Mobiquity Technologies Announces Exclusive 12-Month Global Contract with GroveToken LLC following a $25 Million Commitment from GEM Digital Limited for Market Defined Green Crypto Currency
August 05 2022 - 8:55AM
Mobiquity Technologies, Inc. (NASDAQ: MOBQ) (the “Company”), a
leading provider of next-generation advertising technology, today
announced that GroveToken LLC is expanding their relationship with
Mobiquity Technologies, Inc. to include a 12-month long global
campaign to help raise awareness for their GreenKeeper© and
GreenOasis© technologies following their showcase with the Dubai
Royal Family.
- Campaign currently
running in the United States, Canada and Australia.
- Campaign to expand
to 12 additional countries in the Pacific Rim region in coming
weeks
- Campaign to launch
globally over the next several months
- GEM funding will
assist GroveToken to advance and accelerate their roadmap
GroveToken’s global initiative is part of a bigger effort to
build out an eco-friendly digital currency that will result in less
electronic wastage and can remain sustainable for decades to come.
The ultimate mission is to provide a healthier, wealthier world for
all. The contract with Mobiquity is a one-year commitment from
GroveToken LLC which is currently running in the United States,
Canada and Australia. GroveToken’s goal is to expand out to 12
additional countries in the Pacific Rim region over the next
several weeks, and to go global over the next several months.
John Ghemrawi, CEO of GroveToken, said; “We have huge global
aspirations for GroveToken in the coming months. We’re confident
that with Mobiquity as our partner we can keep sharing our progress
and growth with current and future investors to deliver them the
best possible experiences.”
Sean Trepeta, President of Mobiquity Networks, said; “We are
excited to have been chosen by GroveToken as their marketing
partner to drive awareness. We believe the capital commitment from
GEM really validates GroveToken’s business model and will help
accelerate their growth and success.”
About Mobiquity TechnologiesMobiquity
Technologies, Inc. is a next generation, Platform-as-a-Service
(PaaS) company for data and advertising. The Company maintains one
of the largest audience databases available to advertisers and
marketers through its data services division. Mobiquity
Technologies’ Advangelists subsidiary (www.advangelists.com)
provides programmatic advertising technologies and insights on
consumer behavior. For more information, please
visit: https://mobiquitytechnologies.com
About GroveTokenGroveToken is a decentralized
and secure green token underpinned by foundational values of
transparency, security and environmental sustainability. GroveToken
offers green conscious investors an ethical crypto alternative that
balances financial growth with environmental and social causes to
create a healthier, wealthier future. GroveToken is built on the
BSC smart chain network which is proving to be one of the fastest
growing blockchain ecosystems with low fees and less electronic
wastage compared to alternatives. For more information, please
visit http://grovetoken.com
Safe Harbor StatementThis press release
contains forward-looking statements. These statements are made
under the "safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. Statements that are not historical
facts, including statements about the Company's beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties, and a number
of factors could cause actual results to differ materially from
those contained in any forward-looking statement. In some cases,
forward-looking statements can be identified by words or phrases
such as "may", "will," "expect," "anticipate," "target," "aim,"
"estimate," "intend," "plan," "believe," "potential," "continue,"
"is/are likely to" or other similar expressions. Further
information regarding these and other risks, uncertainties or
factors is included in the Company's filings with the SEC. All
information provided in this press release is as of the date of
this press release, and the Company does not undertake any duty to
update such information, except as required under applicable
law.
Mobiquity Technologies, Inc. Investor
Relations:
Columbia Marketing GroupEmail:
john@TheColumbiaMarketingGroup.comPhone: 646-736-1900
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