|[August 28, 2014]
CellAd Seeks Its Share of $18 Billion Mobile Advertising Market with the Launch of Its Advertising Platform and AdKoin App at ad:tech London
NEW YORK --(Business Wire)--
World Assurance Group, Inc. (www.worldassurancegroup.com) (OTC
Pink:WDAS) today announces that it will be exhibiting at ad:tech London
where it will launch its AdKoin app and advertising platform.
According to Gartner (News - Alert), global mobile advertising spending is forecast to
reach $18.0 billion this year, up from the estimated $13.1 billion in
2013. The market is expected to grow to $41.9 billion by 2017. Gartner
said that display formats will make up most of the revenue, but video
will show the highest growth.
CellAd is now launch ready, following extensive market research and
testing of its advertising platform and smartphone app. CellAd displays
ads to smartphone users every time they receive a call or message,
without interrupting the call flow and then rewards users with AdKoins
for viewing these ads. AdKoins can be redeemed against advertiser
offers, converted to call credit at favorable rates or converted to cash.
Subscribers download the AdKoin app from Google (News - Alert) Play, submit their
profile details and when they receive their next call or message, a full
screen ad appears on their smartphone. Subscribers can can temporarily
skip the ad to take their call or message and on completion, the ad
resurfaces. These opt-in users get rewarded for viewing ads, advertisers
get user confirmed ad views and CellAd gets paid for displaying these
ads. Depending on the ad functionality, subscribers can click on the ad
to call the advertiser, click through to the advertiser's website or
click to buy the advertised product and all from their smartphone.
Further advertising details can be found on CellAd's website, http://www.cellad.com.
CellAd have partnered with World Global Network, Pte Ltd to grow its
AdKoin subscribers and already beta downloads exceed 150,000. For more
details see http://products.worldgn.com/lang/en/gmn/adkoin/.
Once the AdKoin app is launched, it will be free to access and it is
expected that growth will be viral as AdKoin rich subscribers share the
app through their phone book and via social media.
On 21-22 October CellAd will exhibit at ad:tech London where forward
thinking brands, agencies and media owners are seeking new suppliers.
CellAd will launch its advertising platform and AdKoin app at ad:tech.
For more details, see: http://ad-techlondon.co.uk.
Mr Sean McVeigh, CellAd's Chief Executive Officer says "After extensive
technology testing and market research, we are now ready to launch our
cloud based advertising platform and AdKoin app into an exploding mobile
In addition to supporting display ads, we are ideally positioned to
capture the expected video ad market growth. We believe that our
combination of sticky, high visibility, functional mobile ads will sell
product and build brand loyalty in today's noisy mobile world - and that
is a powerful and unique mix of capabilities. The upcoming ad:tech event
will give us direct access to big brands and ad agencies who have
established mobile ad budgets and who seek new routes to their target
We are working to secure regional based advertisers who can take
advantage of our geo-targeted capabilities. With the introduction of
AdKoins, which can be redeemed against advertiser offers online or
locally, we believe we have a recipe for engaged users and excited
About World Assurance Group
World Assurance Group, Inc. (WDAS) is a holding company operating
through three wholly owned subsidiaries. WOR(l)D Global Group Inc.,
based in Miami, Florida is the group's research center. World Global
Assets is an intellectual property licensing company based in Singapore.
based in Dublin, Ireland, operates in the global mobile advertising
industry and has developed a revolutionary new cloud based advertising
platform and AdKoin app, that delivers full screen advertisements every
time a subscriber receives an inbound call or text message in return for
This press release contains forward-looking statements. Words such as
"expects", "intends'', "believes'' and similar expressions reflecting
something other than historical fact are intended to identify
forward-looking statements, but are not the exclusive means of
identifying such statements. These forward-looking statements involve a
number of risks and uncertainties, including the timely development and
market acceptance of products and technologies, the ability to secure
additional sources of finance, the ability to reduce operating expenses,
and other factors described in the Company's filings with the OTC
Markets Group. The actual results that the Company achieves may differ
materially from any forward-looking statement due to such risks and
uncertainties. The Company undertakes no obligation to revise or update
any forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release.
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