The New York Times called VRNG “the next big thing in ringtones”. USA Today said their service has “to be seen to be believed”.

Supplying the World with Industry Leading Mobile Video Technology In addition to its Video Ringtones technology, Vringo has recently developed three new mobile application product platforms including Facetones™, Video ReMix and Fan Loyalty. 

Larry Isen, editor of The OTC Journal target the stock price at above $2.60 in the short term  while it is trading around $1.40 at the moment.  Isen projects a $5.00 stock price longer term.

Products -

Facetones™ initially connects with Facebook®, the world’s leading social media site.

Vringo’s Video ReMix application allows users to create their own music video by tapping on a Smartphone or tablet, in partnership with music artists and brands.

Lastly, Fan Loyalty is aplatform that lets users interact, vote and communicate with contestants in reality TV series and even set their performances as video ringtones.

Intellectual Property-

Through all of its various technologies and platforms, Vringo is constantly strengthening its intellectual property portfolio, with 22 patent applications filed for the Vringo platform to date, two of which have been issued.

Lead Investors-

In July 2011, prominent venture capital firms Benchmark Capital and DAG Ventures’ led a $2.5 million financing in Vringo. These leading Silicon Valley venture capital firms previously invested in leading technology companies such as eBay (EBAY), Twitter, Zipcar (ZIP), AdMob (acquired by Google), Segway, and Yelp. This investment not only leverages Vringo’s strong portfolio of mobile social and video applications, but also validates Vringo as a new leader in the mobile social arena.

Strategic Alliances-

In connection with the investment, Vringo also announced a Letter of Intent to acquire and merge operations with Zlango Ltd., a mobile messaging company.  Zlango’s progressive media messaging services can effortlessly add icons, themes and images to standard text messages, creating an interactive social messaging experience for users.

The combined company intends to leverage Zlango’s rich media messaging services with Vringo’s strong portfolio of mobile social and video applications to create a new leader in the mobile social arena.

Existing Subscribers-

Vringo’s commercial Video Ringtones service has already seen substantial milestones, with its service having exceeded over 325,000 subscribers. The Company is in ongoing discussions with several other mobile carriers and will continue to pursue new agreements over the coming quarters.

Spain, Latin Amrerica-

Vringo’s other platforms are seeing success as well. In July 2011, Vringo’s  Facetones™ application was launched with BlueVia, the global developer platform for Telefonica, the largest Spanish-speaking mobile operator in the world, which has more than 290 million customers.

Malaysia-

Celcom is Malaysia’s biggest mobile service provider, and the one VRNG didn’t have. VRNG has Celcom now, as was announced just before the market opened today.

Celcom is the biggest in Malaysia, boasting 11 million customers, and its network reaches 98% of the population. Celcom is part of the Axiata Group of Companies that reaches 160 million customers across 10 Asian nations.

Here’s what I find interesting. VRNG’s APs get marketed by the second largest mobile carrier in Malaysia. 300,000 downloads later, all of a sudden Celcom, the largest carrier in Malaysia, is offering their APs as well.

Japan-

In addition, Facetones™ was recently launched in Japan for Android users through the docomo market, a mobile internet portal operated by NTT DOCOMO, INC., the largest mobile phone operator in Japan, with more than 50 million customers.

The Middle East -

Vringo also recently launched the first application of itsnew Fan Loyalty platform via an ad-supported service on Nokia mobile devices in partnership with Rotana, the world’s largest producer of music and music television in the Middle East.

The application features exclusive content and fully integrated live voting capabilities for the blockbuster “Star Academy” reality music show, which reaches over 300 million viewers in over 10 countries in the region. Vringo intends to integrate its Fan Loyalty platform for various other reality TV shows in the future.

India-

However, one of Vringo’s most significant future growth drivers involves the launch of its service in India, one of  the world’s fastest-growing mobile markets with over 750 million mobile subscribers. Vringo’s partner in this market, Hungama, is the largest source of digitally available Bollywood and South-Asian entertainment content in the world. This service with Hungama is available to 500 million mobile subscribers on 15 different Indian mobile carriers including Reliance, Bharti Airtel and Tata.

With a highly experienced management team, strong growth drivers in the mobile social and video industry, and technology that has been heralded by The New York Times as “the next big thing in ringtones” and USA Today as having “to be seen to be believed,” Vringo is positioned to capitalize on the extraordinary demand for video ringtone technologies, with an unequivocal commitment to building long-term shareholder value.

Market Drivers-

• There are 5 billion mobile subscribers globally in 2011.

• Mobile social networking is growing exponentially and is estimated to reach $11.8 billion in 2013, according to Juniper Research.

• User generated content continues to grow and platforms like YouTube are only the beginning of the technologies that will be created to enable new types of user generated content.

• Consumers are no longer afraid of mobile applications.

Corporate Drivers-

• Vringo allows the user to engage in a cutting-edge,entertaining, and easy-to-use social video ringtone experience.

• Subscription-based model creates an opportunity for Vringo to build a strong source of recurring revenue.

• 22 patent applications filed for the Vringo platform (two of which have been issued to date) and continuing to create new intellectual property.

• 40 different licensing agreements for content to be used for the Video Ringtones as well as for the Video ReMix platform.

• 12,000+ video ringtones and mobile video content, which Vringo believes is has one of the largest commercial mobile video libraries in the world.

• Vringo received $2.5 million investment led by prominent venture capital firms Benchmark Capital  and DAG Ventures.

• LOI to acquire Zlango and leverage its rich media messaging services with Vringo’s strong portfolio ofmobile social and video applications.

• Facetones™ platform recently launched on Spain’s  Telefonica, with 290+ million customers and Japan’s NTT DOCOMO, with 50+ million customers.

• Fan Loyalty platform launched with live voting capabilities for blockbuster “Star Academy” reality music show, with over 300 million viewers.

• Expanding into high-growth markets such as India through Bollywood-aggregator Hungama, with 500million mobile subscribers.

Vringo is a stock to watch and have some fun while doing it!