Mobiquity Acquires Mobile Development Shop KMDM to Help Meet Exploding Market Demand for Its Services

BOSTON, MA--(Marketwire - Sep 22, 2011) - Mobiquity (www.mobiquityinc.com), a professional services firm specializing in the design, build, deployment and analysis of innovative enterprise-class mobile solutions, today announced it has acquired the Cambridge, Mass.-based mobile development shop, KMDM. The acquisition of KMDM was made in response to the market's exploding demand for Mobiquity's range of mobile professional services. KMDM is the second company Mobiquity has rolled-in since its founding in April 2011; the other was Providence, RI-based Cronk Software. Terms of the deal were not disclosed.

What's New

• Mobiquity chose to roll-in KMDM to its business based on the company's proven expertise in developing mobile applications for companies in industries including financial services, healthcare, retail, and travel and leisure; KMDM clients include organizations such as Putnam Investments, Savant, National Public Radio, Vgo Communications, LiveWire Mobile, and Constant Contact. Work for these companies and others will now fall under the Mobiquity banner.
  
  
• KMDM's CEO, David Micalizzi, will become Vice President, Client Services for Mobiquity; all other KMDM employees will become Mobiquity employees.
  
  
• With this roll-in, Mobiquity now has offices in four locations: Wellesley, Mass., Cambridge, Mass., Philadelphia and Providence, RI; the fast-growing company has added more than 20 clients to its roster in just the last two months alone.
  
  

KMDM is a leader in custom mobile applications and communications software development. The company's team of engineers, project leaders and user experience gurus focuses on developing the Mobile, Wireless, Networking and Real-time systems, devices and software that make ubiquitous communication possible.

Comments on the News
"Analysts say mobile computing will create a bigger and more profitable impact on businesses than the Internet through increased customer engagement, loyalty and higher employee productivity. And Mobiquity's momentum to date is proving this out," said Bill Seibel, CEO of Mobiquity. "Mobiquity's strategy is to identify best-of-breed companies in the mobile space we can quickly roll-in to the company to continue meeting client demand for our services. We recognized KMDM as a mobile leader based on the strength and creativity of the work they've done for major brands in the market. Our vision for the future of mobile computing was similarly aligned. We're delighted to welcome them to the Mobiquity team."

"In every industry, there's a unique opportunity in time for taking advantage of unprecedented market growth," said Micalizzi. "Mobile is on this trajectory now. By becoming part of Mobiquity, I believe our combined organizations will be perfectly positioned to help clients meet their evolving mobile business needs, and for us to become the acknowledged market leader in the process. I'm delighted to join Bill and his team to show clients the value of connecting their organizations through mobile."

About Mobiquity
Mobiquity is a professional services firm that partners with enterprises to design, build, deploy and analyze innovative mobile solutions that transform business processes and deliver real ROI. Mobiquity's expertise includes mobile business strategy, experience design, mobile technology development and deployment, analytics, and mobile security services. Co-founded by consulting veteran Bill Seibel (COO, Cambridge Technology Partners, CEO, ZEFER) and leading mobile strategist Dr. Scott Snyder (President, Breakthru Advisors, CEO and President, Decision Strategies International), Mobiquity has teamed the leaders from the client-server and internet waves with those driving innovation in mobile today. To learn more, visit www.mobiquityinc.com.