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Wednesday, July 24, 2013

Investorideas.com - A great time to own land in Argentina

Investorideas.com - A great time to own land in Argentina

July 24, 2013 (www.investorideas.com newswire) Moneyweek.com- This has been a painful year so far for Latin America 's farmers. From Colombia 's coffee heartlands to Argentina 's rolling pampas, farmers are being hit by falling prices. Sugar is down around 50% from its 2010 peak, while coffee has fallen by more than 50%. Cereals, which are also down 24%, look likely to take another hit later on this year as analysts expect America to deliver a record-breaking grain harvest. It's been a rude awakening.
Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner
Unsurprisingly the price drops have scared investors. In times of a food crisis people often blame 'speculators', the non-agricultural investors who buy into soft commodities for pushing up the price. But it works both ways. When these speculators get cold feet they can often exacerbate price drops too. And that's exactly what's happening at the moment.

China Social Media and Online Education Company, UMeWorld Limited (OTCQB: UMEWF), Investor Fact Sheet

HONG KONG - July 24, 2013 (Investorideas.com newswire) UMeWorld Limited (OTCQB: UMEWF) is an emerging digital media company focused on facilitating the interaction between people -- "You" and "Me," through its UMeLook and SmartStar digital platforms. Currently, the Company’s main business focus is on the Chinese online video and online education market.
Share Price $0.36
Shares Outstanding 89,036,000
Market Cap. $32.05 Million
52 Week High $0.79
52 Week Low $0.0001
as of July 22, 2013
Investorideas.com Newswire

Investorideas.com Newswire UMeLook.com is a niche player in the Chinese online video market, wherein the competition is focused on local TV series and, we different ourselves by focusing on foreign videos of less than 10 minutes duration and target affluent Chinese viewers between the age of 18-45 who are interested in foreign information, products and brands. UMeLook.com has also succeeded in entering the Chinese online video market where global players such as YouTube and Dailymotion are blocked and inaccessible in China. UMeLook.com will continue to drive viewership aggressively and in conjunction, are preparing to launch a global e-commerce platform assisting small and medium brands from worldwide sources, to expand into the Chinese market.
SmartStar is a cloud-based, online testing and assessment education platform using a proprietary adaptive learning technology, designed to enhance the performance of Chinese teachers and students. Unlike traditional online courseware, SmartStar provides a concept-level assessment and evaluation of a student's learning progress. It identifies the student's strengths and weaknesses, their proficiency in a given subject area and personalizes the delivery of proprietary educational items according to the student's learning needs. SmartStar is also capable of providing scoring and statistical analysis of exams and evaluations and to provide administration of local and nationally standardized exams. It is ideal for schools and teachers.
The K-12 education system in China is the largest in the world comprising 230 million students and 12 million teachers. Chinese families spend more discretionary income on education than anything other expense, except for housing. The educational landscape in China is highly competitive. Schools dictate entrance requirements for students. This motivates parents to ensure that their children have access to the best educational tools. SmartStar is one such tool.

As prepared by the company, UMeWorld Limited (OTCQB:UMEWF)
Published at Investorideas.com – Big Ideas for Global Investors
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

Tuesday, July 23, 2013

Mobile Commerce Stock Alert: Samy Gets New App Redesign for Apple iPhone & Google Android-based Smartphones

