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Marine Drive Mobile Signs its First JV Agreement with TapIn Solutions, Unleashing an Immediate Sales Channel and New Revenue Stream(May 02, 2012)
SAN FRANCISCO, CALIFORNIA -- (Marketwire) -- 05/02/12 -- Marine Drive Mobile Corp. (OTCBB:MDMC) ("Marine Drive Mobile" or the "Company") announced today that the Company has signed a Joint Venture agreement with TapIn Solutions, LLC that will introduce an immediate sales channel to reach golf courses and other businesses for our flagship product eTeeoff.com.
eTeeoff.com is a relatively new online platform targeted to serve the golf industry. With eTeeoff.com advancing to become the leader in offering golf courses the natural ability to offer deals and strategic marketing solutions to their clients, TapIn Solutions paves the road to strategically catapult eTeeoff.com to the next level.
The joint venture agreement with TapIn Solutions is to make our software available to their merchants across the country. This four-year old company, TapIn, is the golf industry's fastest growing online services company specializing in web development and online marketing solutions. Through its various partners, TapIn has access to over 3,400 golf courses and 450 golf product distributors across the country.
As part of the agreement with TapIn we are initially launching with approximately 150 golf courses throughout the U.S., and we are expected to be up and running in June 2012. This is the first phase of this integration, with ultimately integrating into TapIn's entire network.
Colin MacDonald, President and CEO of Marine Drive Mobile stated, "TapIn was one company that we were introduced to at the PGA Merchandise Show in January of this year. Our two companies together, offer such synergies, that we created a win-win venture. We recognized that TapIn would give us a significant edge in procuring a solid merchant base for our flagship product, eteeoff.com and thus rapidly advance our revenue stream timeline."
Reed Thompson, President and CEO of TapIn Solutions, LLC commented, "We are very excited to be working with the eTeeoff.com platform and Marine Drive's technical team. We love their technology; as it introduces an online gateway for our golf merchants to offer substantial deals to their customers. Marine Drive's technology platform opens new doors for our clients and adds a critical link to be competitive in today's golf market. This opportunity basically allows our golf customers to be in the drivers seat, in other words, they will have full control over their marketing needs by using eTeeoff.com's Deal Management System."
About TapIn Solutions, LLC.
TapIn Solutions provides the most comprehensive online, on-demand sales and marketing solutions available exclusively for the Golf Industry. TapIn begins with a truly unique website design, and along with 17 unique modules in its Content Management System (CMS) give their golf customers a distinct advantage over their competition, and this endears TapIn to its customer base. Golf Course operators also look to TapIn for detailed marketing plans, email marketing advice, and overall business & marketing expertise.
About Marine Drive Mobile Corp.
Marine Drive Mobile Corp. (MDMC) is a San Francisco-based technology company dedicated to bringing simplicity, innovation and disruption to the online coupon industry. Our mission is to transform the online coupon space by giving businesses a totally free online advertising platform that makes creating and promoting daily deals as simple as sending an email. Marine Drive Mobile connects merchants and consumers through our proprietary software platform and business systems. Our flagship product, eTeeoff (www.eTeeoff.com), was launched to introduce golf industry merchants to a zero-cost way to create deals and offer their own electronic coupons.
This news release may contain "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The Company assumes no obligation for the accuracy or completeness of those forward-looking statements and undertakes no obligation to revise these forward-looking statements to reflect subsequent events or circumstances. Readers are cautioned not to place undue reliance on the forward-looking statements made in this news release. Investors are urged to consider closely the disclosure in the Company's Form 10-K and subsequent filings, which may be obtained directly from the Company, or from the SEC website at http://www.sec.gov/edgar.shtml.
Marine Drive Mobile Corp.
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