Singlepoint Inc (SING)

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News...

PHOENIX, AZ, Apr 01, 2014 (Marketwired via COMTEX) -- Singlepoint, Inc. (OTC: SING), a state-of-the-art mobile technology company and full-service mobile marketing company, is pleased to announce that its recently announced partnership with Worldwide Internet, Inc. (OTC: WNTR) has effected a breakthrough opportunity for SinglePoint(TM) and its proprietary mobile donations platform.
As WNTR announced last week, it has acquired state-of-the-art technology company, I-Texts, Inc., who recently signed an agreement with a global services company to expand its strong and growing platform. As announced, I-Texts has more than 300 charities and 400 independent representatives in its database, and is market-ready to accept advertising business to reach its loyal supporters with beneficial offers and opportunities.

As Worldwide Internet's payment solutions partner, SinglePoint and its dynamic mobile donations platform will be promptly introduced to I-Texts for access to the 300+ charities toward mutual benefit and additional revenue streams for SinglePoint(TM).

Opt-in codes have been implemented for the strategic partnership, and can be accessed by texting ITEXT to 37284. Shareholders are welcome to opt-in for discounts, news and more.

"As we continue to harvest contracts and partnerships in the emerging medical marijuana segment for Pay-By-Text(TM), we are successfully expanding existing platforms well within our existing business lines," states SinglePoint(TM) CEO, Greg Lambrecht.

"The recent agreement with Worldwide Internet has effected a tremendous opportunity for our Mobile Donations platform, and we expect the relationship to be a key factor in overall brand expansion and increase in shareholder value."

Mobile Donations is a multi-billion dollar market. As reported by Forbes in a piece on the rise of mobile marketing, "New technologies and payment systems have made it possible for nonprofits to benefit from micro donations that had previously been too costly to process. In fact, in 2012 micro donations outpaced their macro counterparts. According to PayPal data, the average donation size globally decreased by $0.71 last year, while the number of global donations to nonprofits increased by 20 percent -- a change illustrative of the fact that even as macroeconomic factors continue to place downward pressure on the ability of people to give, the importance of being able to process micro donations is growing."

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