Mobi724 Global Solutions Inc.

Mobi724 Global Solutions Inc.

February 23, 2015 10:00 ET

Mobi724 Global Solutions (CSE:MOS) Signs Joint Venture Partnership with 4am Saatchi & Saatchi / Blu Frog S.A. to Further Expand Into the Central American Market

MONTREAL, QUEBEC--(Marketwired - Feb. 23, 2015) - Mobi724 Global Solutions ("Mobi724" or the "company") (CSE:MOS), a technology leader in digital incentives and mobile payment solutions, announced today a partnership agreement with 4am Saatchi & Saatchi / Blu Frog S.A. in order to expand its business into Central America and the Caribbean. This expansion will start in Guatemala where there is already concrete traction from key players, and then grow into the rest of Central America and the Caribbean and Colombia. Mobi724's ability to provide mobility and traceability to a fast growing coupons and incentives market in Central America and the Caribbean combined with 4am Saatchi & Saatchi/Blu Frog S.A. market leadership renders this a unique opportunity to deliver the company's seamless POS transaction and digital marketing solutions.

"We are very excited about this new strategic alliance with 4am Saatchi & Saatchi/Blu Frog S.A., as it will enable us to quickly ramp up our solutions deployment in Central America and the Caribbean," says Marcel Vienneau, CEO of Mobi724. "We plan to build a strong partnership to leverage both companies' core competencies to jointly develop this large, fast growing market."

"We are very pleased to engage in this partnership with Mobi724 and impressed about the traction we are already getting with some of our largest clients to Mobi724's solutions," says Diego Anzueto, Director/Owner Saatchi & Saatchi/Blu Frog S.A. Digital Solutions. "We are confident that our creative digital marketing savvy and regional leadership, combined with Mobi724's expertise will enable the joint venture to become a market leader in the digital couponing and incentives market in the region."

4am Saatchi & Saatchi is the Central American representation of Saatchi & Saatchi, a global communications and advertising agency network with 130 offices in over 70 countries around the world. It was founded in London in 1970 and is now headquartered in New York City. Since 2000, Saatchi & Saatchi has been part of the Publicis Groupe, the world's largest communications group.

Blu Frog S.A. is a renowned Value Added Services & Digital Marketing Agency and the digital arm of both Saatchi & Saatchi and Creación S.A., the company that owns the representation for Saatchi & Saatchi in Guatemala, Costa Rica, Salvador and Honduras.

About Mobi724 Global Solutions

Mobi724 Global Solutions (CSE:MOS), formerly Hybrid PayTech World Inc. (CSE:HPT), a corporation based in Montreal, Canada, is a technology leader in digital incentives (such as mobile couponing & loyalty rewards) and payment solutions (including mobile payment).

Mobi724 Global Solutions unleashes the true potential of both payment and couponing/rewards transactions for both online and offline points of sale.

The company is fully dedicated to deliver unique "real time" and seamless digital promotional incentives (coupons, bank cards, loyalty rewards) embedded into the most secured payment environment. The company provides to its customers full and comprehensive traceability and enriched consumer data through its offering. Its solutions enable retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and "track & measure" incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales.

Our credit and debit payment solutions, focusing on authentication, approved security and quick merchant adoption allows our users to process payments with a wide range of devices over a secure and seamless transaction.

Our PCI and EMV cloud-based switch, with our device agnostic connectivity, simplifies deployment, integration and introduces new payment and digital incentives solutions to the market.

Certain statements in this document, including those which express management's expectations or estimations with regard to the Company's future performance, constitute "forward-looking statements" as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.

The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy. This news release does not constitute a solicitation to buy or sell any securities in the United States.

Contact Information

  • For more information on its products
    and on Mobi724 Global Solutions, contact:
    Mr. Marcel Vienneau
    1-514-394-5200 Ext 413