In c7677 disseminated December 10 at 11:03e, "SAMY Mobile Network Grows
To 2 Million Shoppers" by MobileBits Corporation, we are advised by the
company that the quotation in the fourth paragraph has changed. The
complete, corrected release follows:
SAMY Mobile Network Grows To 2 Million Shoppers
35,000 Merchants and 100 Brands
LOS ANGELES, Dec. 10, 2012 /CNW/ - MobileBits Corporation (OTCBB: MBIT),
provider of SAMYSM, the fast growing Mobile Mall, announced it has reached another key
milestone in its mobile shopping network growth. SAMY now offers 35,000
merchants, 100 brands to over 2 million mobile subscribers in network.
SAMY merchant partners offer a wide variety of products and services
and include leading brands, restaurants, QSR's, service providers and
retailers who engage everyday with local shoppers through the SAMY
mobile marketing and loyalty network.
"We are very pleased with the growth and progress of our SAMY network
roll-out to this point," said Walter Kostiuk, CEO of MobileBits. "It
took us 14 months to achieve our first million subscribers and only 6
months to add the second million subscribers."
SAMY is now available in three countries, USA, Canada and Switzerland,
where it originally began and continues to maintain its leading
position as the most used mobile shopping app in that country.
"SAMY is our most effective tool for coupon redemption," said Jan De
Schepper, Marketing Director for McDonald's Switzerland. "SAMY has been
a real asset for maintaining our relationships with our customers when
they're away from the store."
"SAMY is providing us a complete turnkey mobile marketing strategy that
is easy to deploy and simple to maintain," said Sarah Beaton, Director
of Operation for Global Pet Foods in Canada.
As the network of brands continues to quickly expand, we believe the
benefits for each individual organization expand exponentially as their
mobile storefront and presence is visible to all customers and patrons
in the SAMY network.
To learn more about SAMY, visit www.samy.net.
For merchants, brands and retailers interested in joining SAMY, please
email sales [at] mobilebits.com.
MobileBits Corporation, provider of SAMYSM, the fast growing 'Mobile Mall' that enables any merchant, retailer or
brand to connect with large numbers of 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.
For more information contact:
MBC Investor Relations
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.
SOURCE: MobileBits Corporation
For further information: