Mobiquity Technologies, Inc. (OTCQB: MOBQ), a leading mobile location data intelligence companytoday announced a platform partnership with SoMedia, a leading international media technology solutions company focusing on Latin America, whose clients include Fortune 500 companies. The partnership gives SoMedia access to Mobiquity Networks’ platform to run media campaigns for their clients and gives Mobiquity a strong initial foothold in Latin America and an immediate new revenue stream.
The Mobiquity platform provided to SoMedia is a full end-to-end media solution, which includes its own AdServer, DSP, DMP and Ad-quality control solution. Mobiquity’s platform is also integrated into hundreds of supply and demand side partners and offers extremely precise location-based audiences and targeting, machine learning for optimization and post campaign attribution.
“SoMedia is a cutting-edge media company with an outstanding staff and impressive client roster. We believe this relationship will be extremely beneficial to all parties and we look forward to working with SoMedia in both the USA and Latin America to bring a cost-effective media solution to their clients” stated Mobiquity Technologies CEO, Dean Julia. He continued, “As we recently announced in our Shareholder update, we are highly focused on getting to cash flow positive by year end. I believe this new revenue stream will get us one step closer to achieving that goal.”
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Andrea Tonicelo founder of SoMedia, said “We always put our client’s needs first and our goal is to provide outstanding campaign results, with full transparency and increased ROI for our client, andI believe working with Mobiquity Networks and their very impressive state-of-the-art platform allows us to do that”.
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