SinglePoint, Inc. Teams With Motivity Labs in Joint Venture on Mobile App Development for Cannabis Industry and Beyond
February 27 2014 - 9:10AM
Marketwired
SinglePoint, Inc. Teams With Motivity Labs in Joint Venture on
Mobile App Development for Cannabis Industry and Beyond
PHOENIX, AZ--(Marketwired - Feb 27, 2014) - SinglePoint, Inc.
(OTC: SING), a state-of-the-art mobile technology company and
full-service mobile marketing company, announces today a joint
venture with mobile application development company Motivity Labs,
a global expert in mobile app development and cloud computing.
Motivity's projects include development and testing efforts for
the largest software companies in the world, major wireless
operators, global mobile manufacturers and enterprise security
product companies. They have also built and tested mobile
applications for over 300 start-ups across the globe including
portfolio companies of the most prominent private equity and
venture capital firms in Silicon Valley.
The joint venture will enable both companies to expand upon
their mobile development initiatives. Motivity Labs will initially
focus on building out the application SinglePoint has designed for
use in the Legal Cannabis industry, eventually developing apps
across all SinglePoint mobile payment verticals including mobile
donations, mobile auctions and more.
"The joint venture with Motivity is very exciting for all
involved," states SinglePoint CEO Greg Lambrecht. "The new app
developments will give us the ability to offer multiple methods to
accept payments, and will be a huge value add to our current
customers as well as potential customers."
Mobile based transactions, including mobile payments "is going
to grow explosively in the next few years," states a BI
Intelligence report recently.
Motivity Labs and SinglePoint believe that working together will
produce amazing developments particularly realizing that the
combination of SinglePoint's merchant services and Pay by Text™
along with Motivity Labs specialized application development could
bring about the potential for direct competition with companies
such as Square and Inuit.
SinglePoint, Inc., headquartered in Phoenix, AZ, is a
state-of-the-art mobile technology company and full-service mobile
marketing agency. We operate a best-in-class mobile commerce and
communication platform specifically designed to serve the needs of
the non-profit community as well as for profit companies. We make
any campaign instantly interactive via the mobile phone. This
functionality allows our clients to conduct business transactions,
accept donations and engage in targeted communication campaigns
with their customers/donors through any mobile devices. Send more
messages, create more awareness, and raise revenues and
donations.
Motivity Labs is a mobile, cloud and big data insights solution
provider with a global presence in India and the US. Backed by Naya
Ventures, a Venture Capital firm focusing in mobile and cloud, we
work with Fortune 500 companies across multiple industries as well
as innovative product companies in the mobile and cloud computing
areas. Our projects include development and testing efforts for the
largest software companies in the world, major wireless operators,
global mobile manufacturers and enterprise security product
companies. Our teams have also worked closely with large
enterprises as well as start-ups in helping them define and execute
on their mobile strategy
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Check out Greg Lambrecht on MoneyTV
About Singlepoint,
Inc. Headquartered in Phoenix, AZ, Singlepoint, Inc. is a
state-of-the-art mobile technology company and full-service mobile
marketing agency. We operate a best-in-class mobile commerce and
communication platform specifically designed to serve the needs of
the non-profit community as well as the for profit companies. We
make any campaign instantly interactive via the mobile phone. This
functionality allows our clients to conduct business transactions,
accept donations and engage in targeted communication campaigns
with their customers/donors through any mobile devices. Send more
messages, create more awareness, and raise revenues and
donations.
For more information see www.singlepoint.com
Forward-Looking Statements Certain statements in this news
release may contain forward-looking information within the meaning
of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under
the Securities Exchange Act of 1934, and are subject to the safe
harbor created by those rules. All statements, other than
statements of fact, included in this release, including, without
limitation, statements regarding potential future plans and
objectives of the company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in
such statements. Technical complications, which may arise, could
prevent the prompt implementation of any strategically significant
plan(s) outlined above. The Company undertakes no duty to revise or
update any forward- looking statements to reflect events or
circumstances after the date of this release.
Contact: Greg Lambrecht 602-481-1544
www.singlepoint.com
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