According to filings with the U.S. Securities and Exchange Commission, Buy It Mobility Networks is raising $12,500,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Adam Frisch played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Buy It Mobility Networks
BIM is a mobile platform that powers smartphone applications with low cost payments, marketing capabilities, and other solutions that can be white-labeled by retailers. BIM has a unique value proposition that adds considerable value to retailers and shoppers alike. Specifically, BIM: – Lowers costs for payment processing by up to 90% vs. credit/debit – Offers a white-label solution keeping retailers front and center, with control of the consumer experience, branding, and data – Is fast, secure, and easy to use – instant enrollment, without personal or financial information stored on the phone – Increases sales and loyalty, through x-channel targeted and highly-tailored marketing – Provides new data on consumers and their shopping and brand-engagement behaviors – Alleviates customer pain points in-store and on-line, and speeds up the check-out process – Is easy to integrate, leveraging existing POS and mobile phone infrastructure BIM was established in 2009 and is supported by an impressive board and leadership team of seasoned executives from technology, payments, and retail. BIM has several strategic partners including Discover, InComm, and INMAR, among others.

To learn more about Buy It Mobility Networks, visit http://www.bimnetworks.com/

Contact:
Adam Frisch, Chief Executive Officer
678-696-1414

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