TORONTO, ONTARIO - Mobile Integrated Systems, Inc. (MIBI), (MIBI), a premier diversified technology company, today announced the signing of a teaming agreement with PC Quote Canada Inc. to jointly market the Company's patented Stealth Analytics trading platform nationwide to PC Quote Canada's extensive client base. Within the framework of the agreement Mobile Integrated Systems Inc. and PC Quote Canada Inc. plan to collaborate to provide the Stealth Analytics market visualization instrument to enable traders to amplify their intuition to make swift, consistent and confident trades.
"Mobile Integrated Systems and its Stealth trading platform are an ideal fit for us, as it provides the fast, consistent and accurate trading performance that our clients have come to expect from our solutions," said Bob Zawiski, President of PC Quote Canada Inc. "We look forward to working closely with our partners to ensure that the market quickly embraces the Stealth Analytics trading platform."
Commenting on this partnership, Abbas A. Damji, President and Chief Executive Officer, Mobile Integrated Systems, Inc., said, "We are delighted to have PC Quote Canada represent our Company nationwide. We have been very impressed with the relationships that the PC Quote Canada management team has within the marketplace and are honoured to partner with a company of such rich history."
This partnership ensures that the Stealth trading platform and associated suite of products is available to all traders worldwide.
About PC Quote Canada Inc.
Founded in 1994, PC Quote Canada Inc. provides market data to financial professionals and active traders. The Company's focus is providing the data and tools which are critical to Canadian investors.
PC Quote Canada delivers premium desktop, wireless and custom market data applications to the Canadian brokerage and investment community. With aggressive pricing, and a commitment to first class product delivery and customer support, PC Quote Canada is an attractive market-data alternative. In a changing landscape, PC Quote Canada values the opportunity to provide competitive Canada market data products.
About Mobile Integrated Systems Inc.
Mobile Integrated Systems, Inc. is a diversified technology company that creates innovative software applications and smart technologies for the gaming industry, financial services industry and other broader industries around the world.
Mobile Integrated Systems, Inc., through its Stealth branded products, is engaged in the business of researching, developing and maintaining proprietary algorithmic securities trading systems. Furthermore, the Company through its MOBI branded products develops software and interactive games for use by charitable organizations and government regulated lotteries.
This press release may contain forward-looking statements (including without limitation the quotations from our Chairman and management) concerning Mobile Integrated Systems, Inc. future management, strategic plans, growth opportunities and performance. Risks and uncertainties may cause actual results to differ materially from the results predicted. The potential risks and uncertainties include, among others, the impact of management and organizational changes; the implementation and results of any strategic plans as well as Mobile Integrated Systems, Inc. ongoing strategic and cost initiatives; Mobile Integrated Systems, Inc. ability to compete with new or existing competitors; acceptance by users of new products and services; risks related to joint ventures and the integration of acquisitions; failure to manage growth and diversification; Mobile Integrated Systems, Inc. ability to protect its intellectual property and the value of its brands; dependence on key personnel; general economic conditions and changes in economic conditions. All information set forth in this press release and its attachments is as of May 21, 2013. Mobile Integrated Systems, Inc. does not intend, and undertakes no duty, to update this information to reflect subsequent events or circumstances. More information about potential factors that could affect Mobile Integrated Systems, Inc. business and financial results is included under the captions "Risk Factors" and "Management's Discussion and Analysis" in Mobile Integrated Systems, Inc. Annual Report on Form 10-K for the fiscal year ended May 31, 2012, and the Quarterly Report on Form 10-Q for the quarter ended February 28, 2013, which are on file with the Securities and Exchange Commission ("SEC") and available at the SEC's website at www.sec.gov.
Mobile Integrated Systems, Inc.
25 Adelaide Street East, Suite 502
Toronto Ontario M5C 3A1
SOURCE: Mobile Integrated Systems Inc.