Company to market and sell its OBD-II Distracted Driving Solution with 3 Dealerships servicing the NYC Tri-State Areas
Delray Beach, FL, Jan. 29, 2014 (GLOBE NEWSWIRE) -- Protext Mobility (OTCQB:TXTM; "Protext Mobility" or the "Company"), a solutions developer of innovative and trusted applications to the mobile communications market today announced a letter of intent with a large NY-based Auto-Dealership group to market and sell the Company's latest DriveAlert product offering. The DriveAlert product, a text blocking and distracted driving solution utilizing OBD-II technology, aimed at curbing the Distracted Driving epidemic, will be sold at point of sale, direct to consumers, at three NY auto-dealerships servicing the NYC Tri-State areas.
Steve Berman-CEO, commented "we're excited to commence rollout of our distracted driving solution within the auto-dealership vertical. By selling direct to drivers through the dealerships we get a sales and support staff to help drive the sale as well as a partner promoting our solution in-store with collateral sales material, poster boards, etc. We believe this point of sale opportunity is exactly the way to sell and get our product into the hands of the public. In cooperation with the Dealerships we will work together to expand awareness of the distracted driving epidemic to the consumer at the exact time an auto purchase takes place. Additional details relating to this specific rollout will be forthcoming and we believe this first retail store launch will be among many announcements with auto-dealer groups all over the USA", concluded Mr. Berman.
About Protext Mobility, Inc.
Protext Mobility (OTCQB: TXTM) develops innovative applications and trusted solutions for consumers and businesses operating in the mobile communications marketplace. The Company's mobile communications service offering provides consumers with mobile solutions to monitor text activity and curb device usage while driving, as well as businesses solutions' to help manage mobile communications activities amongst employees. Protext Mobility markets its services under the SafeText, DriveAlert and CompliantWireless brands. For more information on the Company and its suite of mobile solutions for consumers and businesses, please visit www.protextmobility.net
Contact:
Steve Berman
Chief Executive Officer
516-637-4061 |
investors@protextm.com
info@protextm.com
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.
Source: Globe Newswire (January 29, 2014 - 10:34 AM EST)
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