FreeButton Completes Acquisition of Media Rhythm
July 11 2013 - 11:26AM
Marketwired
FreeButton, Inc. (OTCQB: FBTN) a developer of interactive web and
mobile marketing solutions to leading brands, today announced that
it has acquired Media Rhythm Group, Inc., a leading advertising
sales agency to the youth and action sports demographic. Media
Rhythm represents various media publishers including GrindMedia and
Alli Sports.
Media Rhythm packages integrated advertising and sponsorship
packages with:
GrindMedia (owners of magazines: Surfer, Surfing, Transworld
Skateboarding, Transworld Snowboarding, Transworld Motocross,
Transworld RideBMX, Transworld Business, Powder, Snowboarder,
Skateboarder, Canoe & Kayak, SUP, Bike, Dirt Sports, Off-Road
Industry, Paved, Baseball America, Slam, 28+ websites such as
SurferMag.com, TransworldSkateboarding.com, and more than 30 events
that are available for integrated sponsorships,) and
Alli Sports Network, owned by NBC Sports (owner and/or producers
of the Dew Tour, Lucas Oil Pro Motocross Tour, Octane Academy,
World of Advernture Sports, and more).
James Lynch, CEO of FreeButton, said, "Media Rhythm provides
several strategic benefits to FreeButton. It brings high value
advertising accounts which have tremendous sell-through potential
for our API product; it creates a broader pool of advertisers that
can be cross-promoted FreeButton; it brings additional, proven
revenue streams including print and social media advertising and
event marketing; and it enables FreeButton to become a more
full-service advertising firm."
Key Highlights:
- Adds immediate revenue streams and builds advertising base to
FreeButton business;
- Adds sales and marketing support;
- Diversifies revenue streams;
- Creates new sales channels for FreeButton advertising solutions
to existing MediaRhythm customer base; and
- Creates economies of scale in combined businesses while
reducing administrative costs.
This move is part of FreeButton's broader strategy to establish
and build a foothold in the burgeoning marketplace for developing
marketing solutions to the Millennial demographic audience.
For more information on the Letter of Intent and the proposed
transaction, please see the Company's latest 8-K SEC filing.
Forward-Looking Statements
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.
About Media Rhythm Group Inc.
Media Rhythm Group Inc., 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 www.mediarhythm.com.
About FreeButton, Inc.
Located in Encinitas, CA, FreeButton, Inc. is the operator and
developer of www.FreeButton.com, an advertising company that
specializes in e-commerce & advertising promotion through the
use of a revolutionary new "Instant-Win" program where Users can
attempt to win a product without signing up or entering any private
info.
Contact: James Lynch CEO & Co-Founder FreeButton,
Inc. 760-487-7772 http://freebutton.com/contact-us
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