Engage Mobility, Inc. Finalizes Chinese Joint Venture
20 Febrero 2014 - 7:15AM
Marketwired
Engage Mobility, Inc. Finalizes Chinese Joint Venture
Datang Engage to Launch Mobile Engagement System Throughout
China
ORLANDO, FL--(Marketwired - Feb 20, 2014) - Engage Mobility,
Inc. (OTCQB: ENGA) an emerging leader in mobile technology,
marketing and data solutions, announced today that it has finalized
a Joint Venture Agreement with Xinhua Ruide Network Technology
Company for the launch of the Engage Mobile Engagement System in
China. Engage has completed initial development of the Chinese
version of the system, and delivered the initial platform to its
joint venture partners. The partnership plans release and full roll
out of the Chinese Mobile Engagement System throughout China in the
coming weeks. Xinhua Ruide is a subsidiary of Datang Telecom,
Technology and Industry Group, Ltd., a Chinese state owned company
that is one of the largest media companies in the world.
Jim Byrd, Engage CEO, stated: "This is truly a landmark day for
Engage Mobility. We are thrilled to have finalized our partnership
in China, and we are really excited to see our platform rolled out
to the largest mobile market in the world. To be able to so with
the support and backing of the Chinese government and to be able to
partner which such large and influential partner is a dream come
true. This is the realization of a tremendous effort by our entire
team, who put so much brilliance and energy into this project.
Simply put, this is a huge day for Engage and its
shareholders."
The Chinese Joint Venture is named Datang Engage Mobile
Technology Company, Ltd., and will be based in Beijing and
ShenZhen, China. Initial versions of the Chinese Engage Mobile App,
named Jia Jia, will be available for free download in the Apple and
Google Play stores in the coming days.
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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