Oasys Mobile, which changed its name last week from Summus, has changed its stock trading symbol.
The new symbol is OYSM and trades over the counter.
The old symbol was SMMU.
“Our recent name change and new ticker symbol reflect the brand appeal of OasysMobile.com, our new mobile lifestyle portal, which enables us to effectively target younger consumers,” said Chief Executive Officer Gary Ban. “The youth market is an attractive and growing segment, as evidenced by the fact teens and college-aged kids are the biggest purchasers of mobile content. The new direct-to-consumer strategy also complements our traditional distribution channels, given our strong competitive advantage with 97 percent domestic carrier penetration and exclusive relationships with many of the leading content providers.”
Oasys: www.oasysmobile.com
