WaveMarket Partners With kajeettm to Deliver Location Based Services to the Family Market



Written by WaveMarket
Tuesday, 03 April 2007
EMERYVILLE, Calif.-- WaveMarket, Inc. today announced that it will be providing Mobile Location Based Services for kajeet, a Bethesda, MD-based wireless carrier serving tweens and their families.



“Beyond WaveMarket’s technologically superior LBS platform, they also bring a deep understanding of the consumer LBS market and years of experience designing and building best-of-breed mobile applications for family markets,” offered Daniel Neal, Founder and CEO of kajeet. “We are excited to work with WaveMarket to create unique and powerful LBS applications that deliver real value to our customers -- tweens and their parents who are making decisions together about the role mobile tech plays in their lives.
WaveMarket powers industry-leading location-based applications across Tier 1 carriers in the US, Canada, and Latin America, including family finder services, asset tracking, friend finder, mobile social network, and local search. “The Family market is an underserved one and we feel that kajeet is poised to be the most successful MVNO addressing this space. kajeet’s unique and innovative approach offers a fantastic solution for parents and kids,” said Tasso Roumeliotis, WaveMarket’s CEO. “We’re proud to have been selected to partner with kajeet on this exciting opportunity.”
About kajeet™
Founded in 2003, kajeet may be based in Bethesda, MD, but kids are the center of our universe. kajeet is the pay-as-you-go cell phone service made from a kid’s point of view, a new word for a new world of mobile entertainment, customization and communication. And for parents, kajeet alleviates the worries of getting kid a cell phone with no contracts, no surprise overages and no expiring minutes. Oh, and no buzzwords. No kidding. kajeet and kids: use it for talking, use it for texting, use it for sharing, use it for playing ... use it for good.™ www.kajeet.com
About WaveMarket
WaveMarket Inc. is a world leader in location-based services and has pioneered the first carrier-grade family location service. The company's software product suite includes solutions that range from family finder services to mobile social networking. Marketing to mobile carriers in the United States, Europe and Asia, WaveMarket's customers include top tier carriers Sprint Nextel, Cingular, Bell Mobility of Canada, and SK Telecom, Korea's leading wireless carrier and Vivo, Brazil’s largest operator. Headquartered in Emeryville, CA, WaveMarket also has international offices in Brazil and Canada. Founded in 2000, the company is financed by a group that includes Draper Fisher Jurvetson, QUALCOMM Ventures, BlueRun Ventures (formerly Nokia Venture Partners), Intel Capital, and Mitsui Ventures.
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