MiMedia Signs Distribution Agreement with Device Manufacturer coolpad
New York, New York--(Newsfile Corp. - May 22, 2025) - MiMedia Holdings Inc. (TSXV: MIM) ("MiMedia", or the "Company") is pleased to announce that it has signed a global Distribution Agreement (the "Agreement") with leading device manufacturer coolpad.
Founded in 1993 and headquartered in Shenzhen, China, coolpad has been making smartphones for the global market for decades. Focused on innovation and family-centered technology, coolpad seeks to create mobile devices at affordable price points. coolpad's devices are distributed through strategic partnerships with major wireless carriers and retailers.
Under the terms of the Agreement, it is anticipated that MiMedia will integrate its platform in up-to 5 million coolpad mobile devices, including smartphones, over the next two years.
"coolpad is excited to offer its consumers MiMedia's unique and engaging consumer cloud experience. MiMedia is a great fit into our strategy of providing world class smartphones with leading software technologies, while doing so at affordable price levels for the family," said Michael Wang, General Manager of coolpad's Overseas Business Unit.
"We are excited to partner with coolpad, who has been making high-quality mobile devices for over 30 years. We look forward to entering a number of different markets with a strong partner. We believe this partnership will deliver great strategic benefits for both companies," said Chris Giordano, CEO of MiMedia.
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About coolpad: coolpad is a leading consumer electronics company committed to innovation and family-centered technology, building strategic partnerships with major wireless carriers and retailers. We create world-class devices that enhance everyday life, blending style, performance, and accessibility. Targeting today's youth, coolpad delivers cutting-edge, trend-forward products that bring the latest tech to users worldwide at prices they love. Founded in Shenzhen, China, in 1993, coolpad continues to shape the future of smart living with purpose and passion. To learn more about coolpad, please visit www.coolpad.com.
About MiMedia: MiMedia Holdings Inc. provides a next-generation consumer cloud platform that enables all types of personal media to be secured in the cloud, accessed seamlessly at any time, across all devices and on all operating systems. The Company's platform differentiates with its rich media experience, robust organization tools, private sharing capabilities and features that drive content re-engagement. MiMedia partners with smartphone makers and telecom carriers globally and provides its partners with recurring revenue streams, improved customer retention and market differentiation. The platform services engaged users all around the world.