PHOENIX, AZ—via eTeligis—PITOOEY!™ Inc. (OTCBB: PTOO) (OTCQB: PTOO) announced today that it has entered into a Letter of Intent to acquire Florida-based LTD Media LLC in order to expand its offering in the search marketing space.
"Adding the Search Engine Optimization, Campaign Management and Reputation Management services to our offering is essential for continuing our mission to become the preferred provider of social media management services for small to medium sized businesses," said Jacob DiMartino, CEO of Pitooey. "We are very excited about integrating the offering into our suite of products and leveraging the expertise of the newly expanded management team," added DiMartino.
"We are very proud of our reputation in the SEO and PPC space, having managed campaigns for some of the largest brands in business," added Ian Shiell, Managing Director and Principal at LTD Media LLC. "We believe that joining Pitooey will help us grow our core business, but also increase our ability to cross sell and upsell to our existing and future clients."
With over 13 years of experience, LTD Media offers a diverse portfolio of SEO, PPC, CPA and other marketing and development services to meet any client's needs. Founded in 2010 and with offices in Florida and California, LTD Media has the people and the presence to serve the needs of a growing customer base, with special focus on regional and local search clients.
The completion of the contemplated transaction with LTD Media is subject to customary closing conditions and execution of a definitive agreement.
About PITOOEY!™, Inc.: PITOOEY!, Inc. is a complete digital marketing agency offering small businesses unique service packages based on the clients' desires and the type of following or "reach" they would like to establish. Pitooey! provides small businesses with the infrastructure, software and services that generate social media engagement, capture leads and drive online and offline sales. For more information, please visit: www.Pitooey.com
Safe Harbor: This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief, or current expectations of Pitooey!, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Pitooey!, Inc.'s ability to control and their actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in PITOOEY!, Inc.'s filings with the Securities and Exchange Commission.
For further information contact:
Pitooey!, Inc. Public Relations and Shareholder Information
Cathy L. Fritz
Phone: 623-258-4986
Email: cathy@PITOOEY.com
SOURCE: Pitooey!, Inc.
Associated Documentation:
Link to submission on http://www.eteligis.com
PTOO_2-3-14_ETL_KMG.docx
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