"The rapid advancement of technology has made computer animation and 3D modeling available to everyone and the animation industry is one of the hottest growth segments within the consumer marketplace," said William W. Smith, Jr., President and CEO of Smith Micro Software, Inc. "We are excited to significantly broaden our consumer portfolio with the addition of Poser, Manga Studio and Anime Studio. These popular products not only compliment our current multimedia offerings, but positions Smith Micro as a leading player in this space."
Mr. Smith concluded, "As a part of this transaction we also acquired all the rights for the Aquazone product line. This includes the new Aquazone Mobile Edition that is available exclusively in Japan to NTT DoCoMo and Softbank mobile subscribers. Our goal is to capitalize on our strong presence in the wireless marketplace and introduce the Aquazone Mobile Edition to our wireless partners and mobile users throughout the world."
The fast growing global animation and 3D market reached nearly $60 billion in sales in 2006 and is expected to pass the $80 billion sales mark by 2010.* The Posers 3D figure design and animation program has a strong following of more than 500,000 users and is growing. Manga Studio, originally created in Japan as ComicStudio, has become the number one selling Manga software worldwide. Anime Studio is a complete animation solution for creating 2D movies, cartoons, anime or cut-out animations and is ideal for animators of any caliber.