Protext Mobility CEO Issues Letter to Shareholders
December 19 2013 - 8:37AM
Protext Mobility (OTCQB:TXTM; "Protext Mobility" or the "Company"),
a solutions developer of innovative and trusted applications to the
mobile communications market today issued a Letter to Shareholders
from CEO, Steve Berman.
Dear Fellow Protext Shareholders,
As 2013 comes to a close and we enter the New Year, we are
optimistic about our prospects for 2014. There has been a
tremendous amount of work completed during the last 6 months and we
feel strongly that distribution and revenue producing opportunities
will be executed in the very near term. As such, we
have scheduled an investor conference call for Tuesday January 7th
to discuss 2014 plans, initiatives and further details on the
recently announced partnership with Waggoner.
Over recent weeks, we have spent a great deal of time developing
distribution and sales opportunities within the Automotive-Dealer
channel. We are working closely with the Owners, Gm's and
Finance Managers of multiple large Auto-dealer groups that
represent in excess of several dozen individual new and used car
dealerships. In fact, to date, we have numerous trials
underway with various prominent NY based Auto-dealer Groups which
we believe will result in our distracted driving solution being
sold direct to consumers at the dealerships with a revenue model
that pays the Company up front for a multi-year user license.
Our recent announcement with Waggoner highlights an important
and unique point of distribution for the Company's DriveAlert
product offering. In exchange for a modest revenue share,
Protext gets the benefit of a seasoned executive team within the
insurance space, along with a support staff, both of which would
traditionally take significant time and substantial resources to
duplicate. I have spent time in Canada with the team and we
have already hit the ground running with traction on several
opportunities. Separately, but also within the insurance
vertical, we have been in discussions with a mid-sized, U.S. based,
Insurance Carrier who deals mostly with fleets in the Enterprise
market. We anticipate launching a trial with the carrier at
the start of the year, as well as commencing a pilot program with
up to two corporate accounts representing several medium sized
fleets.
In conclusion, we want to offer our thanks to all those involved
with furthering the company along during the past year including
advisors, partners and Board of Directors. We appreciate your
continued support as well as that of our stakeholders, and wish all
the very best success for 2014. The Company will provide further
conference call details after the New Year's holiday.
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 brands. For more information on the Company and
its suite of mobile solutions for consumers and businesses, please
visit www.protextmobility.net
Contact: David Lewis Executive Director
617-504-3635 | investors@protextm.com info@protextm.com
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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