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2015-02-24

Mavshack: Mavshack raises price for online Asian TV-service in wake of improved service and increased willingness to pay

MAVSHACK RAISES PRICE FOR ONLINE ASIAN TV-SERVICE IN WAKE OF IMPROVED
SERVICE AND INCREASED WILLINGNESS TO PAY

Mavshack will raise the prices for its internet-TV service from USD 4.99
/month to USD 6.99 /month.

- We currently see an increased WTP amongst our target market both within
and outside of Asia, says Jonas Litborn CEO of Mavshack.

Those who currently have a requiring Mavshack subscription will continue to
pay USD 4.99 /month until the end of 2015. The fee increase also comes in
the wake of improvements to the service including more content and enhanced
user experience.

Stockholm 2015-02-24

For more information contact:
Jonas Litborn
President and CEO
jonas.litborn@mavshack.com
+46 70 640 07 40

The following documents can be retrieved from beQuoted
Mavshack Pressrelease 2015-02-24 (English).pdf

Mavshack Pressrelease 2015-02-24 (Swedish).pdf

About Mavshack AB
Mavshack runs one of the world's fastest growing Internet TV services,
providing Asian entertainment to audiences worldwide. The service is
accessible via internet-connected device and currently have users in more
than 80 countries. Through agreements with Asia's leading content
providers, and currently offering the largest media library of Filipino and
Indian titles, Mavshack is the obvious place for high quality Asian
entertainment in local languages.

Mavshack is a Swedish company listed on NASDAQ First North under the ticker
MAV. Certified Adviser is Erik Penser Bankaktiebolag. More information
about the company is available at www.mavshack.se
.

Författare BEQ

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