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Marine Drive Mobile Updates on its Evolving Technology and Business Development Progress(May 30, 2012)
SAN FRANCISCO, CALIFORNIA -- (Marketwire) -- 05/30/12 -- Marine Drive Mobile Corp. (OTCBB:MDMC) ("Marine Drive Mobile" or the "Company") is pleased to update shareholders on the corporate milestones that have been attained, the technology improvements that have been and will be implemented and the Company's on going business and growth strategies.
As the Company previously announced it has a JV with TapIn solutions and the Company has been engaged and developing TapIn's initial customer base into our system. At the same time, the Company has been re-calibrating its technology for the enterprise level, switching the entire platform to the .net framework. The Company is anticipating by the first half of June to have the first initial soft launch of the TapIn integration completed and the .net conversion finalized.
In the next six months the company is working on providing additional tools to the merchants to expand their reach to a whole new marketplace. Soon merchants will be able to offer SMS/MMS text and multimedia offers and deals to the public. Along this same timeline the Company is also anticipating that it will have an API (application programming interface) platform established to work congruently with existing email marketing platforms like Constant Contact and mailchimp. This will allow merchants and advertisers alike to keep their existing email clients and utilize the Company's tools to seamlessly offer deals and coupons to their customers.
The Company will be implementing various marketing strategies as well to help shape and grow its online asset to become a leader in offering deals to golf enthusiasts. Golf merchants and now distributors utilizing the www.eteeoff.com platform, have the ability to offer national campaigns in which local and rural entities never had. This introduces a whole new customer base to each merchant and continues to build eteeoff's standing in the golf arena. The Company has also started to receive positive feedback from the public, and recently discovered an independent article written by www.DailyDealMedia.com.
Colin MacDonald, CEO and President of Marine Drive Mobile, stated, "I am very excited with our current progress and encouraged with the positive reactions that we are receiving from the industry and public. Our team has gone above and beyond my expectations and as a result our company is strategically moving forward in a pace that is not recognized in todays marketplace." Colin continued, "We are continually evolving our technology and constantly finding ways for making the online coupon space and our loyalty program even better for all merchants concerned. Our technology has a wide reach and we are anticipating a very favorable result from our efforts with our latest joint venture. Our sights have never been higher as we expand our company and do our utmost to deliver shareholder value."
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. For more information on Marine Drive Mobile Corp. visit www.marinedrive.com.
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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