PLEASANT HILL, CA, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Textmunication Holdings, Inc. (OTC PINK: TXHD), a cloud-based mobile SMS marketing platform provider, released its Q2 2018 report with revenues reaching $491,124 for the six months ending June 30, 2018. Textmunication is projecting a year-end revenue run-rate of $1.4 million. The Silicon Valley-based firm provides mobile marketing services including Application Programming Interfaces (APIs) and automated SMS (AutoSMS) solutions for health clubs, beauty salons, entertainment and hospitality sectors. Textmunication concluded its share structure reorganization on July 9th by reducing its Outstanding Share count to 3,975,519.
Textmunication held its first advisory meeting last week with a focus on expansion into new markets, developing Rich Communication Services (RCS) and adding an artificial intelligence layer to its Smart Automated Messaging (SAM) platform. CIOReview recognized Textmunication and SAM with its “Top 20 Most Innovative Digital Marketing Providers of 2018”. The meeting also focused on technology collaboration with the advisor’s network which includes mobile video, social media and software firms.
Textmunication has built an advanced “Communication Platform as a Service” (CPaaS) backbone enabling developers to add real-time communication features in their own applications without needing to build backend infrastructure and interfaces. Textmunication is also working to develop “Messaging as a Platform” (MaaP). A MaaP platform combines advanced messaging with standardized interfaces to plugins creating a richer experience for consumers, such as RCS. Textmunication is targeting its RCS solution for early 2019.
The company has one of the broadest SMS offerings in the industry by not only offering APIs to third-party developers, but also automated mobile marketing solutions for businesses aimed at engagement, retention and loyalty to its customers. Studies have shown SMS has the highest response rate of any communication channel with read-rates that are 6-8 times higher than email marketing.
“We spent a good portion of Q2 moving clients from our legacy platform to our new generation platform and completing our company restructuring plan,”, stated Textmunication CEO, Wais Asefi. While Q2 was a transitional period for us, we can now focus on delivering four new software integrations with Club Management Software partners which will increase revenue opportunities and position Textmunication in the top tier of mobile communication providers.”
Text TXHD to shortcode 87365 to sign-up for news alerts and announcements via SMS.
About Textmunication Holdings, Inc.
Textmunication Holdings, Inc. (“TXHD”) is a leading mobile marketing solution provider helping thousands of clients across North America improve engagement, retention and loyalty with their members. Based in the heart of Silicon Valley, Textmunication leverages its dynamic SMS software platform delivering robust APIs and integrated mobile marketing solutions in markets such as health and fitness, beauty salons, sporting events, hospitality, entertainment and digital marketing firms. The company’s new software platform named “Smart Automated Messaging” (SAM) - provides a powerful nonintrusive and valued-added engagement tool capable of delivering more than one billion SMS per month. CIOReview Magazine recognized Textmunication as one of the “Top 20 Most Promising Digital Marketing Solution Providers” in its annual 2018 edition. Textmunication offers cutting-edge technology with upcoming solutions such as Rich Communication Services (RCS). Textmunication was chosen as an early adopter of RCS by a leading mobile messaging provider which could create a paradigm shift in the text messaging world with rich images, videos, chat box features and multi-media in a single text. Textmunication is also minority owner of Aspire Consulting Group LLC, a government consulting firm located in the Washington, D.C. area. To learn more about Textmunication, visit our website at www.textmunication.com
Safe Harbor Provision:
Except for the statements of historical fact contained herein, the information presented in this news release constitutes “forward-looking statements” made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect Textmunication Holdings’ current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in Textmunication Holdings’ filings with the Securities and Exchange Commission. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and any document referred to in this press release.