PLEASANT HILL, CA, April 22, 2019 (GLOBE NEWSWIRE) -- Textmunication Holdings, Inc. (TXHD) (“Company”), a cloud-based communication technology holding company, announced today an update to shareholders regarding the progress of its strategic growth plan and technology initiatives.
Wais Asefi, Chief Executive Officer of Textmunication, stated, “Textmunication leads by innovation and collaboration with our partners, and we are finalizing some exciting announcements pertaining to new mobile technologies, new international markets and upcoming technology partnerships in multiple verticals. We are exploring technologies outside of the fitness market that will lead to increased revenue opportunities and increased shareholder value”.
The Company recently opened the UK market for its mobile marketing service and has plans to move into Australia, New Zealand and Saudi Arabia. The testing of Rich Communication Services (RCS) is underway for selected fitness clubs and Quick Service Restaurants (QSR) with its partner, OpenMarket. The full implementation for RCS is expected in the next several months improving customer communications with richer, smarter, more app-like experience all within the SMS box. New software functionality has been added to the Smart Messaging platform, such as a scratcher feature allowing members to “scratch” the text to receive discounts and mobile offers.
The Company currently derives its core revenue from eight (8) white label and full service partnerships with industry leading Club Management Software (CMS) companies. A new software app will be launched in May providing health club members the ability to earn money for burning calories. The app will be integrated into wearable technology and smartphones. An announcement will be made prior to the release.
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About Textmunication Holdings, Inc.
Based in Silicon Valley, Textmunication Inc. is a leading mobile marketing solutions provider to more than a thousand clients across North America. An early adopter of next-generation text message protocol Rich Communication Services (RCS), the Company currently leverages its proprietary SMS software platform to deliver robust APIs and integrated solutions to a diverse range of end users including health and fitness facilities, beauty salons, sporting events, hospitality organizations, entertainment and digital marketing firms. Committed to ongoing innovation, Textmunication was recognized by CIO Review Magazine as one of the “Top 20 Most Promising Digital Marketing Solution Providers” of 2018. For more information: www.textmunication.com
Safe Harbor Provision:
Except for the statements of historical fact contained herein, the information presented in this news release constitutes “forward-looking statements” made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect Textmunication Holdings’ current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in Textmunication Holdings’ filings with the Securities and Exchange Commission. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and any document referred to in this press release.
Wais Asefi, CEO
Textmunication Holdings, Inc.