Poynt Corporation

Poynt Corporation

August 22, 2011 08:00 ET

Poynt Wins First Place in the Productivity & Tools Category of Nokia's Calling All Innovators 2011 Contest

Poynt Secures the Contest Prize of $150,000

CALGARY, CANADA--(Marketwire - Aug. 22, 2011) - Poynt Corporation (TSX VENTURE:PYN), a global leader in mobile local search and advertising, has been awarded First Place in the Productivity and Tools category of Nokia's (NYSE:NOK)(OMX:NOK1V) "Calling All Innovators 2011" mobile app and games development contest. The Nokia Calling All Innovators global competition encouraged app and game developers from around the world to submit mobile apps in 17 categories for the chance to share in a total of $10 million (USD) in cash and prizes. Poynt competed against more than 800 entrants for top honors.

First place winners in each category receive a $150,000 (USD) cash prize and remain in the running to win additional grand prizes which include major marketing campaigns. One game and one application will be chosen as grand prize winners. The grand-prize winners and runners-up will be announced at an award event later this month to be held at Nokia's U.S. flagship office in Sunnyvale, California.

The "Calling All Innovators 2011" Contest used a unique blend of consumer and expert judging to determine the category winners. The initial judging was based on total app downloads by consumers and sales totals in Nokia's Ovi Store. The top 10 apps in each category (five paid apps and five free apps) advanced as category finalists and were then judged by an expert panel of judges from AT&T and Nokia. Nokia chose this blend of consumer and expert judging to help ensure that the best apps were not only the most popular apps but also provide the best user experience.

"Nokia phones continue to provide great, rich user experiences and Ovi Store continues to grow in popularity," said Andrew Osis, president and CEO of Poynt Corp. "We are honored to be selected as first place category winners and are happy that Nokia users and the expert judges feel our app is worth highlighting."

More information about Poynt for Nokia can be found at: http://poynt.com/nokia.html.

Poynt is a convenient and timesaving GPS-enabled mobile application that connects consumers to local businesses, events, restaurants, movie theatres, gas prices and weather information at the moment they are looking to buy or acquire products or services. Poynt provides consumers with the ability to move beyond discovery of their local area to view movie trailers and reviews, buy movie tickets, click-to-call businesses, get directions, browse listing websites, read reviews and book dining reservations.

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

About Poynt Corporation

Poynt Corp. (about.poynt.com) is a global leader in the mobile local advertising space. Its Location Based Search (LBS) application, Poynt (www.poynt.com), enhances a user's ability to connect with the people, businesses and events most important to them. Poynt is available on iPhone and iPod Touch, Android, Nokia QT and Windows Phone 7 devices, BlackBerry® smartphones and BlackBerry PlayBook™ Tablets in Canada, the United States, Europe and Australia. Poynt Corp. entered the mobile publishing space with the recent acquisition of an advertising publishing platform in January 2011. Key contracts on both the supply and demand sides are in place to provide inventory into the platform and publishers to display the inventory. Whether through the Poynt Local Search App or the Ad Publishing Platform, Poynt Corp. simplifies connecting consumers with businesses, retailers and events. 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. Apple App Store and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. Windows is a registered trademark of Microsoft Corporation in the United States and other countries. Android is a registered trademark of Google Inc. Nokia is a registered trademark of Nokia Corporation.

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

  • Company Contact:
    Poynt Corporation
    Andrew Osis
    President & CEO

    Public Relations Contact:
    FortyThree PR, Inc.
    Evie Carter