Tuesday, June 10, 2014

Consorteum Holdings (CSRH) to Develop Mobile App with Bet Butler Limited

Consorteum Holdings, an international transaction management and mobile solutions provider, today reports that its wholly owned subsidiary, ThreeFiftyNine, Inc. (“TFN”), has entered into a development contract with Bet Clearer Ltd., the parent company of Bet Butler.  The move is aimed at developing a mobile application for Bet Clearer’s existing web-based betting concierge service.

In the agreement, TFN moves Bet Clearer’s mobile solution onto the ThreeFiftyNine mobile platform. The TFN hybrid mobile platform assists in securing economical delivery of mobile content across a variety of mobile devices. TFN simplifies the delivery of a rich mobile experience to the end user by taking care of issues such as compliance, administration and distribution of mobile content to any handset. The strategy is to reduce the complexities of the mobile world and make it easier to publish digital content.

The contract enables the development, completion and release of a full mobile app for Bet Clearer. Terms of the deal involve an upfront development fee and a joint-revenue share between the two companies for revenues going forward. The distribution plan calls for a beta release in the UK in Q4 of 2014 with future markets on the horizon.  With the mobile app in its development phase the parties will continue discussions regarding ongoing business arrangements and potential revenue share and partnership opportunities.

Andy Hosie, managing director of Bet Clearer, commented, “Upon evaluation of numerous mobile solution candidates, we are pleased to announce our decision to partner with TFN. The ability of their new cloud-based computing platform to deliver our core services to any mobile device was a clear winner for us. Their platform will provide the perfect solution to our mobile gaming needs.”

Craig Fielding, CEO of Consorteum and president of TFN, said, “Today’s announcement expands further on our previous release with Bet Clearer and lays the foundation for many more exciting regional rollouts. We are excited to initiate our launch in the UK and providing Bet Clearer’s customers the convenience and security that the TFN mobile platform provides.”

Consorteum is a mobile publishing and transaction management company with business endeavors centered on transaction processing, including its suite of mobile offerings, delivery of mobile content, mobile payments solutions and products through a mix of partnerships, license agreements, and joint venture revenue share models.

For more information visit www.consorteumholdings.com

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.


Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks Daily Videos http://videocharts.qualitystocks.net

 The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net

Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net

No comments: