PHOENIX, AZ--(Marketwired - Jan 30, 2014) - Singlepoint, Inc. (OTC: SING), a state-of-the-art mobile technology company and full-service mobile marketing company, announces today its 2013 year-end sales and revenues of $1,639,707. Over $1m in sales was accumulated by the Company's recent acquisition of wholly owned subsidiary, Six Sigma Services, Inc.
As well, revenues continue to build under licensing and partnership agreements using Singlepoint's proprietary SMS technology in various applications including mobile auctions, mobile donations and mobile purchasing capabilities, with companies and institutions like GolfLogix, Moody's Bible Institute, Text2Bid and Linkstorm. Singlepoint will file its annual report on OTC Markets by end of Q1.
Singlepoint CEO, Greg Lambrecht is pleased with year-end results: "2013 was a very good year for us, but only the beginning for us in terms of open avenues for additional revenue streams, a cumulative upsurge in incoming sales inquires and potential increase use of applications by existing clientele."
He adds, "Recent performance enhances our ability to target and acquire additional assets for the company to further increase overall shareholder value and we look forward to updating accordingly as we continue to set and reach new benchmarks alongside company growth."
Forthcoming are announcements on what Lambrecht is confident will be interesting developments for Singlepoint and its shareholders. Particularly, the Company will announce an exciting new application and partnership for its payment technology in a market sector outpacing smartphones in terms of rapid growth.
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About Singlepoint, Inc.
Headquartered in Phoenix, AZ, Singlepoint, Inc. is a state-of-the-art mobile technology company and full-service mobile marketing agency. We operate a best-in-class mobile commerce and communication platform specifically designed to serve the needs of the non-profit community as well as the for profit companies. We make any campaign instantly interactive via the mobile phone. This functionality allows our clients to conduct business transactions, accept donations and engage in targeted communication campaigns with their customers/donors through any mobile devices. Send more messages, create more awareness, and raise revenues and donations.
For more information see www.singlepoint.com
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward- looking statements to reflect events or circumstances after the date of this release.