Ubiquitech to Enter Multi-Billion Dollar Crowd Funding Industry With Its New Site, NeedFunded.com
November 14 2013 - 8:00AM
Marketwired
Ubiquitech to Enter Multi-Billion Dollar Crowd Funding Industry
With Its New Site, NeedFunded.com
TAMPA, FL--(Marketwired - Nov 14, 2013) - Ubiquitech
Software, Inc. (www.ubiquitechsoftware.com) (OTC Pink: UBQU), an
International Technology and Services company, is set to
launch a popular new Website in the fast growing multi-billion
dollar Crowd Funding industry called www.NeedFunded.com. Through
NeedFunded.com, individuals can raise capital from other
like-minded individuals for hundreds of different needs, from
charitable foundations to students starting a Rock band, and
everything in between. Crowd funding reached more than 5
billion in dollars raised over the last 24 months and is expected
to reach over $15 billion per year by 2015. NeedFunded.com is
poised to compete with some of the current industry leaders like
KickStarter.com. EquityNet.com, and RocketHub.com.
"Crowd funding is the rage right now because it's a great way to
get direct funding from people and avoid the banks, the credit
checks, and the denials that can come with that," says Luke Dreyer,
COO of Ubiquitech and the brainstorm behind
NeedFunded.com. "With this new and exciting division we are
tapping into a fantastic revenue stream that also fits perfectly
with our Blue Crush Monetization System and our ability to create
traffic," added Jim Ballas, CEO of Ubiquitech. "Crowd Funding
has every element we look for in a new division, popularity, ease
of transactions through a company like PayPal, no need for
merchant banking, easy access for individuals, and the ability
to utilize our existing traffic methods to produce results. It is
perfect fit for us and is a perfect profit model as well."
NeedFunded.com is expected to raise approximately $2500 - $4500
per registration, and the company anticipates that it can obtain
hundreds, even thousands, of active new registrations per month.
This will quickly allow NeedFunded.com to grow while keeping costs
down by using BCMG's existing traffic portals and ensuring quality
traffic to the site. Like most of UBQU/BCMG's divisions
NeedFunded.com will be free to use by the public, and earns
revenues by taking a fee for services. The Needfunded.com site is
expected to become fully operational during December.
"There is no limit to how much money people can raise through
NeedFunded.com, because there is no limit to the amount of need for
people to raise capital," says Jim Ballas. "Add to that the fact we
can take NeedFunded.com global and it's easy to see how profitable
we can be."
About Ubiquitech Software, Inc. Ubiquitech Software, Inc.,
through its newly acquired subsidiary Blue Crush Marketing Group
LLC, is a dynamic multi-media, multi-faceted corporation utilizing
state-of-the-art global Internet marketing, plus Direct Response
(DRTV) Television, Radio, and traditional Internet marketing, to
drive traffic to the new and emerging multi-billion dollar
industries.
This press release contains forward-looking statements. Words
such as "expects," "intends," "believes," and similar expressions
reflecting something other than historical fact are intended to
identify forward-looking statements, but are not the exclusive
means of identifying such statements. These forward-looking
statements involve a number of risks and uncertainties, including
the timely development and market acceptance of products and
technologies, the ability to secure additional sources of finance,
the ability to reduce operating expenses, and other factors
described in the Company's filings with the OTC Markets Group. The
actual results that the Company achieves may differ materially from
any forward-looking statement due to such risks and uncertainties.
The Company undertakes no obligation to revise or update any
forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release.
Contact: Investor Relations E-mail:
Info@Ubiquitechsoftware.com
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