Mobiquity Networks Expands Its Development Team wi

NEW YORK, July 11, 2017 (GLOBE NEWSWIRE) -- Mobiquity Networks, a mobile location data intelligence company, and wholly owned subsidiary of Mobiquity Technologies, Inc. (OTCQB: MOBQ), is proud to announce a new member to its team, Yuan Zhao.  Yuan has an impressive background in computer and data sciences and will be joining the Mobiquity Networks development team as lead data scientist. His primary objective will be enhancing the Company’s Passage Platform with analytics and machine learning applications to further enrich data for customers.  Yuan comes to us from the IBM Watson Research Center, where he specialized in Geo-spatial Data and Audience Insights.

“We are thrilled to have such a talented engineer on board,” said Mobiquity Networks CTO Paul Bauersfeld. “Yuan’s multi-disciplinary big data engineering background, and passion for working with geo special data, will help us increase actionable insights from large sets of mobile location data, and leverage analytics to continue to drive significant value to our customers.”

About Mobiquity Networks ( www.mobiquitynetworks.com ) Mobiquity Networks, a wholly owned subsidiary of Mobiquity Technologies, Inc. ( MOBQ ), is a next generation mobile location data intelligence and marketing company.  The company provides precise, unique, at-scale location based data and insights on consumers' real world behavior and trends for use in marketing and research. With our combined exclusive data sets of shopping mall, premium outlet and cinema beacon data, and first party location data via our advanced SDK; Mobiquity Networks provides one of the most accurate and scaled solutions for mobile data collection and analysis.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. Certain statements in this press release constitute “forward‐looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward‐looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements express or implied by such forward‐looking statements. The forward‐looking statements are subject to risks and uncertainties including, without limitation, changes of competition, possible loss of customers, and the company’s ability to attract and retain key personnel.

Media Contact: Mobiquity Technologies, Inc. Jed Weisberg 917-720-6504 jed@mobiquitynetworks.com