MobiCard Inc.
aka Peer to Peer Network announces agreement for Phase 1 Platform
Release schedule and kick off of
Statement of Work (SOW) with Think Latitude
Inc.
CAMBRIDGE, MA -- March 28th,
2019 --
InvestorsHub NewsWire -- MobiCard Inc. aka Peer to Peer Network
(OTC:
PTOP) announces it has executed
agreement for Phase 1 Platform Release schedule and kick off of Statement of
Work (SOW) with Think Latitude Inc.
MobiCard, Inc. is excited to announce
the kick off and execution of the SOW with Think Latitude
Inc, in order to complete
development of the new MobiCard platform.
Think Latitude was chosen based
upon their successful completion of over 300 such projects and a
policy of accepting pay based upon performance. The Scope of Work was Executed
on March 22, 2019 and finalized with an initial kick off payment of
$25,000 to commence the project. The $289,655 contract is
expected to be completed by summers end of 2019. A follow-on
payment of $25,000 will be due in 30 days from March
22nd.
Andy Sajnani, CEO of Think Latitude Inc.
expresses, "The Think Latitude and Mobicard relationship has been
fortified
throughout the last several months as our vision of the platform
has aligned through progressive strides to advance the company with
their core technology. Our Team is intently looking forward to
providing Mobicard with top tier services which
will resonate in due time when the new Mobicard platform is
released."
Once completed
MobiCard's
new, full scale
application will work across the gamut of popular devices including
Apple IOS, Google Android and web based applications. The new
platform will be top of the line with over 384 new action items
above and beyond the old legacy product. Joshua Sodaitis CEO of Mobicard Inc. worked tirelessly over
countless hours with both Andy CEO and Misha COO of Think Latitude
to add creative contribution action items before finalizing the
contract. With the power to provide
linkage to a wide array of one's social media and incomparable data
analytics for users, MobiCard promises to bring the
traditional, printed business card fully into the digital
age. This strategic partnership,
forged by the intense vision and ambition of MobiCard CEO Josh Sodaitis, heralds the creation of a
product that will truly revolutionize the future of business
networking. The agreement reads: "If some
features are still in development for the end of Phase 1, Think
Latitude agrees to deliver them past the time frame granted they
can bring Mobicard to a market ready release after
the end of 100 business days."
Our long-standing strategic
partnership with Josh Sodaitis has become extremely
valuable for
our team at Think Latitude, as it displays his intensive vision and
undeniable ambition to create a revolutionary platform that will
change the future of business networking" states Misha Shan, COO of
Think Latitude.
MobiCard
CEO
Joshua Sodaitis
further states
"Think Latitude and I have discussed MobiCoin
being linked
into our new platform. After the former CEO halted the program for
legal review, MoibiCard
did
get a legal opinion that the MobiCoin
program is a
rewards type program, and would comply with proper regulations. We
will continue to evaluate all options for linking the
MobiCoin
with
the new technology platforms. MobiCoins
previously
issued are still valid, but the reward program is under review and
potentially will be revamped. I
excpect
to
bring it back, as it was such a popular program that drives revenue
and incentivizes people to sign up for a paid premium version of
the MobiCard. Prospects
for MobiCard
have
never been better."
MobiCard Inc. a.k.a Peer to Peer Network ("PTOP")
owns and markets its core technology, a SaaS mobile solution
branded C2A MobiCard, a scalable mobile business
card software platform that enables users to create a customized
web-based personalized mobile app that is sharable by text SMS,
email, digital and social media. Subscribers are able to track when
the card opens, views and shares all while validating and analyzing
new leads and referrals in real time, thereby knowing who and when
to follow up www.freemobicard.com
Safe Harbor
Statement:
This release includes
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. The Company invokes
the protections of the Private Securities Litigation Reform Act of
1995. All statements regarding our expected future financial
position, results of operations, cash flows, financing plans,
business strategies, products and services, competitive positions,
growth opportunities, plans and objectives of management for future
operations, as well as statements that include words such as
"anticipate," "if," "believe," "plan," "estimate," "expect,"
"intend," "may," "could," "should," "will," and other similar
expressions are forward-looking statements. All forward-looking
statements involve risks, uncertainties and contingencies, many of
which are beyond our control, which may cause actual results,
performance, or achievements to differ materially from anticipated
results, performance, or achievements. Factors that may cause
actual results to differ materially from those in the
forward-looking statements include those set forth in our filings
at www.sec.gov. The company is no longer
a fully
reporting SEC filing company. We are under no obligation to (and
expressly disclaim any such obligation to) update or alter our
forward-looking statements, whether as a result of new information,
future events or otherwise.
Joshua Sodaitis, CEO
MobiCard, Inc.
45 Prospect Street,
Cambridge, MA 02139
Phone:
1-617-651-2460
Email: info@freemobicard.com
