russell Buckley, AdMob Managing Director, Europe

adhoc mobile:

“Mobile advertising is the ideal driver for mass creation and adoption of mobile content by making it an easy decision for users and profitable for providers. Bango’s Ad-Launchpad initiative coupled with adhoc’s highly target-able and flexible CPC solution for reaching across WAP, games, applications, etc is the ideal vehicle to enable Bango’s large base of content partners to take advantage of the rapidly growing mobile advertising market.” Ruby Pan, VP of Business Development, adhoc mobile

Content providers sign up for the Bango Service by registering on-line at www.bango.com. Bango gives content providers the tools to promote their content, understand their consumers so they can provide the best user experience and maximize their revenues. Bango’s global WAP billing platform collects payments seamlessly within a WAP session using operator billing, premium SMS, credit/debit card or PayPal. Content providers can promote and sell directly to consumers on any phone network worldwide, getting a better understanding of those consumers at the same time.

Businesses of all sizes are seizing the opportunity to engage directly with their consumers on the mobile internet. These include global brands such as News Corporation, Manchester United Football Club, Discovery Mobile and MTV, together with smaller, niche content providers.

About Bango

Bango has developed and deployed a unique open, global infrastructure platform that enables content providers to market, sell and deliver their products and services directly to mobile phone users on all mobile networks using the mobile Internet. This “direct-to-consumer” approach operates alongside the operator’s mobile content portals. Leading mobile operators including Cingular Wireless, Vodafone, Orange, Telefonica and O2 work with Bango to accelerate the growth of their “direct-to-consumer” business.

The Bango platform has given phone subscribers around the world greater access to third-party content. User in more than 130 countries and over 250 operators pay for mobile content using Bango. Bango, based in New York and Cambridge (UK), is quoted on the London Stock Exchange (AIM: BGO). For further information, go to www.bango.com.

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