SAN FRANCISCO, CA--(Marketwire - Jul 10, 2012) - Wrapp, the social gifting app that lets you give your Facebook friends free gift cards from leading retailers, is an AlwaysOn Global 250 winner.
Wrapp makes it fun and easy to give, receive and redeem gift cards using mobile devices or the Web, and allows Facebook friends to contribute to the presents.
For merchants, Wrapp is a proven, discount-free marketing platform for conducting performance-based customer acquisition and retention campaigns. With Wrapp, retailers use friend-to-friend marketing to drive highly targeted in-store and on-line sales, and have real-time access to aggregated campaign and customer demographic data.
Tony Perkins, founder and editor of AlwaysOn said inclusion in the AlwaysOn Global 250 signifies leadership amongst peers and a game-changing approach and technology that is likely to disrupt existing markets and entrenched players in the Global Silicon Valley.
Wrapp and the other AlwaysOn Global 250 winners were selected from among thousands of domestic and international technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2012 list based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
Wrapp will be honored at AlwaysOn's tenth annual Innovation Summit on July 23, 2012 at the Computer History Museum in Mountain View, CA. The two-day gathering highlights the significant economic, political, and commercial trends affecting global technology industries. Innovation Summit's goal is to identify the most promising entrepreneurial opportunities and investments in the global tech industry.
"This year's AlwaysOn Global 250 companies have been shaken up by the recent surge in on-demand and mobile innovation. This year's crop of robust, innovative applications has launched a complex world of interconnected, sophisticated data being used by a voracious consumer and business user base. Coupled with a massive smartphone and tablet adoption, the opportunities for this year's winners are unlimited," said Perkins. "The 2012 AO Global 250 winners are driving the technology market into new, uncharted territory, representing the highest-growth opportunities we've seen in the private company marketplace in the history of the Global Silicon Valley."
AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn's preeminent executive event series includes the Silicon Valley Innovation Summit, OnMedia, OnHollywood, IMPACT Venture Summit Mid-Atlantic, Venture Summit East, OnDemand, Venture Summit Silicon Valley, OnMobile, and GoingGreen Silicon Valley. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.
Wrapp is a social gifting service for celebrating friends with free and paid gift cards from top brands. Wrapp allows friends to contribute to the gift cards, and makes them fun and easy to give, receive and redeem using mobile devices and the web. Founded in 2011, Wrapp is based in Stockholm, with offices in the U.S., U.K., France, Germany, Italy, the Netherlands, Turkey, Poland, Taiwan Japan, Australia and Brazil. Celebrate friends every day at www.wrapp.com.