Singlepoint, Inc. (SING) Posts Quarterly Revenues Boosted by Recent Six Sigma Acquisition

Singlepoint, an innovative mobile technology and full-service mobile marketing company, has reported its most recent quarterly results to OTC Markets, posting revenues of $1.1 million for the quarter ended September 30, 2013.

The acquisition of Six Sigma Services, Inc. are included the company’s assets, which have revenue benchmarks of up to $2 million in revenues attached. Singlepoint said it is confident these benchmarks will be achieved, providing additional growth to the company’s revenues.

“We are very pleased, but not surprised, with the recent revenue growth success for Q3 2013,” Greg Lambrecht, CEO of SING stated in the news release. “Six Sigma marked a significant transaction as part of our overall initiative to identify and acquire technology and companies we believe will be driving forces to increasing our bottom line, brand recognition and overall growth in shareholder value.”

As Singlepoint continues to grow its brand and execute an aggressive business strategy, the company says it is looking to acquire additional assets and intellectual property and will issue updates and details in the future.

“A primary objective is to foster a thriving brand that can continually evolve alongside advancements in technology,” said Lambrecht. “We are currently active in SMS campaigns, mobile auctions, mobile donations, communication interface and infrastructure, and also mobile payment solutions for small businesses and large enterprises. Customer attainment is on the rise as we continue to build the company in a cost-efficient manner, which I believe will result in exponential returns for shareholders in the near and distant future.”

In the last two quarters the company has successfully entered into strategic alliances, licensing agreements and acquisitions, a pattern the company said it expects to continue to drive exponential increase in its customer base.

For more information, visit www.singlepoint.com

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