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WirelessDevNet.com Press Release
Poynt Corporation Engages Liolios Group to Lead Investor Relations Program
Poynt Corporation a leading provider of mobile local search services, has retained the consulting services of Liolios Group, Inc. ("Liolios Group") to lead its investor relations and financial communications program in the United States, subject to the approval of the TSX Venture Exchange.
Liolios Group is a Southern California-based strategic financial communications firm focused on small cap companies across a broad range of industry classifications. Founded in 1999, Liolios Group offers high-level capital markets consulting, strategic messaging and industry expertise.
"Poynt has generated five consecutive quarters of revenue growth, driven by increasing user adoption and a growing number of advertising clients," said Andrew Osis, Poynt Corp.'s president and CEO. "We've recently partnered with Wi-LAN to capitalize upon IP licensing opportunities, and we are expanding across mobile platforms and geographies. We've now arrived at a pivotal point in our development where it has become important to engage a team of experienced IR professionals to communicate our message to shareholders and prospective investors. Liolios Group brings a proven track record of assisting emerging growth companies in building quality, long-term relationships with investors, analysts, money managers and institutions."
In collaboration with Poynt Corp.'s management team, Liolios Group will develop, refine and help disseminate the Company's message to the U.S. investment community. Liolios Group will provide information to potential institutional and retail investors about the Company and its business and communicate on an ongoing basis with members of the investment community through conference calls and identifying investor conferences where the Company's management may be invited to attend, and targeting key influencers in the investment community. Liolios Group will also assist the Company in preparing and disseminating investor relations documents, materials and Company presentations including without limitation press releases, online communications and the Company's website.
Liolios Group does not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest, other than as disclosed below.
The agreement, which encompasses a 12-month initial term, is effective immediately and may be terminated by either party at any time with 30 days' notice. The Company has agreed to pay Liolios Group a monthly consulting fee of US$7,500 cash and will grant Liolios Group non-transferable options to purchase 1,500,000 common shares of the Company pursuant to the Company's Stock Option Plan and the policies of the TSX Venture Exchange.
For additional information about Poynt Corp., contact Liolios Group at 949-574-3860 or email info@liolios.com.
About Liolios Group
Liolios Group, Inc. is a highly selective and comprehensive investor relations firm specializing in small and micro-cap companies. The firm aims to deliver superior performance in corporate messaging and positioning, investor awareness, analyst and financial press coverage, and capital attraction. Founded in 1999 in Newport Beach, California, Liolios Group partners each have more than 15 years' experience in finance and investments, and represent clients in a wide range of industries, including consumer & retail, healthcare & bio-pharma, digital media & software, and technology. For more information about Liolios Group, please visit www.liolios.com
About Poynt Corporation
Poynt Corp. is a global leader in the mobile local advertising space. Its Location Based Search (LBS) application, Poynt (www.poynt.com), enhances a user's ability to connect with the people, businesses and events most important to them. Poynt is available on iPhone and iPod Touch, Android, Nokia QT and Windows Phone 7 devices, BlackBerry(R) smartphones and BlackBerry PlayBook(TM) Tablets in Canada, the United States, Europe and Australia. Poynt Corp. entered the mobile publishing space with the acquisition of an advertising publishing platform. Key contracts on both the supply and demand sides are in place to provide inventory into the platform and publishers to display the inventory. Whether through the Poynt Local Search App or the Ad Publishing Platform, Poynt Corp. simplifies connecting consumers with businesses, retailers and events. Headquartered in Calgary, AB, Canada, Poynt Corp. trades on the TSX Venture Exchange under the symbol PYN.
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