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Monday, May 6, 2013

Mobile Commerce News: MobileBits (OTCBB:MBIT) - Mucho Burrito Selects the 'SAMY' Mobile Marketing and Engagement Solution in Celebration of Cinco de Mayo

Mobile Commerce News: MobileBits (OTCBB:MBIT) - Mucho Burrito Selects the 'SAMY' Mobile Marketing and Engagement Solution in Celebration of Cinco de Mayo


MobileBits Holding Corp. is the mobile partner of Mucho Burrito's to help drive innovative marketing initiatives via mobile devices.
Category: Investment, Technology
Ideas get bigger when you share them...
2
 
Visit this company: www.mobilebits.com
TORONTO AND SARASOTA, Fla. - May 6, 2013 (Investorideas.com newswire) via PRWEB - Extreme Brandz, franchisor of Mucho Burrito, and MobileBits (OTCBB: MBIT), provider of the fast growing SAMY mobile marketing and engagement network, today announced that Mucho Burrito has launched the SAMY mobile solution for all their locations. Mucho Burrito now has the ability to offer new and existing customers deals, offers and rewards right on their smartphone in real-time. The SAMY mobile solution offers businesses a complete set of tools to market and manage engagement of mobile customers that is out-of-the-box ready to deploy.
In celebration of Cinco De Mayo, Mucho Burrito is introducing a special offer available to SAMY users for two burritos for five dollars. Further, this special offer will be available on every day of the month with a five in it (i.e. 5th, 15th, 25th). Mucho Burrito is leveraging the SAMY mobile marketing solution to reach more customers on the go to enhance their customer experience and drive more traffic to the store from the larger SAMY network of users.
"We look forward to the benefits the SAMY mobile solution will provide our restaurants, franchisors and customers," said Alex Rechichi CEO of Extreme Brandz.
SAMY is a 'Mobile Mall' that enables any merchant, retailer or brand to connect with local mobile consumers. The solution provides business a complete set of tools to connect with, create and manage mobile campaigns, deals, offers, loyalty and rewards to a subscribed mobile customer.
To learn more about what SAMY can do for your business, go to http://www.samy.net.
To learn more about Mucho Burrito, visit http://www.muchoburrito.com/.
About MobileBits Corporation
About MobileBits
MobileBits, provider of SAMY, the fast growing 'Mobile Mall' that enables any merchant, retailer or brand to connect with mobile consumers in their local area through various touch points and helps increase sales. The solution provides business a complete set of tools to connect with, create and manage mobile campaigns, deals, offers, loyalty and rewards to a subscribed mobile consumer. For more information, visit http://www.mobilebits.com.
About Extreme Brandz
Extreme Brandz is the franchisor and operator of over 300 restaurants in North America under the brand names Extreme Pita, Mucho Burrito and Pure Blendz. The company's primary objective is to set a new bar in quick, fresh and healthy dining, and maintain an "ahead of the curve" philosophy towards reshaping the landscape of the QSR marketplace. Extreme Brandz is a privately held company based out of Mississauga, Ontario, Canada.
For More Information
Brian Ehrlich
MobileBits Corp.
T: 941.225.6103
brian.ehrlich[at]mobilebits.com
or
Investor Contact:
MBC Investor Relations
Ir[at]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/2013/4/prweb10677174.htm
Contact:
MobileBits Corporation
Brian Ehrlich
brian.ehrlich@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.
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

Tuesday, April 30, 2013

Mobile Commerce Stocks to Watch: (AMZN), (EBAY), (GRPN), (MBIT)

Mobile Commerce Stocks to Watch: (AMZN), (EBAY), (GRPN), (MBIT)

Mobile Apps: eBay (NASDAQ:EBAY) is top mobile app, MobileBits (OTCBB: MBIT) and SAMY were named as a finalist in the Mobile Apps category of CTIA's annual Emerging Technology (E-Tech) Awards

Point Roberts WA – April 30, 2013 – (www.investorideas.com newswire) , Investorideas.com staff: Investorideas.com, an investor research portal specializing in investing ideas in leading sectors including tech and mobile stocks issues an investor alert for (AMZN), (EBAY), (GRPN) and (MBIT).

