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Mobi724 Global Solutions Inc
Symbol MOS
Shares Issued 43,299,502
Close 2015-03-03 C$ 0.21
Market Cap C$ 9,092,895
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Mobi724 partners with PuntoPY in Paraguay

2015-03-05 10:08 ET - News Release

Mr. Marcel Vienneau reports

MOBI724 GLOBAL SOLUTIONS (CSE: MOS) SIGNS PARTNERSHIP AGREEMENT WITH PUNTOPY TO DEVELOP PARAGUAY MARKET

Mobi724 Global Solutions Inc. has arranged a partnership agreement with PuntoPY, a leading multimedia and advertising agency in Paraguay, to establish its presence in Paraguay and continue expanding its business in Latin America. Synergies generated by Mobi724's digital couponing and mobile transaction platform combined with PuntoPY's market know-how and leadership, along with a superb client base, will make this an ideal opportunity for both companies to become first movers and establish themselves as market leaders in the digital incentives and mobile payment markets.

"We are tremendously happy about this new partnership with PuntoPY. Paraguay is a fast-growing market filled with new opportunities in the digital incentives and mobile payments space, and thus an ideal place for us to deploy our solutions and continue our expansion in Latin America," said Marcel Vienneau, chief executive officer of Mobi724. "We have already received confirmed interest from some of the leading firms in the country."

"In Mobi724, we have found the partner we have been looking for to fully develop a fast-growing digital incentives market in Paraguay," said Guillermo Cortes, general manager of PuntoPY. "There is already great interest from our main clients in the types of solutions that Mobi724 offers, and we are committed to making this partnership a total success."

PuntoPY is a leading media and digital advertising agency that introduced on-line banking in Paraguay, and today counts among its clients the biggest brands in banking, retail and mobile services.

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