MobiCard Inc. advances technology development with the 3rd payment to Think Latitude Inc. and is excited to soon enter the new platform testing stage
CAMBRIDGE, MA -- May 7, 2019 -- InvestorsHub NewsWire -- Peer To Peer Network aka MobiCard Inc. (MobiCard) (OTC: PTOP) announces the 3rd payment to Think Latitude Inc. and is excited to soon enter the new platform testing stage.
Think Latitude’s development team has been working on the final phase of wireframing and design on both the mobile applications (iOS and Android) and the web application. While Think Latitude is making a transition into full stack development, the amount of client interaction has increased as feature considerations are being made. The transition to bi-weekly meetings has been mutually beneficial to facilitate the development phase. Josh Sodaitis, CEO of MobiCard Inc, illustrates “Conversations with Andy and Misha have been the biggest value to the company, as it has a direct effect on the fundamental core business products development. Their input, combined with my vision, will create the best digital business card application in the market, in my opinion. The accelerated schedule of multiple meetings allows us to more than double our productivity”. Throughout the meetings with Josh Sodaitis, Think Latitude has demonstrated the code sprint progress by screensharing the web application and mobile application compiled and running off a demo server. “The code sprint demos allow us to have interactive discussions which lead to the development of Josh’s vision for the new MobiCard. Our development team needs to thoroughly evaluate several critical components of the features in order to implement this intricate platform” explains Andy Sajnani, CEO of Think Latitude Inc. Some of the main functionality that is available through the mobile and web applications include multiple card creations, template and color selection, subscription packages, sign-ups for individuals not affiliated with any business, employees of small businesses, and employees of organizations, and viewing analytics of card shares, views, third- party shares.
The third payment, according to the SOW, for $31,666 is now completed and puts MobiCard another step closer to the launch of their new platform. The new platform will be instrumental to completing the strategic objectives put forth by CEO Joshua Sodaitis. It follows through on the use of proceeds as described in the settlement agreement with Code2Action and is the key fundamental to the company's long-term value and success. The rapid progression is right in line with the aggressive schedule set forth by Mr. Sodaitis's objective completion schedule.
"Connor Boyd, a MobiCard independent contractor, has worked diligently along side me on design and layout for a new logo, and reimaging of the new and improved MobiCard branding that we will be debuting soon. Besides investor relations, Connor has been an integral part of my team since the beginning of my role as CEO. He is an irreplaceable asset that will aid us in further product development and potentially new product lines aside from his investor relations duties. The addition of Connor's new role will help us through the testing phase with Think Latitude and allow for multiple reviews of the development in order to maximize MobiCard's new platform's success." CEO Josh Sodaitis elaborated.
With the full stack development transition, the releases are building upon features and becoming more stable. Once the releases become stable enough for client acceptance testing, Mobicard has agreed to enter into a leasing contract with Think Latitude to setup a client test.
Peer To Peer Network aka MobiCard Inc. owns and markets its core technology, a SaaS mobile solution branded C2A MobiCard, a scalable mobile business card software platform that enables users to create a customized web-based personalized mobile app that is sharable by text SMS, email, digital and social media. Subscribers are able to track when the card opens, views and shares all while validating and analyzing new leads and referrals in real time, thereby knowing who and when to follow up www.freemobicard.com
Safe Harbor Statement:
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company invokes the protections of the Private Securities Litigation Reform Act of 1995. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategies, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our prior filings at www.sec.gov. The company is no longer a fully reporting SEC filing company. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Joshua Sodaitis, CEO
45 Prospect Street Cambridge, MA 02139