On 23rd October’14, BrilliantPennyStocks.com initiated coverage on TXTM. The stock moved up by 66.67% since the coverage was initiated.
PROTEXT MOBILITY INC (OTCMKTS:TXTM) the mobile communications software developer, is seeing a selloff in current trading session as the stock has lost close to 33.33% to trade at $0.0002. Much of the bullishness in the stock was driven by recent offerings such as DriveAlert computing solutions for Distracted Driving dealerships.
DriveAlert: OBD-II Technology platform
PROTEXT MOBILITY INC (OTCMKTS:TXTM) innovative and path-breaking OBD technology platform is a texting-blocking solution. DriveAlert will block nearly most driving distractions via mobile – emails, texting, and social media application as well as video or camera functions.
The blocking solution needs to be enabled in vehicles for it to block mobiles that may be used while driving.
Protext mobility specializes in developing application and trusted solutions for businesses to monitor and control or curb mobile communications features. Typically it is used to restrict employee texting or other distracting uses during driving. Brand Protext mobility solutions include SafeText, DriveAlert, besides ComplaintWireless.
In recent times, DriveAlert has been garnering consumer interest, prompting Protext to offer partnerships with auto-dealers.
On September 23, the company announced further expansion, in terms of auto-dealerships for its most deployed auto-blocking for texting, with East Hills Auto Group.
Success with auto dealers East Hills
After a successful at one of the auto company dealerships, PROTEXT MOBILITY INC (OTCMKTS:TXTM) has now expanded the same agreement to cover all of East Hills dealerships. These are East hills Chevy-Douglastan, Chevy-Roslyn and Subaru.
At the launch of the expanded dealership, CEO of Proximity Mobility, Steve Berman remarked that the expansion is a reiteration of solution’s his company delivers besides proof of the success of the business model. The twin factors of safety and security it provides consumers has been the discerning factor of DriveAlert, he remarked. For dealers, it has been a profit-making add-on service, he added.
The expansion of dealership, he remarked, paved the way for direct engagement with drivers to prevent distracted driving via mobiles and ensure safe roads for the community across the region.
Popularity of DriveAlert has been driving the bullish curve for Protext Mobility in recent trading weeks for the 33.62K market cap mobile communications solutions innovator.
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