Smith Micro Software, Inc. (NASDAQ:SMSI) Releases AniMates Stickers for iOS 10 iMessage Store, How Will the Market React to the Release?

Mobile software developer, Smith Micro Software, Inc. (NASDAQ:SMSI), released a series of AniMates stickers for iOS 10 iMessage store.

ALISO VIEJO, Calif., Oct. 19, 2016 /PRNewswire/ — Smith Micro Software (SMSI) today announced AniMates™ stickers, a newly designed series of characters for mobile messaging available in Apple’s new iMessage store as part of the iOS 10 update. The first set of AniMates stickers available include Jaxon, Harper and Milo – a boy, a girl and a dog with their own social media accounts where users can follow their adventures and even participate in the evolution of the characters.

Smith Micro Software, Inc.

Smith Micro Software, Inc.

“Stickers are the ‘shorthand’ for today’s generation of mobile users who want more emotion and personality than the text-speak that has evolved with chat-based messaging,” said Jonathan Horvath, Senior Director of Product Management at Smith Micro. “AniMates characters are expressive and engaging, so they not only enhance the texting experience, but allow users to participate in the lives of their favorite characters through YouTube, Facebook, and Instagram.”

The AniMates stickers were designed using Smith Micro’s Moho® (formerly Anime Studio®) 2D animation software. The initial launch of AniMates on iMessage includes four sticker packs, each containing a combination of fifteen animated and static stickers: Jaxon by AniMates, Harper by AniMates, Milo by AniMates, and Jaxon and Harper by AniMates.  Individual packs are $0.99, or users can purchase all four packs together: AniMates Bundle for $1.99.

To purchase the AniMates sticker packs, simply do the following:

    Launch iMessage

    Open the App drawer

    Tap the ‘+’ to open the iMessage App Store interface

    Tap the search button in the upper left corner

    Search for ‘AniMates’

    Select the AniMates sticker pack you want to purchase

Stay updated on the adventures of Jaxon, Harper and Milo by following them on Facebook and Instagram, and be sure to catch them on their YouTube channel:

YouTube – Animates Live

Instagram – Animates

Facebook – Animates Live

About Smith Micro Software, Inc.

Smith Micro develops software to simplify and enhance the mobile experience, providing solutions to some of the leading wireless service providers, device manufacturers, and enterprise businesses around the world.  From optimizing wireless networks to uncovering customer experience insights, and from streamlining Wi-Fi access to ensuring family safety, our solutions enrich today’s connected lifestyles while creating new opportunities to engage consumers via smartphones. Our portfolio also includes a wide range of products for creating, sharing and monetizing rich content, such as visual messaging, video streaming, and 2D/3D graphics applications. For more information, visit smithmicro.com (SMSI).

Safe Harbor Statement:

This release may contain forward-looking statements that involve risks and uncertainties including, without limitation, forward-looking statements relating to the company’s financial prospects and projections, the company’s ability to increase its business, and the anticipated timing and financial performance of new products. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are new and changing technologies, customer acceptance of those technologies, fluctuations or cancellations in orders from customers, new and continuing adverse economic conditions, and the company’s ability to compete effectively with other software companies. These and other factors discussed in the company’s filings with the Securities and Exchange Commission, including its filings on Forms 10-K and 10-Q, could cause actual results to differ materially from those presented in any forward-looking statements. Smith Micro assumes no obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of this press release.

Original Source

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Shares Smith Micro Software, Inc. (NASDAQ:SMSI) are actively moving -8.82% thus far today on the news and have traded in the range of $1.51 – 1.75 during the session.  A number of research firms have recently weighed in on the stock, providing future price targets. The covering firms currently have a consensus one-year price target of $6.00 on the stock.  This is according to brokerage analysts polled by Thomson Reuters First Call.  This is the average number from the individual targets provided by the firms.  Analysts are projecting earnings per share of $0.00 for the next fiscal quarter.  For the current year, analysts are predicting earnings of $-0.48 per share according to First Call.

In looking at where the stock is trading on a technical level, the stock is trading -29.95% away from its 50-day moving average of $2.21.  Based on the most recent available data, the equity is -54.94% off of its 52-week high of $3.44 and +2.65% away from its 52-week low which is $1.51.

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Today, the stock opened at $1.75 and the last bid at the time of writing stood at $1.55.  During the session thus far, the equity dipped down to $1.51 and touched $1.75 as the high point.  Smith Micro Software, Inc. has a market cap of $19.10M and has seen an average daily volume of 30,129 over the past three months.

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