Science & Technology
Science and Technology
Science and Technology
Thu, February 5, 2009 Socialwise to Launch New Investor and Corporate Communications Program
SAN DIEGO--([ BUSINESS WIRE ])--Socialwise, Inc., a wholly owned subsidiary of ideaEDGE, Inc. (OTCBB:IDAE), and developer of integrated eCommerce payment solutions and social network group gifting platforms, today announced the launch of a new investor and corporate communications program. Socialwise's new Executive Update communications initiative will provide frequent updates to investors, analysts, business partners and other key audiences, and will complement the company's existing public relations and communications efforts.
Socialwise's new initiative will debut on Tuesday, February 10, 2009, when the company will make its first Executive Update available at [ http://www.socialwise.com ]. Socialwise CEO Jim Collas will provide an overview of recent developments in the areas of partnerships, technical progress and business development activities in the form of a narrated slide presentation. The company initially plans to provide the updates twice per month via audio casts and narrated presentations by members of its executive team.
"Developments for Socialwise are happening so quickly that we decided to create new ways of reaching out to customers, business partners and investors," noted Mr. Collas. "We are attempting to more proactively communicate – with the goal of keeping everyone informed about our corporate progress. This is an ideal time to be at the intersection of eCommerce and social networking. We hope to convey to our stakeholders our view of the outstanding opportunities available to us."
Socialwise's Executive Update program follows the company's recent announcement that it has selected Bite Communications as its public relations agency of record to formally introduce Socialwise's [ BillMyParents ] application to consumer, investor, and business audiences. In addition to the launch of BillMyParents and Socialwise's Group Gifting platform, the company also announced that it has recently secured distribution agreements with more than 30 retail partners for its Group Gifting program.
About Socialwise, Inc.
Socialwise, Inc. combines the explosive growth of targeted online commerce, application development, and group interaction by developing platforms that integrate traditional eCommerce products and services into the latest social network applications such as Gimme!™ and BillMyParents™. Socialwise™ also enables application developers access to its platforms and tools needed to build and integrate eCommerce transactions into their applications. Socialwise, Inc., a wholly owned subsidiary of ideaEDGE, Inc., is headquartered at 6440 Lusk Blvd., Suite 200, San Diego, CA 92121 and can be contacted at 858-677-0080 or [ www.ideaedge.com ].
Certain statements contained in this press release are "forward-looking statements" within the meaning of federal securities laws, including, without limitation, anything relating or referring to future financial results and planned business activities. Such statements are inherently subject to risks and uncertainties, which include, without limitation, those in Company reports filed with the SEC. The Company can give no assurance that such expectations will prove correct. Future events and actual results could differ materially from those statements.
