ORLANDO, FL – via eTeligis - Engage Mobility, Inc. (OTCQB: ENGA) an emerging leader in mobile technology, marketing and data solutions, announced today that it has finalized a Joint Venture Agreement with Xinhua Ruide Network Technology Company for the launch of the Engage Mobile Engagement System in China. Engage has completed initial development of the Chinese version of the system, and delivered the initial platform to its joint venture partners. The partnership plans release and full roll out of the Chinese Mobile Engagement System throughout China in the coming weeks. Xinhua Ruide is a subsidiary of Datang Telecom, Technology and Industry Group, Ltd., a Chinese state owned company that is one of the largest media companies in the world.
Jim Byrd, Engage CEO, stated: "This is truly a landmark day for Engage Mobility. We are thrilled to have finalized our partnership in China, and we are really excited to see our platform rolled out to the largest mobile market in the world. To be able to so with the support and backing of the Chinese government and to be able to partner which such large and influential partner is a dream come true. This is the realization of a tremendous effort by our entire team, who put so much brilliance and energy into this project. Simply put, this is a huge day for Engage and its shareholders."
The Chinese Joint Venture is named Datang Engage Mobile Technology Company, Ltd., and will be based in Beijing and ShenZhen, China. Initial versions of the Chinese Engage Mobile App, named Jia Jia, will be available for free download in the Apple and Google Play stores in the coming days.
About Engage
Engage Mobility, Inc. (ENGA) is a provider of mobile marketing technologies and solutions that help businesses acquire new customers and keep existing customers engaged. Augmented reality content, mobile coupons, push notifications, geo-targeting and loyalty rewards programs are all used to build brand loyalty. The Company's pricing model enables businesses of every size to realize a superior return on their mobile marketing dollar. Gartner Group forecasts $21 billion will be spent on mobile ads by 2015. The Mobile Engagement System™ is a proprietary technology that delivers a value-added service to the consumer and corporate customers. The system integrates a cutting-edge augmented reality app with a proprietary cloud- based video delivery system, a mobile CRM, Dynamic Data™ delivery system, and access to Engages substantial database of over 40 million consumers and businesses. Engage operates from offices in Orlando and Kansas City.
Forward looking statements
Any statements contained herein that are not historical facts 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 made subject to certain risks and uncertainties, which could cause actual results to differ materially from those presented. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only to the date such information, was released. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after release of this information.
Contact:
Bill Luckman
888-888-ENGA
wluckman@engagemobility.com
SOURCE: Engage Mobility, Inc.
Associated Documentation:
Link to submission on http://www.eteligis.com
ENGA_2-20-14_LST_ETL.docx
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