Mvive, Inc. announced after the bell that it has delievered thousands of Moupons (TM) (mobile coupons) for 800+ retailers and more than 1,000 locations during their beta test phase of execution. The Company reported that the thousands of the Moupons were downloaded onto cellphones with 100% efficiency and success rate, marking the largest successful delivery of mobile coupons ever made by a single company in North America.
Mvive’s Moupons can be downloaded onto a cell phone, such as an iPhone, Blackberry, etc., then be presented to a retailer for advertised discounts, no longer requiring paper and traditional distribution methods. The retailer group included various types of retailers such as restaurants, clothing outlets, jewelry stores, book stores, and fitness clubs to attain a broad base test and market exposure.
The President of the Company, Mr. Roy Choi, stated, “We were delighted with the resounding operational success of this live, real world technology test phase and even more ecstatic about the response we received from many of the retailers who could not say enough about the ease and efficiency with which the service worked.”
“As more and more content and content delivery is being sought out by companies such as Google and Research in Motion, etc., we at Mvive feel that our Moupon(TM) and the Moupon(TM) delivery system as well as future Mvive products and services, will be in great demand. We anticipate the Mvive registration process to commence in March, 2008,” he continued.
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