SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a
multiproduct company focused on the underbanked and underserved,
announced today that it has entered into an exclusive partnership
with ClearLine Mobile, Inc. (“ClearLine Mobile”), a software
development and point-of-sale (“POS”) equipment company, to launch
a customer-facing LCD tablet interface for convenience store
checkout registers.
The 10-inch LCD touchscreen hardware is
integrated into the SurgePays software platform and will market
SurgePays products 24/7 with ads controlled from a central server.
Customers can easily use the device to sign up for the Federal ACP
program and conduct wireless activations or payment transactions
right at the register while checking out.
“One of our biggest challenges is keeping
promotional materials up to date in thousands of convenience stores
nationwide. We don’t have product facings on the shelves, so our
in-store marketing is important for driving customer awareness.
Having the ability to run and control our ads in real-time from a
centralized server, on the mounted POS tablets, alleviates the need
to consistently update our posters, stickers, and other advertising
materials. We expect the POS tablets to be a catalyst for higher
revenue per store and allow us to expand our presence in stores
nationwide, without the need for salespeople to consistently visit
and manage stores in a territory,” said Jeremy Gies, President of
SurgePays Fintech.
SurgePays plans to launch the tablet by
providing live demos at the upcoming National Association of
Convenience Stores Show in Atlanta, Georgia, from October 4 to 6 in
booth #B3977.
“This is a huge technological advance and a step
forward in our business model. SurgePays will now occupy a physical
footprint, front and center, right at checkout – the most valuable
space in the store. We believe this is an essential step in pushing
towards and ultimately beyond $1 billion in sales per year. The
ability for the consumer to enter information for ACP signups,
prepaid wireless activations, monthly prepaid top-ups, and the
ability to scale development into loyalty rewards, discounts, and
other QR code-driven payments is the next phase for SurgePays’
expansion,” said Brian Cox, CEO, SurgePays.
About SurgePays, Inc.
SurgePays, Inc. is a technology and telecom
company focused on the underbanked and underserved communities.
SurgePays technology layered platform empowers clerks at over 8,000
convenience stores to provide a suite of prepaid wireless and
financial products to underbanked customers. SurgePays prepaid
wireless companies provide services to over 250,000 low-income
subscribers nationwide. Please visit SurgePays.com for more
information.
About ClearLine Mobile
ClearLine Mobile was one of the early mobile
marketing providers and is a 10-year veteran of enterprise texting,
mobile marketing campaigns and omni-channel digital engagement
options, including its digital Marketing Center (the “ClearLine
Marketing Center”). The ClearLine Mobile application makes it easy
for sales and marketing teams to create digital connections with
their customers through peer-to-peer personalized messages at the
time of the purchase and sync data, content, coupons, and review
requests without writing code or creating messages and landing
pages. ClearLine Mobile also provides tools for creating digital
coupons, loyalty programs, landing pages, marketing automation, and
reputation and social media management, with a unified reporting
dashboard and integrations with services such as Google, Facebook
and QuickBooks.
The ClearLine Marketing Center helps remove
extra steps, time delays and increases efficiency by offering a
comprehensive, managed, real-time, one-to-one (1:1) marketing
solution. The software works on any internet-connected device. It’s
fast, easy-to-use, and built to deliver measurable results to
brands and dealers. Please visit clearlineapps.com for more
information.
MZ ContactBrian M. Prenoveau,
CFAMZ Group – MZ North Americabrian.prenoveau@mzgroup.us+561 489
5315
Feintuch Communications Media
ContactsLiz Slavery / Doug Wright / Henry FeintuchFeintuch
Communicationssurgepays@feintuchpr.com+917-805-4581 / +646-753-5711
/ +646-753-5710
Cautionary Note Regarding Forward-Looking
Statements
This press release includes express or implied
statements that are not historical facts and are considered
forward-looking within the meaning of Section 27A of the Securities
Act and Section 21E of the Securities Exchange Act. Forward-looking
statements involve substantial risks and uncertainties.
Forward-looking statements generally relate to future events or our
future financial or operating performance and may contain
projections of our future results of operations or of our financial
information or state other forward-looking information. In some
cases, you can identify forward-looking statements by the following
words: “may,” “will,” “could,” “would,” “should,” “expect,”
“intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,”
“project,” “potential,” “continue,” “ongoing,” or the negative of
these terms or other comparable terminology, although not all
forward-looking statements contain these words. Although we believe
that the expectations reflected in these forward-looking statements
are reasonable, these statements relate to future events or our
future operational or financial performance and involve known and
unknown risks, uncertainties and other factors that may cause our
actual results, performance or achievements to be materially
different from any future results, performance or achievements
expressed or implied by these forward-looking statements.
Furthermore, actual results may differ materially from those
described in the forward-looking statements and will be affected by
a variety of risks and factors that are beyond our control,
including, without limitation, our current expectation that the POS
tablets will be a catalyst for higher revenue per store; our
predictions that the POS tablets will allow us to expand our
presence in stores nationwide; statements about our future
financial performance, cash flows, costs of revenue and operating
expenses; and our anticipated growth and expansion. The
forward-looking statements contained in this press release are also
subject to other risks and uncertainties, including those more
fully described in our filings with the U.S. Securities and
Exchange Commission, including in our Annual Report on Form 10-K
for the fiscal year ended December 31, 2022. The forward-looking
statements in this press release speak only as of the date on which
the statements are made. We undertake no obligation to update, and
expressly disclaim the obligation to update, any forward-looking
statements made in this press release to reflect events or
circumstances after the date of this press release or to reflect
new information or the occurrence of unanticipated events, except
as required by law.
Photos accompanying this announcement are available
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