HipCricket expands to Latin America
March 18 2009 - 10:36AM
RNS Non-Regulatory
TIDMHIP
HipCricket, Inc.
18 March 2009
?
HipCricket Inc.
("HipCricket" or the "Company", AIM: HIP)
HipCricket Expands To Latin America
Backed by Prominent Investors, HipCricket de Mexico Brings
Comprehensive Mobile Marketing Solutions to Mexico
HipCricket, named the "early leader" in the United States in mobile marketing,
is expanding internationally beginning with a strategic partnership in Mexico
that has brought the first comprehensive mobile marketing solutions to that
country's mobile operators, broadcast stations and brands.
HipCricket is teaming with prominent Mexican investors Pablo Peralta and Enrique
Lopez-Negrete, accomplished executives in the Mexican telecommunications and
media sectors for more than 10 years.
HipCricket de Mexico will produce measurable, ROI-driven programs for entities
seeking to reach Mexican consumers. There were nearly 78 million mobile
subscribers in Mexico, according to statistics provided by the mobile operators.
According to the latest Attitude and Usage study from the Mobile Marketing
Association, many Mexicans regularly send text messages and are open and eager
to receive offers and information from brands and other groups. In fact, 70% are
either highly or moderately interested in mobile marketing.
Additionally:
* 67% text on a daily or weekly basis
* 34% are highly interested in receiving alerts for special sales, etc.
* 30% are highly interested in receiving information about new products or
services
* 30% are highly interested in participating in text to win contests
* 29% are highly interested in receiving mobile coupons
* 30% are likely to opt-in
"This is a perfect match in many ways," said HipCricket CEO Ivan Braiker. "Our
partners are among the most respected and connected in Mexico and Latin America.
Plus, according to the Mobile Marketing Association, Mexican consumers spend
more than eight hours a week on their phones, nearly six hours watching
television and approximately five hours listening to the radio. Mexican
broadcasters will benefit from our unique offerings that will provide a
connection with consumers on their most personal devices."
"We intend to extend HipCricket's leadership by offering its unmatched proven
platform, deep experience and customer service to Mexican mobile operators,
brands and broadcasters," said Lopez Negrete who is serving as HipCricket de
Mexico CEO. "The timing is right given the Mexican consumer's mobile phone
interests and habits."
Looking beyond Mexico, HipCricket intends to expand into other Latin American
countries. Mobile penetration in Latin America is six times computer
penetration, according to the Mobile Marketing Association.
Statistics pertaining to Latin America are as impressive as those related to
Mexico:
* 68% use mobile phones
* 2 in 3 say the mobile phone is highly important in daily life
* 62% text on daily or weekly basis
* 60 texts are sent/received per person in a typical week
* 47% frequently text while listening to radio
HipCricket has a deep commitment to businesses marketing to Hispanic consumers.
In April 2008, HipCricket launched a comprehensive Hispanic Mobile Marketing
Network, the first of its kind in the United States. The network consists of a
family of Hispanic media properties that brand managers and agencies can
leverage with a single buy for targeted, interactive mobile campaigns to
Hispanic consumers in leading U.S. markets that include Los Angeles, Miami,
Chicago and New York, among others. HipCricket's U.S. Hispanic reach extends to
14 of the top 15 Hispanic markets and to more than nine million listeners and
viewers.
In September 2008, global analyst firm Frost & Sullivan said HipCricket "has
taken an early lead in the U.S. mobile marketing space." The firm named
HipCricket the winner of the 2008 Market Penetration Leadership Award.
Contact:
+--------------------------+-----------------+---------------------------------+
| HipCricket, Inc. | Jeff Hasen | + 1 425 202-0835 |
+--------------------------+-----------------+---------------------------------+
| Parkgreen Communications | Paul McManus | +44 (0)20 7933 8787 |
| Ltd | | +44 (0)7980 541 893 |
| | | paul.mcmanus@parkgreenmedia.com |
+--------------------------+-----------------+---------------------------------+
About HipCricket
HipCricket, Inc. drives new revenue and customer loyalty for broadcast stations
and consumer brands through strategic, creative and measurable mobile marketing
interactivity. Recognized as a pioneer by CTIA, the preeminent wireless
association, the mobile marketing software and solutions company has delivered
more than 33,000 successful campaigns for customers including Clear Channel
Radio, Premiere Radio Networks, Sandusky Broadcasting, NBC, Coca Cola, Staples,
Hershey's and Jameson. With its unique technology and experienced,
customer-focused team, HipCricket produces interactive campaigns through SMS,
Mobile Web/WAP, and mobile advertising and now connects brands with audiences
they desire to reach via broadcast stations that are part of the first
comprehensive Hispanic Mobile Marketing Network. The company is based near
Seattle with additional operations in New York and Mexico City. More information
can be found at www.hipcricket.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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