NQ Mobile Inc (NYSE:NQ), a mobile internet services provider, signed a partnership agreement with China Unicom (Hong Kong) Limited (NYSE:CHU) to bring its NQ Family Guardian parental control and monitoring suite to Chinese consumers.
The agreement enables the mobile internet service provider to introduce its product for the first time in China. China Unicom (Hong Kong) Limited (NYSE:CHU) agreed to distribute the NQ Family Guardian parental control and monitoring suite through its WoStore starting on November 10. The product provides a solution to parents to ensure that their children will be safe from predators or any threats while using their mobile devices.
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NQ Mobile provides parental controls for mobile
NQ Mobile Inc (NYSE:NQ) said the NQ Family Guardian offers a complete security and monitoring service, which updates the location of a child, blocks access to inappropriate websites and apps, sets schedules for when the functions of the mobile device will work, and blocks spam calls and text messages.
Henry Lin, co-CEO of NQ Mobile Inc (NYSE:NQ) expressed confidence that Chinese consumers will patronize its parental control and monitoring app given the fact that it received positive responses in other markets. He said, “We are confident Chinese families will similarly enjoy the solution and invaluable peace of mind it offers.”
App has been met with accolades, awards
NQ Mobile Inc (NYSE:NQ) first introduced NQ Family Guardian in the United States in September last year. Since its launch, the app received different awards such as the “Best Mobile Utility Application on a Smartphone or Tablet” from Mobile Excellence Awards. The parental control and monitoring app will also become available in China Mobile MM and other stores by the end of the month.
In a separate issue, NQ Mobile Inc (NYSE:NQ) is trying its best to disprove allegations by Muddy Waters that it is a massive fraud. The company engaged the services of law firm Shearman and Sterling to work with the accounting forensic team of Deloitte Touche, and transferred an additional $13 million to Standard Chartered. NQ Mobile already transferred $54 million out of the $100 million it promised to transfer to show that it has abundant cash on hand.
NQ Mobile’s co-CEO Omar Khan recently called the allegations of Carson Block, founder of Muddy Waters – that 90% of its revenue is false and it lied about its cash – “absurd” during an interview with Bloomberg.