WOWIO Announces Platform Development Deal with Giantsource

WEST HOLLYWOOD, CA / ACCESSWIRE / February 3, 2015 / WOWIO, Inc. (WWIO), a digital media company with a patented process for inserting ads into eBooks, a mobile eBook distribution platform, and a proprietary mobile ad network, today announced that the company has entered into a development agreement with Giantsource, to develop a new white-label eBook distribution platform, utilizing WOWIO's proprietary patented process for an eBook ad-delivery system.

Led by owner & architect Billy Niemeyer, Giantsource designs, defines and develops digital entertainment for studios and sports networks. The company, made up of engineers, architects, designers, product specialists and QA experts, has built metadata management systems, digital supply chain platforms, digital asset management systems, and rights management all the way up to consumer destinations and VOD platforms. Niemeyer and the Emmy Award winning Giantsource team have designed, managed, built and implemented platforms for Fortune 500 companies in the media and entertainment space as well as sports networks and well-known entertainment web properties.

"Giantsource people think outside of the box," said Brian Altounian, WOWIO's chief executive officer. "They've been solving problems for some of the largest companies in the world for years. When we approached them about Wowio and our goals, their enthusiasm and interest was immediate. We identified the overlap in our individual visions and began laying the groundwork for working together. Giantsource is augmenting and weaponizing the Wowio offering, which will then allow us to provided an impactful service to eBook publishers and content creators worldwide."

"Technology is giving us new ways to express ourselves and make a living doing it, that is where we see the opportunity," said Niemeyer. "Creating a Software as a Service (SaaS) offering to allow publishers to directly monetize and distribute their own content is the first step. After that we intend to up the ante and implement a best-in-class content creation tool that will allow writers and authors to tell stories in a powerful and visually stunning way that fully leverages the power of the digital medium. All of this anchored and supported by Wowio, Brian and their patented technologies."

"In addition to their patented monetization process, Brian and the Wowio team have a breadth of experience in what works and what does not in the eBook world that, when combined with Giantsource technology, gives this product a definitive edge in the market place," said Niemeyer.

The companies expect to demo the new platform during the first quarter of 2015, generating platform fees, license fees, and advertising revenues with the first publishers to sign on. The companies are also targeting major advertisers to be "anchor" partners for their proprietary online eBook reader.

About WOWIO, Inc.

WOWIO, Inc., (WWIO) is a technology development company with a patented process and a proprietary mobile ad-delivery platform that will disrupt the eBook distribution landscape by exploiting a previously untapped marketplace: Ad-Supported eBooks! Our exclusive ownership of an issued patent that governs this opportunity allows us to expand our reach as a digital media company far beyond producing and distributing content across multiple platforms. To learn more about WOWIO, please visit our corporate website at http://www.studiowdigital.com.

Corporate contact:

Brian Altounian
(310) 807-8188
baltounian@wowio.com

Shareholder Inquiries:

Juan Ferreira
(407) 399-8190
jferreira@ncsecurities.com

About Giantsource

Giantsource designs, defines and develops digital entertainment. We build metadata management systems, digital supply chain platforms, digital asset management systems, and rights management all the way up to consumer destinations and VOD platforms. We are based in Los Angeles because we love Movies, Music and Games. In short, we love entertainment. For more information about Giantsource, Inc., visit them at http://www.giantsource.com

Corporate Contact:

Billy Niemeyer
Owner
(310) 279-5092
billy@giantsource.com

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

SOURCE: WOWIO, Inc.

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