Beacon Equity Research Featured Company: Vringo, Inc. (VRNG)
Vringo provides software platforms for mobile social and video applications. With its award-winning video ringtone application and other mobile software platforms, including Facetones™, Video Remix and Fan Loyalty, Vringo is transforming the basic act of making and receiving mobile phone calls into a highly visual, social experience. A recent study by the United Nations estimated there are 5 billion global mobile subscribers. According to Cisco, mobile video data usage will grow at a 131% compound annual growth rate from 2009 to 2014. Vringo aims to capitalize on the sizable market opportunity for mobile social and video technology with its array…