Mikael Ljungman

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Mikael Ljungman
Born November 25, 1963 (1963-11-25) (age 44)
Stockholm, Östermalm, Sweden
Residence Stockholm
Nationality Swedish
Occupation Founder, Business Developer, Media Power Inc
Business Developer, Xiop Asia Trading Ltd
Partner Carl Freer
Children Four

Mikael Ljungman is a businessman,[1] expert on mobile communication, entrepreneur and executive involved in high-tech industries.[2][3] Mikael Ljungman is a partner of Carl Freer, working with the company Media Power Inc and with the relaunch of Gizmondo,[2][4] the gaming and augmented reality console.

Contents

[edit] Education & Work

Mikael Ljungman received his law degree from Stockholms University in 1995. From 1995-1997 he worked with PC and Server manufacturing and System software engineering. From 1997-2000 Mikael Ljungman worked as an international business and financial consultant. From 2000-2004 Mikael Ljungman worked with Internet and platform related services including VOIP, IPTV and VOD. From 2004 to present, Mikael Ljungman created online stores, mobile applications and software.[5]

[edit] Patent application

In 2006, Ljungman applied for UK and US patents for a method of mobile advertising by which pre-created advertisement messages, are sent to mobile communication devices in advance of the time and date on which they are to be presented or as live streaming content.[6]

[edit] Media Power Inc

Media Power is a unique tech company that develops consumer and business products based on Augmented Reality technology (AR) and other advanced systems. Media Power has four divisions offering a range of hi-tech goods and marketing services: Magitech; GetFugu.com; Gizmondo; and Chinetic. [7]

[edit] Gizmondo

The Gizmondo[4] is a handheld gaming console with GPRS and GPS technology, which was manufactured by Tiger Telematics and its subsidiary, Gizmondo Europe Ltd. Ljungman's company 3P PreForm Marketing and Research[2] performed research and development work for Gizmondo Europe since 2003[8] and was paid $7.6 million.[9]

Launched in 2005,[10] the Gizmondo sold poorly, and by February of 2006, Gizmondo Europe Ltd was forced into bankruptcy. Ljungman was questioned on his business connections with Gizmondo Europe by the liquidators, who were satisfied with Ljungman's explanations.[2]

Carl Freer bought Gizmondo Europe's intellectual property rights.[4] He is working towards a relaunch of the Gizmondo unit with Ljungman.

[edit] 3P PreForm Marketing and Research

3P PreForm Marketing and Research went bankrupt on October 15, 2004. Ljungman was accused of using 3P PreForm to over charge a pre partly owned company rendering an input deduct-able VAT of SEK 1.9 million in the pre-owned company. He was arrested on October 19, 2004, but released shortly thereafter pending trial.[8] On trial, Ljungman was convicted of tax fraud. He is appealing the decision.[2][3]

[edit] References

  1. ^ Omskrivet företag satsar på nytt.
  2. ^ a b c d e Carl Freer: Gizmondo arrives in late 2008.
  3. ^ a b Carl Freer: Han är Carl Freers nya högra hand.
  4. ^ a b c Gizmondo Liquidators Wishes Carl Freer Good Speed.
  5. ^ Linkedin.
  6. ^ Ljungman et al, System and method for advertising on remote devices.
  7. ^ High-tech firm to pour $5M into augmented reality development at Georgia Tech.
  8. ^ a b Olle Blomkvist. "Gizmondos svenska partner åtalas", Realtid.se, 2005-12-22. 
  9. ^ TIGER TELEMATICS INC - TGTL Quarterly Report (10-Q).
  10. ^ "Gizmondo gadget hits the shelves", BBC News Online, 2005-03-19. Retrieved on 2007-11-23. 

[edit] External links


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