PHOENIX, AZ--(Marketwire - Feb 12, 2013) - Carbon Credits International Inc. (PINKSHEETS: CARN) announces its purchase of SinglePoint's name, a name recognized and known throughout the industry as a pioneer in the mobile messaging market. With the acquisition of SinglePoint's assets, Carbon Credits International Inc. will obtain the use of the Copyright and trademark on the name SinglePoint, as well as the domain name of the former mobile messaging and advertising company.
"SinglePoint" once dominated the broadcast media space for mobile messaging. They were known for their high volume message routing platform that was uniquely developed for supporting the mobile industry's high volume SMS campaigns including: Deal or No Deal, Red Cross Haiti campaign, Obama '08 campaign, Beijing & Vancouver Olympics, American Idol and many others. Carbon Credits International will gain this high volume message routing platform to be utilized in conjunction with its current technologies.
Carbon Credits International Inc. has also acquired SinglePoint's SMS campaign management tool, which was used throughout broadcast media for creating and managing mobile campaigns for top brands including: NBC, MTV, CBS, Univision, WA Post, Fuse, and others.
Greg Lambrecht, CEO, stated, "With the purchase of SinglePoint's name and technologies, Carbon Credits International Inc. has instantly enhanced its ability to become a leader in the mobile messaging and mobile payments industries. This acquisition will allow us to support extremely high level text messaging programs without requiring the Company to upgrade its technology and incurring additional expense. I'm confident this will attract more business."
Carbon Credits International Inc. is building leading, mobile technology brands that are focused on enabling organizations (e.g. brands, universities, ministries, charities, political campaigns, and businesses, etc.) to leverage the unique capabilities of the mobile device to more effectively engage a target audience in areas of mobile commerce, marketing and charitable giving. For example, Text-a-Day and Text-4-Faith are enabling successful mobile giving campaigns, via the mobile phone/credit card, for non-profit organizations. Charitable giving in the United States approaches $300 billion, annually, of which 70+% is donated by individuals, the vast majority of whom own a mobile device. A third of this market, $100 billion, is channeled to religious entities. The Text-4-Faith platform provides targeted services allowing ministries to engage members with enhanced communication and enabling their ability to donate via their mobile phone. Similarly Text-a-Day provides these capabilities for any nonprofit organization or business focused on engaging supporters and driving fundraising. Additionally, Text-a-Day provides brands with the ability to effectively engage consumers with targeted marketing campaigns that drive transactions through its mobile commerce platform. Mobile devices are rapidly changing how organizations and businesses interact with individuals. Carbon Credits International, Inc.'s market leading brands, text4faith.com & textaday.com, provide state of the art platforms and services enabling our clients to successfully engage in the mobile evolution. Text GIVE to 37284 to see how it works.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.