Ace Marketing & Promotions, Inc. Changes Name to Mobiquity Technologies, Inc. to Better Reflect Company Focus
19 September 2013 - 2:05PM
Access Wire
OTC ticker symbol changes from AMKT to
MOBQ
NEW YORK, NY, September 19, 2013 – (Accesswire) - On September
19, 2013, Ace Marketing & Promotions, Inc. (OTCQB: AMKT),
parent company of Mobiquity Networks, will change its name to
Mobiquity Technologies, Inc. to reflect the company’s focus and
continued growth as one of the largest location-based mobile
marketing network in the US. Relatedly, the OTCQB ticker
symbol for Mobiquity Technologies, MOBQ,
will replace Ace Marketing’s AMKT symbol.
Mobiquity Technologies has developed and acquired a number of
innovative marketing technologies, spanning location-based mobile
marketing, mobile customer data analytics, web content and customer
relationship management, that it will continue to leverage through
its two wholly-owned subsidiaries: Mobiquity Networks and Ace
Marketing & Promotions.
"Our organization today is strongly positioned as a leader in
the social mobile marketing space with its location-based marketing
platform, Mobiquity Networks, which creates significant added value
as a prominent company asset and a logical extension of our
integrated marketing platform we originally formed with Ace
Marketing & Promotions. Therefore, adopting a new name
and brand identity is an important next step in our growth
strategy," said Dean Julia, Co-CEO of Ace Marketing. "Mobiquity
Technologies expresses how we have evolved as an organization — a
technology company that connects fans (consumers) and brands
through mobile, social and online platforms."
Mobiquity Networks has created the nation’s leading
location-based mobile marketing network – spanning 75 landmark
malls across the top US metropolitan markets. Mobiquity
utilizes a comprehensive Mobi-Suite of proprietary mobile
interaction technologies utilizing Bluetooth and Wi-Fi, to target
on-the-go shoppers and deliver meaningful digital multimedia
content to their mobile devices. In late 2013, Mobiquity will
provide an additional point of interaction on consumer’s
smartphones in the form of a new mobile application dubbed –
Mobi-App. Inherent to the new Mobi-App, Mobiquity plans to
additionally release its much anticipated Mobi-Rewards program to
encourage brand engagement and reward users for interacting with
the network.
Mobiquity Technologies management will attempt to implement a
multi-pronged growth strategy to include network expansion across
select mall and other large retail properties, as well as
additional high-traffic venues such as sports and entertainment
arenas, metropolitan airports, and destination locations such as
New York City’s Time Square. Future avenues for building
further company value and revenue growth will include bundling and
marketing the vast amount of data constantly generated by this
expansive social mobile network.
ABOUT “MOBIQUITY TECHNOLOGIES”
Mobiquity is a technology company focusing on connecting Fans
(consumers) and Brands through Online, Social and Mobile Platforms.
Mobiquity Technologies is attempting to revolutionize
location-based mobile marketing platforms through social
registration, gamification and rewards by creating a Universal
Location Based Mobile Marketing Ecosystem that maximizes “Fan
Engagement” through a single platform of Bluetooth, Wi-Fi, NFC, QR
and a universal App.
For more information you can visit:
http://www.mobiquitytechnologies.com/
http://www.acemarketing.net/
http://www.mobiquitynetworks.com/
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES
LITIGATION REFORM ACT OF 1995.
Certain statements in this press release constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or
achievements of the company to be materially different from any
future results, performances or achievements express or implied by
such forward-looking statements. The forward-looking statements are
subject to risks and uncertainties including, without limitation,
changes in levels of competition, possible loss of customers, and
the company's ability to attract and retain key
personnel.
Contact Information:
Mobiquity Technologies,
Inc.
Legend Securities, Inc.
John Columbia
718-233-2627
E: jcolumbia@legendsecuritiesinc.com
SOURCE Mobiquity Technologies, Inc.
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