Net Element, Inc. (NASDAQ:NETE), a technology-driven group specializing in mobile payments and value-added transactional services in emerging countries and in the United States, is pleased to announce that the company has received a Deal Maker of the Year Award from Finance Monthly, a global financial sector publication for its acquisition of Aptito, LLC (“Aptito”). Aptito is a next generation, cloud-based point of sale payments platform, operated through TOT Group, Inc. (“TOT”), the mobile payments and transaction processing subsidiary of Net Element.
Aptito helps restaurants drive consumer engagement via tablet, mobile and all other cloud-connected devices. Aptito’s mPOS system provides hospitality merchants with tools to increase sales, productivity, and customer loyalty. The solution is a tablet-based POS that combines traditional POS functionality with mobile ordering, payments, social media, intelligent offers, mobile applications, loyalty, and transactional data all in one solution supported by Aptito’s cloud-based payments platform. Restaurants can leverage Aptito to plug into social networks, daily deal promotions and other marketing programs while having the ability to use Aptito’s integrated mobile marketing tools to deploy their own lead generation campaigns and loyalty rewards.
The 2013 Finance Monthly Deal Maker Awards list is the third annual celebration of the most impressive transactions across a range of sectors and jurisdictions and reflects a dynamic year of successful M&A and corporate deal activity. Finance Monthly’s highly selective judgment panel chooses winners from high caliber nominees in the corporate, private equity, investment banking and legal fields. Net Element was among other winners such as Ally Financial, Qualcomm and The Parthenon Group, for its acquisition of Aptito. All 2013 Finance Monthly Deal Maker Awardees are listed online, accessible via www.finance-monthly.com. In addition to the Deal Maker of the Year Awards, Finance Monthly also publishes CEO, Law and M&A Awards annually.
“On behalf of my team at Net Element, I am honored to receive Finance Monthly’s Deal Maker of the Year Award,” commented Oleg Firer, CEO of Net Element. “Finance Monthly is a premier publication and we are very pleased to win among other successful companies and transactions from the past year.”