MOBI724 Signs a New Commercial Agreement With a Business Partner With Operations in Multiple Countries
March 15 2019 - 8:53AM
MOBI724 Global Solutions Inc. (“MOBI724” or the
“Company”) (TSX-V: MOS) (OTCQB: MOBIF), a global Fintech company,
offering a fully integrated suite of multiple Card-linked Offers
and Rewards (“CLO&R”), Digital Marketing and Business
Intelligence (“DMBI”) and Payment Solutions (“Payment”) announces,
that its wholly owned subsidiary, Mobi724 Smart Transactions Inc.,
has signed a new commercial agreement (the “Agreement”)
with a business partner with operations in multiple
countries
. In compliance with the terms of the
Agreement, MOBI724 is precluded from disclosing the identity of the
contracting party as well as the details of the Agreement.
The objective sought by the Agreement
is to accelerate deployment of MOBI724’s solutions in
several countries. Through its collaboration with the business
partner, MOBI724 will offer CLO&R solutions to payment card
users in the countries where the business partner operates thereby
allowing MOBI724 to reduce time to market and commercialize its
solutions.
Marcel Vienneau, the CEO of MOBI724, said: “Our
core business strategy is to expand our operations globally by
leveraging our portfolio of cutting-edge solutions. This new
agreement supports the success of such an approach.”
About Mobi724 Global Solutions
Inc.
"We enable smart transactions anywhere"
MOBI724, a global Fintech company, offers a
fully integrated suite of multiple Card-Linked Offers and Rewards,
Digital Marketing and Business Intelligence and Payment Solutions
(including a mobile EMV compliant payment platform), which work
with any payment card, on any mobile device and at any Point of
Sale. MOBI724 provides turnkey 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 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.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. 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. Marcel Vienneau MOBI724 Global Solutions
Inc. Chief Executive Officer T: 514-394-5200; E: IR@mobi724.com
Mr. George AizpuruaVice-President,
CommunicationsFirst Canadian Capital Corp.T:
647-500-2389/416-742-5600; E:
gaizpurua@firstcanadiancapital.com
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