MobileBits To Present At DealFlow Media Conference

The Largest Independent Conference for Small Cap Companies & Investors Includes MobileBits in Select List of Presenters

LOS ANGELES, Oct. 29, 2012 /CNW/ - MobileBits Corporation (OTCBB: MBIT), provider of SAMY^SM, the fast growing Mobile Mall has been invited to participate at the DealFlow Media Conference Event to be held in New York City on November 1^st, 2012. Since 2002, DealFlow Media has been the leader in producing signature deal making events. Each year, DealFlow handpicks an exclusive group of fast growing small cap companies to participate in the conference. This year, MobileBits has been invited to present its flagship product, SAMY.

"We're privileged to be selected as a presenter for this year's conference," said Dan Miller, CRO of MobileBits. "The conference comes at a great time in our continued growth and we look forward to sharing our early successes with many of the prominent investors and other organizations that will be in attendance."

SAMY, as a complete, turn-key mobile marketing and loyalty platform, enables any merchant, retailer or brand to create customized, mobile marketing campaigns that target subscribed mobile consumers, via the SAMY Mobile App, to support their revenue and loyalty objectives. The SAMY solution is an easy-to-use, cloud-based interface that can deliver real-time, location-based content, resulting in significantly higher redemption rates than traditional marketing channels.

To learn more about SAMY, visit www.samy.net

For merchant, brands and retailers interested in joining SAMY, please email sales [at] mobilebits.com

About MobileBits

MobileBits Corporation, provider of SAMY^SM, the fast growing 'Mobile Mall' that enables any merchant, retailer or brand to connect with large numbers of mobile consumers in their local area through various touch points and helps increase sales. The solution provides business a complete set of tools to connect with, create and manage mobile campaigns, deals, offers, loyalty and rewards to a subscribed mobile consumer. MobileBits operates offices in Los Angeles, Sarasota FL and Zurich, Switzerland. For more information, visit www.mobilebits.com or www.samy.net.

For more information contact:

Investor Contact:
MBC Investor Relations
[email protected]

Forward-Looking Safe Harbor Statement:

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include our ability to: attract end users; attract advertisers; our ability to successfully implement our current long-term growth strategy; as well as product demand, market competition, fluctuations in advertising payouts, delays in website & application development, technical issues beyond our control, reliance on the various platforms that we build applications on, and risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.

SOURCE: MobileBits Corporation

MobileBits Contact, Media, Brian Ehrlich, [phone], brian.ehrlich[at]mobilebits.com

http://www.mobilebits.com