SAMY, The fast growing Mobile Mall partners with leading brands

SAMY Now Available in Canada

LOS ANGELES, Oct. 16, 2012 /CNW/ - MobileBits, (OTCBB: MBIT), provider of SAMY?, the fast growing Mobile Mall, today announced that it has recently signed agreements with several leading Canadian brands as it rapidly expands its mobile marketing and loyalty network throughout Canada. SAMY welcomes some of the most respected and recognizable brands in the country including Extreme Pita, Mucho Burrito, Global Pet Foods, 241 Pizza, Eggsmart, Robin's Donuts, Coffee Time, Caryl Baker Visage, New Orleans Pizza, Mama's Pizza, First Choice Haircutters and USANA.

The SAMY network offers businesses a complete mobile marketing and loyalty solution that is immediately ready to deploy. SAMY enables any merchant, retailer or brand to connect with large numbers of targeted mobile customers to help grow their sales through new customer acquisition as well as increased repeat business through digital loyalty and rewards.

"We look forward to the benefits the SAMY mobile solution will provide our restaurants, franchisors and customers," said Alex Rechichi, CEO of Extreme Brandz.

"SAMY provides us an all encompassing mobile strategy that we can easily deploy through all our brands," said Steve Michalopoulos, Vice President Brand Development of Chairman's Brands.

"This continued expansion of the SAMY network, now successfully released in its third country, confirms the value for merchants, retailers and brands," said Walter Kostiuk, Chairman and CEO of MobileBits. "Just like a real mall, SAMY, the Mobile Mall, delivers the frequency and exposure that a premium location affords, in a virtual, mobile environment."

SAMY is available in the Canadian Apple App store for download today.

For more information about SAMY, visit www.samy.net.

About SAMY

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.

About MobileBits
MobileBits Corporation is a global technology company that strengthens relationships between companies and their audience by enabling exceptional digital experiences. Our direct mobile marketing network 'SAMY' delivers valuable touch-points to mobile devices, which, in turn, drives engagement and loyalty to maximize revenue. Products include SAMY, SAMY4ME and PRINGO CONNECT.

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

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

http://www.mobilebits.com