According to a recent report from Arbitron Mobile Oy, a wholly owned subsidiary of Arbitron Inc., (NYSE:ARB), eBay (NASDAQ:EBAY) is top mobile app in terms of smartphone share and Amazon (NASDAQ:AMZN) is top web domain for mobile-based commerce.
  
In terms of emerging companies entering the space, MobileBits (OTCBB: MBIT) issued news that their company and SAMY were named as a finalist in the Mobile Apps category of CTIA's annual Emerging Technology (E-Tech) Awards competition. The CTIA E-Tech Awards honor the industry's most innovative new wireless products and services in mobile apps, consumer electronics, enterprise & vertical markets and network. Winners will be announced at CTIA 2013(TM), taking place May 21-23, 2012 at the Sands Expo & Convention Center in Las Vegas.

SAMY is a patent pending, direct marketing and engagement network. It offers businesses an out-of-the-box, ready to deploy mobile marketing solution including online tools to connect consumers with sales and marketing initiatives such as coupons, discount offers, rewards, and loyalty programs redeemable at the point of sale (POS).

In an article in www.thestar.com last fall, Business Reporter Francine Kopun referenced SAMY as a frontrunner in the competition “A new app promises to provide consumers with a mobile mall experience, giving Groupon (GRPN) a run for its money.” 

The Arbitron report went on to say, “A greater percentage of iPhone® users (67.5 percent) use mobile apps for commerce compared to Android™ users (43.9 percent) in the Arbitron Mobile U.S. smartphone panel. iPhone users spend more time than Android users with mobile commerce apps (105.3 minutes/month vs. 87.6 minutes/month) and conduct more virtual shopping trips (35 sessions/month vs. 29.5 sessions/month.) “

Excerpt from report from Arbitron Inc., (NYSE:ARB):

Mobile Commerce Apps
Top 5 on-device mobile apps used

Mobile App
User %
Minutes/Month
Sessions/Month
eBay
14.3
108.4
34.6
Amazon Mobile
13.0
40.0
10.9
Groupon
11.1
22.2
9.1
Passbook
8.1
2.0
2.6
Craigslist Mobile
6.6
80.4
17.3
U.S. Arbitron Mobile Trends Panels™ Service, Persons 18+, February 2013

Mobile Commerce Web DomainsCompared to mobile commerce apps, web domains are accessed, whether directly by browser or as a consequence of app usage, by a significantly larger share of U.S. smartphone panelists, but the time spent and the number of sessions each month with web domains are significantly smaller.
Amazon, the leading web domain for smartphone commerce, is accessed by 34.7 percent of U.S. smartphone panelists, compared to the Amazon Mobile app, which is used by 13 percent of the panel. The Amazon users spend far less time accessing the Amazon domain than with the Amazon app (19.8 minutes/month vs. 40.0 minutes/month for the mobile app). Amazon users also access Amazon via their smartphone browser far less often—5.7 average sessions/month vs. 10.9 average sessions for the Amazon mobile app.
Mobile Commerce Web Domains
Top 5 browsing domains visited

Mobile Domains
User %
Minutes/Month
Sessions/Month
Amazon
34.7
19.8
5.7
Google
28.4
3.7
4.2
eBay
18.0
22.8
5.8
Craigslist
15.6
60.6
14.2
Walmart
15.4
8.5
3.5
U.S. Arbitron Mobile Trends Panels™ Service, Persons 18+, February 2013


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Monday, April 29, 2013

Mobile Commerce Stock Alert: MobileBits (OTCBB: $MBIT) Named Finalist in 2013 CTIA E-Tech Awards

Mobile Commerce Stock Alert: MobileBits (OTCBB: $MBIT) Named Finalist in 2013 CTIA E-Tech Awards