SARASOTA, Fla. - July 23, 2013 (www.investorideas.com newswire) via PRWEB - MobileBits, (OTCBB: MBIT), provider of the SAMY(TM) mobile marketing and engagement network, today announced that it has released version 1.5 of its SAMY mobile application suite which includes updates for Apple iOS, availability for popular Android-based smartphones such as Samsung Galaxy, LG, HTC, Sony Ericsson and Motorola, a brand new Amazon Kindle app as well as support for BlackBerry 10 OS phones.
SAMY 1.5 features a redesigned user interface for iOS, as well as an upgrade to the overall application features including faster loading times and responsiveness. It also includes new location functionality support for Android OS, which is now integrated with Google services enabling driving direction integration and seamless location service updates.
A report from Kantar Worldpanel ComTech reveals Android leads smartphone sales and boasts a market dominating 52 percent of the market, but iOS is closing the gap with 41.9 percent of sales. Apple iOS and Android OS represent almost 94 percent of all smartphones sold today.
SAMY is the award-winning, patent-pending direct mobile marketing and engagement network that enables merchants and shopping centers to extend their brands and exclusive promotions to popular smartphones and engage with new and existing customers. SAMY also provides merchants an easy way to quickly integrate important retail touch points including point of sale (POS), gift cards, mobile offers, loyalty systems, social media and more into one single customizable mobile platform.
To get SAMY on your smartphone and start saving today, go to your AppStore and download SAMY or visit samy.com.
About MobileBits Corporation
MobileBits, provider of SAMY, the fast growing 'Mobile Mall' that provides any merchant, retailer or brand with an out-of-the box, ready to deploy, mobile commerce platform to connect with consumers in their local area and help increase sales in the physical store. The solution provides businesses a complete set of tools to connect with, create and manage mobile campaigns, deals, offers, commerce, loyalty and rewards to a subscribed mobile consumer. For more information, visit http://www.mobilebits.com or http://www.samy.com.
Forward-Looking Safe Harbor Statement
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include our ability to: attract end users; attract advertisers; our ability to successfully implement our current long-term growth strategy; as well as product demand, market competition, fluctuations in advertising payouts, delays in website & application development, technical issues beyond our control, reliance on the various platforms that we build applications on, and risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.
This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2013/7/prweb10942190.htm
Contact:
MobileBits Corporation
JoLynn Blatz
jolynn.blatz@mobilebits.com
941.225.6103
Published at Investorideas.com newswire
Disclaimer / Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products Or securities. Investorideas.com was compensated one hundred fifty dollars for this single news release.
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This site is currently compensated by featured companies, news submissions and online advertising.
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

Wednesday, July 17, 2013

Mobile Payments in India; Calpian's (OTCQB: CLPI) Indian Subsidiary Money-on-Mobile Grows to Serve over 57 Million Unique Users and adds Android Solution

Point Roberts, WA, New York, NY - July 17, 2013 (Investorideas.com newswire) Investorideas.com staff: Investorideas.com, a research portal featuring investing ideas in leading sectors, issues a snapshot of India’s mobile payment market and news from Calpian, Inc. (OTCQB: CLPI ), a company in the mobile payments emerging-market through its subsidiary in India.

According to a report from Gartner in June, "Worldwide mobile payment transaction values will reach $235.4 billion in 2013, a 44 percent increase from 2012 values of $163.1 billion, according to Gartner, Inc. The number of mobile payment users worldwide will reach 245.2 million in 2013, up from 200.8 million in 2012. From a regional perspective, Asia/Pacific's transaction value is expected to grow 38 percent in 2013 to reach $74 billion. Deployments in developed markets such as South Korea and Singapore and in developing markets such as India are expected drive healthy growth in this region."
In April Gartner reported India’s mobile services market will reach Rs.1.2 trillion in 2013, up 8 percent from 2012 revenue of Rs. 1.1 trillion, according to Gartner, inc. Mobile connections will grow to 770 million in 2013, an 11 percent increase from 712 million connections in 2012.
Calpian, Inc. ( OTCQB:CLPI ), one of the first companies in the space, reported this week that as of June 30, 2013, the Money-on-Mobile service offered by its Indian subsidiary is now being supported by 143,057 retail locations, increased from 138,711 on May 31, 2013. Additionally, Money-on-Mobile was accessed by approximately 57.8 million unique phone number customers as of June 30, 2013, up from the 53 million reported from the previous month.
According to Calpian CEO, Harold Montgomery, "With the recent launch of an Android solution, Money-on-Mobile is poised to extend its growth into entirely new Indian consumer markets. We could not be more pleased with its performance."
Calpian, Inc. (CLPI) is a publicly traded company with corporate offices in Dallas, Texas, operating centers in Georgia, New York and Illinois and mobile payments emerging-market operations through its subsidiary in India.
Calpian's Indian subsidiary offers Money-on-Mobile, a pre-paid mobile payment solution, to more than 143,057 Indian retail locations. Calpian's management team has over 70 years in combined experience in the payments business. Calpian's CEO, Harold Montgomery, is a recognized industry leader who has provided expert testimony to the U.S. Congress and Federal Reserve Bank on payments-related issues and regularly appears in numerous industry publications, such as Transaction World Magazine. www.calpian.com
Money-on-Mobile was just featured in Lightreading.com - Indian Telecom Startups Set To Beat The Downturn
http://www.lightreading.in/lightreadingindia/special-feature/172009/indian-telecom-startups-set-beat-downturn
In other news Mobikwik, an India-based recharge and online payment service provider announced a new release of its Android application.
Gartner also noted in its report in April, "As India plays catch up with the rest of the world in terms of mobile broadband adoption, telecom operators need to think of growing the top line through innovative services. Further rural expansion of mobile services will come at a cost. In India, innovation in utility apps that help bring efficiencies in a consumer’s life will bring in sustained revenue and will be relatively more difficult to replicate by new entrants. While social and video apps are doing extremely well in India, Ms. Verma said it is time to look beyond these and deliver apps that can have a sustained business model. Operators need to insert themselves into the value chain of these new apps and services. "
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Disclaimer/ Disclosure : Disclaimer/ Disclosure: Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: CLPI has compensated Investor Ideas ive thousand per month
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Tuesday, July 16, 2013

