My new big pick is EXMT.
Remember that small caps are inherently risky so make sure you do your own research.
EXMT is trading near the bottom or it’s 6 month range: http://finance.yahoo.com/q/bc?s=EXMT.PK&t=6m&l=on&z=m&q=l&c=
With recent positive news this one could see a rally here! Take a look at the chart and you be the judge.
This past year has been one for the cell phone industry. Every other commercial on TV is about another new cell phone coming out or new rate plan.
The recent release of the Iphone 3G, the upcoming Blackberry Bold, Palm Treo Pro, and HTC Diamond Touch is going push cell phone usage to a whole new level.
Let me tell you why all these new phones is going to benefit EXMT.
With the new phones being more user friendly and multimedia oriented people will be doing more text messaging.
EXMT makes applications for text messaging. Everywhere I look I see people texting on their cell phones. Texting has become so popular that many people do it while driving!
With so many people sending text messages, the cell phone companies are cashing in on the fees. Without a text plan many users pay up to $0.20 per text!!!
This has created so much attention that Congress has asked the carriers why the rate has doubled? Read the article here: http://tech.yahoo.com/blogs/patterson/26695
EXMT is helping alleviate this problem by providing an application that connects text messages with computers. Using their application you can text message any phone around the world for free!
Using EXMT’s desktop application you can send text messages to all your friends in a chat format for free. This will be great for international travelers and business users. International text messages can cost up to $0.50 per message!!
EXMT has recently partnered up with a Chinese technology company to roll out application for enterprise operators. These include:
- International SMS Gateway
- WAP PUSH Gateway
- CDMA/3GPP Multimedia Color Message Gateway
- 2.5G/3G Mobile Local Search
- Education Platform (Patent Teacher Message eXchange)
The Hangzhou-based Technology Company is a private high skilled professional wireless technical services provider in China, supplying enterprise solutions and delivery services of SMS, MMS and WAP PUSH contents to mobile operators. Its services directly and indirectly cover most of the 500 million Chinese subscribers.
EXMT plans to focus their application and services in China where cell phone usage is much higher and the number of subscribers is over 500 Million users.
EXMT’s plan is to assemble between 500 - 1000 customers in the first year in China, such as travel agents, trading companies, manufacturers, international schools, etc and then begin to drive messaging traffic from and to China.
Arshad Shah comments “Exchange Mobile initially started international messaging services with the cooperation of partners in China and now that China is becoming more and more internationalized, these services will be of tremendous benefit to clients/customers globally.”
EXMT is very quiet right now so this could be a ground floor opportunity to get involved as they start to roll out some of these new applications. Make sure you add it to your watch list and always do you own research.
Make sure you check out their site: http://www.xcmobile.com
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