Company Reorganizes and Realigns to Address the Most Profitable Sectors of the Mobile Entertainment Market

Zingy, mobile entertainment industry pioneer and leader, announced today that it will begin closing down its personalization services division and reorganizing under the name of Vindigo. Scott Jensen, who joined Zingy in 2006 and was serving as senior vice president and head of business development, has been appointed CEO.

Zingy was formed in 2005 through the merger of Zingy, a mobile personalization products company, and Vindigo, a mobile applications and advertising company. The merger created a global developer and distributor of leading mobile applications, games and advertising, and personalization products such as ringtones and graphics. Today, the ringtone and mobile personalization services market is in decline.