DELRAY BEACH, FL--(Marketwired - Sep 5, 2014) - Protext Mobility (OTC Pink: TXTM) (
"With the end of the summer, comes back to school for millions of children across the country and getting our kids to and from school safely is the number one priority of parents. The dangers of distracted driving continue to be in the national spotlight as this epidemic continues to grow faster than technology can curb the problem. As such, we continue to see strong interest in DriveAlert from multiple market sectors and significantly in the auto dealer industry," noted Steve Berman, CEO of Protext Mobility. "We are very pleased to report that the Company continues to expand its point of sale distribution through the auto-dealership market. Currently, we are engaged in many ongoing contractual negotiations with new dealers around the country, several of which are with very large dealer groups representing dozens of auto-dealers, as well hundreds of independent cell phone stores."
Mr. Berman concluded his comments by saying, "We have designed a business model that is scalable. Our solution offers dealerships and independent cell phone stores a highly profitable after-market add-on that addresses the distracted driving epidemic and allows them to incorporate Protext's product at the point of purchase. DriveAlert is not only great for business but also important for the community to help keep our roads safe from the dangers associated with distracted driving."
About Protext Mobility, Inc.
Protext Mobility (OTC Pink: TXTM) (
Disclaimer: The press release may include certain statements that are not descriptions of historical facts but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are identified by words such as "may," "expects," "believes," "anticipates," "intends," "projects," or similar terms, variations of such terms or the negative of such terms and include statements regarding the potential impact of our new Drive Alert solution and the market opportunity for our new Drive Alert solution. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein including the inability of our new Drive Alert solution to have the desired impact on the reduction of driving injuries. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectation and actual results may vary (perhaps materially) from certain of the results anticipated herein. The Company has no obligation to update these forward-looking statements.