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WGI Holdings, Inc.'s Subsidiary - MyBitCloud, Plans to Develop Application for Android


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Published in Business and Finance on by Market Wire   Print publication without navigation


November 30, 2012 11:16 ET

WGI Holdings, Inc.'s Subsidiary - MyBitCloud, Plans to Develop Application for Android

NEW YORK, NY--(Marketwire - Nov 30, 2012) - WGI Holdings, Inc. (PINKSHEETS: [ WGIH ]) - MyBitCloud announced today that it plans to develop applications for the Android OS.

MyBitCloud plans on developing an Android application that will allow users to access, share documents, photos, music and video from the MyBitCloud storage.

MyBitCloud 4 Android will allow users to:

- Browse files and folders and Open many file formats
- Download files directly to the device (Over-The-Air Downloads)
- View Photos directly from MyBitCloud Photo Album
- Share files and folders effortlessly
- Stream music to their Android device

Google Android is an Operating System made by the Open Handset Alliance, led by Google, for mobile devices and tablets. The first commercial version was released in September 2008 and as an opposite to Apple's iOS, Android is designed to work on devices made by third-party Manufacturers. According to new figures released from analyst firm IDC, Android shipments reached 136 million units in Q3 2012, which accounts for 75% of the 181.1 million shipments during the quarter. Or, as IDC puts it, "the Android operating system was found on three out of every four smartphones shipped during the third quarter of 2012." [ Android ]'s overall smartphone market share has jumped to 72.4% in Q3 2012, up from 52.5% in the same period last year, Gartner's latest data shows. Google's platform now has increased its market share to more than the mind boggling 90% in the world's most populous country -- China, according to the latest report by Analysis International. The share is likely even higher, but the analysts don't count knock-off Android devices. Just last year Android's share of the Chinese market was 58.2%, so that is some very, very impressive growth.

"Adding support for the Android OS should further fulfill our clients' needs and allow us to expend our service into a fast growing market," said Kyle Bendford, CTO, MyBitCloud

About WGI Holdings

WGI Holdings's goal through its operating subsidiary MyBitCloud is to become a leading provider of Personal & Business Cloud services that enable users and organizations to access ALL of their data, anytime, anywhere, and from any supported device.

MyBitCloud will enable users and organizations to have unlimited storage capability while also providing backup, synchronization, access and sharing capability of any file instantly and securely. More information can be found on our website: [ www.mybitcloud.com ]

FORWARD-LOOKING DISCLAIMER

This summary contains forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These statements address future events and conditions concerning the Company's business plans. Such statements are based on management's current expectation and are subject to a number of factors and uncertainties, such as future economic conditions and changes in anticipated revenues and costs, which may cause actual results to differ materially. The Company expressively disclaims any future obligation or undertaking to update or revise any forward-looking statements contained herein. Investors and potential investors should independently investigate and fully understand all risks before making investment decisions.



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