PhX Media Group Signs Agency Agreement with Denarii Systems

MIAMI, Dec. 23, 2010 /PRNewswire/ -- PhX Media Group and Denarii Systems today announced the signing of an agency agreement wherein Denarii allows PhX Media to develop commercial opportunities where Denarii Technologies could add considerable value.

PhX Media Group, will tap into its longstanding commercial relationships with media and other companies to bring new commercial opportunities to Denarii. PHX will work alongside Denarii in order to deliver innovative payment solutions linked to advertising, mixed-media and mobile marketing campaigns that create new business models distribution channels and revenue streams for companies via mobile phones.

"We are very excited with the opportunity of developing our business relationship with Denarii Systems and confident that through our collaboration we will deliver the most innovative mobile commerce solutions throughout the United States and Latin America. By combining our varied experiences, skill sets and industry relations, we can expect to revolutionize the markets in which we operate by creating new business models and creating sustained loyalty for our clients benefit via mobiles," said Paul Gimenez, Executive Director at PhX Media Group.

PhX Media Group is a leading digital marketing and electronic commerce agency focused and inspired by a mobile lifestyle, music, entertainment, action sports, and its participants.

Driven by proven entertainment, advertising, and mobile marketing experts, PhX Media, executes mixed media ventures that are truly innovative—captivating, and that communicate to the elusive X/Y demographics.

Denarii Systems is an International Financial Transaction Processor, which provides end-to-end transaction processing technology to implement stored value card programs and mobile banking services. Denarii focuses on engineering, implementing and maintaining innovative stored value programs with partners and customers.

Edward Moffly, Denarii's CFO, states, "We believe that with the extensive mobile marketing experience and  client base of PHX many outstanding projects involving the use of our technologies and processing capabilities will come to fruition."

About Denarii Systems -- Denarii Systems, www.denariisystems.com, offers payment and information services across its hosted electronic transaction platform focusing on mobile-based delivery of financial and payment services. From its Miami office the company serves a global customer base by providing end-to-end mobile linked stored value solutions to banks, telecoms, retailers, and government. consultants.

SOURCE PhX Media Group