Thurs

14th Feb

2008

ROK Entertainment Group Inc. ("ROK" or "the Company"): Third Quarter and Nine Month Results to December 31 2007

LONDON—14th February 2008: ROK Entertainment Group Inc. (OTCBB: ROKE), the global mobile entertainment group, announces its financial results for the third quarter and nine months ended December 31, 2007.

Highlights

• Revenues increased for the quarter by 518% to $7.0m (Q3 2006: $1.1m)

• In the nine month period revenues were up by 203% to $7.8m from the corresponding period last year (9 months 2006: $2.5m)

• Completion of reverse takeover into Cyberfund Inc. and consequent listing on the OTC Bulletin Boards

• Acquired controlling stakes in Fun Little Movies and Rock (a subsidiary of Eikon Group Ltd)

• Nokia is offering both versions of the Group's mobile TV on its handsets. ROK TV is being pre-loaded onto the E and N series of handsets sold by Nokia in Europe and FreeBe TV on all suitable handsets in the United States

• Well positioned to take advantage of the future growth in handset numbers, which is expected to increase from 3 billion to 4 billion and be concentrated in China and the Indian sub-continent, where ROK are focusing our immediate deployments

• ROK currently has 5 registered patents and 38 additional patent applications pending for new technologies

• Corporate operations in the United Kingdom, the Peoples Republic of China, the United States and South Africa which are all active, and joint ventures in Russia, Brazil and Pakistan which are all anticipated to generate revenues by March 31, 2008

Laurence Alexander, Chief Executive of ROK, said: "We are very pleased to report results that were slightly ahead of management expectations reflecting the increase in consumer spending on value added services provided by mobile operators."

The global market for mobile devices went through 3 billion devices in the third quarter of calendar 2007 and is expected to pass 4 billion devices before the end of calendar 2010 particularly China and India. We intend to concentrate our distribution to these growth markets, which we believe are best exploited by our current technology, which gives a definitive competitive advantage. Our short term strategy is to quickly establish as much market presence as we can, followed by heavy cross selling of products and services to make us "sticky" with consumers and our local marketing partners in each of the territories. As a result the Board looks upon the future with confidence and firmly believes in its ability to deliver shareholder value.”

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