MiMedia Holdings Ltd. announced a signed global Distribution Agreement with PCD LLC. PCD is a world leader in the wireless industry, providing complete solutions to mobile operators, retailers and distributors. The brand first launched in the Latin American market in 2008 and operates in 10 countries worldwide.

PCD has successfully launched more than 500 wireless devices in the last decade and distributes its product line either directly or via partnerships with leading telecom providers and other partners. MiMedia is a next generation consumer cloud platform that partners with smartphone makers and telecom carriers globally to provide their partners' consumers with a unique personal cloud experience that enables all types of personal media to be secured in the cloud, accessed seamlessly, across all devices and operating systems and at any time. As a partner, MiMedia's consumer cloud platform will provide PCD with a sticky or churn-reducing product, immediate market differentiation and multiple high-margin, recurring revenue streams. As part of the multi-year Agreement, MiMedia will integrate its platform directly onto a projected 2 million PCD mobile devices over the course of two years.