Mobile Integrated Systems' Mobilotto Software Powers Hospital Charitable Foundation Lottery For the second time Mobile Integrated Systems selected to provide mobile infrastructure to $100 per ticket lottery
TORONTO, Nov. 8, 2012 /PRNewswire/ -- Mobile Integrated Systems, Inc. (OTCUS:MIBI), operating through its wholly-owned subsidiary Mobilotto Systems, Inc. ("Mobilotto"), today announced its second deployment of a mobile lottery application for The Princess Margaret Hospital Foundation Lotteries. Available on Android and BlackBerry devices, the applications and related cloud-based infrastructure allow users to register, receive notifications and order tickets directly from their mobile phones. The iPhone version will be released soon, as until recently lottery apps were not allowed in the Apple App Store.
"This deployment marks the second time Princess Margaret Hospital Foundation has deployed the Mobilotto family of software products to power their Lottery," said Murray Simser, President and CEO of Mobile Integrated Systems.
The Princess Margaret Hospital Foundation Lotteries have raised more than $227 million since 1996.
The secure mobile lottery application for smart phones enables The Princess Margaret Hospital Foundation Lotteries to accept ticket orders, collect statistics and demographics, and update subscribers amongst other key features. According to the Canada Revenue Agency, there are more than 80,000 registered Charities in Canada. Charitable donations exceed $8B annually in Canada and $275B in the United States. To learn more about the advantages and benefits of the solution please visit www.mobileintegratedsystems.com.
About Mobilotto Family of Products
The cloud-based Mobilotto software enables secure lottery play on mobile devices by providing a comprehensive solution custom-tailored to each operator's regulatory environment, security needs, and player features. The Mobilotto solution combines secure electronic transactions, familiar game play, location and jurisdictional verification, player registration, and player analytics into a comprehensive mobile solution. It also introduces a secure direct distribution channel between the authorized lottery license holder and the consumer, reducing the reliance on traditional distribution methods and one-way communication channels. Transactions are debited directly from either lottery operator stored value accounts, or other methods. Winning ticket holders are notified directly on their mobile devices. The system also enables players to review past transactions and winnings, and edit application preferences. The Mobilotto solution can be made available for most Smartphones and mobile handsets, including Android, BlackBerry, iPhone, Full Featured Phones and Other SMS-Enabled Devices.
About Mobile Integrated Systems, Inc.
MIBI, a Nevada corporation, is a technology company focused on developing and deploying mobile products and transaction systems to a variety of industry sectors including lotteries, gaming, transportation, telecommunications, finance, and others. The company trades on the OTCUS under the symbol MIBI. More information can be found at: http://mobileintegratedsystems.com/
This press release contains "forward-looking statements" as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Such forward-looking statements are inherently uncertain. Our actual results may vary materially from those expressed in any forward-looking statements as a result of various factors and uncertainties. MIBI cannot provide assurances that any matters described in the press release will be successfully completed or that MIBI will realize the anticipated benefits of any agreements, specifically including whether the Agreement will close as described herein, otherwise or at all and whether any revenue will be generated under the terms of the Agreement.
Various risk factors that may affect MIBI business, results of operations and financial condition are detailed from time to time in the Annual Report on Form 10-K and in the Current Reports on Form 8-K and other filings made by Mobile Integrated Systems, Inc. with the U.S. Securities & Exchange Commission. MIBI undertakes no obligation to update information contained in this release.
SOURCE Mobile Integrated Systems, Inc.