Mobile Payment Stock Alert: CALPIAN'S (CLPI) Money-on-Mobile grows to serve over 57 million unique users

July 16, 2013 (Investorideas.com mobile payment stocks newswire) Mobile Payment stock breaking news; Calpian, Inc. ( OTCQB:CLPI ) announced today that, as of June 30, 2013, the Money-on-Mobile service offered by its Indian subsidiary is now being supported by 143,057 retail locations, increased from 138,711 on May 31, 2013. Additionally, Money-on-Mobile was accessed by approximately 57.8 million unique phone number customers as of June 30 , 2013, up from the 53 million reported from the previous month.

According to Calpian CEO, Harold Montgomery, "With the recent launch of an Android solution, Money-on-Mobile is poised to extend its growth into entirely new Indian consumer markets. We could not be more pleased with its performance."
About Calpian, Inc.
Calpian, Inc. (CLPI) is a publicly traded company with corporate offices in Dallas, Texas, operating centers in Georgia, New York and Illinois  and mobile payments emerging-market operations through its subsidiary in India.
Calpian's Indian subsidiary offers Money-on-Mobile, a pre-paid mobile payment solution, to more than 143,057 Indian retail locations. Calpian's management team has over 70 years in combined experience in the payments business. Calpian's CEO, Harold Montgomery, is a recognized industry leader who has provided expert testimony to the U.S. Congress and Federal Reserve Bank on payments-related issues and regularly appears in numerous industry publications, such as Transaction World Magazine. Please visit our website at www.calpian.com for more information.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy, liquidity, and building a larger credit facility. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Media Contact:
Cynthia Bailey, CMO 404.886.8885 cbailey@calpian.com
Company Contact:
Harold Montgomery, CEO 214.758.8603 haroldmontgomery@calpian.com
Investor Relations Contact:
Liviakis 415.389.4670 john@Liviakis.com
Published at www.investorideas.com newswire
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Disclaimer/ Disclosure: Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: CLPI has compensated Investor Ideas effective December 19 th: five thousand per month and restricted 144 shares.
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

Monday, July 15, 2013

China's Online Education Market: Stocks to Watch: UMEWF, EDU, DL, XRS

New York, NY, Point Roberts, WA - July 15, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors issues a sector snapshot of the online China education market and some of the publicly traded companies going after market share.

