MoPals Announces Appointment of Loyalty Industry Innovator to its Executive Team
TORONTO, June 26, 2013 /PRNewswire/ - MoPals.com Inc. ("MoPals"), an emerging social media platform focused on rewarding its members for their social influence and brand ambassadorship, today announced that it has appointed to its management team Mr. John Coombs as Senior Vice President of Business Development and Strategy.
"John is an ambitious, entrepreneurial business development professional with years of experience in the loyalty industry," said MoPals founder and CEO Alex Haditaghi. "He is a strategic thinker and a leader in behavior change loyalty."
John Coombs was instrumental in launching the Air Miles (a division of Alliance Data Systems: ADS) reward program's innovative and successful Air Miles for Social Change initiative where he led business development. As a founding member of this initiative, he helped to evolve the traditional boundaries of loyalty programs by developing unique, value-creating programs that rewarded consumers for behavior change, not just their spending at retail.
"John's understanding of the loyalty industry, social media and the mobile space, combined with his business development expertise, is a powerful complement to the MoPals management team," said Haditaghi.
About MoPals
MoPals.com Inc. (OTCBB: MOMO) is an emerging, publicly traded company with a unique, mobile-based platform that bridges the gap between social media and reward programs. An experiential and Big Data-driven platform, MoPals rewards its members for both social and transactional behaviors. MoPals uses an exclusive digital currency, MoMiles™, to foster an exciting community where consumers are rewarded for making purchases at participating businesses, as well as engaging in a wide range of social media activities that enhance brand value. For more information, visit the company website at www.mopals.com
Forward Looking Statements
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.
SOURCE Mopals.com Inc.
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