Multiplied Media and toptable Announce Agreement to Bring Restaurant Reservations to Poynt in Europe
08 Septembre 2010 - 10:26AM
Marketwired
Multiplied Media Corporation ("Multiplied" or the "Company")(TSX
VENTURE: MMC), a leading provider of mobile local search services,
is pleased to announce an agreement to integrate toptable, Europe's
number one online restaurant booking service, into the Poynt
application.
Poynt is a convenient and timesaving GPS-enabled application
that connects consumers to local businesses, restaurants and movie
theaters at the moment they want to buy or acquire products or
services. Poynt gives consumers the ability to move beyond
discovery of their local area.
toptable is Europe's number one online dining community and
restaurant booking service featuring thousands of bookable
restaurants across the United Kingdom and the rest of Europe. The
addition of toptable's service will enhance the existing restaurant
section in Europe with the ability to book restaurants, read the
views and ratings of other diners and take advantage of restaurant
offers.
"Adding the ability to make dining reservations will greatly
enhance the Poynt user's experience in Europe," said Andrew Osis,
CEO, Multiplied Media. "We are looking forward to launching this
service with toptable."
Chris Wood, Managing Director, commented, "We are delighted to
be working with Multiplied Media and that toptable content will be
integrated into their successful Poynt application which is
available across most of Europe."
The availability of toptable listings in Poynt is anticipated
for later this fall.
About Multiplied Media Corporation
Multiplied Media (www.multiplied.com) develops and operates
mobile applications that enhance the consumers' ability to connect
with the people and businesses most important to them. Their
multi-award-winning application Poynt (www.poynt.com) is a mobile
local search service available over BlackBerry smartphones and
iPhone and iPod Touch devices. Through agreements with directory
and vertical content providers in Canada, the United States and
Europe, Poynt simplifies finding and connecting with businesses,
retailers and events wherever and whenever it is most convenient
for the consumer. The MyInboxNow offering, from newly acquired
UnoMobi (www.unomobi.com), enables low-end feature phones to behave
like smartphones for email access. MyInboxNow is available to
mobile operators as a private label solution. Headquartered in
Calgary, AB, Canada, Multiplied Media trades on the TSX Venture
Exchange under the symbol MMC.
About toptable
toptable is Europe's leading online dining community and
restaurant reservation service. The toptable group which
incorporates city-eating, a network of 61 global food websites,
features thousands of restaurants in 15 countries and receives 3
million monthly visitors (Omniture). Shareholders include legendary
football manager Sir Alex Ferguson and celebrity chef Gary
Rhodes.
Forward-looking statements
This news release and related disclosure contains
forward-looking statements relating to the integration of the
toptable restaurant booking service into the Poynt application and
other statements that are not historical facts, including
statements regarding potential benefits of the integration. Such
forward-looking statements are subject to important risks,
uncertainties and assumptions. The results or events predicated in
these forward-looking statements may differ materially from actual
results or events. As a result, you are cautioned not to place
undue reliance on these forward-looking statements.
These forward-looking statements are based on certain key
assumptions regarding, among other things: the ability of the
Company to integrate the technology, market interest in the
integrated technology. Material risk factors that could cause
actual results to differ materially from the forward-looking
information include, but are not limited to: risks that the
anticipated benefits of the integration will not be achieved; risks
that the technology cannot be integrated as anticipated or that the
integration will function as expected, risks that the usage of the
integrated technology will not result in anticipated revenues;
risks that the integration will take longer, cost more or result in
more management distraction than anticipated; the deteriorating
economic and market conditions that could lead to reduced spending
on information technology products; competition in our target
markets; potential capital needs; management of future growth and
expansion; the development, implementation and execution of the
Company's strategic vision; risk of third-party claims of
infringement; protection of proprietary information; customer
acceptance of the Company's existing and newly introduced products
and fee structures; and the success of the Company's brand
development efforts; risks associated with strategic alliances;
reliance on distribution channels; product concentration; need to
develop new and enhanced products; potential product defects; our
ability to hire and retain qualified employees and key management
personnel; and risks associated with changes in domestic and
international market conditions and the entry into and development
of new for the Company's products.
The forward-looking statements contained in this press release
are made as of the date of this press release. Except as required
by law, the Company disclaims any intention and assumes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or
otherwise.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: FortyThree PR, Inc for Multiplied Media Corporation
Evie Smith 831-401-3175 poynt(at)43pr.com Ros Choate Head of PR 020
3311 2274 or m: 07889 232970 http://press.toptable.com
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