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MobiCard Announces Beta Test is Completed!

Newsfile Corp.
·6 mins read

MobiCard is proud to announce its enterprise apps are going live!

Cambridge, Massachusetts--(Newsfile Corp. - September 9, 2020) - MobiCard Inc. a.k.a Peer To Peer Network (OTC PINK: PTOP) paid its app developer Think Latitude a $20,808 USD installment on September 2nd, 2020 to cover four critical areas: 1) The last payment for the completion of MobiCard 1.0 applications 2) The amendment to develop the Apple authentication module. 3) The transition from beta to enterprise for the mobile applications, and 4) the first month of the bug support contract in September.

"Over the last year and a half, I have had the pleasure of not only working with Josh but learning about his values. Josh has constantly conveyed his duty towards his shareholders. Accordingly, I have stressed the need to get this application developed with proper coding standards. When the Apple audits came in and we were told to update libraries and address flagged issues, I could only see one way our organization could handle these matters, and that was to rebuild our app with full compliance of the Apple audit measures. Our transparency with Apple has led to an expedited approval ahead of the anticipated schedule. Josh, Misha and I are all very passionate people, and I am confident you will see the collaboration of our diligent efforts to bring a top shelf product to the market" expresses Andy Sajnani, CEO of Think Latitude.

"MobiCard is an extremely unique opportunity for individuals to network in this uncertain time. It allows people from all across the world to share their contact information within their existing networks and provides an outlet to develop new businesses and sides hustles to thrive." adds Misha Shah, COO of Think Latitude.

Several MobiCard users have noticed that their previous accounts have been deleted. This was intentional to transition from beta to the enterprise release of the MobiCard applications. Think Latitude has been working on this transition during this past week, where they removed all of the 'beta' references in the applications, the payment mode was transitioned from test to live mode, and accounts were deleted in order to allow actual users to use the applications moving forward. This transition comes with a plethora of changes, which allow the application to be utilized in real world situations without any restrictions. Some of the changes include better support, where chat operation will now be live on www.freemobicard.com, no cap on text messages received, faster response time due to a new server implementation, and no restrictions on address lookups. At this time, organizations can now join MobiCard and use an organizational portal to manage their entire organization by creating a card for every employee in a simple administrator portal with a spread sheet. Additionally, organizations may contact MobiCard to add their advertisement into the application. This will allow MobiCard to capitalize on two different revenue streams for the applications.

"Over the last year and a half, our team has worked diligently to deliver a quality application into the public market. Accordingly, I have stressed the need to get this application developed with proper coding standards. With full compliance of the current audit measures, we are proud to launch these enterprise-ready apps to the users. Josh and I are both deeply passionate people, and I am confident you will see the collaboration of our meticulous efforts to bring an elite product to the market.

This extensible platform will not only be a major technological advancement in an already antiquated industry but also allows us to incorporate cutting-edge innovations for years to come. I look forward to continued work with MobiCard as the platform evolves" expresses Andy Sajnani, CEO of Think Latitude.

Moving ahead, MobiCard plans to go through a week or two of this transition phase and will announce a "soft launch" approach while we work on our financials. MobiCard plans to use the feedback from this new enterprise app from both companies and individuals user feedback to engage in talks with Think Latitude in order to plan for the next phase. This phase will include new features that users have suggested during the beta test along with features highly recommended by MobiCard and Think Latitude's business development team.

"My plan is to get the financials completed while in this "soft launch phase" we need to have the funding to complete this objective, but we are getting close. Now that every user that signs up is a user in our database I recommend sharing your card with anybody, and everybody. Every single shareholder should create a MobiCard. Every account we get, will build our user-base and add value to the company. As our user-base grows we will be able to monetize the apps to draw revenue. Obviously, the more users we have the more revenue we will be able to achieve from just the advertising side of the applications. So, it's all about adding users at this time. The company is open to any relationships for anyone who would like to help us get enterprise (company) accounts and is open to white label deals as well.

Share your card with everyone, on every social media platform and encourage as many of your friends, family members, and co-workers to sign up as possible! I also recommend you share your MobiCard on every social media site you have a few times a week. The more people that learn about Mobicard the more people will sign up and start using MobiCard. This is now by far the BEST product in its space on the market. Let people know." states Josh Sodaitis CEO of MobiCard.

"Upon wrapping up Phase 1.0 of MobiCard, I have seen tremendous potential growth and usability in the world of startups and networking. In these unique times, it is extremely important to digitize your brand and have unlimited ways to share your contact information. I expect our partnership will strengthen into the next phase by transcending business and marketing strategies to become the premiere and exclusive mobile business card on the market with real-time analytics concluded Misha Shah, COO of Think Latitude.

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. The Company invokes the protections of the Private Securities Litigation Reform Act of 1995. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategies, 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 to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our prior filings at www.sec.gov. The company is no longer a fully reporting SEC filing company. 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.

Joshua Sodaitis, Chairman & CEO

MobiCard, Inc.

45 Prospect Street Cambridge, MA 02139

Phone: 1-617-651-2460 OR 1-617-481-1971

Email: info@freemobicard.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/63471