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CST: 22/09/2019 03:24:38   

MobiCard Inc. announces the 2nd payment in compliance with the Statement of Work (SOW) with Think Latitude Inc. has been completed, and gives a technology update on the software development of the new platform

151 Days ago

CAMBRIDGE, Mass., April 23, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Peer To Peer Network aka MobiCard Inc. (MobiCard) (OTC:PTOP) exuberantly announces the second $25,000 payment to comply with the Think Latitude SOW payment schedule was made on Thursday April 18, 2019. MobiCard is excited to share a progress report with the shareholders on the new technology platform, and pull back the curtains to illustrate a more transparent process of how the technology is advancing.

Every Friday, CEO of MobiCard Joshua Sodaitis, the CEO Andy Sajnani & COO Misha Shah of Think Latitude, have a conference call which usually lasts about two hours. The purpose of this call is to illustrate the progress being made on the software, and get the input of Mr. Sodaitis on specific functionality and details. Flow charts and wireframing work is illustrated to Mr. Sodaitis in a screen share format so that slide by slide Mr. Sodaitis is able to view the way the apps will look and feel. The input he provides is in every aspect to the most minute detail, from color, display, functionality, fields, options and set up.

This week as the schedule intensifies both companies plan to have conferences both Wednesday, and Friday to discuss the basic features of the mobile and web application sections of the platform.  Our discussions focus on providing feedback and overall perceptions of the UX/UI design to get a grasp of whether the platform is meeting the expectations of the vision of MobiCard’s leader Mr. Sodaitis.  These initial discussions are to check in, and ensure that that foundation of the applications are scalable, and on task to provide significant value and constructive feedback for feature functionality and creative collaboration.

“Our goal at Think Latitude is to clearly showcase the elements and process of our development weekly so that there is constant communication at every aspect of the platform construction.  This will enable us to revolutionize the key features of the MobiCard platform, thus creating an evolving and scalable platform that has maximum potential growth and exposure,” says Misha Shah, COO of Think Latitude.

Think Latitude is currently on track with their development efforts.  On April 9th, 2019, Think Latitude was scheduled to deliver MobiCard a landing page; however, they went above and beyond the required scope of work by providing a full website, which includes the subscription option for users to receive news and updates from MobiCard. You can view the new website at www.freemobicard.com and sign up to subscribe today.

As a company that uses a hybrid agile approach, Think Latitude has wrapped up the wireframing and the majority of the design work for the mobile app.  The web application is currently in the design phase.  

This week serves as the last week where wireframing and UX/UI design will be shared with MobiCard as they make their transition into the implementation of the mobile application.  This will allow for code sprints which will lead to preliminary mobile application releases.  These releases will each contain a list of features that MobiCard will check off until the release is stable enough for user acceptance testing.   The web application will follow this sequence once the design and flow are finalized by MobiCard.

 “Our development team has been arduously working to make sure that each feature discussed in the list of 384 action items are going to be implemented in the first phase of the new MobiCard platform release.  The discussions we have internally as well as with Josh Sodaitis demonstrate platform growth as the user experience of the platform take shape.  Additionally, the input we gathered from these key discussions helped Misha, Josh, and myself to develop the foundation for a MobiCard child patent,” explained Andy Sajnani, CEO of Think Latitude.

“It is a pleasure to work with Think Latitude as they are second to none, and are very detail oriented. Andy, Misha, and the entire Think Latitude team are exceptional at what they do. It is exciting to turn the page to be able to focus my energies on product development and give creative contributions, and direction of my vision to their team. This Wednesday, I will be giving them content to add to the “help section” of the application platform, as well as designing and implementing a new logo on top of my review of their additional strides forward. The progress is fabulous as I believe the fundamentals; the core business product of any company is the key to success. This forward momentum puts us one step closer to accomplishing the strategic objectives I have laid out, that I believe will make MobiCard stand above its competitors, revolutionize an industry, and put us on a path to profitability,”  MobiCard’s CEO Josh Sodaitis concluded.

Peer To Peer Network aka MobiCard Inc. owns and markets its core technology, a SaaS mobile solution branded C2A MobiCard, a scalable mobile business card software platform that enables users to create a customized web-based personalized mobile app that is sharable by text SMS, email, digital and social media. Subscribers are able to track when the card opens, views and shares all while validating and analyzing new leads and referrals in real time, thereby knowing who and when to follow up www.freemobicard.com.

Safe Harbor Statement:

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company invokes the protections of the Private Securities Litigation Reform Act of 1995. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategies, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our prior filings at www.sec.gov. The company is no longer a fully reporting SEC filing company. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Joshua Sodaitis, CEO
MobiCard, Inc.
45 Prospect Street Cambridge, MA  02139
Phone: 1-617-651-2460 Email: info@freemobicard.com

 

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