PALO ALTO, Calif., June 8, 2015 /PRNewswire/ -- XcelMobility,
Inc. (OTCBB: XCLL), a leading online lottery service provider in
China, today announced its Lottery
Alliance Partnership program. The Company has partnered with China
Mobile, who will provide free Internet services, to create the
Lottery Alliance Program. The program will offer Lottery alliance
partners a complete and free Wi-Fi Internet solution. Alliance
partners will receive XcelMobility's recently introduced
Afterburner advanced Wi-Fi solution paired with China Mobile's
high-speed broadband Internet connection. Alliance partners will
provide free Wi-Fi zones to local customers throughout China, allowing for quick and easy connection
to XcelMobility's lottery and advertising portal.
Alliance partners will gain access to a host of resources and
enablement programs that will help them grow revenues through an
expanded product offering. Core benefits of the program
include expanded program offerings, increased partner profitability
and ability to sell and promote China Mobile's prepaid mobile
offerings.
Highlights
- There are over 1 million potential Lottery Alliance Partners in
China
- Free to Alliance Partners
- Continue to build close relationship with China Mobile
- Alliance partners handle all cash transaction directly with
local customers
- Creates a national distribution network across China
"The new Lottery Alliance Program will help increase customer
traffic near our sales Kiosks, but also allow us to sell a growing
assortment of new products and services including prepaid phone
cards from China Mobile," said Li
Jen, owner/operator LotteryKiosk. "Offering free Wi-Fi to
our local customers is such an advantage to us. We are excited to
be associated with XcelMobility and enjoy the unique benefits of
this new Lottery Alliance program."
"The Afterburner/Lottery Alliance program is an essential part
of our growth strategy and success," said Ryan Ge, CEO
XcelMobility. "With China Mobile's support, the program will allow
us to quickly expand in all regions of China, connecting mobile users directly to our
lottery and advertising portal. As the program expands across all
of China, we will offer a growing
list of products and services alliance members can distribute and
thus quickly increase revenue and profits. Growing our lottery
business is our main goal, but we already see numerous
opportunities to quickly add new products and services, including
helping China Mobile sell prepaid mobile phone cards."
The Lottery Alliance Program is an important marketing strategy
to reach and connect with the over 1 billion mobile users in
China today. No other system in
China offers mobile users such an
easy and convenient method to purchase lottery and other personal
products and services. Today the company is rolling out the Lottery
Alliance program in Hunan province
helping early adopters to install and test the system.
About XcelMobility, Inc.
XcelMobility aggregates and processes lottery purchase orders
from registered user accounts and derives revenues from service
fees paid by provincial lottery administration centers for the
purchase orders of welfare and sports lottery products. We focus on
China's burgeoning online lottery
market of well over 300 million users.
For more information visit:
www.xcelmobility.com
https://twitter.com/xcelmobility
Company Contact:
Zach
Logan
Investor Relations
Contact phone: (858) 886-7237
Email
Company Address
Phone Number- (650) 320-1728
2225 East Bayshore Rd.
Suite 200
Palo Alto, CA 94303
Notice Regarding Forward-Looking Statements
This news
release contains "forward-looking statements" as that term is
defined in Section 27A of the United States Securities Act of 1933,
as amended and Section 21E of the Securities Exchange Act of 1934,
as amended. Statements in this press release that are not purely
historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Although we believe that any beliefs, plans,
expectations and intentions contained in this press release are
reasonable, there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be accurate. Investors
should consult all of the information set forth herein and should
also refer to the risk factors disclosure outlined in our annual
report on Form 10-K for the most recent fiscal year, our quarterly
reports on Form 10-Q and other periodic reports filed from
time-to-time with the Securities and Exchange Commission.
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SOURCE XcelMobility, Inc.