Thwapr Takes Strategic Steps to Create Exposure in Asia

LAS VEGAS, June 26, 2012 /PRNewswire/ -- Thwapr, Inc. (OTCBB: THWI), a mobile video sharing company, will be showcasing its proprietary mobile video sharing platform in a high profile event in Asia – The SME1 Asia Awards 2012.

This exclusive by-invitation-only event is attended by the CEOs of successful Asian companies, industry leaders and government officials from Singapore, Malaysia, Indonesia, Cambodia, Korea, Thailand, Myanmar, and China. This elite event recognizes and rewards successful Small and Medium Enterprises in the region that contribute to the development of people, society and the environment.

Thwapr, Shyalala and Dalrus Pte Ltd have created a mobile solution for the upcoming SME1 Asia Awards. Thwapr will enable SME1 to notify each winning company's CEO in a more innovative and personal manner by using their mobile phones. They can then send and share the video messages with their peers while facilitating more information about the next upcoming SME1 activity. Unlike most passive video messages, Thwapr's patent-pending technology will integrate call-to-action features with dynamic backend functions as part of the sharing interaction.

"We are taking a different approach to establish our Enterprise presence in Asia. We have decided to introduce our technology and capabilities directly to the decision makers of successful corporations across the Asian region.  We are pleased to be given this notable opportunity to take our first steps into Asia," said Ron Singh, CEO of Thwapr Inc.

"Thwapr's technology will add an innovative twist to the event. We hope to incorporate Thwapr's interactive mobile video sharing function in our other events across Asia," expressed Juat Mauy Koh, CEO of SME1 Asia Awards, a subsidiary of the APF Group.

About SME1 Asia Awards.

The SME1 ASIA Awards is created to recognize successful Small and Medium-sized Enterprises (SMEs) in ASIA. APF Group owns the SME1 and Asia Pacific (AP) Entrepreneurship awards. It is founded by a group of entrepreneurs to encourage businesses to grow together, raise the profiles of businesses in AP while at the same time championing universal ideologies of social responsibilities, fair trade and sustainable development. www.sme1.asia

About Shyalala.

Shyalala delivers end-to-end marketing and branding solutions for MNCs and have worked with brands like Pepsi, Esprit, Harvey Nicols and Calvin Klein. With over 12 years of industry experience, Shyalala has rolled out campaigns throughout Asia Pacific. Shyalala will use Thwapr to create solutions for her business relationships and alliances. www.shyalala.com

About Thwapr, Inc.
Thwapr is a mobile video sharing platform company that has engineered a proprietary technology to deliver the best possible mobile video quality and user experience regardless of device, network or carrier. Thwapr's seamless device agnostic process empowers users to socialize video content, and provides a solution to monetize the mobile community. Founded by digital video pioneers from Apple, Avid and MTV, Thwapr's patent-pending technology allows brands and marketers a new visual communication channel to engage the hundreds of millions of consumers with Web-enabled mobile devices. Visit us at www.thwapr.com, follow us at www.twitter.com/thwapr or Like us on Facebook www.facebook.com/thwapr.

Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new products and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in Thwapr's annual report on Form 10-K for the most recent fiscal year, Thwapr's quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:

Investor Relations:
Michael Irving
Paramount Advisors, LLC
407-878-5462
[email protected]

SOURCE Thwapr, Inc.

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