PingChat is a free text, picture and video messaging app that’s available for BlackBerry, Android and iPhone. The app has been incredibly successful over the past two years, and has grown to more than 8 million active users with over 400% growth in 2010. The app is developed by some talented and young guys out of Waterloo and their CEO is just 22 years old. PingChat is representative of why the mobile industry is so awesome right now: young, talented, engineers, making compelling products used all around the world. Never in history has there been this much innovation by such a young demographic.