SOURCE: CommerceTel

CommerceTel Corporation

January 12, 2011 08:00 ET

CommerceTel Corp. Shares Begin Trading Publicly

SAN DIEGO, CA--(Marketwire - January 12, 2011) - CommerceTel Corp. (OTCBB: MFON), an award-winning provider of proprietary mobile marketing technologies and solutions, announced today its shares of common stock have begun trading on the OTC Bulletin Board.

CommerceTel, founded in 2006, has received several accolades in the mobile marketing space, having been selected 2009 Sybase (an SAP company) Innovator of the Year, 2008 Mobile Marketing Company of the Year, and 2008 Mobile Marketing Association Global Award Finalist.

What distinguishes CommerceTel in the mobile marketing solutions space is its proprietary Web-based Interactive Voice Response (IVR) system. CommerceTel's robust and scalable platform leads the mobile marketing industry in the development and execution of IVR campaigns. Combined with other mobile interactions such as SMS text messaging, multimedia messaging (MMS), and other forms of mobile engagement, the CommerceTel platform provides its enterprise customers with one-of-a-kind, truly enriched, interactive mobile marketing campaigns that can be easily modified on a real-time, dynamic basis. 

The only system of its kind, the CommerceTel platform is an all-software, all-IP system that directly links the public switched telephone network with mobile messaging networks and is massively scalable and able to process large number of transactions on demand. It is integrated with multiple tier-one PSTN/IP carriers and micropayment processing facilities as well as with carrier premium SMS billing systems. The platform delivers a suite of services designed to facilitate and monetize consumer interaction with television, radio, print and web content.

To date, CommerceTel's technology has been deployed by enterprise brands to engage over 4 million unique consumers across millions of transactions. In October and November 2010 alone, CommerceTel facilitated millions of text messages for various political campaigns. Moreover, CommerceTel recently facilitated Sony Picture's unique IVR marketing campaigns for the release of the major motion pictures Virginity Hit and District 9. And every night, people can see the CommerceTel technology at work on various CNN broadcasts. In short, CommerceTel has pioneered the mobile channel as the ultimate direct connection for brands to the consumer.

Dennis Becker, CEO, stated, "We have been diligently focused on developing our unique, proprietary technology over the past few years and proving its value with top-tier brands and organizations. We are very excited to have become a public company in order to further facilitate our growth plans, both organically and through opportunistic acquisitions."

"We believe the mobile phone is the next major platform shift in technology," added Becker. "Our proprietary technology allows brands and enterprises to deploy a full array of mobile marketing solutions with unparalleled ease, efficiency and reach."

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Safe Harbor

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Statements including words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets as well as the Risk Factors disclosed in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission on December 27, 2010. Further information on CommerceTel's risk factors is contained in its filings with the Securities and Exchange Commission. CommerceTel does not undertake any duty nor does it intend to update the results of these forward-looking statements.

Contact Information

  • Investor Contacts:
    John Liviakis
    Liviakis Financial Communications
    Phone: 415.389.4670
    Email Contact

    Company Contact:
    Dennis Becker
    CommerceTel Corp.
    Phone: 619.725.0990
    Email Contact