Poynt Corporation
TSX VENTURE : PYN

Poynt Corporation

January 13, 2011 09:00 ET

Poynt Corporation Honored as One of Alberta's Fastest Growing Companies in 2011

Poynt Corporation ranks 10th on Alberta Venture's Fast Growth 50, 2011

CALGARY, ALBERTA--(Marketwire - Jan. 13, 2011) - Poynt Corporation ("Poynt Corp." or the "Company")(TSX VENTURE:PYN), a leading provider of mobile local search services, today announced they have been selected by Alberta Venture as one of Alberta's Fast Growth Champions.

In its 13th year, the Alberta Venture's Fast Growth 50 recognizes innovative and enterprising Alberta-based companies. Poynt Corp's recognition as one of the Fast Growth 50 highlights its position as an industry leader in Alberta and highlights the resiliency of Poynt Corp through difficult economic times. Poynt Corporation ranked 10th overall based on revenue, asset and profit increases over the past three years.

"Poynt Corporation is extremely pleased to receive recognition from the Alberta business community," said Andrew Osis, CEO, Poynt Corp. "Alberta's business and technology community is extremely competitive both in Alberta and worldwide and we are proud to be able to contribute to Alberta's global reputation."

"Although the recent economic downturn has been challenging for global business, there are those that have continued to succeed," said Paul Marck, Editor of Alberta Venture, "The immense growth of the Fast 50 companies, including Poynt Corporation, is a testament to the innovation they exhibit."

The Poynt App is a convenient and timesaving GPS-enabled application that connects consumers to local businesses, restaurants and movie theatres at the moment they want to buy or acquire products or services. Poynt gives consumers the ability to move beyond discovery of their local area to view movie trailers and showtimes, book dining reservations, view directions on a map, click-to-call the business, view their website, add results to calendar or email results to friends without exiting the application.

Poynt is available as a free download to users in Canada, the United States, Germany, the United Kingdom, Italy, France, Spain and Australia for BlackBerry® smartphones and for iPhone and iPod Touch, Android and Window Phone 7 devices from the respective App Stores. Poynt is also available via Over the Air download at m.poynt.com.

About Poynt Corporation

Poynt Corporation (about.poynt.com) develops and operates mobile applications that enhance the consumers' ability to connect with the people and businesses most important to them. Their multi-award-winning Poynt application (www.poynt.com) is a mobile local search service available over BlackBerry smartphones, iPhone and iPod Touch, Android devices and Windows Phone 7. Through agreements with directory and vertical content providers in Canada, the United States, Europe and Australia, Poynt simplifies finding and connecting with businesses, retailers and events wherever and whenever it is most convenient for the consumer. The MyInboxNow offering enables low-end feature phones to behave like smartphones for email access. MyInboxNow is available to mobile operators as a private label solution. Headquartered in Calgary, AB, Canada, Poynt Corp. trades on the TSX Venture Exchange under the symbol PYN.

The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • FortyThree PR, Inc for Poynt Corporation
    Evie (Smith) Carter
    831-401-3175
    poynt(at)43pr.com
    or
    Trilogy Capital Partners
    Financial Communications Contact
    Darren Minton, President
    Toll-free: 800-592-6067
    info(at)trilogy-capital.com