Spindle Announces Strategic Partnership With AllCom

SCOTTSDALE, AZ--(Marketwired - May 15, 2014) - Spindle, Inc., (OTCQB: SPDL), a leading provider of mobile commerce solutions, announced it has signed a distribution agreement with AllCom, a provider of business communications services in more than four thousand cities across the US. As part of the agreement, AllCom will integrate with Spindle's PSP (payment service provider) platform featuring its rapid onboarding system, allowing AllCom to offer payment processing services to its clients. Spindle will resell AllCom's Universal Office suite of business communications services to its customers, including AllCom's Genie toll-free voice authorization technology, PhonePlusPlus Universal Telephone Numbers, prepaid cards, and international dialing solutions.

"We're excited to partner with AllCom, and provide a comprehensive payment processing and business communications solution to our respective customers," said Bill Clark, Spindle's chief executive officer. "AllCom engages thousands of small businesses around the country. This relationship gives us a tremendous opportunity to expand our client base by delivering a broad portfolio of services that are relevant to businesses of all types and sizes."

Based in Las Vegas, AllCom provides enhanced telecommunications and financial services to customers in 29 states. The company's portfolio includes solutions in unified communications, electronic banking, ecommerce and Internet connectivity. AllCom's services can be leveraged through desktop phones, wireless devices, the Internet, VoIP networks, ATMs and fax machines.

About Spindle, Inc.
Spindle is an innovator of mobile commerce solutions for financial services providers and consumer-facing merchants of all sizes. Spindle is focused on pioneering new ways for businesses to rapidly integrate mobile payments acceptance and mobile marketing services while empowering location-based merchant discovery, fulfillment and frictionless mobile payments for consumers. Spindle is dedicated to expanding beyond traditional electronic payment boundaries by offering cutting-edge solutions that allow clients, partners, merchants and consumers to take full advantage of the rapidly emerging mobile economy. Spindle has an extensive proprietary intellectual property portfolio -- which include patents pending -- that encompass networks, mobile payments, and security. For more information, visit www.spindle.com.

About AllCom
AllCom, a Nevada corporation, was created to integrate telecommunications, electronic banking and Internet services into one seamless global service. AllCom embarked on a mission to design and fully develop a proprietary technology, both hardware and software, which integrates three powerful technologies; Telecommunications, the world's most universal and interactive communication medium; Electronic Banking, the key to electronic commerce; and the Internet, the world's most powerful information medium. The Universal Office, AllCom's proprietary soft switch, runs on GenieNet, an international private voice-over-IP network. AllCom provides local coverage in most US markets and Local Public Access Numbers in about 5,000 cities and communities in 40 countries on five continents through the use of a touch-tone telephone or the Internet, no other equipment necessary. www.allcom.com

Forward-Looking Statements
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. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, 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, as described in our reports filed with the Securities and Exchange Commission which are available for review at www.sec.gov, to differ materially from anticipated results, performance, or achievements. 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.