SOURCE: Carbon Credits International, Inc.
PHOENIX, AZ--(Marketwire - Jan 24, 2013) - Carbon Credits International, Inc. (PINKSHEETS: CARN) (www.carboncreditsinternational.com), and its state of the art, mobile commerce and technology brands Text-a-Day (www.textaday.com) and Text-4-Faith (www.text4faith.com), announces today the signing of a LOI for acquisition of SinglePoint.
Carbon Credits International, Inc. looks to purchase the assets of SinglePoint. These assets include the high volume message routing platform that was uniquely developed for supporting the mobile industry's high volume SMS campaigns including: Deal or No Deal, Red Cross Haiti campaign; Obama '08 campaign, Beijing & Vancouver Olympics, and many others.
"If SinglePoint agrees to the terms laid out in the LOI, we could close this acquisition in short order. This is an exciting opportunity as SinglePoint is known throughout the industry as a leading mobile messaging company," stated CEO Greg Lambrecht.
About Carbon Credits
Carbon Credits International, Inc. is building leading, mobile technology brands that are focused on enabling organizations (e.g. brands, universities, ministries, charities, political campaigns, etc.) to leverage the unique capabilities of the mobile device to more effectively engage a target audience in areas of mobile commerce, marketing and charitable giving. By example, Text-a-Day and Text-4-Faith are enabling successful mobile giving campaigns via the mobile phone for non-profit organizations. Charitable giving in the United States approaches $300 billion annually, of which 70+% is donated by individuals, the vast majority of whom own a mobile device. A third of this market, $100 billion, is channeled to religious entities. The Text-4-Faith platform provides targeted services allowing ministries to engage members with enhanced communication and enabling their ability to donate via their mobile phone. Similarly Text-a-Day provides these capabilities for any nonprofit organization focused on engaging supporters and driving fundraising. Additionally, Text-a-Day provides brands with the ability to effectively engage consumers with targeted marketing campaigns that drive transactions through its mobile commerce platform. Mobile devices are rapidly changing how organizations interact with individuals and Carbon Credits International, Inc., and our market leading brands, provide state of the art platforms and services enabling our clients to successfully leverage the mobile evolution to their advantage.
SinglePoint enables brands, agencies and publishers to connect with upwards of 300 million wireless subscribers. SinglePoint's full suite of products and services enables publishers to monetize their mobile messaging traffic and advertisers to access premium inventory to rapidly launch mobile advertising campaigns. SinglePoint works in partnership with entertainment, media companies, brand managers, advertising agencies and mobile networks. Current publisher partners include NBC Universal (Bravo, Oxygen, SyFy, CNBC, MSNBC, Telemundo, USA Network), ABC/Disney, Viacom and CBS Corp. For more information, visit www.singlepoint.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.