February 08, 2010 08:00 ET

Loopt Integrates Specials, Discounts Offered by Local Merchants

Loopt Users Get Coupons and Specials for Retail and Service Outlets Right Around the Corner in New Offering Powered by Mobile Spinach

MOUNTAIN VIEW, CA--(Marketwire - February 8, 2010) - Loopt (, the groundbreaking location-based mobile social networking service, today announced it has integrated local advertising that lets mobile consumers tap into offers, coupons and discounts with local neighborhood retailers. This new set of local advertising offers on Loopt is powered by Mobile Spinach, who has built a database of completely unique, relevant and hyper-targeted local offers not available through any other service provider.

For example, Blowfish Sushi, a Sushi restaurant in San Francisco, offers any signature roll for free, which typically costs $10-$15 per roll. Or Palio D'Asti, an Italian Restaurant in San Francisco's Financial District, offers an exclusive 30% off dinner this week only! Loopt users can simply show their phone message at the restaurant to receive these discounts. These and other offers will be available to all users in San Francisco. Additional major metropolitan areas such as Los Angeles and New York will be added during the coming months.

"Loopt users can now get offers and discounts everyday on the items and events they are interested in and be able to redeem these discounts right from the handset," said Sam Altman, CEO of Loopt. "We love adding fun to the Loopt experience, especially when it brings real value to our users by allowing them to save money on everyday things they want and need."

Loopt users are informed about offers from local merchants in their immediate neighborhood, and are provided directions and contact details for the retailer. Offers can be redeemed directly from the phone, or can be sent by SMS and Email.

"We like to say that, 'Mobile Spinach is good for you' and that's because we can really inject some oomph into your entertainment and shopping without you ever having to go online or search the web," said CEO Antonio Vitti. "We're delivering this new shopping power right to the mobile handset."

The service provides local merchants with a simple, cost-effective tool to reach highly targeted audiences while providing consumers with real value through discounts and offers on everyday things they want and need.

With more than 3 million registered users and partnerships with every major U.S. carrier, Loopt is the leading location-based social networking service. People can download Loopt for free from the Apple iTunes store, or directly from Loopt runs on over 100 phones, including the iPhone, BlackBerry devices and Android. See for the full range of supported handsets.

About Loopt

Loopt is the leading location-based social mapping service that allows individuals to use their location to discover the world around them -- enabling them to find and enjoy the friends, places, and events that mean the most right here and now using their mobile phones. Users can also check in to locations, share location updates, tips, photos and comments with friends and share across online social networks, communities and blogs.

The Loopt service has more than 3 million registered users and partnerships with every major U.S. mobile phone carrier. The service is available on over 100 phones, including the iPhone, BlackBerry devices and Android. (See for the full range of supported handsets.) The company is located in Silicon-Valley and backed by leading venture capital firms Sequoia Capital and New Enterprise Associates.

Loopt was designed with privacy considerations at its core and offers a variety of effective and intuitive privacy controls.

About Mobile Spinach

Mobile Spinach is a free mobile membership community that shares exclusive local merchant offers, promotions, sales, discounts and deals to its members via text message and email.

Mobile Spinach brings its members exclusive deals on events, restaurants, shopping, spas, travel, music and more.

Mobile Spinach members have power to decide what kind of stuff they would like to receive discounts on and also how often they receive Mobile Spinach Text Alerts. The customer has all the control.

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