SYNW!!!! News out on this company!! This is the perfect bounce back play!! I have looked at the charts and there is no resistance till .119 Mac d line starting to curve back into the signal line. This is one of my picks for the week!! Also keep an eye on PLBI, TCHH, SKTO and IDOI. Here is the news on synw today!!
LAS VEGAS, NEVADA–(Marketwire – 01/11/10) – Sync2 Networks Corp. (OTC.BB:SYNW – News) is implementing its restructuring program, application roll out.
Sync2 Networks, Rolls Out Application in over 20 countries, this is being done through the Ampsc Group's global network of worldwide agents. Advertising, gaming and mobile cell apps will also be developed and distributed through our exclusive international agents. Applications are also been created in each official language that relates to the regions that our agents operate, market and live in, such as India, South East Asia, South America and the Caribbean.
One of the company's key restructuring programs will be implemented and leveraged through the new Acquisition of the AMPSC Group lead by Sync2 networks new president Mr. Ron Houle.
We are working on a transition team throughout the AMSPC network in over 20 countries. This team will transition from the AMPSC group to the new executive team that will become the new Sync2 global network. This direction represents a corporate focus on the third world application market and compliments the North American development for a truly international focus on the global application market place.
Our JV partners in India will be the first to complement our North American team to provide a global application development roll out for our advertising, gaming and mobile cell apps, first in English then Hindu. This will be followed in Spanish for South America, which will be followed by a complete agent network roll out, said Mr. Houle.
A new report by San Francisco-based analyst and consulting firm Pearl Research has forecasted the online games market in India will exceed $200 million in 2010, as part of a new “Online Games Market in India” report. The number of Internet users should exceed 150 million by 2010, making India the second-largest Internet market in Asia after China.
Indian advertising with predictions that the online segment is likely to cross the 100 million dollar mark by 2010, according to a study by MSN. India's advertising industry generates about 2.2 billion dollars annually, according to industry sources. The market is expected to witness a 27% p.a. growth from 2009-2013.
Last year, China's online gaming industry turned over 27.5 billion yuan (about 4.03 billion U.S. dollars) in 2009, according to Ma Huateng, president and CEO of China's leading Internet service provider Tencent Holdings Limited.
The global in-game advertising market, which generated $77.7 million globally in 2006, continues to develop at an exponential rate and will, by 2011, grow to $971.3 million in worldwide in-game advertising expenditures (fixed product placement/static ads and dynamic ads), according to a recent Yankee Group report.
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