Stream Media has been selected for the Final Judging of the SiTF Awards 2010 at UniSIM!

The SiTF Awards 2010 is organised by the Singapore Infocomm Technology Federation (SiTF), to provide recognition to innovative ICT Applications / Solutions which are developed locally.

This award, championed by the industry is an important accolade to infocomm innovations in Singapore. It shall provide MNCs and Local Enterprises, Institution of Higher Learning and Schools, the opportunity to showcase their innovative products and services. It also offers an excellent platform to create awareness, seek investors and identify business partners.

The Preliminary Judging Round was held two days ago at the Singapore Institute of Management (SIM).

Stream Media in the Press!

Lian He Zao Bao, ZB NOW, p1, 19th May 2010, 为绿色小机器人效劳

The Sunday Times, Think, p32, 4th April 2010, MoVend, Not Movies, For Start-Up Boss

The Straits Times, 4th April 2010, Phone

MoVend, an in-app commerce platform for Android smartphones, due to make an official launch at the Echelon 2010, Asia’s Leading Web Technology Event

Singapore – 1 June , 2010 – Stream Media steps into the mobile payment industry with the launch of its core product – MoVend, an in-app commerce platform for the Android smartphones – at Echelon 2010, an annual web technology event.

Mr. Chua Zi Yong, the Founder and CEO of Stream Media said: “We wanted to create something that will make payment much easier for the users. This would mean an in-app payment system that will enable users to make transactions and payments without exiting the app. Hence, the user experience would be a seamless one.”

MoVend, which means mobile vending, is written such that other developers can incorporate it into their mobile applications. The need for an Android mobile payment system was discovered by Mr. Chua. “Paid Android apps are only available in nine countries. The rest of the customers are only being offered free apps. Thus, if they wanted to get the paid apps, they have to go to third party stores to download and make payment via credit cards.”

With MoVend, there is no need for developers to create a separate payment system, allowing them to fully focus on the development of their own mobile applications. “Developers can leave all the heavy lifting of the transactions to us. It will result in a faster turn around time for them!” says Mr. Leong Hean Hong, Project Manager of Stream Media.

For mobile applications installed with MoVend, end consumers who use the mobile application will be able to make payment without exiting the application itself. The ability to let users choose their own preferred payment method is crucial for developers as users’ preference defers from country to country. For instance, users in US and Canada will most likely make payment via Paypal while users in Asia likely choose to pay via premium SMS Operator Billing.

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For Media Enquiries, please contact:

Aerene Lim (aerene@streammed.com)

Finally you can now do in-app payment on Android – simple, seamless, hassle free.

Coming to your Eclipse May 2010.