MIAMI BEACH, FL--(Marketwired - Apr 8, 2014) - Mindpix Corporation (OTC Pink: MPIX) (PINKSHEETS: MPIX); "Mindpix" or the "Company"), a technology driven media services and entertainment company focused on owning, creating or managing multi-platform music/entertainment, sports and U.S. Hispanic media properties, today announced that the Company signed a strategic agreement with PlayCoin Entertainment for MPIX Services' Technology Partner Program, with the purpose of incorporating its BitPlayer transaction technology into the Company's service offering. MPIX Services has developed an advanced hyper-syndication and monetization platform for online multimedia content, this partnership provide MPIX consumers and clients another way to pay for multi-media music, entertainment and sports content -- by Bitcoin.
PlayCoin's BitPlayer technology facilitates Bitcoin transactions by simply passing Bitcoin Currency (BTC) from a user's wallet, operated by a bitcoin exchange, directly to the merchant in real-time at time of purchase minus a transaction fee. It does not hold a user's bitcoin and perform any function of a wallet other than being a money transmitter. BitPlayer's transaction method makes it a very safe and low risk transaction model in Bitcoin ecosystem, which is a rare positive attribute.
Kevin Barnes, Chief Executive Officer of PlayCoin, commented, "With Mindpix's expansive global multi-platform media services offering comes the need to consider alternative forms of payment to accommodate their diverse consumer and customer base. We are pleased to partner with them and safely facilitate the utilization of bitcoin as a viable payment option for their market."
Adam Cohen, Chief Scientist of Mindpix Corporation, commented, "Similar to our previously announced partnership and planned integration with Causora, PlayCoin's BitPlayer technology and software platform will enhance Mindpix's multi-platform media services offering by allowing consumers and customers to pay for content (Pay Per View) and transact in bitcoin giving companies an alternative payment gateway without regulatory, chargeback and other issues that comes with standard payment gateways. It will also incorporate donation functionality and will be complimentary to the Causora donation platform."
The two-year partnership between the companies provides each with co-marketing opportunities and technical support to ensure that they are meeting the programs objectives. Objectives include easy deployment and customer utilization, streamlined sales process, and customer referrals when appropriate.
Mr. Cohen continued, "Continued focus on the inclusion of complementary, value-add technology providers such as PlayCoin to our existing platform, expansion of our top line, customer base, and media services offering, will be carried into 2014 and beyond."
About PlayCoin Entertainment Corporation
PlayCoin Entertainment Corporation is a crypto currency payment solutions corporation. PlayCoin caters to various industries including the top media and entertainment companies by enabling their platform to accept micro payments via bitcoin. Partnering with entertainment and media partners to offer their customers more purchasing tools and choices to access digital offerings. Visit http://playcoinentertainment.com for more details. Check out their newly lunched crowd funding Facebook app 'Bitcoin', https://apps.facebook.com/bitcoincurrency/.
About Mindpix Corporation
Mindpix Corporation (OTC Pink: MPIX) (PINKSHEETS: MPIX) is a technology driven multi-platform media company focused on owning, creating and/or managing multi-media entertainment and sports and US Hispanic properties across the globe. Through a unique eco-system, MPIX provides the critical on-line video technology, production, digital marketing, audience development, payment services, sponsor acquisition, digital and traditional media distribution services to drive revenue for live and VOD (video on demand) events globally.
MPIX disclosure and financial information is published on OTC Markets and can be found at the following site: http://www.otcmarkets.com/stock/MPIX/filings/
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.