MOBI724 Global Solutions (TSX-V: MOS) Announces Successful Testing of White-Label Offering with Datavalet Technologies and Jo...
24 März 2020 - 1:45PM
Mobi724 Global Solutions Inc. (“Mobi724” or the
“Company”) (TSX-V: MOS), a fintech company that offers a suite of
integrated technology-agnostic, BI & AI powered
card-linked promotions and reward solutions, announced today that
it has successfully completed the testing phase with Datavalet
Technologies Inc. (“Datavalet”), a leader in wireless network
management. The successful testing completes the initial phase of
the commercialization plan for a white-label proximity marketing
solution, developed jointly by both companies.
The goal of Datavalet and Mobi724 is to provide
proximity marketing solutions to Datavalet’s clients, enabling
retailers and restaurants to provide location-based and
behaviour-driven incentives to their customers in real-time. The
successful completion of the test allows Datavalet to launch this
new capability in the North American market in Q2 2020.
Marcel Vienneau, CEO of Mobi724 said: “The
collaboration between our companies is of great value for Mobi724.
The proximity marketing solution allows our Smart Transactions
processing platform to proactively engage customers with
personalized offers in real-time, and we intend to export this
offering across our target markets. We are very happy to jointly
deploy such an innovative product in Canada, particularly in
partnership with a true market leader like Datavalet.”
“Global brands have been relying on Datavalet’s
managed Wi-Fi solutions to monetize their Wi-Fi networks for over
20 years,” said Toby Chang, COO at Datavalet. “This new proximity
marketing solution gives retailers and restaurants yet another
powerful tool for creating the personalized in-store experiences
customers love. We look forward to furthering this partnership and
launching this solution across North America.”
About Datavalet Technologies Inc.
Your Network, Your Branches, Your Customers.
For the last 20 years, Datavalet has designed, deployed and
managed Wi-Fi networks for some of the world’s biggest brands,
including restaurant chains, banks, airports, and more. Its full
range of managed Wi-Fi solutions and services allow businesses to
get the most from their Wi-Fi network without straining their
internal IT resources. Learn more at Datavalet.com.
About Mobi724 Global Solutions Inc.
“Processing Smart Transactions Anywhere”
Mobi724 Global Solutions Inc. (TSX-V: MOS) is a
Fintech company headquartered in Montreal, Canada. The company
offers a suite of integrated technology-agnostic, BI & AI
powered card-linked offers & reward solutions that work with
any digital payment method, at any point of sale, both online and
in physical locations. Mobi724’s global processing platform enables
card issuing banks, payment networks, merchants and
loyalty program operators to generate incremental revenues by
driving new commercial opportunities, while delivering seamless
engaging and rewarding experiences to cardholders.
Legal Disclaimer
Certain statements in this document, including
those which express management expectations or estimations with
regard to the Company’s future performance, constitute
“forward-looking statements” as understood by applicable securities
laws. Forward-looking statements are, of necessity, based on a
certain number of estimates and hypotheses; while management
considers these to be accurate at the time they are expressed, they
are inherently subject to significant uncertainties and risks on
the commercial, economic and competitive levels. We advise readers
that these forward-looking statements are subject to risks,
uncertainties, and other known and unknown factors that may cause
the actual results, performance or achievements of the Company to
be materially different from any future results, performance or
achievements expressed or implied in these forward-looking
statements. Investors are advised to not rely unduly on the
forward-looking statements. This advisory applies to all
forward-looking statements, whether expressed orally or in writing,
attributed to the Company or to any individual expressing them in
the name of the Company. Unless required by law, the Company is
under no obligation to publicly update these forward-looking
statements, whether to reflect new information, future events, or
other circumstances.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release does not constitute a
solicitation to buy or sell any securities in the United
States.
For further information, please visit www.MOBI724.com or
contact:
Investor Relations:Eli RozhanskyMOBI724 Global
Solutions Inc.T: 514-394-5200ir@mobi724.com
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