Protext Mobility Announces Letter of Intent with Large NY-Based Auto-Dealership Group
January 29 2014 - 10:34AM
Protext Mobility (OTCQB:TXTM; "Protext Mobility" or the "Company"),
a solutions developer of innovative and trusted applications to the
mobile communications market today announced a letter of intent
with a large NY-based Auto-Dealership group to market and sell the
Company's latest DriveAlert product offering. The DriveAlert
product, a text blocking and distracted driving solution utilizing
OBD-II technology, aimed at curbing the Distracted Driving
epidemic, will be sold at point of sale, direct to consumers, at
three NY auto-dealerships servicing the NYC Tri-State areas.
Steve Berman-CEO, commented "we're excited to commence rollout
of our distracted driving solution within the auto-dealership
vertical. By selling direct to drivers through the
dealerships we get a sales and support staff to help drive the sale
as well as a partner promoting our solution in-store with
collateral sales material, poster boards, etc. We believe
this point of sale opportunity is exactly the way to sell and get
our product into the hands of the public. In cooperation with
the Dealerships we will work together to expand awareness of the
distracted driving epidemic to the consumer at the exact time an
auto purchase takes place. Additional details relating
to this specific rollout will be forthcoming and we believe this
first retail store launch will be among many announcements with
auto-dealer groups all over the USA", concluded Mr. Berman.
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: Steve Berman Chief Executive Officer
516-637-4061 | 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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