DoMark Purchases North American Rights for Revolutionary Internet Shopping Solution Which Will Transform Online Retail Landsc...
January 28 2014 - 10:09AM
DoMark International Inc. (OTCQB:DOMK), a leading smartphone,
tablet, video gaming accessories and technology company, is pleased
to announce that it has purchased from Wazzamba SA, the North
American exclusive distribution rights to Monetizer 101 in a
revenue-share based transaction.
Monetizer 101 is a unique proprietary technology that
collaborates media owners, retailers and consumers into an online
discount shopping solution where everyone benefits.
Unlike other online shopping platforms currently available,
Monetizer 101 is a free advertising model for moving discounted
inventory for retailers where they only pay commission for products
sold. Media owners will be paid for driving traffic to retailers,
retailers receive new revenue streams and increased page views on
their own websites and consumers receive a wide variety of brand
name products at heavily discounted prices. Everybody wins with no
capital outlay outside of the purchase of the product.
Developed and currently operating in Europe, the platform and
infrastructure will be easily rolled out in North America with
DoMark capitalizing on its extensive media
relationships. Operating and capital costs for product launch
and day to day operations will be minimal. The Canadian site
will be launched within 2 months with the United States following
shortly.
Market research firm, Forrester, forecasts that online U.S.
retail sales will reach $327 billion by 2016, as more consumers are
becoming comfortable with a wider variety of online
purchases.
Andrew Ritchie, DoMark President & CEO, commented: "This is
a fantastic acquisition for DoMark in this explosive growth market.
Monetizer 101 is a unique win/win solution for media owners,
retailers and consumers. It is ready to be deployed with very
little investment by DoMark and I'm confident that this will not
only act as a huge revenue stream for the Company but will also
enrich the entire consumer online shopping experience in North
America. Monetizer 101 adds to our existing line up of products as
part of our ongoing growth strategy."
About DoMark International Inc.
DoMark International Inc. is a fully compliant SEC reporting
publicly-traded consumer electronics company listed on the
regulated US OTC Bulletin Board under the symbol DOMK. The Company
works with inventors, manufacturers, distributors and retailers to
bring to market globally innovative new smartphone and tablet
accessories that can significantly enhance the usage or user
experience of a device. Its products are designed to be compatible
with all major smartphone and tablet device manufacturers including
but not limited to Apple Inc., Samsung, Logitech and Quantum
International. Technology development companies in which DoMark has
partnered include Solawerks Inc., Imagic Ltd., Zaktek Ltd. and
Barefoot Science. For more information on DoMark and its products,
please visit www.domarkintl.com.
Important Safe Harbour disclaimer information is available at
the following link: www.domarkintl.com
CONTACT: North America:
DoMark International Ltd.
Andrew Ritchie - President & CEO (+1-416-400-4421)
Europe:
GTH Communications Ltd.
Toby Hall (+44 20 7822 7493)