Single Touch Systems Analyst Coverage Continued: Recent Acquisition Serves as Catalyst for Brief Report by Small Cap IR

NEW YORK, Oct. 2, 2014 /PRNewswire/ -- Research Report by Small Cap IR - Single Touch Systems, Inc. (OTCQB: SITO) provides mobile media solutions for retailers, advertisers, and brands in the United States. The company offers patented technologies and a modular, adaptable platform, and multi-channel messaging gateway that enables marketers to reach consumers on various connected devices. Its principal products and services comprise Messaging and Notifications, a short message service gateway that provides a channel for retailers to communicate with their brand loyalists; Abbreviated Dial Codes; Campaign Management and Analytics, a Web interface that allows clients to manage and segment messaging campaigns with customized reporting tools; FollowMe, a mobile app that delivers location based mobile ads.

More recently the Company has acquired technology partner, DoubleVision Networks, a privately held mobile audience buying and targeting platform.  DoubleVision Networks provides the real time bidding software that dynamically assesses the open mobile advertising inventory across numerous supply side platforms to programmatically purchase the optimal advertising inventory, thereby driving a higher return on investment for its marketing clients. Single Touch has partnered with DoubleVision and utilized this technology for its "Followme" product.  Following the acquisition in short order other major changes were announced including the appointment of a new interim Chief Executive Officer with the former Executive Vice President of Corporate Development replacing James Orsini, who departed on September 19, 2014 to pursue other opportunities.  Simultaneously, the company announced that the executive change does not alter any aspect of the company's outlook.

Technically a range breakout setup is forming which could provide an attractive trading opportunity for aggressive short term traders and speculators.

An analyst report which details the current situation, an overview of the company and analyst comments can be viewed in its entirety by using the link below. There is no cost obligation required to view this report: 

http://bit.ly/-SITO-AnalystBrief

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