SOURCE: Protext Mobility, Inc

March 31, 2014 09:30 ET

Protext Mobility Issues Corporate Update

Company Announces Execution of Several New Letters of Intent With Auto Dealerships; Participation in April's National Distracted Driving Awareness Month

DELRAY BEACH, FL--(Marketwired - Mar 31, 2014) - Protext Mobility (OTCQB: TXTM), a developer of innovative and trusted applications for the mobile communications market, is pleased to provide several corporate developments in this update.

Protext has recently executed various letters of intent with several auto dealership groups to market and sell its distracted driving solution utilizing OBD-II technology. The Company's DriveAlert product, a text blocking and distracted driving solution aimed at curbing the distracted driving epidemic is being marketed to consumers at point of sale in multiple auto dealerships. Under the terms of the partnerships with Protext, the Dealerships will prominently display product information and collateral marketing throughout their showrooms for DriveAlert, which will be sold directly to consumers.

"We are thrilled that auto dealerships continue to see the value in our product, and I am proud to be announcing these latest letters of intent," said Steve Berman, CEO of Protext Mobility. "We take great pride in working diligently to ensure that there are mutual benefits and potential for growth with any strategic alliances formed by Protext, and therefore feel confident in the potential for great success in these dealerships." 

April is National Distracted Driving Awareness Month, and Protext is passionate about putting an end to the distracted driving epidemic. The Company will be doing its part to not only help promote the campaign, but will be participating on several levels to bring awareness to the crusade against distracted driving. "Our technology was born from parents' dedication to keeping their now-driving children as safe as possible. As a developer of technologies to keep drivers safe, we cannot think of a better campaign to be a part of than National Distracted Driving Awareness Month," Mr. Berman went on to say.

According to the National Highway Traffic Safety Administration, there were more than 3,300 deaths and more than 420,000 injuries in 2012 as a result of distracted driving accidents. With the explosion of social media, so have socially driven behaviors, such as taking and sharing "selfie" photos or videos while driving, an alarming trend among smartphone users. "In today's world connected by mobile 24/7, people have become accustomed to immediate access of social media and expect instantaneous information. That should not come at a cost to driving safely and/or putting others at risk, however. Studies are beginning to emerge regarding the dangers of driving while distracted, and the numbers are staggering. Drivers who are using cell phones are 4 times more likely to be involved in traffic accidents, and those who text while driving are up to 23 time more likely to cause injury to themselves or others on the road. Protext's mission is to cut these numbers as drastically as possible with solutions such as DriveAlert," said Mr. Berman.

About Protext Mobility, Inc.
Protext Mobility (OTCQB: TXTM) develops innovative applications and trusted solutions for consumers and businesses operating in the mobile communications marketplace. The Company's mobile communications service offering provides consumers with mobile solutions to monitor text activity and curb device usage while driving, as well as businesses solutions' to help manage mobile communications activities amongst employees. Protext Mobility markets its services under the SafeText, DriveAlert and CompliantWireless.

About DriveAlert
Simply put, with the application downloaded and OBD-II Bluetooth connected, the DriveAlert smartphone solution acts like a lock box on the device once the vehicle is in motion. Launching automatically, the distracted driving solution blocks certain functions including texting, web-browsing, emailing, photo- and video-taking, as well as blocking certain social-sharing applications that utilize these functions. The solution also sends customized auto-replies to any incoming texts, and sends in-coming calls to voicemail, as well as allows the driver the ability to dial 911 in an emergency. Other advanced features are bundled and included as part of the service, along with a web-enabled dashboard reporting tool.

For more information on the Company and its suite of mobile solutions for consumers and businesses, please visit www.protextmobility.net

Disclaimer: The press release may include certain statements that are not descriptions of historical facts but are forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are identified by words such as "may," "expects," "believes," "anticipates," "intends," "projects," or similar terms, variations of such terms or the negative of such terms and include statements regarding the potential impact of our new Drive Alert solution and the market opportunity for our new Drive Alert solution. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein including the inability of our new Drive Alert solution to have the desired impact on the reduction of driving injuries. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectation and actual results may vary (perhaps materially) from certain of the results anticipated herein. The Company has no obligation to update these forward-looking statements.

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