{"id":404375,"date":"2020-12-22T08:03:36","date_gmt":"2020-12-22T13:03:36","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=404375"},"modified":"2020-12-22T08:03:36","modified_gmt":"2020-12-22T13:03:36","slug":"smith-micro-announces-sale-of-moho-2d-animation-software","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/smith-micro-announces-sale-of-moho-2d-animation-software\/","title":{"rendered":"Smith Micro Announces Sale of Moho\u00ae 2D Animation Software"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Smith Micro Announces Sale of Moho\u00ae 2D Animation Software<\/b><\/p>\n<p>PITTSBURGH&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSmith Micro Software, Inc. (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.nasdaq.com%2Fmarket-activity%2Fstocks%2Fsmsi&amp;esheet=52352383&amp;newsitemid=20201222005074&amp;lan=en-US&amp;anchor=NASDAQ%3A+SMSI&amp;index=1&amp;md5=696148e1bdf15fb333927b5ab4bef1b3\">NASDAQ: SMSI<\/a>) today announced the sale of its product line of Moho 2D animation software to Lost Marble LLC. As part of the sale, Lost Marble, which was founded by Mike Clifton, the original creator of Moho, and Victor Paredes, animator from Cartoon Saloon and former Product Manager of Moho, has acquired ownership of both Moho Pro and Moho Debut from Smith Micro.\n<\/p>\n<p>\n\u201cWe remain laser-focused on maximizing the profitability of our three solutions for wireless carriers \u2013 SafePath<sup>\u00ae<\/sup>, CommSuite<sup>\u00ae<\/sup>, and ViewSpot<sup>\u00ae<\/sup>,\u201d said William W. Smith, Jr., President and CEO of Smith Micro Software, Inc. \u201cDivesting the Moho product line to Lost Marble is a win for all parties involved as it enables us to devote 100% of our energy to our wireless portfolio and customers, while enabling the original creator of Moho to carry on the software\u2019s legacy in the 2D animation space.\u201d\n<\/p>\n<p>\nLost Marble is acquiring the software with the support of multiple Academy Award-nominated studio, Cartoon Saloon.\n<\/p>\n<p>\n\u201cWe\u2019ve always called Moho \u2018our secret weapon,\u2019\u201d said Tomm Moore, Co-director of \u201cWolfwalkers\u201d and \u201cSecret of Kells.\u201d \u201cWe\u2019ve been using it for years now and it\u2019s really amazing. At the beginning, I was a purist thinking that whatever we did had to be hand drawn. But, after seeing Moho in action, I just wanted to use the software more and more.\u201d\n<\/p>\n<p>\nMore information about Moho is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.mohoanimation.com%2F&amp;esheet=52352383&amp;newsitemid=20201222005074&amp;lan=en-US&amp;anchor=mohoanimation.com&amp;index=2&amp;md5=fad7bc663ba540b7fb0439728ec33896\">mohoanimation.com<\/a>.\n<\/p>\n<p><b>About Smith Micro Software, Inc.<\/b><\/p>\n<p>\nSmith Micro develops software to simplify and enhance the mobile experience, providing solutions to some of the leading wireless service providers and cable MSOs around the world. From enabling the family digital lifestyle to providing powerful voice messaging capabilities, our solutions enrich today\u2019s connected lifestyles while creating new opportunities to engage consumers via smartphones and consumer IoT devices. The Smith Micro portfolio also includes a wide range of products for creating, sharing and monetizing rich content, such as visual voice messaging, optimizing retail content display and performing analytics on any product set. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.smithmicro.com%2F&amp;esheet=52352383&amp;newsitemid=20201222005074&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.smithmicro.com%2F&amp;index=3&amp;md5=654d3105972e01c688bd5298341f35a8\">https:\/\/www.smithmicro.com\/<\/a>.\n<\/p>\n<p>\nSafePath, CommSuite, ViewSpot, Smith Micro and the Smith Micro logo are registered trademarks of Smith Micro Software, Inc. All other trademarks and product names are the property of their respective owners.\n<\/p>\n<p><b>About Lost Marble LLC<\/b><\/p>\n<p>\nLost Marble is a company created by Mike Clifton, the original creator of the Moho animation software, and Victor Paredes, animator and Moho animation supervisor at Cartoon Saloon. Its main goal is to continue the development of Moho, in order to create powerful and easy use tools for professional animators, applying their knowledge in both programming and animation to expand the limits in which technology can help artists to create 2D animation.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p><i>Certain statements in this press release are forward-looking statements regarding future events or results, including statements related to the anticipated benefits of the divestiture, and statements using such words as \u201cexpect,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201cplan,\u201d \u201cintend,\u201d \u201ccould,\u201d \u201cwill\u201d and other similar expressions. Forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Among the important factors that could cause or contribute to such differences are changes resulting from or relating to the ongoing COVID-19 pandemic, including changes in consumer behavior, changes in our customers\u2019 retail store operations and\/or changes in health and safety recommendations and requirements, changes in customer or platform requirements and limitations on our ability to compete effectively with other software and technology companies. These and other factors discussed in our filings with the Securities and Exchange Commission, including our filings on Forms 10-K and 10-Q, could cause actual results to differ materially from those expressed or implied in any forward-looking statements. The forward-looking statements contained in this release are made on the basis of the views and assumptions of management, and we do not undertake any obligation to update these statements to reflect events or circumstances occurring after the date of this release.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201222005074r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201222005074\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201222005074\/en\/<\/a><\/span><\/p>\n<p><b>PR\/IR INQUIRES:<br \/>\n<\/b><br \/>Charles Messman<br \/>\n<br \/>Smith Micro Software<br \/>\n<br \/>(412) 837-5300<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:IR@smithmicro.com\">IR@smithmicro.