Full Press Release Details
| CONTACT: | MPLC, Inc. |
| 2121 Avenue of the Stars, Suite 1650 | |
| Los Angeles, CA 90067 | |
| Attn: Jay A. Wolf, COO 310-601-2500 |
Inc. Enters Into Letter of Intent For Acquisition of New Motion,
ANGELES, CA, November 22, 2006--MPLC, Inc. ("MPLC") (OTCBB: MPNC.OB) announced
today that it has executed a letter of intent which sets forth the preliminary
terms and conditions of a proposed acquisition of New Motion, Inc. ("New
Motion"). In connection with the acquisition, MPLC will acquire all of the
outstanding capital stock of New Motion, and in exchange, the stockholders
New Motion will acquire approximately 83.7% of the outstanding capital stock
closing of the transaction is subject to certain conditions, including execution
of a definitive acquisition agreement and the completion of due diligence.
can be no assurance that the transaction will be consummated or, if consummated,
that it will be consummated on the terms set forth in the letter of
present, MPLC has no sources of revenue and has no specific business plan or
purpose. MPLC's business plan is to seek a business combination. As a result,
MPLC is a "blank check" or "shell" company.
Motion, Inc. (www.newmotioninc.com),
in Irvine, CA, is a direct-to-consumer mobile content provider. It develops,
licenses, markets, and sells binary content such as polyphonic ring tones,
"true tones" and voice tones, wallpapers and graphics, WAP, video and Java
games. Through its consumer portal, www.MobileSidewalk.com,
goal is to be the marketplace for consumers to find and purchase all their
mobile content. With over 750,000 customers served, it is one of the fastest
growing mobile content companies in the United States.
press release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995, about MPLC. Forward looking
statements are statements that are not historical facts. Such forward-looking
statements, based upon the current beliefs and expectations of MPLC's
management, are subject to risks and uncertainties, which could cause actual
results to differ from the forward looking statements. The following factors,
among others, could cause actual results to differ from those set forth in
forward-looking statements: the failure of the merger to be completed; changing
interpretations of generally accepted accounting principles; continued
compliance with government regulations; legislation or regulatory environments,
requirements or changes adversely affecting the businesses in which New Motion
engaged; demand for the products and services that New Motion provides, general
economic conditions; geopolitical events and regulatory changes, as well as
other relevant risks detailed in MPLC's filings with the Securities and Exchange
Commission. The information set forth herein should be read in light of such
risks. MPLC assumes no obligation to update the information contained in this