PR out (8k coming): Textmunication Holdings, Inc.
Post# of 1705
http://finance.yahoo.com/news/textmunication-...00534.html
PLEASANT HILL, CA / ACCESSWIRE / March 13, 2017 / Textmunication Holdings, Inc. (OTC PINK: TXHD), a cloud-based mobile SMS marketing platform provider, is transforming the SMS landscape through innovative technology and partnerships. The company is in the process of upgrading its leading SMS platform meeting the demands of the growing market.
Textmunication just returned from the International Health, Racquet & Sportsclub Association (IHRSA) convention in Los Angeles. More than 10,000 attendees saw the latest in health club technology and equipment. Two of the biggest challenges facing the fitness industry are member retention and engagement. Textmunication offers a unique SMS platform for the industry. All the leading Club Management Software (CMS) companies use Textmunication's solution. The differentiators are API integration and automated SMS campaigns. Textmunication's software allows for mass delivery, timed messages and automation of the campaigns - versus manually uploading and sending separate text messaging to individual members.
In order to keep up with the demand, Textmunication has made a strategic decision to scale its software platform. Two new Scalability Engineers from one of Silicon Valley's leading technology firms recently joined Textmunication. They are in the final process of delivering a robust and scalable platform capable of sending more than 40M SMS per day.
In addition to the new software platform, Textmunication today signed a Letter of Intent (LOI) to acquire a software-rich and innovative solution addressing fitness, salons, retail, Quick Service Restaurants (QSR), and hospitality verticals. This solution can be integrated into the new SMS platform offering social media integration and engagement tools serving thousands of businesses across the United States. The Silicon Valley entrepreneur has put more than $2M of development resources into the platform and is looking for an innovative communication company to scale the software. An 8-K will be issued shortly on the LOI.
If this transaction is completed, it will provide Textmunication the necessary software to separate itself from the largest SMS providers and offer a proprietary solution substantially increasing the value of the company.
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