Stagnito Business Information and Single Touch Forge Partnership To Launch Progressive Grocer Mobile

JERSEY CITY, N.J., Sept. 17, 2014 /PRNewswire/ -- Single Touch Systems, Inc. (OTC BB: SITO), a technology-based mobile media solutions provider, today announced a partnership with Stagnito Business Information, a complete provider of retail industry information, insights, and strategic communication programs for CPG retailers and suppliers, to create a location-based mobile advertising solution.

Based on its FollowMe solution, Single Touch will create a white-label offering for Stagnito Media's integrated product portfolio. Running on both iOS and Android platforms, the technology programmatically delivers targeted ads to consumers within a specified perimeter of a retail store.  Designed to be attractive to consumer packaged goods companies (CPG) to augment traditional advertising campaigns to promote brands, product awareness and product launches.

"Stagnito Business Information is a thought leader, meaningful voice and a premier information outlet aimed at the food vertical market, and we believe this solution complements traditional print and desktop advertising with a mobile advertising offering across smartphones and tablets for Stagnito," said Jerry Hug, interim CEO of Single Touch. "Similar to a channel partner structure, this agreement will enable Single Touch to effectively expand its sales force into the CPG market, which we anticipate to serve as a catalyst for growth."

"Single Touch has the ability to deliver timely, relevant mobile advertisements and messages, and we believe our customers will appreciate the mobile, location-based advertising capabilities we will gain through this partnership," said Jeff Friedman, vice president/Group Publisher of Stagnito Business Information. "PG Mobile will augment our traditional product offering, providing our customers with an additional mode of communication and advertising focused on delivering targeted impressions to consumers to drive store visits and in-store purchases."

About Single Touch Systems, Inc.
Single Touch Systems, Inc. is a technology based mobile solutions provider serving businesses, advertisers and brands. Through patented technologies and a modular, adaptable platform, Single Touch's multi-channel messaging gateway enables marketers to reach consumers on all types of connected devices, with information that engages interest, drives transactions and strengthens relationships and loyalty. For more information about Single Touch Systems, Inc. visit: www.singletouch.net

About Stagnito Business Information
Stagnito Business Information is the parent company to Progressive Grocer. As the voice of the retail food industry for nearly 90 years, Progressive Grocer's core audience targets top management at headquarters and key decision makers at store-level. From chain supermarkets to regional and local independent grocers, supercenters, wholesaler distributors, manufacturers and other supply chain trading partners, readers rely on PG for its authoritative, comprehensive, relevant, research-based editorial content and need-to-know news. 

Forward-Looking Statements 
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, our reliance on brand owners and wireless carriers, the possible need for additional capital as well other risks identified in our filings with the SEC. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Investor Contact:
Mike Bishop
The Blueshirt Group
415-217-4968
[email protected]

SOURCE Single Touch Systems, Inc.