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MyMovies.ca Acquired by RepeatSeat 

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by TechPad Agency 9/23/08 Rating: 

Synopsis:

Certain assets of Don't Shoot the Messenger Inc., ''DSTM''), have been acquired by interactive entertainment services company, RepeatSeat, including mobile search engine, MyMovies.ca.
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The Article


Alberta, Canada - (Cheap Web Hosting Directory) - September 23, 2008 - Certain assets of Don't Shoot the Messenger Inc., ''DSTM''), have been acquired by interactive entertainment services company, RepeatSeat, including mobile search engine, MyMovies.ca.

There are more than 100 million mobile content users worldwide and the MyMovies.ca acquisition will allow RepeatSeat to be in an industry leading position at the center of this expanding market in Canada. MyMovies.ca currently has listings for over 400 theatre locations, and over 2400 screens across Canada and received over two million hits to their site from 25000 unique visitors. The acquisition of DSTM is being funded through the issuance of 160,000 RPS common shares at a deemed value of $0.25 per common share.

Bob Christianson, President and COO of RepeatSeat noted, ''The acquisition of MyMovies.ca will enable RepeatSeat to provide a more complete mCommerce solution in Canada. RepeatSeat plans to completely integrate the MyMovies.ca website by using our North American leading mCommerce movie ticketing solution allowing users to take the next logical step and purchase a ticket to the movie they searched. The opportunity to expand the service to preview U.S. movie times on the WAP deck will also serve as a vehicle for marketing our mCommerce ticketing solution into the United States movie, live event and attractions markets.''

Mobile handset and network technology has now evolved to a point where true mobile web access is widely available. Experts anticipate that by 2011, just under half of all mobile subscribers worldwide will use mobile browsing and the overall mobile entertainment market will grow from US$18.84 billion in 2006 to US$38.12 billion in the next four years.

Mr. Christianson noted, ''RepeatSeat is using strategic acquisitions like MyMovies.ca to ensure we are well positioned to take advantage of the inevitable transition to mobile from the Internet as the dominant vehicle for delivery of entertainment information, communication, ticketing and redemption. Recent increases in our Canadian mobile movie ticket sales are indicative that consumers are recognizing that their mobile device is a reliable extension of the Internet.''

DSTM is a pioneer in the wireless Internet business who launched their first wireless website, MyMovies.ca, in 2000 when the medium was brand new. This wireless site lets users check movie listings - what's playing, where and at what time shows start. Today MyMovies.ca provides movie listings, show times and movie reviews on the wireless browser for over 400 theatre locations, and over 2400 screens across Canada.

RepeatSeat is an interactive entertainment services company, offering private label ticketing throughout North America. RepeatSeat's innovative Ticket Relationship Management (TRMTM) solutions provide a proprietary portfolio of products to sporting and live event venues, tour and excursion companies, ski hills and movie theatres. All point of sale, Internet and mobile solutions feature full end-user data capture and management.

To learn more, please visit: www.repeatseat.com.



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