Red Bend Software Ships in 680 Million Mobile Devices1
Red Bend Software, a company focused on Mobile Software Management (MSM), announced that its vRapid Mobile and vDirect Mobile software products shipped in 680 million mobile devices worldwide through 2009 from manufacturers, including LG, Sony Ericsson, Motorola, ZTE, Kyocera and HTC.
In 2009, the company said that manufacturers shipped 246 new Red Bend-Enabled device models compared to 137 in 2008 -- an 80 percent year-over-year increase. In addition, during fourth quarter Red Bend renewed a top manufacturer contract and signed five new customers, for a total of 57 licensees of its standards-based, cross-platform solutions for mobile software updating and device management.
While worldwide handset shipments declined 5.2 percent in 2009 according to IDC, market demand for Red Bend’s firmware over-the-air (FOTA) updating software and Open Mobile Alliance Device Management (OMA-DM) client was strong, particularly for connected wireless devices.
"2009 was a very good year for Red Bend, in spite of the challenging global economy," said CEO Yoram Salinger. "Our customer momentum, market expansion and financials were stronger than ever. We renewed and expanded key contracts, added many new customers including Borqs and Fujitsu, and expanded our relationships with two of the most respected global operators -- China Mobile and NTT DOCOMO. I believe our performance will remain strong in 2010. The number of customer engagements under way continues to exceed past years, and each of our territories is forecasting growth as we expand into new products and new markets."
Red Bend is a privately held, venture capital-financed company with offices in China, Israel, Japan, Korea, the U.K. and the U.S.