MobileBits Holdings Corp. Recognized for Innovation in MOBILE APPS - SHOPPING & REWARDS CATEGORY
Category: Investment, Technology
Ideas get bigger when you share them...
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Visit this company: www.mobilebits.com
Sarasota, FL - April 29, 2013 (Investorideas.com newswire) via PRWEB - MobileBits (OTCBB: MBIT) and SAMY were named as a finalist in the Mobile Apps category of CTIA's annual Emerging Technology (E-Tech) Awards competition. The CTIA E-Tech Awards honor the industry's most innovative new wireless products and services in mobile apps, consumer electronics, enterprise & vertical markets and network. Winners will be announced at CTIA 2013(TM), taking place May 21-23, 2012 at the Sands Expo & Convention Center in Las Vegas.
SAMY is a patent pending, direct marketing and engagement network. It offers businesses an out-of-the-box, ready to deploy mobile marketing solution including online tools to connect consumers with sales and marketing initiatives such as coupons, discount offers, rewards, and loyalty programs redeemable at the point of sale (POS).
Nearly 300 entries were judged by a panel of highly respected industry experts, reporters and analysts. Submissions were scored on innovation, functionality, technological importance, implementation and overall "wow" factor. E-Tech winners, including Best in Show and Online Pick will be announced at the awards ceremony on Wednesday, May 22 at 2:00 p.m. PDT at CTIA's Exhibit Innovations Stage on the trade show floor within CTIA World, booth #5646.
Between now and May 20, website visitors may vote for the "Best Online Pick" at http://www.ctiashow.com/awards. CTIA 2013 show attendees will vote on-site via text message for entries in the E-Tech Awards display to win "Best in Show."
To get smarter about CTIA 2013 or to register, visit http://www.ctia2013.com.
To learn more about SAMY visit http://www.samy.net
About CTIA Shows
CTIA Shows bring together all industries advanced by wireless technology for intense business, learning and networking. CTIA 2013(TM) takes place May 21-23, 2013 at the Sands Expo & Convention Center in Las Vegas and MobileCON(TM) 2013 takes place Oct. 16-18, 2013 at the San Jose Convention Center in Silicon Valley.
About CTIA
CTIA--The Wireless Association(R) (http://www.ctia.org) is an international organization representing the wireless communications industry. Membership in the association includes wireless carriers and their suppliers, as well as providers and manufacturers of wireless data services and products. CTIA advocates on behalf of its members at all levels of government. The association also coordinates the industry's voluntary best practices and initiatives, and sponsors the industry's leading wireless tradeshows. CTIA was founded in 1984 and is based in Washington, D.C.
About MobileBits Corporation
About MobileBits
MobileBits, provider of SAMY, the fast growing 'Mobile Mall' that enables any merchant, retailer or brand to connect with mobile consumers in their local area through various touch points and helps increase sales. The solution provides business a complete set of tools to connect with, create and manage mobile campaigns, deals, offers, loyalty and rewards to a subscribed mobile consumer. For more information, visit http://www.mobilebits.com.
For More Information
Brian Ehrlich
MobileBits Corp.
T: 941.225.6103
brian.ehrlich[at]mobilebits.com
or
Investor Contact:
MBC Investor Relations
Ir[at]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/2013/4/prweb10677174.htm
Contact:
MobileBits Corporation
Brian Ehrlich
brian.ehrlich@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.
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

Thursday, April 25, 2013

MOBILE COMMERCE STOCK ALERT: MOBILEBITS (OTCBB:MBIT) AND THE INTERNATIONAL RETAIL USER GROUP ANNOUNCE KEY FINDINGS OF THE 2013 MOBILE STRATEGY SURVEY

