PITTSBURGH – (BUSINESS WIRE) – Smith Micro Software, Inc. (NASDAQ: SMSI) today announced the sale of its line of Moho 2D animation software to Lost Marble LLC. As part of the sale, Lost Marble, founded by Mike Clifton, the original creator of Moho, and Victor Paredes, Animator of Cartoon Saloon and former product manager of Moho, acquired both Moho Pro and Moho Debut from Smith Micro.
“We remain focused on maximizing the profitability of our three solutions for wireless operators – SafePath®, CommSuite® and ViewSpot®,” said William W. Smith, Jr., President and CEO of Smith Micro Software, Inc. “Divestment The Moho- Lost Marble product line is a win for everyone, as it allows us to use 100% of our energy for our cellular portfolio and our customers, and the original Moho developer can continue the software legacy in 2D animation. ”
Lost Marble is acquiring the software with the support of the multiple Oscar nominee Cartoon Saloon studio.
“We have always called Moho ‘our secret weapon’,” said Tomm Moore, co-director of Wolfwalkers and Secret of Kells. “We’ve been using it for years and it’s really amazing. In the beginning I was a purist who thought that everything we did had to be hand drawn. But after seeing Moho in action, I wanted to use the software more and more. ”
For more information on Moho, please visit mohoanimation.com.
About Smith Micro Software, Inc.
Smith Micro develops software that simplifies and enhances the mobile experience and provides solutions for some of the world’s leading wireless carriers and cable MSOs. Our solutions enable the family’s digital lifestyle and offer powerful voice messaging capabilities. They enrich today’s connected lifestyle and offer new ways to attract consumers to consumers via smartphones and IoT devices. The Smith Micro portfolio also includes a wide range of products for creating, sharing and monetizing large content such as: B. Visual voice messaging, optimizing the display of retail content, and performing analysis for all product groups. Please visit https://www.smithmicro.com/ for more information.
SafePath, CommSuite, ViewSpot, Smith Micro, and the Smith Micro logo are registered trademarks of Smith Micro Software, Inc. All other brand and product names are the property of their respective owners.
About Lost Marble LLC
Lost Marble is a company founded by Mike Clifton, the original developer of the Moho animation software, and Victor Paredes, animator and Moho animation supervisor at Cartoon Saloon. Its main goal is to continue the evolution of Moho to create powerful and easy-to-use tools for professional animators who use their knowledge in both programming and animation to push the boundaries in which technology can help artists, 2D -Create animations.
Forward-Looking Statements
Certain statements in this press release are forward-looking statements about future events or results, including statements regarding the anticipated benefits of the disposal and statements that use the words “expect,” “anticipate,” “believe,” “plan”. “Intention”, “could”, “will” and other similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Important factors that may cause or contribute to such differences include changes resulting from or related to the ongoing COVID-19 pandemic, including changes in consumer behavior, changes in our customers’ retail business and / or changes in health and safety Security recommendations and requirements, changes in customer or platform requirements, and limitations on our ability to compete effectively with other software and technology companies. These and other factors discussed in our filings with the Securities and Exchange Commission, including our filings on Forms 10-K and 10-Q, could cause actual results to differ materially from those expressed or implied in any forward-looking statement differ. The forward-looking statements contained in this press release are based on management’s beliefs and beliefs, and we assume no obligation to update these statements to reflect events or circumstances that occur after the date of this press release.
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