Protext Mobility Announces Distribution Agreement
Post# of 151
Company's Distracted Driving Product to Be Sold at Major Queens Dealership
Jul 01, 2014 (eTeligis.com via COMTEX) -- DELRAY BEACH, FL, United States, via eTeligis Inc., 07/01/2014 - - Protext Mobility (OTC Pink: TXTM) (PINKSHEETS: TXTM), a developer of innovative and trusted applications for the mobile communications market, is pleased to announce that the Company has executed a distribution agreement with Nissan of Queens, a premier auto dealership selling in excess of 300 cars per month. Pursuant to the agreement Protext's distracted driving solution, DriveAlert, will be marketed and sold to customers at Nissan of Queens with prominent advertising in strategic areas throughout the facility. This is Protext's fourth distribution agreement and a total of seven auto dealership groups in the NYC Tri-State area.
"As the dangers of distracted driving increase in the national spotlight, so has the amount of interest in DriveAlert from the auto dealer industry," noted Steve Berman, CEO of Protext Mobility. "There has been a direct call to action from the American public for a way to prevent the tragedies that we hear about every day. We are very proud to be able to use our technology for important products, such as DriveAlert, and to team up with major dealerships like Nissan of Queens and be a part of the solution to a very preventable problem."
Mr. Berman continued, "The Company continues to expand its point of sale distribution through the auto-dealership market with additional contractual negotiations ongoing, around the country. Importantly, we are seeing new distribution and joint marketing opportunities develop within the auto-insurance business. This multi-billion dollar market represents a huge market for distracted driving prevention as automobile ownership and auto-insurance go hand and hand. We believe the Insurance vertical presents significant opportunities for Protext as carriers begin to roll-out new discount programs where insured motorists can qualify for safe driver discounts by installing a permanent distracted driving solution like our DriveAlert product."
DriveAlert, which utilizes Protext's proprietary OBD-II technology, is a text blocking solution that, when enabled, will prevent certain activities on mobile devices in equipped vehicles -- particularly text, email, video/camera, and social media applications.
About Protext Mobility, Inc.
Protext Mobility (OTC Pink: TXTM) (PINKSHEETS: 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
About Nissan of Queens
Nissan of Queens is a premier dealership located in Ozone Park, NY. We are dedicated to cultivating long term relationships with all those that pass through our doors or contact us through other means. Our sales and service staff through continuing education and training are the best available at meeting all your automotive needs and exceeding all expectations. Our successful efforts at maintaining the highest standards and results for Customer Satisfaction guarantee that when you visit our showroom or service department you'll be warmly received and treated fairly. We will always strive to be your #1 automobile dealer & service center!
For more information about Nissan of Queens, please visit www.nissanofqueens.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.
Contact:
Steve Berman
Chief Executive Officer
516-637-4061
investors@protextm.com
info@protextm.com