RTMAsia to bring Chumby Internet Device to Asia



   
Hong Kong – Feb 28, 2008 – RTMAsia (www.rtmasia.com), the leading providers of Asian business acceleration services to global technology companies, announced today the signing of an agreement with Chumby Industries, the creators of the much-anticipated compact consumer Internet device that enables people to receive a constant personalized broadcast of their favorite parts of the Web via wi-fi.

"Asia represents a huge growth opportunity for Chumby and we have already received a lot of interest from both consumers and prospective partners for the chumby in Asia,” said Steve Tomlin, CEO, Chumby Industries. "Partnering with RTM Asia provides us with instant access to their rich market knowledge and comprehensive local coverage of key Asian markets."

Under the terms of the agreement, RTM-Asia will act as the local representatives for Chumby Industries across all Asia Pacific markets including Japan, Korea, Australia and Greater China. RTM Asia will be responsible for all facets of the Chumby business in Asia including the development of business partnerships, management of business operations as well as liaison with media and industry bodies.

"The chumby is a revolutionary device that will have a huge impact on how people access personalized information over the Internet. Asian gadget enthusiasts are already building localized widgets for the chumby and we anticipate the birth of entirely new communities of chumby widgets in all key markets across Asia", said Henry Fong, Founder and CTO at RTM-Asia.

For further information contact RTM Asia at http://www.rtmasia.com/contact.html

About RTM Asia

RTM Asia is a unique Asia Pacific business acceleration firm that was formed in 2004. Since that time RTM Asia grown quickly, contracting with over 30 companies from startups such as Chumby Industries, Liquid Machines, Linden Lab, IMlogic, MindJet, Nexsan, Nexaweb, EqualLogic, DataCastle, Hifn, MOD Systems and NetSuite to well-known, publicly listed companies such as Microsoft, Symantec, EMC, HDS, Interwoven, Qlogic, Brocade, Phoenix Technologies, IDG, etc. Recently we closed the second round of funding in Japan (totaling $23 million) for a Larry Ellison SaaS company called NetSuite (NYSE: N) for their Japan market entry efforts. More information on RTM Asia can be found at: http://www.rtmasia.com/

NOTE: RTM Asia and the RTM Asia logo are service-marks of RTM International, Ltd.