|By Marketwired .||
|August 9, 2013 04:02 PM EDT||
SEATTLE, WASHINGTON -- (Marketwired) -- 08/09/13 -- Imogo Mobile Technologies Corp. (OTCBB:IMTC) and SideBuy Technologies Inc. (SideBuy.com) have signed a Memorandum of Understanding that will see Imogo acquire SideBuy.com's unique daily deal and coupon aggregator technology. The MOU will also see the two companies work collaboratively to further develop the technology for various uses and mobile devices.
"Under the MOU, Imogo will work with SideBuy to identify, develop and implement underutilized existing and expansion capabilities of the aggregator technology. The goal is to provide more engaging consumer experiences that in turn will be of significant market appeal and create additional revenue and shareholder value," said Stewart Irvine, Founder and CEO of Imogo.
"The MOU is an important step forward for SideBuy.com and our desire to fulfill a vision we have long held for the technology. We are looking forward to working with Imogo for the acquisition of the technology and a collaborative working relationship," says Co-Founder and CEO of Sidebuy Technologies Inc., Ramin Behzadi.
Imogo noted that when the parties enter into a definitive agreement, an announcement with additional details will be made.
About Imogo Mobile Technologies Corp.:
Imogo provides secure cloud computing, mobility services and solutions and continues to set the mobility standard for the "Bring Your Own Device" (BYOD) industry. We empower businesses through the provision of customer-centered approaches that enable advanced cross-platform mobile solutions, establish greater market presence and increase revenues - all while simultaneously reducing operating costs. Imogo and its partners uniquely empower companies to drive business results through rapidly deployed mobile applications.
To learn more about Imogo visit www.imogo.com
About SideBuy Technologies Inc.:
Simply put, SideBuy.com is a daily deal aggregator. Each day all deals offered by hundreds of providers in all cities across Canada, USA, the UK and Australia are found and listed on SideBuy.com. Since the launch of Sidebuy.com over one million deals from restaurants, spa's, travel to major retailers have been offered. Deals can be sorted by their price, discount offered, deal categories and more options. Using the map function, one can have a visual view of the deals around him/her and browse through them. Users may also add their desirable deals to their watch-list and ask SideBuy.com to follow up and update them of upcoming deals of their interest in any city or market.
To learn more about SideBuy visit www.sidebuy.com