MOBI724 Global Solutions Initiates Blockchain Capability through Partnership with DLT Labs
April 10 2018 - 8:00AM
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”)
(TSX-V:MOS) (OTCQB:MOBIF), a Fintech leader offering all-in-one,
fully integrated EMV payment, Card-Linked Offers, Digital Marketing
and Business Intelligence Solutions, announces that it has a signed
a multi-phase product development agreement with DLT Labs Inc.
(“DTL”) (dltlabs.io) to enable the integration of blockchain
technology within MOBI724’s product portfolio.
This multi-phase agreement encompasses all
MOBI724’ s products and will initially focus on the Company’s
digital marketing and loyalty program management platform, which is
particularly favorable for quick implementation of a closed loop
solution powered by blockchain for all customer transactional data,
and customer point data (Points Bank). Future phases of the
agreement will involve the integration of blockchain technology to
the rest of MOBI724’s growing product portfolio.
Chairman & CEO of DLT, Loudon Owen, said,
“DLT’s suite of products will enable MOBI724 to harness the power
of blockchain as it continues to deliver a leading portfolio of
loyalty and fintech products.”
With offices
in Canada, India and Japan, DLT is a global
leader in the development and implementation of Blockchain
solutions for enterprises. With the world's premier team of
distributed application designers and integrators, DLT has
extensive enterprise experience and expertise with all distributed
ledger/Blockchain technologies including Ethereum, Hyperledger's
Fabric, R3's Corda, JP Morgan's Quorum, and other leading
enterprise platforms. DLT's leading group of architects use
proprietary DNC Cluster Framework and Parent & Child Smart
Contract Architecture to design and deploy a suite of secure and
scalable Distributed Applications that provide enterprise solutions
for data and digital asset provenance storage, management and
exchange. DLT is an Authorized IBM Business Partner.
Marcel Vienneau, CEO of MOBI724, said, "One of
our goals is to extend MOBI724’s advanced technology into new core
applications. Having established itself as proven leader in the
rapidly evolving blockchain space, DLT’s experience and expertise,
coupled with our team’s proven knowledge of the loyalty space and
cardlink, will help accelerate the integration of blockchain
capabilities with distributed ledger technology within MOBI724’s
entire product portfolio.
About Mobi724 Global Solutions
Inc.
“We enable smart transactions anywhere”
MOBI724, a global Fintech company, offers a
fully integrated suite of multiple Payment Card-linked, Digital
Marketing and Business Intelligence Solutions, which work with any
payment card, on any mobile device and at any Point of Sale; and a
mobile EMV compliant payment platform. MOBI724 provides turn-key
solutions for card associations, card issuers, banks, retailers,
manufacturers, offer providers, to create, manage, deliver and
track and measure incentive campaigns worldwide in real time. The
company captures value from big data to deliver seamless and
personalized user experiences for the benefits of all parties in
the ecosystem. MOBI724 headquarters are in Montreal, Canada, and
the company presently has operations in North and Latin America,
the Caribbean and Asia Pacific.
Legal Disclaimer
Certain statements in this document, including
those which express management’s expectations or estimations with
regard to the Company’s future performance, constitute
“forward-looking statements” as understood by applicable securities
laws. Forward-looking statements are, of necessity, based on a
certain number of estimates and hypotheses; while management
considers these to be accurate at the time they are expressed, they
are inherently subject to significant uncertainties and risks on
the commercial, economic and competitive levels. We advise readers
that these forward-looking statements are subject to risks,
uncertainties, and other known and unknown factors that may cause
the actual results, performance or achievements of the Company to
be materially different from any future results, performance or
achievements expressed or implied in these forward-looking
statements. Investors are advised to not rely unduly on the
forward-looking statements. This advisory applies to all
forward-looking statements, whether expressed orally or in writing,
attributed to the Company or to any individual expressing them in
the name of the Company. Unless required by law, the Company is
under no obligation to publicly update these forward-looking
statements, whether to reflect new information, future events, or
other circumstances. The TSX Venture Exchange (TSXV) has not
reviewed this news release and does not accept responsibility for
its adequacy or accuracy. This news release does not constitute a
solicitation to buy or sell any securities in the United
States.
For further information, please visit www.MOBI724.com or
contact:
Investor Relations:
Mr. Andreas CurkovicProconsul Capital Ltd.T: 416-577-9927E:
andreascurkovic@sympatico.ca
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