I was surprised to see mTouche featured on CNN today. They are a Malaysian based company listed on our local Mesdaq side. Their shares are quite cheap now at Rm1.66.

Malaysian mobile technology provider mTouche captured a lot of buzz after it acquired mBit, which allows users to download files, Napster-style, over mobile networks. Now the company has set its sights on global expansion: CEO Eugene Goh wants 70 percent of mTouche’s revenues to come from overseas, compared to 50 percent today. The company reported $15.6 million in revenues on $7.2 million in pretax profits last year.

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