Engage Mobility Announces Initial Revenues
18 Febrero 2014 - 7:15AM
Marketwired
Engage Mobility Announces Initial Revenues
Company Moves From Development Stage to Operating Company
ORLANDO, FL--(Marketwired - Feb 18, 2014) - Engage Mobility,
Inc. (OTCQB: ENGA), an emerging leader in mobile technology,
marketing and data solutions, announced its quarterly results
through the filing of its 10-Q on February 14, 2014. The Company
had revenues of $326,220 in its first quarter as an operating
entity. Engage launched its mobile marketing platform, the
Mobile Engagement System during the quarter, and commenced
the sales of the system during that time.
Jim Byrd, Engage CEO, stated: "We are obviously pleased that we
have emerged from a development company and are now an operating
entity. We experienced some significant initial revenue, both from
domestic and international development fees, but also from
recurring monthly revenues resulting from sales of our platform to
businesses. This is a great first step for us as we look to roll
out our system nationwide, and in China, in the coming weeks and
months. Our team has worked so hard to bring this amazing
technology to market, and to see the initial fruits of this labor,
in the form of businesses paying for our platform, is very
rewarding."
Engage has announced plans for a full roll out of its Mobile
Engagement System both domestically, and in the People's Republic
of China through JV partners in China.
The full 10-Q, can be read and accessed at the Company's website
www.engagemobility.com and also at www.sec.gov/filings.
About Engage: Engage Mobility, Inc. (ENGA) is a provider of
mobile marketing technologies and solutions that help businesses
acquire new customers and keep existing customers engaged.
Augmented reality content, mobile coupons, push notifications,
geo-targeting and loyalty rewards programs are all used to build
brand loyalty. The Company's pricing model enables businesses of
every size to realize a superior return on their mobile marketing
dollar. Gartner Group forecasts $21 billion will be spent on mobile
ads by 2015. The Mobile Engagement System™ is a proprietary
technology that delivers a value-added service to the consumer and
corporate customers. The system integrates a cutting-edge augmented
reality app with a proprietary cloud- based video delivery system,
a mobile CRM, Dynamic Data™ delivery system, and access to Engages
substantial database of over 40 million consumers and businesses.
Engage operates from offices in Orlando and Kansas City.
Forward looking statements:
Any statements contained herein that are not historical facts
are "forward-looking statements" within the meaning of Section 27A
of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements are made
subject to certain risks and uncertainties, which could cause
actual results to differ materially from those presented. Readers
are cautioned not to place undue reliance on these forward-looking
statements, which speak only to the date such information, was
released. The Company undertakes no obligation to publicly revise
these forward-looking statements to reflect events or circumstances
that arise after release of this information.
Contact: Bill Luckman (888) 888-ENGA
wluckman@engagemobility.com
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