DND Technologies has Announced that its Wholly-Owned Subsidiary, Cinturi, has Reached Agreement to Launch a Mobile Supermarke...
23 February 2013 - 10:35AM
OTC Markets
DND Technologies, a diversified holding
company that acquires, invests in, and partners with next
generation start-ups and established businesses to bring new
or improved
products to market today announced that Cinturi, one of its
wholly-owned
subsidiaries, has reached agreement to launch a mobile supermarket
shopping
platform in Curitiba, Brazil.
Using a proprietary mobile payments
technology, and working with the agreement of a network of
supermarkets, Cinturi
is preparing to launch a mobile supermarket shopping platform in
Brazil.
A Chief Technology Officer, Ivan
Silva, the
developer of the M-Code One mobile payments solution was engaged
several weeks
ago to oversee the pilot project in Curitiba,
Brazil.
The pilot project will be
designed to
identify and correct any technology issues before the full
launching.
Management believes that this
project will deliver
exceptionally good value to shareholders.
Cinutri is a mobile supermarket shopping and
payments platform that
allows users to order items from participating supermarkets using
the Centuri
application (“App”) on their mobile phones, and have those goods
delivered to
their homes or another location immediately or at a requested time
by
supermarkets in their delivery area.
After registering for the service, users
will be able to buy their
required products with a few strokes on their cellular phones
without the need
to go to the supermarket. Using their
Cinturi App, they will also be able to be able to shop in a
supermarket without
using a physical shopping cart or stopping at the cashier, in
confidence that
the purchased goods will be delivered to their desired
address.
They will also will be able to
have “cash
back” delivered. User/investor
discussions are currently underway in Asia pending completion of
the pilot
project.
Additional information on the project
will
be the subject of another press release very shortly, and a website
being
developed presently at www.cinutri.us will have
detailed information on the project, including financial
projections, and will
be updated regularly so that shareholders in English Speaking
countries may
follow the developments. After the
pilot, the website www.cinutri.com will be
developed into the Portuguese operational web portal for local use
by businesses
and consumers in Brazil.
Safe
Harbor Statement
Matters
discussed in this press release contain forward-looking statements
within the
meaning of the Private Securities Litigation Reform Act of 1995.
When used in
this press release, the words "anticipate," "believe,"
"estimate," "may," "intend," "expect"
and similar expressions identify such forward-looking statements.
Actual
results, performance or achievements could differ materially from
those
contemplated, expressed or implied by the forward-looking
statements contained
herein. These forward-looking statements are based largely on the
expectations
of the Company and are subject to a number of risks and
uncertainties. These
include, but are not limited to: the impact of economic,
competitive and other
factors affecting the Company and its operations, markets, product,
and
distributor performance.
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