SinglePoint, Inc. and Advanced Content Services Form Strategic Partnership to Launch Cannabis Card(TM)
April 15 2014 - 9:09AM
Marketwired
SinglePoint, Inc. and Advanced Content Services Form Strategic
Partnership to Launch Cannabis Card(TM)
PHOENIX, AZ--(Marketwired - Apr 15, 2014) - SinglePoint, Inc.
(OTC: SING), a state-of-the-art mobile technology and full-service
mobile marketing company, and Advanced Content Services (OTC:
ADCS), a Holding company focused in electronic payment services and
solutions, announce that they have agreed to partner on the
development and deployment of Cannabis Card™, a rewards card
branded for the multi-billion dollar legalized medical and
recreational marijuana industry.
Cannabis Card is a product invented by ADCS's wholly owned
subsidiary, New Wave Prepaid Solutions, Inc., and is currently in
development for entry to market. Recently, ADCS Chairman and New
Wave Prepaid co-founder, Mark B. Newbauer, met with SinglePoint™
CEO Greg Lambrecht and his team at SinglePoint™ headquarters in
Phoenix, Arizona. It was agreed that the companies will form a
Joint Venture toward collectively beneficial revenues on Cannabis
Card™.
Greg Lambrecht has a successful track record, for more than 20
years of founding and leading start-up companies focused on
building new retail distribution networks. As the founder of PCI a
leading consumer product distribution company, Mr. Lambrecht
negotiated agreements with the nation' largest retail outlets such
as 7-11 (Southland Corp), Albertson's and Costco representing
25,000 retail accounts.
Lambrecht also founded Millennium Marketing, a firm specializing in
distribution of prepaid wireless, Ringtones and Games throughout
retails stores in North America.
"This is a tremendous opportunity for Cannabis Card," states New
Wave Prepaid Director, Steve Devine. "Greg's background and
proven experience in the realm of prepaid products and retail
distribution, in addition to SinglePoint's existing verticals
designed for the Cannabis industry, holds tremendous potential for
materialization, rapid market entry and monetization of Cannabis
Card and we're thrilled to be forming an alliance here."
"New Wave is taking existing technology and turning out innovative
solutions in profitable market sectors. We are thrilled to be
working with them on a product I am confident we can bring to
market with low overhead and strong revenue potential for all
involved," states Lambrecht.
The companies aim to have a hard card launched during or before Q3
2014.
Advanced/New Wave plans regular benchmark updates on card launch
for Cannabis Card and SchoolFuel and is currently in discussions
with a top vendor focused in marijuana merchant services for a
potential JV.
Like Singlepoint on Facebook and follow us on Twitter
Like New Wave Prepaid Solutions on Facebook
Check out New Wave Prepaid products at: www.newwaveprepaid.com
About Singlepoint,
Inc. Headquartered in Phoenix, AZ, Singlepoint, Inc. is a
state-of-the-art mobile technology company and full-service mobile
marketing agency. We operate a best-in-class mobile commerce and
communication platform specifically designed to serve the needs of
the non-profit community as well as for profit companies. We make
any campaign instantly interactive via the mobile phone. This
functionality allows our clients to conduct business transactions,
accept donations and engage in targeted communication campaigns
with their customers/donors through any mobile devices. Send more
messages, create more awareness, and raise revenues and
donations.
For more information see www.singlepoint.com
About Advanced Content
Services, Inc. / New Wave Prepaid Solutions
Advanced Content Services is a Holding Company focused in
electronic payment services and solutions via its wholly-owned
subsidiary, New Wave Prepaid Solutions and their flagship products,
Cannabis Card™, aimed to reward consumers and serve businesses in
the medical marijuana markets, and SchoolFuel™ a revolutionary
fundraising platform for schools and universities built into a
convenient, easy-to-use general-purpose reloadable debit card. The
company strives to be a leading contender in the issuance of
prepaid solutions and services that are both highly marketable and
with socially conscious profitability.
For more information see www.advancedcontentinc.com
Forward-Looking Statements Certain statements in this news release
may contain forward-looking information within the meaning of Rule
175 under the Securities Act of 1933 and Rule 3b-6 under the
Securities Exchange Act of 1934, and are subject to the safe harbor
created by those rules. All statements, other than statements of
fact, included in this release, including, without limitation,
statements regarding potential future plans and objectives of the
company, are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could
differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt
implementation of any strategically significant plan(s) outlined
above. The Company undertakes no duty to revise or update any
forward- looking statements to reflect events or circumstances
after the date of this release.
SinglePoint Greg Lambrecht 602-481-1544 www.singlepoint.com
Advanced Content Services, Inc. Thomas Wolff CEO 702-582-8663
Info@advancedcontentinc.com
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