Tuesday, February 14, 2012

CommerceTel Corp. (MFON) Mobile Technology Now Used in Over 3,000 Locations

CommerceTel Corp., an leading provider of proprietary mobile marketing technologies and solutions, announced today that its mobile marketing technology is being used by local advertisers in more than 3,000 locations across the U.S.

CommerceTel’s cloud-based mobile advertising platform enables local and national business owners to increase sales and customer engagement at a fraction of the cost of newspaper, radio, online, and outdoor ads. Customers have found the service to be flexible and highly effective, with more than 97% renewing their initial contracts. In the past twelve months alone, the net number of active local advertiser locations using CommerceTel’s mobile marketing solutions increased by approximately 255%.

“We are extremely excited to deploy our technologies in over 3,000 of our customers’ locations,” stated Dennis Becker, CEO of CommerceTel.” It demonstrates our value proposition and ability to quickly sign and activate new customers. In the past three months alone, we have successfully activated over 325 new clients with a combined 746 locations across the country. With over 560,000 retail restaurant and foodservice locations in the U.S. alone, we have significant greenfield opportunities ahead.”

CommerceTel’s long list of customers include CNN, Disney, Sony Pictures, AT&T, Verizon, USA Network, numerous professional sports franchises, the Golf Channel, and NBC Universal, to name a few. For more information on the company, visit www.commercetel.com

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