Sarasota, FL - April 25, 2013 (Investorideas.com newswire) Mobile Stock breaking news: T he International Retail User Group (IRUG) and MobileBits (OTCBB: MBIT) announced today the results of their 2013 Mobile Strategy Survey targeting leading retail IT decision makers and members of IRUG who represent the top 100 retailers in the United States. Among the findings and highlights of the survey, respondents indicated that an integrated mobile strategy, specifically including mobile marketing and customer engagement are high priorities. Further, the survey indicates that retail technology teams are viewing mobile, mobile marketing and payment solutions, such as EMV, as an integrated solution in order for the entire platform to be scalable and remain synchronized.
Investorideas.com Newswire
The survey revealed the top mobile marketing issues facing retailers:
  • Mobile strategy is a critical component of IT planning in the next 24 months
  • Almost 90% already or are planning a mobile strategy
  • 38% are focusing on mobile offers and promotional redemptions as their top priority
  • Software and systems integration is the biggest challenge to integrating a mobile strategy
  • Customer engagement leads the desired objectives of mobile strategy with customer service, increased revenue and operational efficiencies also high priorities
"Our members, as key technology influencers in their organizations, realize that integrating mobile solutions into their IT strategy is no longer a wish list item, but a necessity," said Ervin Jones, Director of Marketing and Logistics for IRUG. "With the growing demand consumer's are exhibiting using mobile devices as a preferred communication channel; our members are thinking about how to integrate EMV, mobile payments and marketing together into an all inclusive mobile strategy. The survey reveled that while there are priority levels, the mobile strategy must address all the elements".
Investorideas.com Newswire
Investorideas.com Newswire
The survey focused on understanding where key decision makers where in the process of planning and integrating various mobile functionality strategies into their IT planning process. The survey helped to identify the most relevant and pressing issues, challenges and timelines that organizations are currently facing. The data suggest the large majority are already incorporating or planning a mobile strategy and that direct consumer calls to actions (i.e. deals and promotions) are a top
priority as part of that planning.
"The survey results reinforces our efforts as we continue to help merchants, retailers and businesses by providing them with the SAMY solution ," said Walter Kostiuk, CEO of MobileBits. "It squarely addresses their mobile marketing needs and integration challenges by providing a complete turn-key solution that can be incorporated into almost any existing IT configuration."
Investorideas.com Newswire To download a complimentary copy of the mobile marketing portion of the results, please click the following link 2013 MobileBits - IRUG Survey .
To learn more about MobileBits' SAMY solution, please visit www.samy.net .
To learn more about becoming a member of IRUG, please visit www.Intrug .org .
About IRUG
The International Retail Users Group has, for over thirty five years, provided a platform for hundreds of retailers and solution providers to advance retail systems technology. One of the last of the "true" user groups, it is owned and run by the representatives of the over 300 retail companies that make up it's membership. The group focuses on advancing the state of the art of retail technology for all aspects of the retail enterprise. It is an independently-run, mutual benefit organization of retailers, and providers of retail solution products and services . For more information, visit us at: www.Intrug .org .
About MobileBits Corporation
MobileBits, provider of SAMY, the fast growing 'Mobile Mall' that enables any merchant, retailer or brand to connect with mobile consumers in their local area through various touch points and helps increase sales. The solution provides business a complete set of tools to connect with, create and manage mobile campaigns, deals, offers, loyalty and rewards to a subscribed mobile consumer. MobileBits operates offices in Los Angeles, Sarasota, FL and Zurich, Switzerland. For more information, visit www.mobilebits.com or www.samy.net .
Media contacts : Brian Ehrlich
MobileBits Corp.
brian.ehrlich@mobilebits.com
+1 941-225-6103

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

Monday, April 22, 2013

Investing Idea; India's 700 Million Unbanked Population: Mobile Payment Stocks to Watch: (C), (CLPI), (VOD)

Point Roberts, WA - April 22, 2013 (Investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in investing ideas in leading sectors reports on the emerging mobile payment sector in India, estimated to represent a 700 Million unbanked population and how investors can participate in the play.

