SOURCE: Spindle Inc.

July 21, 2014 08:30 ET

Spindle to Receive Customer Value Enhancement Award From Global Market Research Firm Frost & Sullivan

Leading Mobile Commerce Provider Is Recognized for Pioneering Innovative, Comprehensive Solutions That Serve Merchant and Consumer Needs

SCOTTSDALE, AZ--(Marketwired - Jul 21, 2014) - Spindle, Inc., (OTCQB: SPDL), a leading provider of mobile commerce solutions, announced that it has been named a recipient of Frost & Sullivan's 2014 Customer Value Enhancement Award for its broad solutions portfolio that enables merchants and consumers to engage, interact and transact through innovative mobile technology. Frost & Sullivan will formally present the award to Spindle at a banquet on September 16 in San Jose, California.

Now celebrating its 50th year, Frost & Sullivan is regarded as one of the world's most influential market research firms. The organization's team consists of some 1,800 analysts and consultants who monitor upwards of 300 industries and 250,000 companies around the globe.

In its evaluation of the mobile commerce sector, Frost & Sullivan lauded Spindle for "... pioneering new ways for businesses to rapidly integrate mobile payment acceptance and mobile marketing services. With Spindle, merchants can manage customized marketing campaigns from a single interface, and facilitate payment processing as an integrated service. This allows merchants to deliver solutions that take consumers from the discovery stage, to a variety of marketing and engagement activities, to transaction; all within a single app." As a result of its findings, Frost & Sullivan concluded that Spindle's ability to deliver a 'frictionless commerce' experience is a major differentiator in the market.

"We are delighted that Frost & Sullivan has recognized the inherent value and innovation that Spindle brings to the market," said Bill Clark, Spindle's chief executive officer. "Our industry is filled with very savvy, entrepreneurial companies that continually push the envelope in terms of improving the merchant-consumer dynamic. To be recognized as 'best-in-class' in this vibrant, fast-growing sector is an honor that we deeply appreciate. In fact, the Customer Value Enhancement Award not only validates that Spindle's strategy is correct, but just as importantly, it acknowledges our company's proven ability to execute on its growth plan by serving the complex and evolving needs of providers, merchants and consumers." 

About Spindle
Spindle is an innovator of mobile commerce solutions for financial services providers and consumer-facing merchants of all sizes. Spindle is focused on pioneering new ways for businesses to rapidly integrate mobile payments acceptance and mobile marketing services while empowering location-based merchant discovery, fulfillment and frictionless mobile payments for consumers. Spindle is dedicated to expanding beyond traditional electronic payment boundaries by offering cutting-edge solutions that allow clients, partners, merchants and consumers to take full advantage of the rapidly emerging mobile economy. Spindle has an extensive proprietary intellectual property portfolio -- which include patents pending--that encompass networks, mobile payments, and security. For more information, visit www.spindle.com.

Forward-Looking Statements
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements, as described in our reports filed with the Securities and Exchange Commission which are available for review at www.sec.gov, to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • Public Relations Contact
    Glenn Goldberg
    Chief Executive Officer
    Parallel Communications Group
    516-705-6116
    Email Contact

    Investor Relations Contact
    Chris Meinerz
    Chief Financial Officer
    Spindle, Inc.
    480-295-8059
    Email Contact