SOURCE: Thrive World Wide, Inc.

February 02, 2012 07:59 ET

Thrive World Wide, Inc. Is Pleased to Announce Its Entry Into the Mobile Space

LOS ANGELES, CA--(Marketwire - Feb 2, 2012) - Thrive World Wide, Inc. (OTCQB: TWWI) (PINKSHEETS: TWWI) announces that Daily Hot Deal, a wholly owned subsidiary of Thrive World Wide, Inc., has entered into a relationship with DealNet Inc a wholly owned subsidiary of one of the largest mobile ad networks generating over 50 million unique impressions monthly. Daily Hot Deal will be providing travel and vacation related deals and also a mix of national as well as local and regional offers from restaurants, spas, gyms, coffeehouses, wineries, live theatre and concerts, golf courses, ski resorts, dance studios, tickets to professional baseball and football games and more. Daily Hot Deal will be rolling out into 26 markets within the next 60 days and we are expanding the basic model beyond the daily local deals by working with national and global brands, stated Wendy Borow Johnson, President and CEO of Thrive World Wide, Inc.

Idan Miller, CEO of DealNet, said, "Imagine a system that enables any merchant to easily upload a risk-free daily deal campaign to target potential customers in their local area. Imagine the system enables the merchant to run ad-hoc deals, choose the day, date and time a deal is shown, and by doing so promote targeted, location-based deals to every mobile user in a given radius. Well, such a system has just been launched with the cooperation between DealNet and Thrive World Wide, Inc."

About DealNet

DealNet is the first mobile ad network that takes the booming business of daily deals and combines it with location-based mobile advertising. DealNet delivers the best local offers with the most appealing ads, direct to mobile customers according to their exact location.

About Thrive World Wide, Inc.

Thrive World Wide is a publicly traded company (OTCQB: TWWI) that is building out several distinct businesses. It is the owner of Daily Hot Deal, a Groupon-like deal-of-the-day business with video assets that include video commercials produced at no charge to the merchant who brings the company a deal offer. Daily Hot Deal puts these videos into its emails, on its website, www.dailyhotdeal.com, on its Facebook page, facebook.com/dailyhotdeal, and on its YouTube Channel, along with placing the videos on other media outlets. Thrive is in the process of creating Thrive Away, www.thriveaway.com, a web and mobile destination for consumers seeking vacations and recreational activities and for resort destinations, hotels, cruise lines and providers of recreational activities from golf and tennis, horseback riding, skiing, surfing, sailing, hunting, fishing, arts, antique collecting, wine tasting, etc. Thrive World Wide is also launching Thrive Media Group, which provides media buying and management services as well as video production branding and more. This business will roll out after the first of the year and it already has two clients.

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