ITX to Establish Mobile Business Company

Oct 01, 2004

ITX has announced that it will establish a wholly owned mobile business company, Quattro Media, by integrating its group companies' mobile business resources (not including the mobile handset sales operations). To be capitalized at 100 million yen ($910,000), the new company expects to plan, develop, and operate mobile content and ecommerce services, such as ring tones, 3D games, and online shopping Web sites. Quattro Media will also offer embedded mobile solutions to carriers and cellphone handset makers.