Mediabricks AB acquired by Handmark

Mediabricks AB acquired by Handmark

TELECOMWORLDWIRE-20 June 2005-Mediabricks AB acquired by Handmark(C)1994-2005 M2 COMMUNICATIONS LTD

Handmark Inc, a provider of mobile media content, has announced that it has acquired Mediabricks AB, a developer of advanced software for publishing, distributing and presenting online media services to mobile devices.

The acquisition expands the ability of Handmark to provide applications to wireless service providers and their customers, the company said.

As part of the purchase of Mediabricks, which is to be known in future as Handmark Europe, the company has named Konstantin Zervas as Chief Technology Officer of Handmark. Zervas is co-founder and CTO of Mediabricks.

The two companies hope to improve their expertise in mobile applications and services, especially “Java-push” services which are currently exemplified by the Handmark Pocket Express wireless service bundle of news, weather, stocks, sports, movies, maps, directories, and driving directions, said Handmark.

Financial terms of the deal were not disclosed.

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