This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

NQ Mobile(TM) Subsidiary, FL Mobile(TM), Announces A Strategic Distribution Contract With Baidu, #1 Ranking By EnfoDesk Analysys International, And Presentation At Casual Connect

BEIJING and DALLAS, July 23, 2013 /PRNewswire/ -- NQ Mobile (NYSE: NQ), a leading global provider of mobile Internet services, today announced that its subsidiary, Beijing Feiliu Jiutian Technology Co. (FL Mobile) a leading social mobile platform in China, signed a new strategic cooperation agreement with Baidu. Under the agreement, Baidu DuoKu will be the exclusive publisher of the FL Mobile developed game, The Martial Arts Champion ( Wu Lin Meng Zhu) on the Android platform in China. FL Mobile has been the exclusive publisher of this game on the iOS platform since February 2013. During this time the game has remained ranked in the top 30 grossing games on iOS and reached a ranking in the top 8 at one point.

(Logo: http://photos.prnewswire.com/prnh/20121224/CN34262LOGO)

EnfoDesk Analysys International (EnfoDesk), a major market tracking company, also issued its latest report on the mobile gaming market in China. According to the report, FL Mobile became the number one publisher on the iOS platform and increased its market share to 36.6 percent in the first half of this year. This #1 ranking includes the top spot for both revenues and number of mobile users. The report also highlights FL Mobile's growing presence across all platforms, not just the iOS platform. According to the report, FL Mobile ranks #3 across all platforms for both revenues and mobile users and maintains 18.8 percent share of total revenues in the first half of the year. The full copy of this report can be found directly on this link to EnfoDesk's own website: http://www.enfodesk.com/SMinisite/maininfo/articledetail-id-368572.html

Currently, FL Mobile has 13.7 million active users globally and a steady download rate of 10 million per month. Some of the new games published by FL Mobile so far in 2013 include: QQYujian – FL Extreme Edition; Fight Three Kingdoms; Gods and Dragons; Gun and Blade; and War-Flame Online.

"We look forward to our ongoing growth and expansion of our new games into additional markets this year, such as our top ten-rated game, Gods and Dragons, in international markets on iOS and Android platforms soon," said Dr. Tony Ni, Founder and CEO of FL Mobile, "Under NQ Mobile, we will continue expanding our combined user base and to gain even better customer insights for our new games, to provide a better user experience in China and around the world."

Additionally, Jerry Vuong, Vice President, International Operations, FL Mobile, will speak at the Casual Connect gaming conference in San Francisco, Calif. On Wednesday, July 31 regarding four critical factors that Western developers must consider in order to find success in the exploding mobile market in China. Using their games including, Little Ninja, Mr. Vuong will illustrate how FL Mobile found success by mastering distribution, community, culturalization and monetization of their products.

"FL Mobile's forthcoming global expansion will continue to broaden our offerings to our large user bases, while enhancing our ability to engage with consumers in new and unique ways, further positioning NQ Mobile to become a leading mobile Internet service platform company," said Dr. Henry Lin, Founder, Chairman and Co-CEO of NQ Mobile. "FL Mobile's landmark growth moves us one step closer towards establishing a trusted mobile platform bringing users, developers and advertisers together to engage through a variety of products and services."

Founded in 2009 as Feiliu, FL Mobile is a leading mobile interest-based community platform with coverage in China that engages users in real-time mobile online activities. Feiliu provides application recommendation services, interest-based exchanges, and mobile games to its user communities.

In April 2012, FL Mobile received one of the "China Mobile Internet Application Platform Enterprise Top 20" awards, as well as the Beijing Municipal Economic and Information Commission seal of approval.

About NQ Mobile

NQ Mobile Inc. (NYSE: NQ) is a leading global provider of mobile Internet services.  NQ Mobile is a mobile security pioneer with proven competency to acquire, engage, and monetize customers globally.  NQ Mobile's portfolio includes mobile security and mobile games & advertising for the consumer market and consulting, mobile platforms and mobility services for the enterprise market.  As of March 31, 2013, NQ Mobile maintains a large, global user base of 327 million registered user accounts and 111 million monthly active user accounts through its consumer mobile security business, 77 million registered user accounts and 14 million monthly active user accounts through its mobile games & advertising business and over 1,250 enterprise customers.  NQ Mobile maintains dual headquarters in Dallas, Texas, USA and Beijing, China. For more information on NQ Mobile, please visit http://www.nq.com.

About FL Mobile

FL mobile is a leading mobile game publisher and operator, with a mobile interest-based community platform that engages users in real-time mobile online activities. FL mobile has over 76.9 million registered users and 13.7 million monthly active users at the end of March 31th, 2013. According to the data published by the third party marketing research company Sino MR,FL mobile is the top iOS mobile game publisher and operator in Chinese market. FL Mobile has recently published top ranking games, including: QQYujian-FL Extreme Edition, City of Splendors, Little Ninja, War Fire 1942, Gold Lost City, and Little Dragon. For more information please visit http://www.feiliu.com/en/.

Investor Relations

NQ Mobile Inc.Email: investors@nq.com +1-469-310-5280+852 3975 2853

SOURCE NQ Mobile Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,985.18 +65.59 0.39%
S&P 500 1,986.47 +4.87 0.25%
NASDAQ 4,528.1350 +0.6210 0.01%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs