SOURCE: DubLi Network

DubLi Network

October 14, 2015 06:00 ET

DubLi Network Launches in Brazil

DubLi Network Brazil to Operate as DubLi E-Commerce Ltda.

SEATTLE, WA and BELLEVUE, WA--(Marketwired - Oct 14, 2015) - DubLi Network, the world's largest e-commerce direct selling company through its Cash Back shopping platform, DubLi.com, today announced the launch of its operations in Brazil, marking the company's official entrance into the South American market. The incorporated entity will operate as DubLi E-Commerce Ltda.

"With the largest economy in South America, a booming ecommerce industry, and one of the top five direct selling markets worldwide, Brazil has significant potential for direct selling companies today and is an important and natural place for DubLi Network," said Michael Hansen, Founder and Executive Vice President of Business Development of DubLi. "By harnessing the Internet to offer e-business network marketing opportunities to entrepreneurs around the globe, DubLi has been able to scale and grow quickly in new markets. We are pleased to support current and prospective independent Business Associates in Latin America and see a promising future for this important, growing region of the world."

 DubLi Network is a sophisticated, ecommerce network marketing company based on Cash Back shopping and travel, and the global leader in providing e-business network marketing opportunities to Independent Business Associates in almost 100 countries. DubLi Network offers Business Associates an opportunity earn an income by marketing its online Cash Back shopping portal and selling premium memberships through DubLi.com. For more information, visit www.dublinetwork.com.

In a related announcement, DubLi Network announced today that its parent company, Ominto, Inc., has also incorporated in Brazil as Ominto E-Commerce Ltda.

About DubLi.com
DubLi.com is a global leader in online shopping and Cash Back rewards to customers worldwide. DubLi is emerging as a leading e-commerce platform offered through network marketing, currently serving customers in more than 120 countries. E-shoppers can browse through different categories, which feature international and local brands, travel, coupons, discounts and vouchers. DubLi has adapted its multilingual and multi-regional e-commerce platform to serve 12 international markets in local language and currency to strengthen its global e-commerce presence and encourage sales in its countries of operation. Depending on the market, DubLi.com features the world's most popular brands including Amazon.in, Walmart, Nike, Hotels.com, Zalando, Groupon and Expedia.

Since its founding by Michael Hansen in 2003, DubLi has offered entrepreneurs the opportunity to create their own distributor organization by joining the direct sales company, DubLi Network (dublinetwork.com). The global network of independent distributors generates traffic and the resulting sales to DubLi.com as well as markets a variety of memberships. 

DubLi and DubLi Network are subsidiaries of Ominto, Inc. and are headquartered in Seattle, Washington.

Forward-looking Statements
This document contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, included in this press release regarding Ominto's strategy, future operations, future financial positions, prospects, plans and objectives of management are forward-looking statements. Without limiting the generality of the foregoing, words such as "may," "will," "to," "plan," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," "target" or "continue" and similar expressions (or the negative of these terms) are intended to identify forward-looking statements. These forward statements include, among other things, statements about management's estimates regarding future revenues and financial performance and other statements about management's beliefs, intentions or goals. Ominto may not actually achieve the expectations disclosed in the forward-looking statements and you should not place undue reliance on Ominto's forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results or events to differ materially from the expectations disclosed in the forward-looking statements, including, but not limited to: our ability to successfully obtain consumer and/or market acceptance of our membership Cash Back program; the ability to attract customers who purchase through our website; our ability to obtain additional funding and/or generate sufficient working capital to fund our operations; the ability to establish and/or maintain a large growing base of productive business associates; the ability to obtain and maintain digital coupon content on our website; the risks related to Ominto's ability to manage its growth, including accurately planning and forecasting its financial results; the competitive environment for Ominto's business; Ominto's ability to protect consumer data and our intellectual property; the ability to adapt to mobile and technological change; the need to manage regulatory, tax and litigations risk; Ominto's ability to manage international business uncertainties; along with other risks and potential factors that could affect Ominto's business and financial results identified in Ominto, Inc.'s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended September 30, 2014.

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