SEATTLE, Feb. 5, 2014 /PRNewswire/ -- Imogo Mobile
Technologies Corp. (OTCBB: IMTC) and Global Digital Systems PLC
(ECM:STC), owner of SiteTalk Community Inc. are pleased to announce
plans to rapidly expand SiteTalk's popular Social Networking
Platform into the US.
Since its launch on January 16,
2009, SiteTalk has successfully leveraged its business model
for rapid growth. For example, between November 2010 and February
2014, registered membership has jumped from 400,000 to 15
million SiteTalk Members. This growth has occurred entirely without
marketing efforts in the US, with the majority of existing Members
coming from Asia and Europe.
Now SiteTalk has entered into an MOU with US technology
development company Imogo Mobile Technologies. Once the definitive
agreement is finalized, Imogo will become an integral part of
SiteTalk's global growth plan.
The partnership will grant Imogo license rights for the United States marketing and distribution
of SiteTalk. The agreement may also include licensing of the brand
name, domain name, goodwill, technology, code and intellectual
property developed and associated with SiteTalk.
The Definitive Agreement is expected to be signed on or before
May 2, 2014, subject to legal due
diligence by Imogo's legal counsel and Imogo obtaining all
requisite internal corporate approvals (which shall include a
shareholder approval by Imogo).
"Imogo is very excited about joining forces with SiteTalk," said
Imogo President and Founder, Stewart
Irvine. "Together, we can take this unique Social and
Business Networking Platform to a global stage."
Imogo will use its mobile platform and html5 technology to
mobilize awareness among particular US consumer market
segments.
SiteTalk Managing Director Frank
Ricketts commented, "This is the ideal time and the ideal
relationship to take SiteTalk to the next level—a truly global
Social Networking Platform, with a proven business model."
About Global Digital Systems PLC
Global Digital
Services PLC trades on the Cyprus Stock Exchange's Emerging
Companies Market under the symbol STC. SiteTalk Community Inc.
became a wholly owned subsidiary of GDS pursuant to a transaction
that closed on July 30, 2013.
Presently, Global Digital Systems PLC's sole asset is SiteTalk
Community Inc., a multi-functional and multi-lingual social
networking platform that enables members to connect, communicate
and create business opportunities.
Contact Information
UK
Phone: +44 (0) 207 718 0067
Address: 37th Floor, 1 Canada Square, Canary Wharf, London E14 5AA, United Kingdom
About Imogo Mobile Technologies Corp. (Imogo):
www.imogo.com
Imogo is the first, only and best company with all-in-one secure
mobile office services and solutions for the hottest trends in
today's market: email, cloud computing, mobility, bring your own
device (BYOD), smartphones and tablets.
Cautions About Forward-Looking Statements
This news
release contains forward-looking statements. Because these
forward-looking statements involve risks and uncertainties, there
are important factors that could cause our actual results to differ
materially from the expectations expressed in the forward-looking
statements. Forward-looking statements are based on information as
of January 2014, and we do not
undertake any duty to update any forward-looking statement or other
information in these materials.
Contact for Imogo Mobile Technologies
Corp.:
Stewart Irvine
Imogo Mobile Technologies Corp.
stewart@imogo.com
1.888.666.0951
SOURCE Imogo Mobile Technologies Corp.