LONDON--(Marketwire -07/10/12)- First Corporation (FSTC) and Gecko Landmarks can enhance location services for 5 billion mobile phone users in Asia, Africa and Latin America. Having completed its $1 million investment for 10% of Gecko Landmarks, First Corporation and Gecko will move ahead accelerating Gecko product development and global commercialization in emerging markets offering Gecko's SMS Application to 5 billion feature phones.
First Corporation will spearhead Gecko's SMS Application for mobile phones as part of a broad marketing strategy re-enforcing Gecko's position as world leader in the provision of well known local landmarks. The SMS Application enhances SMS messages adding location information based on well-known geographic related interest points.
Gecko Landmarks is currently working with several technology companies and social networks enhancing location services where map coverage is poor, or there is no local culture of map reading.
About Gecko Landmarks
Gecko Landmarks offers landmark-based location services. Geckoʼs landmark data covers every country with high accuracy. The landmark data is needed to enable every mobile phone to access and use location-based services. Geckoʼs approach offers consumers instant understanding of the location. Location technology, social network and mobile phone companies plug in landmark data to enhance user experience. Learn more about Gecko Landmarks at www.geckolandmarks.com.
About First Corporation
First Corporation was incorporated under the laws of the State of Colorado on December 27, 1995. The Company's activities to date have been limited to organization and capital formation.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements reflect First Corporation's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the failure to complete First Corporation's planned acquisition, its liquidity position and its ability to obtain new funding. In the light of these uncertainties the forward-looking events referred to in this release might not occur, and actual events could differ materially from those described in First Corporation's forward-looking statements.