Communicators

Crowd Mobile enters licensing agreement with AdsMetric

ï‚·           Crowd Mobile enters exclusive agreement with Melbourne-based content developer AdsMetric Group to license and distribute premium social messaging platform “Krafty”

ï‚·           License deal demonstrates Crowd Mobile’s strategy of broadening its content offering and leveraging its global m-Payments platform

ï‚·           Agreement is expected to generate an additional source of revenue for Crowd Mobile
 

Crowd Mobile Limited 5th August 2015 (ASX: CM8, FWB-XETRA: CM3) is pleased to announce that it has entered into an exclusive agreement with AdsMetric Group (AMG); an Australian based content developer.  The agreement allows Crowd Mobile to license and distribute AMG’s new premium social messaging platform “Krafty” through the Crowd Mobile platform, leveraging its global m-Payments capabilities.

Commenting on the agreement, Crowd Mobile Chief Executive Officer Domenic Carosa said: “We are very excited about the AMG licensing agreement and being able to distribute new content to our customers across our platform. By leveraging our existing customer network and global m-Payments capabilities, we are adding an additional revenue source for the business.

Krafty has the power to seamlessly convey trending social media conversations and topics with a single moving image via SMS which can be forwarded to other friends, subsequently creating a ‘viral loop’ to rapidly increase the products user base.

Crowd Mobile is currently connected to over 70 mobile operators globally in over 25 countries. The service is expected to be launched in Australia in late August before being rolled out internationally to the remaining Crowd Mobile markets.

“We look forward to building on the Crowd Mobile strategy of both creating and licensing content which leverages our global m-Payments network”, said Mr. Carosa.

Track Acquisition Update

The Company has recently completed another investor roadshow with meetings in Asia, USA & Europe and the Company will update the market shortly.

-ENDS-

For further information please contact:

Domenic Carosa                                                       

Chief Executive Officer                                         

M: +61 411 19 69 79                            

E: dom@crowdmobile.com             

Eric Kuret

Investor relations, Market Eye             

M: +61 417 311 335

E: eric.kuret@marketeye.com.au

Phone: 1300 034 045 / +61-3-9020-1468
2/534 Church St, Richmond Melbourne VIC 3121 Australia
www.crowdmobile.com

About Crowd Mobile

Crowd Mobile is a global m-Payments, mobile entertainment and micro job network that allows customers globally to crowd source answers to their much-needed questions and pay a small fee for each answer received. Crowd Mobile operates in Australia, NZ, UK, Ireland, France, Germany, Austria, Belgium, Portugal, Spain, The Netherlands, Switzerland, Italy, Poland, Norway and Turkey across over 10 languages. Crowd Mobile answered more than 3.4 million questions in FY14.