Company Actively Expanding Distribution and Pursuing Acquisition Strategy to Grow Revenue, Enhance Product Offerings and Bolster IP Portfolio
PHOENIX, AZ–(Marketwire -05/16/12)- Carbon Credits International, Inc. (CARN.PK) (www.carboncreditsinternational.com), and its state of the art, mobile commerce and technology brands Text-a-Day (www.textaday.com) and Text-4-Faith (www.text4faith.com), announced today that sales revenue growth for the first quarter increased by more than 500% to $64,879.72, compared to $10,541.13 in the prior quarter, setting the pace for rapid expansion in 2012. The growth is attributed to expanding distribution channels and successfully securing key client relationships with leading organizations such as: Penn State University; Jamal Bryant Ministries; Paperless Transaction Corporation; Dunham+Company; Maestrosoft.
“We are very pleased with our revenue growth in Q1 and the success of our distribution channels in both securing new client relationships and growing existing business,” stated President, Greg Lambrecht. “The objective for 2012 is rapid growth, both organically and through acquisition. We have started the year strong and are keenly focused on further building momentum in the market.”
Carbon Credits International, Inc. is building leading, mobile technology brands that are focused on enabling organizations (e.g. brands, universities, ministries, charities, political campaigns, etc.) to leverage the unique capabilities of the mobile device to more effectively engage a target audience in areas of mobile commerce, marketing and charitable giving. By example, Text-a-Day and Text-4-Faith are enabling successful mobile giving campaigns, via the mobile phone, for non-profit organizations. Charitable giving in the United States approaches $300 billion, annually, of which 70+% is donated by individuals, the vast majority of whom own a mobile device. A third of this market, $100 billion, is channeled to religious entities. The Text-4-Faith platform provides targeted services allowing ministries to engage members with enhanced communication and enabling their ability to donate via their mobile phone. Similarly Text-a-Day provides these capabilities for any non-profit organization focused on engaging supporters and driving fundraising. Additionally, Text-a-Day provides brands with the ability to effectively engage consumers with targeted marketing campaigns that drive transactions through its mobile commerce platform. Mobile devices are rapidly changing how organizations interact with individuals and Carbon Credits International, Inc., and our market leading brands provide state of the art platforms and services enabling our clients to successfully leverage the mobile evolution to their advantage.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.