According to a recent article in Times of India, venture capitalists see the significant opportunity and are investing heavily in the e-payment sector . "A combination of positive regulatory intent and growing market demand is leading to a burst of entrepreneurial activity in the country's electronic payments sector. A number of new ventures offering innovative cashless payment methods are coming up as investors step up to fund and support them."
For investors looking for publicly traded companies in the space, there are a handful of companies already gaining traction.
India Mobile Payment Stocks Snapshot
Calpian, Inc. (OTCQB: CLPI) reported in early April that its Indian subsidiary, Money-on-Mobile, had its largest growth month to date. According to the press release, " As of March 31, 2013, the Money-on-Mobile service offered by its Indian subsidiary, is now being supported by over 130,250 retail locations, increased from 126,200 on February 28, 2013, and accessed by approximately 44 million unique phone number customers, up from the 39.5 million reported from the previous month. The March 2013 processed transaction volume, measured in Indian rupees, was 810 million INR - an approximate 149 million increase over February 2013 processed volume. At current exchange rates, March processed transaction volume was approximately $15 million.
Calpian's (OTCQB: CLPI) stock is trading in the $2.00 range with a 52 week high of $3.25.
According to Calpian CEO, Harold Montgomery, "The growth of Money-on-Mobile is nothing short of astounding. We continue to see, month after month, the number of unique users, retail outlets and processed volume increase dramatically. We could not be more pleased that Money-on-Mobile is thriving in the Indian marketplace."
Last week Vodafone (NASDAQ:VOD) India and ICICI Bank launched M-Pesa - a leading mobile money transfer and payment service .
According to the press release, " Pesa was launched by Vodafone in 2007 and is now available in eight countries, including Kenya, Tanzania and the Democratic Republic of Congo. The service allows customers to send and receive small amounts of money via their mobile phones as securely and simply as sending a text message. Prior to M-Pesa, many people in developing markets had no choice but to move cash around in person or by public transport, exposing them to delays, personal risk and loss of money in certain cases.
Following a successful trial, the service will be offered initially through more than 8,300 specially trained and authorised M-Pesa agents in eastern areas of India, including Kolkata, West Bengal, Bihar and Jharkhand, covering a population of around 220 million people. The service will be rolled out across the rest of India in a phased approach."
Vodafone (NASDAQ:VOD) is trading at $29.71, up 0.12(0.41%) 9:49AM EDT on just under 900,000 shares.
Citibank Indiaa subsidiary of Citigroup, Inc. (NYSE:C) announced earlier this year its launch of a fully integrated and certified mobile payment solution in India and across the Citigroup network, globally. The stock is trading at $44.91 on just over 1.8 million shares in early morning trading.
Investors can research more mobile payment stocks with Investorideas.com stock directories
*article source: http://articles.timesofindia.indiatimes.com/2013-04-01/internet/38188848_1_bhaktha-kesavachar-electronic-transactions-abhijit-bose
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or securities. Disclosure: CLPI has compensated Investorideas, com for news publication and content marketing and distribution-five thousand per month and owns 4000 144 shares http://www.investorideas.com/About/Disclaimer.asp
This site is currently compensated by featured companies, news submissions and online advertising.
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Thursday, April 18, 2013

Mobile Stock News; Calpian, Inc. (CLPI) Goes Mobile on Two Continents

April 18, 2013 (Investorideas.com mobile payment stocks newswire) Investorideas.com, a leader in sector research for independent investors, reports on recent developments with Calpian, Inc. (OTCQB:CLPI). Calpian is a Dallas-based company which acquires retail credit and debit card processing cash flows from Independent Sales Organizations (“ISOs”) in the United States. The company also is a substantial owner of the largest mobile money transfer company in India, known as Money- on - Mobile, which allows consumers to pay bills and send money to other users throughout India, a service which regulatory changes made possible in just 2011 and which provides a greenfield opportunity in this country of 1.2 billion people. Additionally, Calpian's recent acquisition has expanded the company's mobile payment presence to now include the U.S., in addition to its Money-on-Mobile subsidiary in Mumbai, India.

