In the news release, SAMY Mobile Network Grows To 2 Million Shoppers, issued 10-Dec-2012 by MobileBits Corporation over PR Newswire, we are advised by the company that the quotation in the fourth paragraph has changed. The complete, corrected release follows:
SAMY Mobile Network Grows To 2 Million Shoppers
35,000 Merchants and 100 Brands
LOS ANGELES, Dec. 10, 2012 /PRNewswire/ -- MobileBits Corporation (OTCBB: MBIT), provider of SAMY SM, the fast growing Mobile Mall, announced it has reached another key milestone in its mobile shopping network growth. SAMY now offers 35,000 merchants, 100 brands to over 2 million mobile subscribers in network. SAMY merchant partners offer a wide variety of products and services and include leading brands, restaurants, QSR's, service providers and retailers who engage everyday with local shoppers through the SAMY mobile marketing and loyalty network. "We are very pleased with the growth and progress of our SAMY network roll-out to this point," said Walter Kostiuk, CEO of MobileBits. "It took us 14 months to achieve our first million subscribers and only 6 months to add the second million subscribers." SAMY is now available in three countries, USA, Canada and Switzerland, where it originally began and continues to maintain its leading position as the most used mobile shopping app in that country. "SAMY is our most effective tool for coupon redemption," said Jan De Schepper, Marketing Director for McDonald's Switzerland. " SAMY has been a real asset for maintaining our relationships with our customers when they're away from the store.""SAMY is providing us a complete turnkey mobile marketing strategy that is easy to deploy and simple to maintain," said Sarah Beaton, Director of Operation for Global Pet Foods in Canada. As the network of brands continues to quickly expand, we believe the benefits for each individual organization expand exponentially as their mobile storefront and presence is visible to all customers and patrons in the SAMY network.