Engage Mobility Inc (OTC:ENGA)

WEB NEWS

Tuesday, July 29, 2014

Comments & Business Outlook

ORLANDO, FL--(Marketwired - Jul 28, 2014) - Engage Mobility, Inc. (OTCQB: ENGA) - Consumer Brand Happy Cheeks has chosen Engage Mobility (ENGA), a leader in mobile customer engagement, to promote its new free trial offer of personal toilet seat cleaner, using Engage's proprietary mobile marketing platform, click to call and mobile augmented reality.

Happy Cheeks provides products that give consumers peace of mind while they visit public restrooms. Happy Cheeks products are specifically designed to be portable, convenient, and effective. All Happy Cheeks products will easily fit into a pocket, purse, or travel bag and are perfectly suited for travelers and people on the go.

For a limited time only, consumers can receive a free bottle of Happy Cheeks with the payment of shipping and handling.

"Engage's Mobile Marketing Platform is a great way to attract and interact with new users for our free trial offer," stated Courtney Jeffries, the 23-year-old inventor of Happy Cheeks. "We believe in our product so much we want to give it away so people can experience Happy Cheeks for themselves. Engage is a leader in mobile marketing technology and they were by far the most cost effective marketing choice."

"We are pleased to help Happy Cheeks move to the world of mobile marketing," stated Jim Byrd Engage Mobility CEO. "Offering a personal consumer product with our advanced mobile technology is a winner."


Saturday, February 22, 2014

Liquidity Requirements

During the next 12 months, subject to availability of capital, we plan to implement the following steps:

1. We expect to launch a full roll out in the U.S. of our Mobile Engagement System. We expect to market the Mobile Engagement System through direct marketing via the internet, through trade shows and seminars, through the hiring of both national and local sales personnel, through channel partners, independent reps and telesales. Subject to availability of capital, we intend to implement all of these sales initiatives during the first half of 2014. This will involve hiring a national sales manager, a number of local sales managers and local sales representatives in up to 50 local markets, five to 15 telesales people, as well as associated staffs. The cost of marketing our Mobile Engagement System is estimated to be between $50,000 and $250,000 per month, but will be scaled in if and when capital is available.

2. We expect to, through our partners in China, launch and roll out a Chinese version of our Mobile Engagement System. As the costs of the Chinese partnership and roll out are paid by third parties in China we do not expect to incur any additional expenses associated with the Chinese roll out, other than marginal internal technical and support expenses.

We have a current burn rate, as of December 31, 2013, of approximately $80,000 to $100,000 per month. It includes office rental expenses, payroll, insurance, marketing, travel, telephone, internet and other office expenses, legal and accounting expenses and other miscellaneous expenses including filing fees, transfer agent fees and other costs of being public.

Therefore, if we do not experience any income or obtain additional financing, we could expect to run out of capital sometime between March 2014 and May 2014. For this reason, if we do not experience any income in the first half of fiscal 2014, we will need to raise additional capital of between $80,000 and $100,000 per month, in order to continue our business. In addition, in order to fully implement our business plan, we will need to raise an additional $1,000,000 to $5,000,000 of capital for the purpose of initiating and ramping up marketing and sales efforts, hiring of sales personnel and for general working capital. This additional $1,000,000 to $5,000,000 of financing will need to be raised between March 2014 and May 2014 in order to effectively implement our business plan. It is not necessary that we receive such a capital infusion at any one time; we could implement our plan through the raising of at least $500,000 per quarter during calendar 2014. However, there is no assurance that we will be able to raise any capital in the future, or that capital will be available on terms acceptable to us.


Friday, February 21, 2014

Comments & Business Outlook

Engage Mobility, Inc. (OTCQB: ENGA), an emerging leader in mobile technology, marketing and data solutions, announced today that it has completed the newest version of its Mobile Engagement System for business and is set to launch both a U.S. and Chinese version of the platform on March 1, 2014.

Jim Byrd, Engage CEO, stated: "This is truly another incredible day for Engage. After months of research, development and dreaming, our team has created what we believe will be the definitive mobile marketing solution for all businesses, here in the U.S. and in China. Our new system is truly magical in terms of the richness of its features and the compelling nature of its deliverables to the business owner. For the first time, a business will be able to use a single login and management console to manage all of its marketing initiatives such as email, social media and mobile marketing, in a very timely, powerful, and cost effective manner. The original Mobile Engagement System relied heavily on third party and outsourced developers. Version 2.0 of the new platform leverages a redevelopment of our core system into a stand alone, Java-based, proprietary environment that integrates mobile, online and physical locations for a truly immersive user experience. Its flexibility allows for massive expansion of features, scalability and easy transition into the international marketplace. The system was built almost entirely in house, by our incredibly dedicated and brilliant development team. We could not be more proud as we release this amazing technology to market, both here and throughout China in the coming days."


Thursday, February 20, 2014

Comments & Business Outlook
ORLANDO, FL, Feb 20, 2014 (Marketwired via COMTEX) -- Engage Mobility, Inc. (OTCQB: ENGA) an emerging leader in mobile technology, marketing and data solutions, announced today that it has finalized a Joint Venture Agreement with Xinhua Ruide Network Technology Company for the launch of the Engage Mobile Engagement System in China. Engage has completed initial development of the Chinese version of the system, and delivered the initial platform to its joint venture partners. The partnership plans release and full roll out of the Chinese Mobile Engagement System throughout China in the coming weeks. Xinhua Ruide is a subsidiary of Datang Telecom, Technology and Industry Group, Ltd., a Chinese state owned company that is one of the largest media companies in the world.

Jim Byrd, Engage CEO, stated: "This is truly a landmark day for Engage Mobility. We are thrilled to have finalized our partnership in China, and we are really excited to see our platform rolled out to the largest mobile market in the world. To be able to so with the support and backing of the Chinese government and to be able to partner which such large and influential partner is a dream come true. This is the realization of a tremendous effort by our entire team, who put so much brilliance and energy into this project. Simply put, this is a huge day for Engage and its shareholders."

The Chinese Joint Venture is named Datang Engage Mobile Technology Company, Ltd., and will be based in Beijing and ShenZhen, China. Initial versions of the Chinese Engage Mobile App, named Jia Jia, will be available for free download in the Apple and Google Play stores in the coming days.


Tuesday, February 18, 2014

Comments & Business Outlook
ORLANDO, FL, Feb 18, 2014 (Marketwired via COMTEX) -- Engage Mobility, Inc. (OTCQB: ENGA), an emerging leader in mobile technology, marketing and data solutions, announced its quarterly results through the filing of its 10-Q on February 14, 2014. The Company had revenues of $326,220 in its first quarter as an operating entity. Engage launched its mobile marketing platform, the Mobile Engagement System during the quarter, and commenced the sales of the system during that time.

Jim Byrd, Engage CEO, stated: "We are obviously pleased that we have emerged from a development company and are now an operating entity. We experienced some significant initial revenue, both from domestic and international development fees, but also from recurring monthly revenues resulting from sales of our platform to businesses. This is a great first step for us as we look to roll out our system nationwide, and in China, in the coming weeks and months. Our team has worked so hard to bring this amazing technology to market, and to see the initial fruits of this labor, in the form of businesses paying for our platform, is very rewarding."

Engage has announced plans for a full roll out of its Mobile Engagement System both domestically, and in the People's Republic of China through JV partners in China.



Market Data powered by QuoteMedia. Terms of Use