Oxford, MS 3/29/2011 (Penny PayDay) -- Thwapr, Inc. (OTC:THWI), a social mobile video and photo sharing service, today announced, in a press release, that it is offering both brands and agencies a white label service for sharing video content to mobile devices in a fully branded viewing environment. As I write, shares of Thwapr were down 14 percent at $0.36 per share on volume of just over 91,000 shares compared to its average daily volume of 132,000 shares. The company has a market cap of $18 million and a 52-week range between $0.20 and $1.83 per share."We understand that marketers want to control their message and brand experience," says Bruce Goldstein, CEO, Thwapr. "They trust Thwapr to deliver a great mobile video experience and provide a consistent visual representation of their brand across a wide range of devices. No app required."
Thwapr's cloud-based mobile video sharing services enable brands to effectively reach and motivate customers through video regardless of device, network or carrier. The Company's white label program is designed to put brands in complete control of their mobile video user experience by offering each client a viewing environment.
Brands who have used Thwapr to connect with fans and customers include professional sports, music and entertainment brands such as the Miami Dolphins, the NHL's Phoenix Coyotes, the Vans Warped Tour, the Rockstar Energy Drink Mayhem Festival and the Lordz of Brooklyn, among others, according to the press release.
Founded in 2007, Thwapr strives to make mobile video sharing easy to use for both users and brands. Thwapr empowers users to get their moments moving and enables brands to mobilize and monetize content, extending distribution reach while delivering the highest possible quality and user experience regardless of device, network or carrier. Founded by digital video pioneers from Apple, Avid and MTV, Thwapr's patent-pending technology is revolutionizing mobile video.
For more information, please visit: www.thwapr.com.
Thwapr, Inc. (OTC:THWI), a service for mobilizing and monetizing branded video content, today announced that the Board of Directors of the Company has approved a 3-for-1 common stock split. Shareholders of record on February 4, 2011 will receive two additional shares for each share held.