bNET Communications, Inc. Acquires GoMo News

NEW YORK, June 27, 2011 /PRNewswire/ -- bNET Communications, Inc., announced the acquisition of the popular mobile-industry online blog site, GoMo News. Effective immediately, the acquisition expands content delivery capabilities with a daily newsfeed from GoMo News that complements the digital content from its wholly owned subsidiary bnetTV.com, the emerging technology network, and a leading content aggregator, internet broadcasting company and accredited media organization.

"The acquisition of GoMo News brings together two well-known, respected brands in mobile to create a content powerhouse," said Tony Sklar, COO and Host of bNET Communications. "Strategically growing the bNET brand required a daily mechanism to deliver content, which we have with GoMo News, and our goal now will be maximizing the value of both brands."

GoMo News was founded in 2006 to provide news and analysis on the mobile industry, with an emphasis on mobile search and social networking, mobile advertising, and mobile barcodes. With more than one million readers last year, a daily newsletter, and a mobile application, GoMo News has cultivated one of the mobile industry's leading readerships.

With bnetTV.com, bNET Communications provides professional video and media over IP-based networks for emerging technology companies. The company has compiled a vast digital library of information from various business sectors. Over the last ten years, bNET Communications has amassed a library of more than 25,000 interviews and 5,000 hours of live conference coverage.

According to Sklar, the acquisition clearly positions the bNET brand with some of the leading publications in the mobile sector. "Our focus will be growing readers and followers by delivering value-added content across both bnetTV.com and GoMo News, and building the bNET brand into a leading source of news, insights and analysis for the mobile and high-tech communities," said Sklar.

About bNET Communications

Through its wholly owned subsidiary bnetTV.com, bNET Communications, Inc., is a content aggregator, internet broadcasting company and accredited media organization that creates and distributes video content pertaining to new technology, primarily at corporate and consumer events, trade shows and conferences. The company has been streaming live broadcasts of corporate annual meetings over the Internet for many large and small firms, awards shows for various industries. Recently, the company's has focused on covering emerging technology events, specifically in the telecommunications, wireless and mobile markets. For more information, visit www.bnetTV.com.

Media contact
Ria Nielsen
Tel: (917) 720-3541
[email protected]
www.bnetTV.com

This release contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Such forward-looking statements involving bNET Communications, Inc., and any of its subsidiaries. Including bnettv.com, Inc.; BNETTV Inc.; and GoMo News cautions that the statements made in this press release constitute forward-looking statements, and not guarantees of future performance, and actual results or developments that may differ materially from projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.

SOURCE bNET Communications, Inc.