World News: 14:00 GMT Thursday 6th December 2018. [Textmunication Holdings, Inc. via Globe Newswire via SPi World News]
PLEASANT HILL, CA, Dec. 06, 2018 (GLOBE NEWSWIRE) -- Textmunication Holdings, Inc. (OTCM:TXHD) (“Company”), a leader in cloud-based mobile SMS marketing communication, is providing shareholders with a year-end corporate update in conjunction with a growth outlook for fiscal year 2019.
Company CEO, Wais Asefi, commented, “Based on the successful development and advancement of our technology offering this year, we believe the Company has reached an inflection point in its growth trajectory. In addition to scaling our customer base through recently announced white label partnerships, we have begun our pursuit of strategic mergers and acquisitions to drive growth and realize a subsequent uplist to Nasdaq in the coming year, an essential goal as we remain focused on building long-term shareholder value.”
Upon completion of its SMS software platform “Smart Automated Messaging” SAM platform (SAM), the Company was recognized by CIOReview Magazine as one of the “20 Most Promising Digital Marketing Solution Providers”.
White Label Agreements were subsequently completed with I-Texts Inc. and EZ Facility. I-Texts Inc. provides mobile advertising to over 40,000 nonprofits, foundations, corporations, education and healthcare institutions. EZ Facility is a leading sports and fitness club management software (CMS) provider, delivering instant member notifications for EZFacility’s health clubs, personal training studios, sports facilities and recreation centers. ASF Payment Solutions (ASF) was recently announced as an integrated SMS partner on the SAM platform. ASF is a club management software leader in the health and fitness market.
Key technology advancements were announced including the Company’s architecture of its Artificial Intelligence (AI) layer for the Smart Automated Messaging (SAM) platform. This process is expected to be complete in Q1 of 2019. In addition to AI, the Company announced it is integrating Rich Communication Services, or RCS, into the SAM platform creating a trifecta of technology – SMS, RCS and AI in one platform. The RCS integration is also expected to be completed in Q1 of 2019.
Mr. Asefi concluded, “Textmunication has built a technology platform that is scalable, innovative and open to adding new functionality and services to enable future growth, such as AI and SMS Voice. We are excited to leverage our current position to continue building market share as we embark on our most significant year of growth in the company’s history.”
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Based in Silicon Valley, Textmunication Inc. is a leading mobile marketing solutions provider to thousands of clients across North America. An early adopter of next-generation text message protocol Rich Communication Services (RCS), the Company currently leverages its proprietary SMS software platform to deliver robust APIs and integrated solutions to a diverse range of end users including health and fitness facilities, beauty salons, sporting events, hospitality organizations, entertainment and digital marketing firms. Committed to ongoing innovation, Textmunication was recognized by CIO Review Magazine as one of the “Top 20 Most Promising Digital Marketing Solution Providers” of 2018. For more information:
Safe Harbor Provision:
Except for the statements of historical fact contained herein, the information presented in this news release constitutes “forward-looking statements” made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect Textmunication Holdings’ current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in Textmunication Holdings’ filings with the Securities and Exchange Commission. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and any document referred to in this press release.
Globe Newswire: 14:00 GMT Thursday 6th December 2018
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