According to an article in technode.com quoting CEO of New Oriental, “ 40% of China’s Existing Education Market Will Be Online in 3-5 Years.
The online education industry is still in its infancy compared to the potential it represents down the road as China’s hunger for education explodes..
A recent article in Techcrunch.comn said, “ education institutions are now struggling with demand, especially in fast-growing markets like China. Schools there literally can’t build enough buildings to put people in their colleges, he said, and are trying to figure out how to handle issues like students that are sometimes seven hours away from their nearest physical campus. Online education means you can scale immensely without worrying about growing the physical plant and those costs, and it also means students need only a phone to participate, lowering costs immensely."
According to data from MarketResearchReports.Biz,"in China, the market size of the education and training industry soared from RMB610 billion in 2008 to RMB955.4 billion in 2012, with the CAGR of 11.87%."
Wall Street Journal said in its recent article, Online Education, A New Frontier in China , "Changing views of education in China make a shift to more online education inevitable. Chinese students are becoming less fixated on tests. Parents are increasingly sending their children to English-immersion camps abroad rather than classrooms. Today's children are more comfortable with e-learning."
UMeWorld (OTCQB: UMEWF) operates UMeLook (www.umelook.com), an online video platform focused on bringing foreign video content to China and has recently branched out into the online education market. The Company just announced the launch of its SmartStar Home Version Subscription Service. The Company is a step closer to commercializing its digital education platform and is on track to becoming a leading education service provider in China.
SmartStar Home Version will be available through a monthly subscription of CNY$75 (US$12), enabling the user to have unlimited service access via the internet. This will initially target students in Grades 5 through 9. The Company will introduce other grades systematically over the coming quarters.
The stock closed at $0.4760, up 0.0360 or 8.18% in Friday’s session.
Investorideas.com Newswire New Oriental Education (NYSE:EDU) will report its financial results for the fourth fiscal quarter ended May 31, 2013, before the U.S. market opens on July 23, 2013.. The company is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence. The stock has a 52 week range of $9.410 $24.15 and is currently trading around its highs .
China Distance Education Holdings Limited (NYSE:DL) online courses are designed to help professionals and other course participants obtain and maintain the skills, licenses and certifications necessary to pursue careers in China in the areas of accounting, law, healthcare, construction engineering, and other industries. The Company also offers online test preparation courses to self-taught learners pursuing higher education diplomas or degrees and to secondary school and college students preparing for various academic and entrance exams. In addition, the Company offers online foreign language courses and offline business start-up training courses. The stock closed at $7.65 on Friday and has had a significant move in the past few months, moving up from a base of around $5.00
Investorideas.com Newswire TAL Education Group (NYSE:XRS) will release its unaudited financial results for the first quarter of fiscal year 2014 ended May 31, 2013, before the market opens on Monday, July 22, 2013.
The company operates www.eduu.com, a leading online education platform in China.
Additional stocks in the sector include China Education Alliance Inc. (OTC:CEAI) and ChinaCast Education Corp. (OTC:CAST)
MarketResearchReports.Biz also note ,"More and More Education Groups and Internet Enterprises Are Tapping Online Education Field. Education institutions are launching online courses covering a wide range of domains, such as foreign language, qualification test, skill education, and tutoring for students at elementary and secondary schools; on the other hand, internet enterprises are making positive efforts in building platform to share education content.
Article sources :
http://technode.com/2013/05/28/40-of-china-existing-education-market-will-be-online-in-3-5-years-ceo-of-new-oriental-education-technology/
http://techcrunch.com/2013/07/11/blackboard-co-founders-says-online-education-set-to-put-price-pressure-on-traditional-schools/
http://www.sbwire.com/press-releases/laetst-research-china-education-and-training-industry-report-2013-2016-at-marketresearchreportsbiz-279609.htm
http://online.wsj.com/article/SB10001424127887324879504578599083482117730.html
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Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : two thousand per month
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
800-665-0411 - Source - www.Investorideas.com

Wednesday, July 10, 2013

China Social Media Stock Alert: UMeWorld (OTCQB:UMEWF) Unveils SmartStar Home Version Pricing and Charge Cards for Online Education Services in China

HONG KONG - July 10, 2013 (Investorideas.com newswire) MeWorld Limited (OTCQB: UMEWF) is pleased to announce the launch of its SmartStar Home Version Subscription Service. The Company is a step closer to commercializing its digital education platform and is on track to becoming a leading education service provider in China.

SmartStar Home Version will be available through a monthly subscription of CNY$75 (US$12), enabling the user to have unlimited service access via the internet. This will initially target students in Grades 5 through 9. The Company will introduce other grades systematically over the coming quarters.
UMeWorld is currently in advance stage negotiations with several companies for the national distribution of SmartStar Charge Cards, in CNY$200 (US$33), CNY$500 (US$82) and CNY$1,000 ($163) denominations. These Charge Cards will be used solely as payment for product purchases over the SmartStar platform and will carry a 12 months expiration limit once activated.
About SmartStar
SmartStar is a cloud-based adaptive learning education platform. Unlike traditional online courseware, SmartStar provides a concept-level assessment and evaluation of a student's learning progress. It identifies the student's strengths and weaknesses, their proficiency in a given subject area and personalizes the delivery of proprietary educational items according the student's learning needs.
About UMeWorld
UMeWorld's mission is to facilitate the interaction between people -- "You" and "Me," through its digital platform. Currently, UMeWorld operates UMeLook (www.umelook.com), an online video platform focused on bringing foreign video content to China. UMeLook is deployed through a sophisticated CDN (Content Delivery Network) with broad coverage throughout mainland China, Hong Kong & Taiwan. UMeLook plans to be a source of foreign video content for the Chinese viewer across any Internet-enabled device in China. UMeWorld intends to focus its future operations on digital media and the digital education market.
Forward Looking Statement
Statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. We assume no obligation to publicly update or revise any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release, even if new information becomes available in the future. For a more detailed description of the risk and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission.
For more information, please contact:
UMeWorld Limited
E-mail: info@UMeWorld.com
Published at Investorideas.com – Big Ideas for Global Investors
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Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : two thousand per month
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

