Resonate Blends Inc (KOAN)

[RiseandShine]

Textmunication has built an advanced “Communication Platform as a Service” (CPaaS) backbone enabling developers to add real-time communication features in their own applications without needing to build backend infrastructure and interfaces. Textmunication is also working to develop “Messaging as a Platform” (MaaP). A MaaP platform combines advanced messaging with standardized interfaces to plugins creating a richer experience for consumers, such as RCS. Textmunication is targeting its RCS solution for early 2019.

The company has one of the broadest SMS offerings in the industry by not only offering APIs to third-party developers, but also automated mobile marketing solutions for businesses aimed at engagement, retention and loyalty to its customers. Studies have shown SMS has the highest response rate of any communication channel with read-rates that are 6-8 times higher than email marketing.

“We spent a good portion of Q2 moving clients from our legacy platform to our new generation platform and completing our company restructuring plan,”, stated Textmunication CEO, Wais Asefi. While Q2 was a transitional period for us, we can now focus on delivering four new software integrations with Club Management Software partners which will increase revenue opportunities and position Textmunication in the top tier of mobile communication providers.”

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