PHOENIX, AZ--(Marketwired - Apr 1, 2014) - Singlepoint, Inc. (
As WNTR announced last week, it has acquired state-of-the-art technology company, I-Texts, Inc., who recently signed an agreement with a global services company to expand its strong and growing platform. As announced, I-Texts has more than 300 charities and 400 independent representatives in its database, and is market-ready to accept advertising business to reach its loyal supporters with beneficial offers and opportunities.
As Worldwide Internet's payment solutions partner, SinglePoint and its dynamic mobile donations platform will be promptly introduced to I-Texts for access to the 300+ charities toward mutual benefit and additional revenue streams for SinglePoint™.
Opt-in codes have been implemented for the strategic partnership, and can be accessed by texting ITEXT to 37284. Shareholders are welcome to opt-in for discounts, news and more.
"As we continue to harvest contracts and partnerships in the emerging medical marijuana segment for Pay-By-Text™, we are successfully expanding existing platforms well within our existing business lines," states SinglePoint™ CEO, Greg Lambrecht.
"The recent agreement with Worldwide Internet has effected a tremendous opportunity for our Mobile Donations platform, and we expect the relationship to be a key factor in overall brand expansion and increase in shareholder value."
Mobile Donations is a multi-billion dollar market. As reported by Forbes in a piece on the rise of mobile marketing, "New technologies and payment systems have made it possible for nonprofits to benefit from micro donations that had previously been too costly to process. In fact, in 2012 micro donations outpaced their macro counterparts. According to PayPal data, the average donation size globally decreased by $0.71 last year, while the number of global donations to nonprofits increased by 20 percent -- a change illustrative of the fact that even as macroeconomic factors continue to place downward pressure on the ability of people to give, the importance of being able to process micro donations is growing."
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
About I-Texts, Inc.
I-Texts (www.i-texts.com) has developed a state of the art software platform to address all critical needs, such as: business management, information management, compliance and risk mitigation. In addition to the software platform is the latest in security programming to ensure our clients' information is 100% secure including dedicated servers and a state of the art back-up system.
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.