LOS ANGELES, CA--(Marketwired - May 15, 2013) - Truli Media Group, Inc. (
"Pushpay has partnered with some of the largest non-profits across the USA, Australia and New Zealand to boost their donations through mobile payments while decreasing the administrative costs of receiving donations," said Michael Jay Solomon, Founder, Chairman and CEO of Truli. "This a great fit for us and we are excited to incorporate Pushpay's mobile payment solutions into our donation platform. Pushpay will make it very easy for people to donate to their favorite ministries whereby 85% goes to ministries and 15% goes to Truli. We believe this will be a major source of revenue for us as we anticipate that many ministries will want to take advantage since it means additional revenue for them as well."
"Truli's and Pushpay's shared focus on faith-based organizations provides an excellent opportunity to work together," commented Chris Heaslip, Co-Founder and CEO of Pushpay. "We are excited to help non-profits increase generosity and we look forward to generating additional donations through Truli's donation platform."
Pushpay's mobile wallet offers a simple user interface and secure process, and gives businesses and non-profits a cost-effective method of receiving mobile payments without investing in custom app development. The Pushpay mobile wallet is PCI DSS compliant and uses payment card information, without the need for 'dongles' and card readers. The Pushpay mobile wallet is available for iOS and Android and can be downloaded from the App Store and Google Play.
About Truli
Truli offers a unique distribution platform focused on Christian and family-friendly content that is free for users to view, interact and engage with on any mobile apparatus such as tablets, phones, smart TV, etc. Truli is free for ministries as many additional sermons are delivered weekly, as well as music videos, film/television content, sports, comedy and educational material. Truli offers a single platform that is flexible and easy to access to connect users, enabling the delivery of relevant and family content to the Evangelical community market of 100+ million people in the U.S. (and 700+ million outside the U.S.) representing $4.3 billion of annual gross industry sales in the U.S. alone.
Safe Harbor Statement
This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new features or services, or management strategies) and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contact: Truli Investor Relations Chuck Arnold 386.409.0200 Email Contact Pushpay Aidan Lett General Manager Global Marketing Email Contact 714-662-1472
