Cambridge, MA, June 13, 2018 (GLOBE NEWSWIRE) -- MobiCard Inc. aka Peer to Peer Network (OTC: PTOP) announces further engagement and retention with Think Latitude for Code Analysis and Review.
MobiCard Inc. had previously announced it started a working relationship with Think Latitude Inc., a company featured on CNBC’s popular TV show, The Job Interview, in order to develop Peer To Peer Network (OTC: PTOP) aka MobiCard Inc.’s core business product, MobiCard. It has chosen to advance this relationship and progress it further.
An in-depth two-hour PowerPoint presentation was presented by MobiCard Inc. to Think Latitude for the changes, new features, other data, and advancements they would like to see implemented and functional for the MobiCard in order to get to the next level of MobiCard 3.0. This presentation went very well and was followed up by a list of 18-to-20 questions submitted in regard to the details of the code and individual features necessary for Think Latitude to give better estimates for cost and timeframe for completion. After an in-depth conference call and chart follow along presentation, Think Latitude and MobiCard Inc. came to terms to move forward and reengage to advance to the next step, a code review.
On Monday June 11th MobiCard Inc. signed a contract and paid an advance to progress the relationship further, and get the ball rolling closer to the MobiCard 3.0 version.
This code review will help accomplish a number of objectives. The first objective would be to establish the potential and reliability of cross implementation potential; determining whether the code currently in place could be utilized in order to get to the MobiCard 3.0 level or if the code would have to be rebuilt from scratch. Obviously, the code analysis will give definitive certainty to the state of the code and the nuts and bolts of the product. This analysis will determine the scalability potential and scope of work that would be needed in order to get to a MobiCard 3.0 version. If the code is in good standing and all previous features are implemented correctly and appear functional, it would be better for Think Latitude to develop it faster and less costly to achieve the MobiCard 3.0 version.
“This technology opinion also stands to give insight to the note review terms we are evaluating in the ‘asset acquisition’ detailed in the 8k filing with the SEC in 2015. I selected Think Latitude because they seem to be the best in the business, and are by far the easiest technology experts I have ever dealt with in my life. They are responsive, creative, professional, and fair. I have no doubt that a business relationship between MobiCard Inc. & Think Latitude Inc. will be mutually advantageous and together can help propel MobiCard Inc. to the next level,” said Joshua Sodaitis, Chairman of the Board.
Think Latitude Inc. has been providing quality technology services to clients using rigorous implementation standards. Their project managers are PMP certified through the PMI (Project Management Institute) and their software development cycle uses a lean hybrid Agile approach. This approach allows client interaction throughout each stage where we define requirements, design, develop, QA, UAT, and implement change requests. Their executive management, who are ITIL V3 certified/trained, ensure each project meets formal service level standards in accordance with the ITIL (Information Technology Infrastructure Library) foundation. Their unique approach to improving industry standards in project management and software development allows them to provide exceptional services to each client they serve.
“Josh Sodaitis approached our company looking for a strategic consulting team to assist with the MobiCard infrastructure. After our initial consultation, I realized that MobiCard would be a great fit for Think Latitude as they embraced the core competencies our company embodies. We both represent businesses where we hold ourselves to the highest of ethical standards and fair business practices. Based on our discussions, it is my strong opinion that their current executive team is eager to improve the MobiCard platform. Furthermore, they are confiding in Think Latitude for technological guidance to develop streamlined mobile applications and provide long-term strategic initiatives. We believe MobiCard has great potential to execute game changing features in their platform that will separate them from their competitors. Our company is excited to start this venture with them in order to realize their vision” stated CEO Andy Sajnani, Think Latitude Inc.
MobiCard Inc. a.k.a Peer to Peer Network ("PTOP") owns and markets its core technology, a SaaS mobile solution branded C2A MobiCard, a scalable mobile business card software platform that enables users to create a customized web-based personalized mobile app that is sharable by text SMS, email, digital and social media. Subscribers are able to track when the card opens, views and shares all while validating and analyzing new leads and referrals in real time, thereby knowing who and when to follow up www.freemobicard.com
Safe Harbor Statement:
This release includes 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. The Company invokes the protections of the Private Securities Litigation Reform Act of 1995. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategies, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our filings at www.sec.gov. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
James A. Bento, CEO
45 Prospect Street
Cambridge, MA 02139
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