SOURCE: CommerceTel Corporation

December 05, 2011 07:30 ET

CommerceTel Corporation Retains MZ Group as Its Investor Relations Advisor

SAN DIEGO, CA--(Marketwire - Dec 5, 2011) - CommerceTel Corporation (OTCQB: MFON) (PINKSHEETS: MFON), an award-winning provider of proprietary mobile marketing technologies and solutions, today announced the Company has retained MZ Group as its investor relations advisor.

MZ will assist CommerceTel with communicating its corporate, financial and investor developments to shareholders and investors, while building a strong public brand and investor base. Ted Haberfield, Mark McPartland, and the MZ Group team will be advising the Company in all facets of corporate and financial communications.

"We are pleased to be partnering with MZ Group to expand our investor relations efforts," said Dennis Becker, Chief Executive Officer of CommerceTel. "As we accelerate our core growth strategy of connecting brands to consumers' mobile phones through our patented technology, we believe MZ Group provides an established track record we need to develop relationships with retail and institutional investors across the US and abroad. With MZ's assistance, we will build our corporate brand and expand our shareholder base."

"CommerceTel is a unique technology company with an opportunity to capitalize on the rapid adoption of smart mobile phones and the need to reach and market to consumers in new ways," said Ted Haberfield, Managing Partner of MZ Group North America. "The Company licenses its patented software to connect, engage, and market to consumers' mobile phones regardless of phone type, method (SMS, IVR, MMS), or wireless network. CommerceTel is poised to ramp development of new technologies and products with recent strategic acquisitions, including the assets of DigiMark, LLC which included Boomtext and an outstanding client roster. CommerceTel will benefit from MZ's ability to deliver capital markets awareness on a global platform, gaining exposure to major investment institutions, including sell-side analysts and buy-side portfolio managers seeking high growth investment opportunities. We look forward to helping them with all aspects of their corporate communications and investor relations needs."

About CommerceTel

CommerceTel is an award-winning provider of proprietary mobile marketing technologies and the inventor of C4, a unique, enterprise-grade platform empowering brands to engage mobile consumers via multiple channels. The only system of its kind, C4 is a cloud-based solution providing broad mobile communications and extensive CRM features. It is integrated with multiple tier-one PSTN/IP carriers and micropayment processing facilities as well as with carrier premium SMS billing systems. Customers include CNN, Disney, Sony Pictures, AT&T, Verizon, USA Network, numerous professional sports franchises, the Golf Channel, and NBC Universal. For more information, please visit http://www.commercetel.com.

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 April 14, 2011 and its Quarterly Reports on Form 10-Q. 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

  • Contact:
    Company
    CommerceTel Corp.
    Dennis Becker
    CEO
    Tel: +1-619-725-0990

    Investor Relations
    MZ North America
    Ted Haberfield
    Managing Partner
    Tel: +1-760-755-2716
    Email: Email Contact
    www.mz-ir.com