Exclaim Mobility Acquires SmrtGuard Mobile Security Cloud-service Applications

Company acquires assets of Smart Solutions, Inc. and award-winning SmrtGuard security applications for BlackBerry and Android mobile devices

PRINCETON, N.J.--(BUSINESS WIRE)-- Exclaim Mobility, Inc. announced today that the company will launch a new consumer mobile device security service, Snap Secure, as a result of the company’s recent acquisition of Smart Solutions, Inc. and its award-winning SmrtGuard mobile security, privacy, data backup and restore application.

Two out of three BlackBerry devices, three out of four Windows Mobile devices and just about every Android device have malware infections. Specifically, consumers using Android devices, according to a report released by McAfee in August, were targeted with malware attacks 76 percent more over the previous three months, making it the most vulnerable system in the mobile market.

“As consumer adoption of smartphones and tablets continues to see exponential growth, security and data protection is becoming increasingly important to mobile users,” said Jiren Parikh, President and CEO of Exclaim Mobility, Inc. “Snap Secure will give consumers enhanced security from viruses, malware, and data loss, as well as privacy management which is critical for consumers who rely heavily on their mobile devices as a primary computing platform. We have a great opportunity to capture a part of the growing global mobile security market, which is expected to reach $8.2 billion by 2015, and deliver world-class security for consumers who want to protect their devices, personal information, financial data and content, including photos, videos, music, documents, as well as email and SMS messages.”

Consumers are increasingly storing critical personal information and critical content on mobile devices, putting them at risk of a wide range of security threats. Over three billion new smartphones and tablets are expected to ship worldwide by 2015, in addition to the billions of mobile devices already on the market.

The Snap Secure mobile applications and cloud connectivity for backing up and restoring critical application and user data will build on the success of SmrtGuard as an Android and BlackBerry device security platform, which was named one of the best security apps by eSecurity Planet. Exclaim Mobility will expand device support to tablets, personal computers, televisions and other internet-enabled media devices under a unified offering and monthly subscription. Furthermore, mobile device support will be expanded to include Symbian, Windows and certain Java feature phones in 2012.

As part of this acquisition, SmrtGuard’s founder and CEO, Robert Kao, will join Exclaim Mobility’s senior management team as Vice President.

About Exclaim Mobility

Exclaim Mobility, Inc. is a fast-growing and profitable developer of consumer cloud-service applications for managing content on mobile devices and other internet-enabled consumer electronics. Its applications under the Snap, Snap MyLife, Snap Music and Snap Secure brands allow consumers to leverage cloud-services with simple, yet powerful applications for content sharing, messaging, editing, streaming, backup and synchronization, as well as device and content security across virtually all consumer electronics device categories. Exclaim is headquartered in Princeton, NJ, and is backed by Edison Ventures and Sycamore Ventures. For more information, visit www.Exclaim.com.

CONTACT:

Gregory FCA
Matt McLoughlin
Account Supervisor
610-228-2123
Matt@GregoryFCA.com

KEYWORDS:   United States  North America  New Jersey

INDUSTRY KEYWORDS:   Technology  Data Management  Internet  Networks  Software  Telecommunications  Security  Mobile/Wireless

MEDIA:

Logo