SOURCE: Spindle Inc.

September 09, 2014 09:46 ET

Spindle to Preview Beaconing Technology at CTIA's The Money Event

Mobile Commerce Leader Will Showcase Next-Generation Mobile Technology That Enables Multiple Services for Merchants and Consumers

LAS VEGAS, NV--(Marketwired - Sep 9, 2014) -  CTIA -- Spindle, Inc., (OTCQB: SPDL), a leading provider of mobile commerce solutions, announced Bill Clark, its chief executive officer, will offer attendees a glimpse of its upcoming beaconing solution at The Money Event, a leading mobile payments conference collocated with CTIA's Super Mobility Week. The Money Event will take place at the Sands Expo & Convention Center, Las Vegas, Nevada, from September 9 to 11. Spindle will be located at booth 5846 throughout the exposition, and will meet with resellers and channel partners who are looking to differentiate themselves by offering sophisticated mobile commerce solutions to these merchants.

Scheduled for release later this fall, Spindle's beaconing solution enables merchants to deliver real-time offers and communications to consumers while they are in specific departments or areas within a store. Using low energy Bluetooth (BLE), beacons emit low-level wireless signals that allow retailers to interact with consumers and deliver relevant, location-based rich media promotions, offers, and informational messages delivered to the shopper's mobile device. Spindle's beaconing technology is integrated into its Yowza!! national marketing platform, which allows businesses to leverage advanced analytics to refine offers and promotional programs in real-time. 

"The introduction of beaconing represents an entirely new paradigm in the way merchants can communicate with customers, initiate in-store interactions, and influence the purchase of goods and services while the customer is shopping," said Bill Clark, Spindle's chief executive officer. "We are eager to share our vision and strategy at CTIA and The Money Event, and demonstrate how these innovations will work in a practical retail or restaurant environment."

In addition to its beaconing solution, Spindle will showcase its Yowza!! mobile commerce services at The Money Event, including its payment processing platform and Yowza!! Cloud POS services. The solutions integrate marketing, loyalty, payment, and even other mobile wallet solutions such as expected offerings from Apple and MCX for merchants. The Yowza!! platform provides a robust, intuitive mobile interface by which retailers and restaurants can both engage with their customers and manage their businesses.

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