SAN FRANCISCO, CALIFORNIA--(Marketwire - Sep 24, 2012) - Bitzio, Inc. ("Bitzio" or "the Company") (BTZO), a leading mobile media and app company, is on a US road show hitting major cities to share the Company''s media licensing strategy as well as present at targeted investor conferences. Bitzio recently attended the Gateway Conference in San Francisco and presented at the National Investment Banking Association Conference in New York. The Bitzio team is continuing on to Chicago for key investor meetings and is pleased to present to an invitation only event at LD Micro in Los Angeles in early October.
While in New York, Bitzio was well received by financial media and interviewed by Wall Street veteran reporter Ray Dirks, who ran a story about the Company''s recent NFL Players Association (NFLPA) licensing announcement and its targeted app development for sports and entertainment properties. Additionally, popular online financial outlet, Corporate Profile, interviewed new Bitzio CEO, Peter Henricsson at their studio, breaking down the Bitzio app development strategy. The full interview can be viewed here.
"We have been extremely focused on building a strong foundation for the company and executing on the steps we said we would take to build our licensing portfolio," commented Peter Henricsson, President & CEO of Bitzio, Inc.
"Now it is time to tell that story to the investment community. We have completed every single thing we said we would do, including securing a major vertical within the NFLPA. Our story is better than ever and we are making a concerted effort to meet with the right players in the investment world to share our story. In every instance, once we sit down and share what we have done, people instantly engage and understand the value of what we are doing. We know how to secure media licenses, we know how to build great apps and we know exactly how to market and monetize them. That value needs to be conveyed to the financial community and we are committed to building it," continued Henricsson.
The Company''s recent developments include a media licensing agreement with the NFLPA, the sale of its info-products divisions including its app developer training series, The App Code, a round of financing and changes to the executive team including the addition of Peter Henricsson as the new President & CEO of Bitzio.
About Bitzio, Inc.
Founded in 2011, Bitzio is a leading mobile media and app development company focused on connecting fans of large entertainment and sports properties with the players, celebrities and teams they love. Powering these apps is the Bitzio Engine, which captures valuable user data and drives increased user monetization. What makes Bitzio really different is its approach to capturing users. Most app companies build first and hope the audience will come. Bitzio licenses media rights of sports and entertainment properties with millions of existing fans. Bitzio uses these rights to create mobile apps and web experiences for these existing fan bases. The company aims to be responsible for the download of 1 Billion apps by 2014. For more information, visit www.bitzio.com. To learn more about Bitzio, connect on Twitter and Facebook.
Forward Looking Statements
This news release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities laws, including statements relating to expectations the 2012 fiscal year; The terms and phrases "goal", "commitment", "guidance", "expects", "would", "will", "continuing", "drive", "believes", "indicate", "look forward", "grow", "outlook", "forecasts", and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by Bitzio in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that Bitzio believes are appropriate in the circumstances, including but not limited to general economic conditions, Bitzio''s expectations regarding its business, strategy and prospects, and Bitzio''s confidence in the cash flow generation of its business. Many factors could cause Bitzio''s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including, without limitation: risks related to competition; Bitzio''s reliance on key personnel; Bitzio''s ability to maintain and enhance its brand; and difficulties in forecasting Bitzio''s financial results, particularly over longer periods given the rapid technological changes, competition and short product life cycles that characterize the mobile application industry. These risk factors and others relating to Bitzio that may cause actual results to differ are set forth Bitzio''s periodic filings with the U.S. Securities and Exchange Commission (copies of which filings may be obtained at www.sedar.com or www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on Bitzio''s forward-looking statements. Bitzio has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.