SAMY Makes Official North American Debut in Toronto

LOS ANGELES, Nov. 26, 2012 /CNW/ - MobileBits Corporation (OTCBB: MBIT), provider of SAMY(SM), the fast growing mobile marketing and loyalty network, is officially launching SAMY in Canada on November 29^th. As part of the launch, MobileBits has organized an invitation only event at Trattoria Mercatto, at the Eaton Center in downtown Toronto, for selected media, partners, investors, retailers, merchants and brands to officially introduce, SAMY, the 'Mobile Mall'.

Already representing thousands of local merchant locations, SAMY is quickly becoming the trusted mobile marketing platform for brands, retailers and merchants that want to stay engaged with their customers on their mobile devices.

"We've been eagerly anticipating this moment to continue to expand the SAMY network and meet the growing mobile marketing needs of brands, merchants and retailers," said Walter Kostiuk, CEO of MobileBits. "The success we've had in Europe was a great catalyst and proving ground to now meet the needs of businesses in North America."

SAMY is a '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.

To learn more about SAMY for business, visit http://samy.net/?page=business/overview or email [email protected].

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:

Press & Investor Contact:
Brian Ehrlich
MobileBits
P: 941-225-6103
Email: brian.ehrlich [at] mobilebits.com

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

http://www.mobilebits.com