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SimplePons Appoints New COO

In the news release issued today by SimplePons, Inc. over PR Newswire, we are advised by the company that the headline should read "SimplePons Appoints Former Controller as Its New COO" rather than "SimplePons Appoints New COO" as originally issued inadvertently. The complete, corrected release follows:

SimplePons Appoints Former Controller as Its New COO

DELRAY BEACH, Fla., Jan. 26, 2012 /PRNewswire/ -- (OTC BB:QPON) -- Today SimplePons announced the appointment of Wei-Ken Seto to the post of COO. Mr. Seto has significant experience assisting emerging companies manage their growth.  Mr. Seto's achievements demonstrate a record of strategic leadership and accomplishment.

Prior to joining SimplePons, Mr. Seto was Director of Financial Planning and Analysis and Corporate Controller for Lumasense Technologies. From March 2002 to December 2007 Mr. Seto was employed by, where he served as Corporate Controller and Director of Treasury.  During his tenure at Mr. Seto helped oversee sales growth from $12mm to $800mm. Prior to that, Mr. Seto worked as an Audit Manager at Ernst & Young LLP and was employed at their Singapore and San Francisco, CA offices from 1996 to 2002. Mr. Seto is a CPA in the State of California, and he received a Bachelors of Accountancy from Nanyang Technological University in Singapore.  For additional information please see our report on Form 8K.

About SimplePonsSimplePons, Inc., offers a unique renewable membership via mobile app or physical coupon book comprised of a bundle of over one hundred (100) "daily deal" style coupons containing everything from fine dining, fast food and entertainment deals offering savings of 50% off or more all for just $20 a year. SimplePons (short for "Simple Coupons") unlike daily deal websites, which solicit members daily via email to purchase coupons one-at-a-time, allow their members to buy, all the deals, all at once, all for one low price for use whenever they want to use them. For more information on our Company please visit our website at The SimplePons deal book App currently works on the Apple iPhone 3, 4, 4s and iPad. For more information on the App please go to the Apple App Store or  download it for free here. For more information on how SimplePons work please visit our website at and the 'How It Works' page.

Safe Harbor Statement This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, SimplePons, Inc.'s ability to develop brand recognition, relationships, execution of its business strategy, its financial resources, risks related to market acceptance and demand for its products and develop and market products such as a smartphone Applications and printed books. SimplePons, future results may also be impacted by other risk factors listed from time to time in its SEC filings. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made and SimplePons, does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made. SimplePonsRich Miller, 561-330-3500  


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