Sky-Mobi Limited - American Dep (NASDAQ:MOBI)

We operate the leading mobile application store in China, as measured by revenues in 2009, according to a report dated May 2010 commissioned by us and prepared by Analysys International, an independent research and advisory firm, or the Analysys Report. The Analysys Report estimates that our revenues accounted for approximately 50% of all revenues generated from mobile application stores in China in 2009. On our mobile application store, Maopao, users can browse, download and purchase a wide range of applications and content such as single-player games, mobile music and books. In addition, we have established a leading mobile social network community in China, the Maopao Community, where we operate mobile social games and provide applications and content with social network functions to our registered members. Maopao enables mobile applications and content to be downloaded and run on a variety of mobile handsets with different hardware and operating system configurations. We currently target the feature phone market, which is the largest mobile phone segment in China, according to the Analysys Report. We collaborate with handset companies to pre-install Maopao on mobile handsets before shipment.