VML 0.00% 0.0¢ vmob group limited

Ann: GENERAL: VML: VMOB GROUP MARKET UPDATE

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    VML
    16/04/2013 10:53
    GENERAL
    
    REL: 1053 HRS VMob Group Limited
    
    GENERAL: VML: VMOB GROUP MARKET UPDATE
    
    VMOB GROUP MARKET UPDATE
    
    16 April 2013
    
    VMob Group Limited (VML) continues to execute on its strategy to deploy its
    technology for multiple industry verticals into various markets around the
    world.
    
    The VMob retention-marketing platform has been developed to deliver tangible
    value to a number of industry verticals including
    
    o Mobile Network Operators
    o Banks
    o Directory Services
    o Credit Card Companies
    o Retailers
    o Quick Service Restaurants
    o Service Station Chains
    o Alcoholic Beverage Manufacturers
    
    The VMob 'big data' platform has seen considerable investment to date
    enabling VMob to offer two types of deployment depending on customer
    requirements:
    
    1. Aggregator - where a bank, mobile operator, etc. is able to deploy
    the VMob platform to their retail ecosystem.
    
    2. Proprietary - where a retail chain is able to use the VMob platform
    to drive vouchers, loyalty and payment capabilities to its customer base.
    
    VMob is pleased to announce it has signed a commercial contract with Yellow
    Pages Group NZ for the deployment of its retention-marketing platform. The
    first stage will be to pilot the VMob platform for the Menus.co.nz restaurant
    guide, evolving the current service to provide restaurateurs with a
    comprehensive retention marketing platform.
    
    VMob also has two 'Proof of Concept' deployments currently underway in
    Indonesia and the Philippines with two separate mobile operators for user
    testing.  If successful, it is hoped these will lead to expanded deployments
    on commercial terms.
    
    Similar opportunities are in negotiation in the United Kingdom, Netherlands,
    Norway, Japan, Australia and New Zealand for deployments of the VMob
    platform.
    
    VMob will seek to raise additional funding during 2013 to support its
    business development activities.
    
    Scott Bradley
    Chief Executive Officer
    +64 21 722 556
    End CA:00235231 For:VML    Type:GENERAL    Time:2013-04-16 10:53:39
    				
 
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