Monday, July 8, 2013

Mobile Commerce Stock Alert: SAMY Launching in the Middle East - GCC Region and Turkey

DUBAI AND SARASOTA, Fla. - July 8, 2013 (Investorideas.com newswire) via PRWEB - Ignivia Technologies FZCO, a leading services provider, and MobileBits Corp., (OTCBB: MBIT), provider of the SAMYSMmobile marketing and engagement network, today announced they have signed a multi-year, exclusive master agreement to sell SAMY in Turkey and the Middle East's Gulf Cooperation Council Region (GCC), which includes the United Arab Emirates (UAE), Kuwait, Bahrain, Qatar, Oman, Saudi Arabia, Jordan and Lebanon.
SAMY is the award-winning, patent-pending direct mobile marketing and engagement network that enables merchants and shopping centers to extend their brand to popular smartphones and engage with new and existing customers. SAMY also provides merchants an easy way to quickly integrate all the important retail touch points including point of sale (POS), gift cards, mobile offers, loyalty systems and more into one single, synchronized mobile platform.
"MobileBits has been gaining significant inroads in the European and American markets; we are delighted with this partnership and look forward to contributing to its continued success by adding another success story in the Middle East. There is a particularly robust outlook for mobile marketing and engagement solutions and our role will be to bring the best benefits and experience to both retailers and end users," said Mr. Yousef Shreim, President, Igniva Technologies.
According to AT Kearney, four of the Gulf States are in the top 20 countries of the 2013 Global Retail Development index with the UAE ranked fifth (5th), Kuwait ninth (9th), Saudi Arabia sixteenth (16th) and Oman seventeenth (17th).
"The Middle East has emerged as a hotbed of technology initiatives given the aggressive modernization projects being undertaken across the region. We view this as a very important strategic move that will strengthen both MobileBits and Igniva Technologies' presence in the region," added Mr. Yousef Shreim.
"We welcome the teams in the GCC region and Turkey. We believe that our SAMY re-seller model is uniquely designed for partners who have the ability to operate and manage the SAMY program in their country of experience," said Walter Kostiuk, President & CEO of MobileBits. "Ignivia brings an important sales and support component which will enable them to deliver tremendous value to the region's merchants and brands."
The GCC is the third territory where MobileBits has signed agreements with a master reseller partner to distribute SAMY. Earlier, MobileBits signed master agreements with partners in Italy and Russia, who recently expanded their partnership to include Ukraine; bringing the new total number of countries to sixteen (16).
About MobileBits Corporation
MobileBits, provider of SAMY, the fast growing 'Mobile Mall' that provides any merchant, retailer or brand with an out-of-the box, ready to deploy, mobile commerce platform to connect with consumers in their local area and help increase sales in the physical store. The solution provides businesses a complete set of tools to connect with, create and manage mobile campaigns, deals, offers, commerce, loyalty and rewards to a subscribed mobile consumer. For more information, visit http://www.mobilebits.com or http://www.samy.com.
Forward-Looking Safe Harbor Statement:
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include our ability to: attract end users; attract advertisers; our ability to successfully implement our current long-term growth strategy; as well as product demand, market competition, fluctuations in advertising payouts, delays in website & application development, technical issues beyond our control, reliance on the various platforms that we build applications on, and risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.
For more information contact:
JoLynn Blatz
MobileBits Corp.
T: 941.225.6103
jolynn.blatz@mobilebits.com
This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2013/7/prweb10898187.htm
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