Kallelse till bolagsstämma May 4, 2011
Receives Patent in Australia Nov 17, 2010
Half year report 2010 Aug 27, 2010
Starts subsidiary in the Philippines Oct 25, 2010
24h Technologies launches a beta version of Mavshack.com, a website dedicated to provide Filipino content to Filipino migrants and Overseas Filipino Workers (OFWs) in North America. Read more
24h Technologies AB is in full swing with the creation of new businesses in the Philippines. After successfully closing the deal with one of the country’s largest entertainment companies, Viva Entertainment, Inc. in May, 24h Technologies AB, through its subsidiary 24h Technologies Manila, has signed a Memorandum of Agreement with the Central Luzon Broadcasting Corporation or CLTV this month.
24h Technologies AB (publ) continues its expansion through the creation of a Sales and Marketing office in North America. 24h Technologies North America Inc. is based in Toronto, Canada and headed by Nicole Ruebenfeldt.
24h Technologies has entered into a joint-venture agreement with MNet (True) Indonesia to launch their groundbreaking web distribution tool on the Indonesian market. The new company, PTE True 24h Indonesia, will launch its website (www.truecast.tv) during autumn 2011.
24h Manila har ingått avtal med Viva Entertainment Inc. Filippinernas största producent av film och musik. I affären ingår rättigheter till långfilmer, TV-serier, musikvideos, kommande live-konserter och andra evenemang. Vidare ska 24h även digitalisera Vivas klassiska katalog av filmer. Viva Entertainment har även utsetts till ”preferred partner” av 24h Manila och kommer att bistå med sitt kontaktnät för att upphandla ytterligare innehåll åt 24h.
”För 24h gruppen är detta ett klart genombrott, jag är mycket stolt över vår asiatiska organisation som har fått ihop denna affär, säger Jonas Litborn, VD 24h gruppen. Målet är nu att lansera Vivas innehåll först och främst i USA och Kanada. Affären är ett led i 24h:s affärstrategi att distribuera lokalt innehåll globalt fortsätter Jonas Litborn.” Read more
Welcome to 24h Technologies. Please bear with us while we get our new website up and running completely. Most of the functions are there and working, that’s why we “pre-released” it.
If you should find any bugs and issues – please let us know.
24h Technologies subsidiary, Tradix AB, has received patents in Australia. The patent protects Tradix solution for distributing advertisements over peer-to-Peer Network.
The patented solution is to use a combination of central server, and Peer-to-peer network, where advertisements are distributed in two stages. The advertisement consists of an advertisement in a first step taken on the server and may contain one or more video or other information-rich presentations. Presentations available for download in a second step by indications in the ad and distributed through a peer-to-peer network formed by users and managed by the server.
The solution offloads the server and increase advertising effectiveness by eliminating congestion and delays for network users.
Tradix already has a patent for their settlement in India and operates the corresponding patent applications in the U.S., Canada and New Zealand.
24h Technologies is establishing a subsidiary in the Philippines. The company, 24h Manila Technologies Inc. becomes the group’s base in Southeast Asia.
24h Technologies Inc. Manila is controlled to 90% of 24h Technologies AB (publ), the remaining 10% of the company’s local managment.
“With our sales office in Manila will strengthen our local profile, which gives us a better position when we quotes our various products in the area,” said Jonas Litborn, President 24h Technologies.
“I am very proud to Be part of 24h Technologies and look forward to launching the 24h group peer-to-peer and streaming products in the Philippines and Other parts of Southeast Asia,” says Rustico Velasco, CEO, 24h Manila Technologies Inc.
We will be back shortly with the details of the activities already underway in the area.
Significant events during the second quarter:
Significant events after the second quarter:
Press here to read the full report.
