DALLAS, July 19, 2012 (GLOBE NEWSWIRE) -- Qples Inc, a leading provider of next generation digital coupons, announced today that it has retained the Dallas investment banking advisory firm, Pepperwood Partners to assist with its Series A capital round. Pepperwood and Qples previously worked to successfully secure seed capital. Qples' Software as a Service (SaaS) platform allows for a dynamically different approach to drive coupons, deals, and discounts to consumers across social and mobile channels. Patent-pending technologies have positioned the start-up to change the way digital coupons are discovered and redeemed, adding unprecedented benefits for both the consumer and participating brands.
"We're excited with the reception Qples is receiving from investors," said Michael O'Donnell, Managing Partner, Pepperwood Partners. "In under a year Qples has generated a million users, and two million coupons printed. Their initial success in the digital coupon market has proven their model and businesses are eager for their services. With a 98%+ print success rate, as compared to an industry standard closer to 50-60%, and industry leading security and analytics, they are solving problems other businesses in the industry cannot and as a result, Qples will find a strong position in the large and growing market."
Qples provides digital, mobile and social marketing solutions that connect brands with customers. With over $1.2 billion worth of digital coupons issued each year and growing, new providers are grasping for a share of the market. Qples is the first to provide coupons that can be integrated across social sites including Facebook and Pinterest, easily shared at the click of a button. With secure and user-friendly technology, Qples are "coupons people share".
Simple. Social. Secure.
The cost-effective Qples platform is available at a fraction of the cost of traditional coupon services, and charges no pay-per-print fee. With over 8 levels of fraud prevention, including one-print-per-customer, advanced validation and direct-to-printer technology, companies can feel secure knowing their coupons will not be misused.
Businesses have seen dramatic increases in social media followers when using Qples technology. Bumble Bee Foods, Inc. saw and 116% increase in fans in just 38 hours when issuing a $1.00 off coupon online and Jardine's Foods grew from zero to 2,200 likes and 60,836 impressions in only one day.
About Qples Inc
Industry:
Internet Technology (SaaS)
Digital and Mobile Coupons
Rich Media (social, local, mobile, e-commerce, video, etc.)
Qples offers a Software as a Service (SaaS) platform, providing digital and mobile coupon solutions while delivering rich media and advertising experiences. Qples delivers digital, mobile, and social marketing solutions that connect brands with consumers.
Through proprietary coupon delivery platforms, Qples integrates rich media advertising, and e-commerce experiences to maximize revenue through user engagement. Qples provides a disruptive and cost effective way for brands and businesses to accurately market to consumers across social, local and mobile channels. Additionally, the highly viral content and coupons can be linked to redemptions and other forms of ROI. For more information visit, www.qples.com.
About Pepperwood Partners LLC
Pepperwood Partners, LLC is a boutique investment banking advisory firm headquartered in Dallas, Texas. The Pepperwood team includes experienced professionals with backgrounds as successful technology entrepreneurs, money managers, CFOs, private equity bankers and various credentialed analysts.
The firm serves a select group of quality companies, offering comprehensive investment banking solutions with a focus on Emerging Markets, Domestic & International Business, and Internet Technology.
Pepperwood Partners offers to Clients investment banking solutions in the form of: Private Equity Capital Transactions, Mergers & Acquisitions Advisory, and Business Advisory Services. For more information visit, www.pepperwoodpartners.com.
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Elizabeth Bashara
917-447-6989
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