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DubLi, Inc. Launches Cashback Travel Portal

BOCA RATON, FL--(Marketwired - Apr 5, 2013) -  DubLi, Inc. ( PINKSHEETS : DUBL ), a global marketing company that provides consumers around the world with a variety of innovative online shopping and entertainment opportunities, today announced that it has launched a Cashback Travel Portal, DubLi Travel. The Company also announced today that it has named Bicky Carlra Executive Director - DubLi Travel.

DubLi Travel is initially launching with three travel partners, Priceline, Booking.com and agoda. All registered members of DubLi will earn Cashback on each of their travel-related purchases. The partnership with Priceline includes discounts on hotels, flights rental cars, vacations and cruises. Booking.com offers savings on hotels in destinations worldwide and the ability to browse hotel reviews while finding the guaranteed best prices on hotels within all budgets. Primarily in the Asia Pacific region, agoda is currently the top online provider of hotel reservation services.

Michael Hansen, President and Chief Executive Officer of DubLi, stated, "Our vision for DubLi Travel is to be the most popular and competitive travel portal, where people can find any travel product or service they might want to buy online, from a chosen top travel supplier partner and earn Cashback on every purchase. Our strategy for DubLi Travel includes partnering with the most reliable travel brands, provide the most compelling offers and to deliver the highest Cashback in the travel industry. Going forward, we intend to offer negotiated deals for our VIP members and Business Associates while simultaneously developing an exclusive range of 'value added services.' Furthermore, our longer-term plans will integrate worldwide Lifestyle products and services that include access to international sports events, airport lounge access pass, FREE world, prepaid-SIM card, golf tee card, concierge services, vacation services and travel tracking."

The Company also announced today that it has named Bicky Carlra Executive Director - DubLi Travel. Mr. Carlra joins DubLi following a 30 year career in the travel industry where he specialized in the Asia Pacific and Middle East Regions. Throughout his career, he has been involved in all areas of the travel industry including strategy, new business launches, development, management consulting, marketing and revenue analysis, mergers and acquisitions and start-ups within APAC & ME Regions. He will be responsible for growing and developing DubLi's travel portal, focused primarily on serving DubLi's global customers on a local level around the world and bringing them a full portfolio of travel services. Mr. Carlra is the Founder and Group President of TraVision. Since its' founding in 2007, TraVision has launched several innovative online products and services including eTravelGalaxy, TravPerks, eTravelAcademy and projects involving strategy and development of niche online businesses for travel clients based on technology platforms. Earlier in his career, he spent four years as Managing Director and Senior Vice President-APAC & ME of TQ3 Travel Solutions, a TUI Germany owned Global Travel Management Company. From 1985-2002, Mr. Carlra held multiple positions within the Emirates Group, starting his career with the airline a few weeks following its launch and later holding several management positions within the Travel Agency side of the business. He has led the development of several divisions on a regional level for a variety of companies including Business Travel, Event Marketing, Customer Loyalty and Marketing. A native of India, Mr. Carlra received graduated in Business Administration and Management from Delhi University. He is a published Author of the first book on Travel Management in Asia Pacific -- At Face Value -- and has the distinction of having spoken at several high profile Travel Conferences on all 5 continents over the last decade.

Mr. Hansen continued, "When deciding to enter the travel sector, it was essential to find a senior executive with a defined background and a precise skill set and expertise. Bicky is the only candidate who met our criteria. His successful history in various disciplines within the travel business, coupled with his unparalleled industry relationships, his consultative and negotiating approach and his many years of focusing on cultural differences as they related to travel, make him the ideal fit to lead DubLi's travel portal." 

About DubLi, Inc.:

DubLi, Inc. ( PINKSHEETS : DUBL ) (formerly MediaNet Group Technologies, Inc.), through its wholly-owned subsidiaries under the DubLi brand, addresses consumer needs both online and offline through innovative engagement models, as well as virtual shopping experiences. Through its DubLi.com website, the company also creates tremendous opportunities by helping entrepreneurs both large and small create micro-distributor organizations by joining Dublinetwork.com. DubLi's main focus is to provide consumers around the world with a great online value for their shopping and entertainment opportunities. The foundation of DubLi was built upon an innovative business concept, a global presence and a consumer-centric business model that seeks to capitalize on global economic trends and changing consumer behaviors. The central hub of the DubLi, Inc. universe is DubLi.com, a comprehensive online shopping and entertainment community. DubLi Network is the sales and marketing engine for DubLi.com that is driven by a marketing network of Business Associates who use word-of-mouth advertising, the most effective form of direct selling, to sell a variety of memberships and packages that generate traffic to DubLi.com. DubLi Partner offers a white-label version of its DubLi.com platform giving participating organizations a professional, reliable web presence while providing access to DubLi's global online shopping and entertainment community. BSP Rewards, also known as DubLi Shopping, is responsible for the management and operations of DubLi's Shopping Mall platforms around the world. DubLi is emerging as a leading provider of innovative shopping and entertainment solutions to consumers in over 100 countries.

Additional information about the Company is available in its filing with the Securities and Exchange Commission at www.sec.gov.

Except for historical matters contained herein, statements made in this press release are forward-looking. Without limiting the generality of the foregoing, words such as "may," "will," "to," "plan," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," or "continue" or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements.

Investors and others are cautioned that a variety of factors, including certain risks, may affect our business and cause actual results to differ materially from those set forth in the forward-looking statements. These risk factors include, without limitation, the risk of (i) an inability to establish and/or maintain a large, growing base of productive business associates; (ii) an inability to develop and/or maintain brand awareness for our products and services; (iii) a failure to adapt to technological change; (iv) a failure to comply with governmental laws and regulations applicable to our business; and (v) a failure to maintain our internal controls. The Company is also subject to the risks and uncertainties described in its filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended September 30, 2011.