BEIJING, CHINA--(Marketwired - Jan 20, 2016) - Moxian, Inc. (OTCQB: MOXC) today announces that its subsidiary, Moxian Technologies (Beijing) Co. Ltd., was authorized by Xinhua New Media Culture Communication Co. Ltd. as the exclusive reseller of its advertising space in the gaming industry and its exclusive partner in information and operation of the gaming platform in the Xinhua New Media App.
Per the five-year cooperation agreement, Moxian will enjoy all rights within the scope of authorization and cooperation. In the efforts of promoting Xinhua New Media App and increasing user's stickiness, Moxian will assist it on realizing interactive reading of advertising with rewards, whereby users of the application will be rewarded with Mo-Coin and Mo-Point when participating interaction and clicking on any advertisements, then users can log into Moxian Platform to redeem their rewards.
The Xinhua New Media App has more than 110 million users with 10 million daily active users. As an exclusive Xinhua New Media gaming partner, Moxian will leverage the opportunity to promote its games on the platform that will register and capture a large number of active users and young users into Xinhua New Media APP.
The agreement opens for Moxian a new source of revenue, as well as simultaneously enhances the company's deeper cooperation with Xinhua New Media Centre. In addition, this cooperation will boost Moxian's visibility and influence in the market space; through the game platform collaboration, Moxian will garner more users within a short time.
"This strategic cooperation agreement with Xinhua New Media Culture Communication Co. Ltd., a Xinhua Media affiliate, lays a solid foundation for Moxian's future promotions and developments, while also gradually yet effectively driving the Moxian App into the Internet mainstream," comments Moxian CEO Tan Meng Dong James. "We look forward to the headway and potential this mutually advantageous deal provides both companies."
About Moxian
Moxian engages in the business of providing social marketing and promotion platforms to merchants who desire to promote their businesses through online social media. The company's products and services aim to enhance the interaction between users and merchant clients by allowing merchant clients to study consumer behavior through data compiled from our database of users' activities. Moxian designs its products and services to allow merchant clients to run advertising campaigns and promotions targeting their customers. Moxian's platform is also designed and built to entice users to return frequently and to encourage new consumer users to subscribe its website.
For more information visit: http://moxian.com
Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
