TORONTO, Dec. 5, 2013 /CNW/ - MoPals.com Inc. ("MoPals") (Stock Symbol: MOMO), the world's first community-driven, crowdsourced loyalty program,
with a focus on creating value for brands by rewarding customers for
their social media influence and brand ambassadorship, today announced
Steve Gupta to its Board of Directors.
"We are ecstatic to have Steve Gupta join our Board of Directors," said
MoPals' founder and CEO Alex Haditaghi. "Steve's world-class corporate
experience in the real estate and hospitality industry for the last 35
years, coupled with his boundless energy and business prowess will make
him a great addition to MoPals as we continue to build a fresh and
innovative brand that challenges the traditional loyalty market."
Steve Gupta is the president and chief executive officer of the Easton's
Group of Hotels, and has been granted various notable distinctions. In
2005, he was the recipient of Ernst & Young's Entrepreneur of the Year
Award for Ontario. In 2009, Steve was the winner of the Marriott
Outstanding Contribution Award, as well as Developer of the Year by
Hilton. In 2010, he became the first Canadian and the only South Asian
to have won the esteemed Marriott Horizon Partnership Circle award.
Most recently, he was profiled as one of RBC's Top 25 Canadian
Immigrant award winners of 2013.
With a passion for giving back to the community, Steve has honourably
done so for the last 20 years, serving on various hospital and charity
boards, such as St. Michael's Hospital, Rouge Valley Health System, and
the Centenary Hospital Foundation. He is the Chairman of the Rajesh
Gupta Foundation, a federally incorporated Canadian Charity and has
served as the chairman for 9 years for the Choice Hotels Canada
Franchise Advisory Board. In 2011, he was appointed to the University
of Toronto's Governing Council for a three-year term, after previously
serving on the board of UTGC's business council before Ontario Premier
Dalton McGuinty appointed him to the Governing Council, which makes
influential decisions for the University of Toronto.
When the Indian-born entrepreneur came to Canada, he had little money in
his pockets. Now over three decades later, Steve can be seen as one of
Canada's most successful business people, and a highly respected
hotelier. His portfolio now boosts 15 hotels and the development of a
multi-use condo project called, King Blue Condos, currently in
pre-construction on King West and Blue Jays Way.
"Steve's story of immigrating to Canada with nothing but big dreams
makes him not only a risk taker but a visionary, exemplifying the very
roots of our hard working North American mentality," said Ralph Lean,
Chairman of MoPals' Board. "Steve's leadership and knowledge in
introducing new upscale focused brands will bring strong guidance to
the MoPals team and we couldn't be more pleased about this
appointment," said Lean.
MoPals.com Inc. (MOMO) is a publicly traded company and the world's first community-driven,
crowdsourced loyalty program that bridges the gap between social media and reward platforms. With a mobile-based, experiential and Big Data-driven platform, MoPals
rewards its members for both social and transactional behaviors. MoPals
uses an exclusive digital currency, MoCoins™, to foster an exciting
community where consumers are rewarded for making purchases at
participating businesses, as well as engaging in a wide range of social
media activities that enhance brand value. For more information, visit
the company website at www.MoPals.com
Forward Looking Statements
This press release contains forward-looking statements as defined within
Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended. These statements
relate to future events, including our ability to raise capital, or to
our 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.
You should not place undue reliance on forward-looking statements since
they involve known and unknown risks, uncertainties and other factors
which are, in some cases, beyond our control and which could, and
likely will, materially affect actual results, levels of activity,
performance or achievements. Any forwardlooking statement reflects our
current views with respect to future events and is subject to these and
other risks, uncertainties and assumptions relating to our operations,
results of operations, growth strategy and liquidity. We assume 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.
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.
For further information: