MercadoMagico.com Updates Its E-commerce Website To Include More Product Categories And Adds Social Media Support
16 January 2013 - 10:59AM
news release
Investor
Relations Information: |
|
Rod
Peterson |
|
NeoMagic
Corporation |
|
Vice
President, Administration and Information |
|
(408)
428-9725 |
|
MercadoMagico.com Updates Its E-commerce Website To Include More
Product Categories And Adds Social Media Support
San Jose, California - January 15, 2013,
MercadoMagico.com, a division of NeoMagic Corporation (NMGC.PK),
today announced it has expanded its multi-vendor online marketplace
by including more product categories beyond Consumer Electronics
and Media to include Health & Beauty, Toys, Art and
Fashion.
Social media links like Twitter, Facebook,
Pinterest and LinkedIn has been added for each product listing so
that buyers and vendors can share product information with their
friends and clients
MercadoMagico.com can now offer its vendors
powerful e-Commerce tools for Sales Tracking, Customer
Communication, Sales Report Generation, Powerful Search Engine and
much more. MercadoMagico is committed to building a premier
world-class e-Commerce site, and providing customers with a unique
buying experience.
"By adding more product categories we are in
line with our vision of creating a one-stop shopping experience,
"said Syed Zaidi, President and CEO of NeoMagic Corporation. He
continued, "Our commitment to offer exclusive product lines and
provide our vendors with world class tools will no doubt help
position MercadoMagico.com as a premier e-commerce site."
For more information, please contact Investor
Relations at IR@neomagic.com
About NeoMagic
NeoMagic designs and delivers consumer electronic
device solutions with semiconductors and software for video,
television, imaging, graphics, and audio. We provide low cost,
innovative chip technology for tomorrow's entertainment and
communication needs. Our solutions offer low power
consumption, small form-factor and high performance processing. As
part of our complete system solution, we deliver a suite of
middleware and sample applications for imaging, video and audio
functionality, and we provide multiple operating system ports with
customized drivers for our products. Our product portfolio includes
semiconductor solutions known as applications processors. Our
applications processors are sold under the "MiMagic" brand name
with a focus on enabling high performance processor within a low
power consumption environment. The Company has developed the
Horizon Digital Picture Frame kit using our MiMagic 6+ application
processor.
Our capabilities give our partners and their
customers' high quality answers to excite and enhance the
consumer's lifestyle. For more information, visit
www.neomagic.com.
NeoMagic owns and operates MercadoMagico.com.
MercadoMagico is a registered trademark.
Safe Harbor
Statement
This press release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve significant risks and uncertainties. Such
statements may include, without limitation, statements with respect
to the Company's plans, objectives, projections, expectations and
intentions and other statements identified by words such as
"projects," "may," "could," "would," "should," "believes,"
"expects," "anticipates," "estimates," "intends," "plans," or
similar expressions. These statements are based upon the current
beliefs and expectations of the Company's management and are
subject to significant risks and uncertainties, including those
detailed from time-to-time in the Company's filings with the
Securities and Exchange Commission, including our Form10-K's, 10-Q and 8-K's for 2007 through the date of
October 31, 2010 hereof have been made available to the Investor at
www.sec.gov. Information for the period ending January 30,
2011 to the present is not available through the SEC due to the
cessation of the Company's required filings under the 1934
Act. Actual results, including,
without limitation, the Company's ability to successfully raise
capital may differ significantly from those set forth in the
forward-looking statements. Forward-looking statements involve
risks and uncertainties that are subject to change based on various
factors (many of which are beyond the Company's control). For
example, statements about our expectations in connection with
financings are subject to a variety of uncertainties and are
subject to change as a result of changes in circumstances that
could make it difficult for us to consummate such financings on
terms acceptable to the Company, or at all. The Company undertakes
no obligation to update any forward-looking statements, except as
provided for by law.
NeoMagic is a registered trademark of NeoMagic
Corporation and MiMagic is trademarked. All other trademarks are
the property of their respective owners. NeoMagic disclaims any
proprietary interest in the marks and names of others.
This
announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the
information contained therein.
Source: Neomagic Corporation via Thomson Reuters ONE
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