Pixatel Records Best Quarter in Company's History

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Pixatel Achieves Record-Setting Quarter as OEM, Mobile Operator and Retailer Adoption of Subscriber Equity Solutions Accelerates.

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Not only did we establish company records for revenue and new partnerships, but this explosive growth validates our ability to create significant value and differentiation for our distribution partners, enabling them to sell more mobile devices.

Pixatel Systems, the leader in Subscriber Equity Management, today announced a record quarter with an over 100% increase in revenue over Q1 2012. Growing its market leadership, Pixatel achieved record-setting adoption of its Android Productivity Suite and mBazaar managed appstore. Over the last quarter, Pixatel expanded its operations in South Asia and also entered into new partnerships with leading OEM’s and retailers in Southeast Asia and Latin America.

"This was another very strong quarter for Pixatel," said Prabhjot Singh, President and CEO of Pixatel Systems. "Not only did we establish company records for revenue and new partnerships, but this explosive growth validates our ability to create significant value and differentiation for our distribution partners, enabling them to sell more mobile devices. We attribute these exceptional results directly to our outstanding product quality, an unwavering commitment to user experience, and our proven business model."

Last quarter, Pixatel released its mBazaar App Store platform – a white label App Marketplace, upgraded the Exclaim mobile app gift card platform and also shipped a new version of its Android Productivity Suite. OEMs, mobile operators, and retailers can license Pixatel’s solutions to generate new sources of recurring revenue while adding value to Android based mobile devices such as smartphones, tablets, and set-top boxes. Pixatel leverages its distribution partners to deliver best-of-breed games, utilities, and productivity applications so consumers enjoy a unified experience across all categories.

“As a leading education and technology company, we were excited to partner with Pixatel to provide a robust software stack that offers a compelling experience for our consumers,” said Stephan Thieringer, President & CEO of AcrossWorld Education, the makers of the ATAB, hailed as a leading educational tablet. “The integrated user experience that Pixatel offers is unique and efficient to addressing our users’ needs and keeps our customers up to date with our constant mobile enhancements and access to the growing store of new education applications we will be offering going forward.”

Pixatel works with partners to determine the application mix that is right for their consumers and leverages its proprietary application catalog and industry partnerships to source appropriate content for target demographics. By delivering engaging applications, Pixatel enables end users to maximize the utility of their mobile devices while increasing consumer satisfaction.

About Pixatel Systems

Pixatel Systems is the leading provider of Subscriber Equity Management (SEM) solutions. Pixatel helps the world's leading device manufacturers, mobile operators, and corporations deliver innovative value-added services and content to mobile devices while creating new monetization channels to increase revenue and grow market share.

About AcrossWorld Education

AcrossWorld Education is a global technology platform and infrastructure company creating an ecosystem for Open Content in education that empowers individuals and institutions to excel at teaching and learning by making it easy and inexpensive to connect, collaborate and innovate. AcrossWorld Education is passionate about addressing the systemic challenges in education and learning, how people are impacted, underserved, and without access to relevant and meaningful resources. The AcrossWorld technology platform addresses these challenges, while providing customized product and service offerings for the entire spectrum of users in private and public institutions.

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John Murray
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