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Akoo International Inc., a media and technology innovator, today announced that it has been awarded a patent for its interactive media and marketing platform by the State Intellectual Property Office (SIPO) of the People's Republic of China. The platform enables mobile device users to make on-demand content requests and interact with social television services, digital out-of-home or digital place-based media networks, and video advertising networks through a mobile app, a web app, or SMS text messaging. Akoo also announced that the Company intends to launch its social television network in China and that it is currently evaluating local strategic business partners.
"With our expansion into China, Akoo's interactive platform has the ability to connect more than 800 million Chinese mobile device users with advanced social television services, digital screen networks, in-store solutions, and cinema advertising in one of the most dynamic advertising marketplaces in the world," said Niko Drakoulis, Akoo International's Founding Chairman and Chief Executive Officer.
Akoo International's interactive platform currently powers its Akoo social television network in 62 major markets across the United States, where it reaches an audience of more than 90 million consumers each month in the nation's premium shopping malls and universities.
Akoo launched its U.S. network in 2009 and received the first of its multiple U.S. patents in January 2010. In October 2010, the Company also named former Discovery Networks President William "Billy" Campbell as its President. Campbell oversees Akoo's media networks, including operations, programming, consumer marketing, business development, and advertising sales.