SAN JOSE, CALIFORNIA--(Marketwire - 12/16/10) - Mobile Data Corp. (PINK SHEETS:MBYL - News) (www.mobiledatacorp.com) announces that their parental monitoring and child protection application has been re-branded as the MDC-KidTracke™ (as publicized in the press release of November 19, 2010).
MBYL has undertaken this re-branding to ensure that there is no confusion in the marketplace regarding software applications similar to 'WheresMyKid'. This step will provide complete name differentiation and enhance the MDC brand. MBYL feels that this re-branding can ensure that they will not impinge on existing products that may be registered or trademarked, in whole or in part, that currently use the word 'WheresMy Kid' in any form.
In other company news, and as a clarification further to the news release of December 14, 2010, Mina Mar Marketing Group (MMMG) was retained by a third party majority shareholder to commence coverage on MBYL. MMMG has been retained by Palisade International to act as the IR company for MBYL. MMMG intends to cover MBYL for a period of four (4) weeks. By recruiting MMMG, the third party hopes that MBYL will create better communication channels and update investors on company events on a timely basis and frequently communicate with company shareholders, and assure company's transparency and compliance with Pink Sheets.
MBYL management will keep shareholders and prospective investors up to date as the company embarks on the journey to raising the company's value for shareholders.
About Mobile Data Corp. (MBYL)
Mobile Data Corp. is a software development and business solution provider for the convergence of wireless telephony with Internet based computer technology. As a Select Member of the BlackBerry® Alliance Program, Mobile Data Corp. focuses on creating a variety of useful business and personal applications for the BlackBerry® platform.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Mobile Data Corp. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. Mobile Data Corp. cautions you that any forward-looking information provided by or on behalf of Mobile Data Corp. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Mobile Data Corp.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Mobile Data Corp.'s control. In addition to those discussed in Mobile Data Corp.'s press releases, public filings, and statements by Mobile Data Corp.'s management, including, but not limited to, Mobile Data Corp.'s estimate of the sufficiency of its existing capital resources, Mobile Data Corp.'s ability to raise additional capital to fund future operations, Mobile Data Corp.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Mobile Data Corp.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Mobile Data Corp. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
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