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Pennsylvania United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Mobile\/Wireless Technology Telecommunications<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201222005074\/en\/99226\/3\/smsi_plc_4c.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Smith Micro Announces Sale of Moho\u00ae 2D Animation Software PITTSBURGH&#8211;(BUSINESS WIRE)&#8211; Smith Micro Software, Inc. (NASDAQ: SMSI) today announced the sale of its product line of Moho 2D animation software to Lost Marble LLC. As part of the sale, Lost Marble, which was founded by Mike Clifton, the original creator of Moho, and Victor Paredes, animator from Cartoon Saloon and former Product Manager of Moho, has acquired ownership of both Moho Pro and Moho Debut from Smith Micro. \u201cWe remain laser-focused on maximizing the profitability of our three solutions for wireless carriers \u2013 SafePath\u00ae, CommSuite\u00ae, and ViewSpot\u00ae,\u201d said William W. Smith, Jr., President and CEO of Smith Micro Software, Inc. \u201cDivesting the Moho product line to Lost Marble is a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/smith-micro-announces-sale-of-moho-2d-animation-software\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Smith Micro Announces Sale of Moho\u00ae 2D Animation Software&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-404375","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Smith Micro Announces Sale of Moho\u00ae 2D Animation Software - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/smith-micro-announces-sale-of-moho-2d-animation-software\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Smith Micro Announces Sale of Moho\u00ae 2D Animation Software - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Smith Micro Announces Sale of Moho\u00ae 2D Animation Software PITTSBURGH&#8211;(BUSINESS WIRE)&#8211; Smith Micro Software, Inc. (NASDAQ: SMSI) today announced the sale of its product line of Moho 2D animation software to Lost Marble LLC. As part of the sale, Lost Marble, which was founded by Mike Clifton, the original creator of Moho, and Victor Paredes, animator from Cartoon Saloon and former Product Manager of Moho, has acquired ownership of both Moho Pro and Moho Debut from Smith Micro. \u201cWe remain laser-focused on maximizing the profitability of our three solutions for wireless carriers \u2013 SafePath\u00ae, CommSuite\u00ae, and ViewSpot\u00ae,\u201d said William W. Smith, Jr., President and CEO of Smith Micro Software, Inc. \u201cDivesting the Moho product line to Lost Marble is a &hellip; Continue reading &quot;Smith Micro Announces Sale of Moho\u00ae 2D Animation Software&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/smith-micro-announces-sale-of-moho-2d-animation-software\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-22T13:03:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201222005074r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/smith-micro-announces-sale-of-moho-2d-animation-software\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/smith-micro-announces-sale-of-moho-2d-animation-software\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Smith Micro Announces Sale of Moho\u00ae 2D Animation Software\",\"datePublished\":\"2020-12-22T13:03:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/smith-micro-announces-sale-of-moho-2d-animation-software\\\/\"},\"wordCount\":721,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/smith-micro-announces-sale-of-moho-2d-animation-software\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20201222005074r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/smith-micro-announces-sale-of-moho-2d-animation-software\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/smith-micro-announces-sale-of-moho-2d-animation-software\\\/\",\"name\":\"Smith Micro Announces Sale of Moho\u00ae 2D Animation Software - 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(NASDAQ: SMSI) today announced the sale of its product line of Moho 2D animation software to Lost Marble LLC. As part of the sale, Lost Marble, which was founded by Mike Clifton, the original creator of Moho, and Victor Paredes, animator from Cartoon Saloon and former Product Manager of Moho, has acquired ownership of both Moho Pro and Moho Debut from Smith Micro. \u201cWe remain laser-focused on maximizing the profitability of our three solutions for wireless carriers \u2013 SafePath\u00ae, CommSuite\u00ae, and ViewSpot\u00ae,\u201d said William W. Smith, Jr., President and CEO of Smith Micro Software, Inc. \u201cDivesting the Moho product line to Lost Marble is a &hellip; Continue reading \"Smith Micro Announces Sale of Moho\u00ae 2D Animation Software\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/smith-micro-announces-sale-of-moho-2d-animation-software\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-22T13:03:36+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201222005074r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/smith-micro-announces-sale-of-moho-2d-animation-software\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/smith-micro-announces-sale-of-moho-2d-animation-software\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Smith Micro Announces Sale of Moho\u00ae 2D Animation Software","datePublished":"2020-12-22T13:03:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/smith-micro-announces-sale-of-moho-2d-animation-software\/"},"wordCount":721,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/smith-micro-announces-sale-of-moho-2d-animation-software\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201222005074r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/smith-micro-announces-sale-of-moho-2d-animation-software\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/smith-micro-announces-sale-of-moho-2d-animation-software\/","name":"Smith Micro Announces Sale of Moho\u00ae 2D Animation Software - 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