On March 18 th Calpian announced it had completed the purchase of the assets of Pipeline Data, including its proprietary payments-related software and services and access to third-party payment platforms.
According to recent filings in the bankruptcy court for Pipeline Data, the company generated roughly $27 million in gross revenues.
Calpian, Inc.'s President, Craig Jessen, said in a March 18 th press release, "This acquisition represents Calpian Inc.'s commitment to becoming a world-class payments company with leading-edge solutions for virtually every payment scenario.”
According to the company's website, Calpian appears to be rebranding the new acquisition as Calpian Commerce, and rethinking its marketing strategy.
From recent additions to the company's website for Calpian Commerce, it describes its mobile payments solution, AIRCHARGE™, as a wireless terminal that communicates with the processor via the company's proprietary payment gateway, SecurePay™.  AIRCHARGE™ may be ideally suited for any merchant - large or small - with a mobile business.  It is different from other mobile solutions as it supports payment processing for merchants with one or multiple business operations allowing for simpler, quicker and more accurate reconciliation, all through the company's proprietary gateway, SecurePay™. A plumbing service with a fleet of trucks, for example, can completely process electronic payments with real-time authorizations and printed receipts while at each service location.  The company's products are expected to cut down on the cost of accepting electronic payments and help the merchant be more competitive by offering its customers cost -effective preferred payment options.
According to the company's March 18 th press release, "Calpian Commerce offers access to leading third party payment platforms to process credit and debit card transactions [through its SecurePay™ payment gateway], ACH, [and] mobile acceptance [through its AIRCHARGE™ product] to merchants in the U.S. operating in the physical “brick and mortar” environment as well as over the Internet, and in settings requiring wired as well as wireless/portable payment solutions."
On April 3 th, Calpian, Inc. reported that, as of March 31 st, 2013, Money-on-Mobile is now being supported by over 130,250 retail locations, increased from 126,200 on February 28 th and accessed by approximately 44 million unique phone number customers, up from the 39.5 million reported from the previous month. The March 2013 processed transaction volume, measured in Indian rupees, was 810 million INR - an approximate 26.6% increase over February 2013 processed volume. At current exchange rates, March processed transaction volume was approximately $15 million.
Going forward, it will be interesting to see whether the company might soon qualify for listing on a major exchange where it could enjoy greater visibility and build a more robust following of its shares. If that were to happen, acting ahead of such a move could represent a buying opportunity. However, it is impossible to say whether or not such a move is likely and /or predict how it might affect the performance of the stock.
CLPI 8K Filing:http://biz.yahoo.com/e/130305/clpi8-k.html
More about CLPI: http://www.calpian.com/
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800-665-0411 - Source - www.Investorideas.com, Calpian, Inc.

Thursday, April 4, 2013

Mobile Payment Stock Alert; Calpian's (OTCQB: CLPI) Emerging Market Mobile Payments Solution Experiences Largest Growth Month to Date

DALLAS, Texas - April 4, 2013 (Investorideas.com mobile payment stocks newswire) Calpian, Inc. (OTCQB:CLPI) announces that, as of March 31, 2013, the Money-on-Mobile service offered by its Indian subsidiary is now being supported by over 130,250 retail locations, increased from 126,200 on February 28, 2013, and accessed by approximately 44 million unique phone number customers, up from the 39.5 million reported from the previous month. The March 2013 processed transaction volume, measured in Indian rupees, was 810 million INR � an approximate 149 million increase over February 2013 processed volume. At current exchange rates, March processed transaction volume was approximately $15 million.

According to Calpian CEO, Harold Montgomery, "The growth of Money-on-Mobile is nothing short of astounding. We continue to see, month after month, the number of unique users, retail outlets and processed volume increase dramatically. We could not be more pleased that Money-on-Mobile is thriving in the Indian marketplace."
About Calpian, Inc.
Calpian, Inc. (OTCQB: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 wholly owned subsidiary, Calpian Commerce, provides the merchant community with an integrated suite of payment platforms and related software based products. Calpian Commerce offers access to leading third party payment platforms to process credit and debit card transactions, ACH, mobile acceptance and gateway payment solutions to merchants in the U.S. operating in the physical �brick and mortar� environment as well as over the Internet, and in settings requiring wired as well as wireless/portable payment solutions. Calpian Commerce delivers its products and services to merchants via three delivery chains: a direct sales force, ISOs and Agent Banks.
Calpian's Indian subsidiary offers Money-on-Mobile, a pre-paid mobile payment solution, to more than 126,000 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.
Contact:
Calpian, Inc.
Cynthia Bailey, 214-758-8600
Chief Marketing Officer
cbailey@calpian.com
or
Company Contact:
Harold Montgomery, 214-758-8600
CEO
haroldmontgomery@calpian.com
or
Investor Relations Contact:
John Liviakis, 415-389-4670
john@Liviakis.com
Published at Investorideas.com newswire
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