PLEASANT HILL, Calif., April 16, 2015 (GLOBE NEWSWIRE) -- Textmunication Holdings, Inc. (OTCQB:TXHD), today announced a revenue share partnership with Spendgo.com. Under the partnership, Textmunication entered into a non-exclusive license and will provide Spendgo.com API integration to send SMS campaigns to certain proprietary campaign management functionality and delivery of automated SMS text message to Spendgo.com's clients.
Textmunication will work with Spendgo to reward customers instantly not just for how much they spend, but also for what they like and buy with weekly or monthly updates on your reward directly to your phone via SMS. With Spendgo's Captivation™ engagement the customers will be able to opt in right at checkout to opt in the rewards program to receive weekly or monthly reward updates. The partners will generate revenue additional revenue of $30,000 per month plus add on benefits starting on October 15, 2015 with all Spendgo's accounts which have enrolled. Wais Asefi, President of Textmunication Holdings, Inc., said: "Besides the health and fitness vertical we are partnering with other verticals to help our partners bring a solution which will have an impact on the bottom lines for our partners clients such as Spendgo to increase revenue for all parties involved with our integration solution. We are finding that this model with current partners such as gyms club management systems and partners in other verticals such as Spendgo and www.Franbiznetwork.com which we will expand further upon in third quarter 2015."
About Spendgo
Established at the forefront of technology in foggy San Francisco, our dedicated team has revolutionized the loyalty industry by providing an unparalleled service that better connects customers, brands and merchants. Founder and CEO, Ivan Matkovic, initially came up with the Spendgo concept based off of one persistent problem; like most, he was tired of dealing with the hassle of keeping paper receipts and rewards cards year after year. So, in 2008, following the invaluable advising from his college professor, John Durham, Spendgo was born as the digital solution for receipts and loyalty programs. Starting with Ivan, three engineers and a warehouse, Spendgo signed its very first customers in Berkeley, CA. Today, Spendgo is located in stores nationwide and growing rapidly. We're excited about our future and hope you'll join us for the ride!
About Textmunication Holdings, Inc.
Textmunication is an online mobile marketing platform service that will connect merchants with their customers and allow them to drive loyalty and repeat business in a non-intrusive, value added medium. For merchants it provides a mobile marketing platform where they can always send the most up-to-date offers/discounts/alerts/events schedule, such as happy hours, trivia night, and other campaigns. The consumer can also access specials and promotions that merchants choose to distribute through Textmunication by opting in to keywords designated to the merchants keywords. Allowing consumers to take their information wherever they go and learn about the latest buzz as soon as they are available, providing the consumer events, deals, and messages on their cellphone via SMS messaging, Textmunication is a mobile marketing platform that connects the mass consumer to the content that they crave – anywhere, anytime, through virtually any mobile device for all local events and promotions.
Safe Harbor Statement
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 in any document referred to in this news release.