FreeButton, Inc. Announces Letter of Intent to Acquire Rivalfly National Network, LLC.
Supports Plans to Launch Unique B2B & B2C Gamification Platform Nationwide
(firmenpresse) - ENCINITAS, CA -- (Marketwired) -- 08/29/13 -- FreeButton, Inc. (OTCQB: FBTN) today announced that it has entered into a letter-of-intent to acquire all of the outstanding Units of Membership of Rivalfly National Network, an Illinois Limited Liability Company ("RNN"). RNN has more than 30 combined years of distribution of goods and services to over 50,000 retail locations Nationwide. RNN's distribution contracts provide FreeButton with national reach for its B2B & B2C gamification platform at a local level to businesses and consumers.
James Lynch, CEO of FreeButton said that "RNN provides several strategic benefits to FreeButton. It brings more than 30 years of relationships with national operators serving local markets throughout the United States, enabling FreeButton to more efficiently and effectively penetrate the domestic market for our new gaming system platform. This distribution is vital to driving customer and revenue growth for our business and enhancing shareholder value."
In addition to accelerating FreeButton's go-to-market strategy for its gamification platform, this national distribution will also provide access for Media Rhythm's marketing business to untapped media and advertising revenue potential.
Key recent developments:
FreeButton is in development of its new, media gaming platform to be released later this year.
FreeButton has successfully acquired and integrated Media Rhythm Group, Inc. which it expects will drive advertising sales for numerous publishers including GrindMedia and NBC Sports/Alli Sports Dew Tour Properties providing FreeButton with established ongoing revenue and relationships.
FreeButton plans to unveil our unique, B2B tool VideoStakes, which enables advertisers to maximize online engagement and sharing of video content.
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law. There is no assurance that a definitive agreement will be completed.
is a Illinois Limited Liability Company, whose principles have over 30 combined years of distribution of goods and services to over 50,000 retail locations as well as distribution contracts for these services.
, launched in Dec 2009, is a sales firm representing various media properties including 14 magazines (Surfer, Surfing, Powder, Snowboarder, Skateboarder, Canoe & Kayak, Standup Paddler, Bike, Dirt Rider, ATV Rider, Paved, Baseball America, Slam, Alert Diver), 17+ websites and numerous events that are available for integrated sponsorships. For more information go to .
Located in Encinitas, CA, FreeButton, Inc. is the operator and developer of , an advertising company that specializes in advertising & brand promotion through the use of a revolutionary new "Instant-Win" program where Users can attempt to win a product.
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Datum: 29.08.2013 - 18:08 Uhr
Sprache: Deutsch
News-ID 292270
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ENCINITAS, CA
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