Exclaim Mobility Acquires Mobile Music Streaming Business of Didiom

Leading Mobile Content Sharing and Socialization App Provider Purchases Award-winning Mobile Music Place-shifting Technology and Applications

PRINCETON, N.J.--()--Exclaim Mobility, the leading provider of mobile photo sharing and socialization applications, today announced that it has acquired certain assets and businesses of Didiom LLC, an award-winning mobile media service provider offering the world’s first hybrid service for place-shifting and streaming music from home computers to mobile phones. Through this acquisition, Exclaim Mobility will extend its Snap Platform and portfolio of consumer mobile applications beyond photos and video to enable consumers to stream, share and manage music and audio between consumer electronic devices.

This acquisition further advances Exclaim’s position as the leading provider of applications and services for sharing photos, video and music across consumer electronic devices, social media communities, UGC portals, print retailers and more. Didiom’s technology will be integrated into Exclaim’s Snap Platform, and will be used to create the upcoming Snap Music™ service in the second quarter of 2011.

“Through this acquisition, Exclaim is taking another step forward in delivering on our vision of providing users with the most comprehensive set of offerings for managing and sharing their photos, video and music, anywhere, anytime and to any device,” said Jiren Parikh, president and CEO of Exclaim. “The Didiom technology will result in Snap Music, a key addition to our portfolio of media sharing and socialization apps and services for mobile consumers, and a wellspring of additional data revenue opportunities for wireless carriers worldwide.”

Exclaim continues to build upon its success in the mobile app market, rapidly growing its paying subscriber base to more than 400,000 users. The company was recently recognized by AT&T’s Developer Program with the Deliver Award for outstanding sales and marketing, and announced Snap TV™, an application that will enable users to view and share mobile photos through Internet-connected televisions. Snap TV and Snap Music will leverage the soon-to-be released Snap MyLife™ UGC cloud portal, which will enable Snap TV, Snap Mobile™ and other upcoming Snap consumer electronic device application subscribers to exchange, share and update photos, video and music between their various devices and social media and content portals.

Exclaim was advised by SorinRoyerCooper LLC on the transaction, with Miller, Matthias & Hull, LLP representing the company on intellectual property matters.

About Exclaim Mobility

Exclaim Mobility, Inc. is the leading publisher of applications that make it easy for consumers to access, socialize, manage and backup user-generated content (UGC) from consumer electronic devices, regardless of where the content is located. The company publishes Pictavision® and Snap Mobile, the top-selling UGC application for mobile phones in the Americas, which are available for Java, BREW, BlackBerry, Windows and Symbian devices. The company’s upcoming Snap-branded UGC management applications for various consumer electronic devices, cloud service platform and developer APIs simplify the ability to integrate photo and video management into consumer electronic devices, as well as the monetization process for UGC flowing through service provider networks. Exclaim is headquartered in Princeton, N.J., profitable and backed by Edison Ventures and Sycamore Ventures. For more information, visit www.exclaim.com.

Contacts

Schwartz Communications
Dave Bowker or Joe Palladino, 781-684-0770
exclaim@schwartz-pr.com

Release Summary

Exclaim Mobility acquires mobile music streaming business of Didiom. Leading mobile content sharing and socialization app provider purchases mobile music place-shifting technology and applications.

Contacts

Schwartz Communications
Dave Bowker or Joe Palladino, 781-684-0770
exclaim@schwartz-pr.com