Friday, March 18, 2011

VGTL message board Combine a payment system retailers phone company the Cloud consumers

VGTL message board Combine a payment system retailers phone company the Cloud consumers

What do you get when you combine a payment system, retailers, a phone company, the Cloud and a consumer?

A Better coupon redemption system

You get MeCoupon.com - A VGTL company

“Consumers redeem digital offers anywhere anytime at point-of-sale via mobile devices or value cards”- THE BETTER WAY


Technological Convergence In the Digital Marketplace provides windows of opportunity.  The socialization of data with sufficient bandwidth for the mobile handheld devices enables video to enhance the users experience to a personal level like never before.  Constantly fueling an expanding, user base with disruptive technologies and solutions right to the local environments, while monetizing that traffic flow, is the goal.


Convergent Technologies:

“Today, we are surrounded by a multi-level convergent media world where all modes of communication and information are continually reforming to adapt to the enduring demands of technologies, "changing the way we create, consume, learn and interact with each other.

Convergence in this instance is defined as the interlinking of computing and other information technologies, media content, and communication networks that have arisen as the result of the evolution and popularization of the Internet as well as the activities, products and services that have emerged in the digital media space.

Many experts view this as simply being the tip of the iceberg, as all facets of institutional activity and social life such as business, government, art, journalism, health, and education are increasingly being carried out in these digital media spaces across a growing network of  information and communication technology devices....”
http://bit.ly/hOs8yl

Commerce:

“While "business" refers to the value-creating activities of an organization for profit, commerce means the whole system of an economy that constitutes an environment for business. The system includes legal, economic, political, social, cultural, and technological systems that are in operation in any country. Thus, commerce is a system or an environment that affects the business prospects of an economy or a nation-state. We can also define it as a second component of business which includes all activities, functions and institutions involved in transferring goods from producers to consumers.”  * http://bit.ly/dQTtYJ



Experience:

“Experience as a general concept comprises knowledge of or skill in or observation of some thing or some event gained through involvement in or exposure to that thing or event.  The history of the word experience aligns it closely with the concept of experiment.

The concept of experience generally refers to know-how or procedural knowledge, rather than propositional knowledge: on-the-job training rather than book-learning. Philosophers dub knowledge based on experience "empirical knowledge" or "a posteriori knowledge...".* http://bit.ly/gOVarw

Appointment of Larry Harris:

Larry Harris is a highly talented results oriented digital pacesetter with a proven record of success building major global brands. From 2010 to the present, Mr. Harris was/is President & Chief Executive Officer of Venture Industries, Inc. From 2008 to 2010 Mr. Harris served as Chief Executive Officer of Ansible Mobile, LLC where he was promoted to CEO by the Board in 2008. Mr. Harris successfully positioned Ansible Mobile as a full-service mobile marketing agency that helps clients maximize their mobile marketing opportunities by creating mobile ideas that get results, deepen customer relationships and build brand value. Ansible Mobile's clients included: U.S. Army, Avis, Burberry, Educational Testing Service, Gameday, GM, H&M, HP, Hyundai/Kia, Intel, Johnson & Johnson, Microsoft, Puma, S.C. Johnson, Sony, Timberland, Truvia, Western Union and Verizon.
From 2004-2007 Mr. Harris served as Director of Integrated and Cross Cultural Communications at FCB (formerly Draft Worldwide), New York, NY. Amongst his achievements: Created the first comprehensive multicultural offering in the direct marketing industry, led multi IPG agency team that successfully launched Bank of America in the Northeast, exceeding net new account and customer retention goals, built global, cross IPG agency team of technology marketing communications experts at hubs in Hong Kong, London, New York and Sao Paolo to help CA transition marketing approach to an integrated, global, metrics driven model, repositioned CA from a product centric vendor of undifferentiated software to key enabler of dynamic, real time computing. Global campaigns exceeded lead generation goal by nearly 75% and awareness. Mr. Harris received his BA from Harvard College in 1984.

Appointment of Neil Bardach:

On Feb. 18, 2011 we appointed Neil Bardach as Chief Operating Officer. Mr. Bardach, the former CFO of Ansible Mobile LLC, has also served as the CFO of three public companies with sales ranging from $400 million to $1 billion. As a non-executive director of a UK public company, Mr. Bardach chaired that company's audit committee. Mr. Bardach graduated from Michigan State with a B.A. in Accounting and received his M.B.A. from the University of Utah.

Mr. Harris States:

Mr. Harris said, "The digital marketplace is undergoing fundamental change as both consumers and advertisers seek to connect to a custom content experience and the real time delivery of information. Winning solutions will be grounded on the smart use of data and full dynamic technology platforms. Venture Industries' highly skilled talent pool and cutting edge technology along with strategic additions to our platform will be a powerful competitor in rapid-growth areas of marketing such as delivery of online video and mobile marketing offerings. I'm energized by this opportunity and look forward to the completion of this transaction." VGTel, Inc. anticipates the audits will be completed prior to the end of the first quarter at which time the transaction will be completed.

The Plan:

VGTL announced recently that the company is in negotiations to expand its mobile capabilities by acquiring mobile commerce IP. "With the explosive growth of mobile data traffic and social mobile applications, it is more critical than ever for every media technology company to have a sophisticated, highly scalable and measurable approach to mobile, " said VGTel's President Larry Harris, who was previously the CEO of Ansible Mobile, a joint venture between Interpublic Group and Velti.

In addition to developing and expanding its mobile portfolio, VGTel is also looking for opportunities to strengthen its social and video capabilities. The power of social media to actively engage consumers coupled with the reach and personalization of mobile are driving innovation across the media industry and creating opportunities for companies like VGTel to develop new and compelling offers to enhance connections between consumers, content and brands. These trends are also fueling the continued growth of display advertising and marketing services.

Mr. Harris added, "As the market enters a new era that will be driven by audience connections with each other and with brands, we will be focused on personal technology and personal media. To that end, we have also entered into negotiations to strengthen our global capabilities in social media, video and global e-commerce." VGTel anticipates that the deals under discussion will be closed before the end of the second quarter.

Monetization:

"The process of converting or establishing something into legal tender. It usually refers to the printing of banknotes by central banks, but things such as gold, diamonds and emeralds, and art can also be monetized. Even intrinsically worthless items can be made into money, as long as they are difficult to make or acquire. Monetization may also refer to exchanging securities for currency, selling a possession, charging for something that used to be free or making money on goods or services that were previously unprofitable." * http://bit.ly/fakrvv

Mar. 3, 2011 (Business Wire) -- VGTel, Inc. (OTCBB: VGTL) and Venture Industries, Inc. announced today that Venture Industries, Inc. intends to purchase MeCoupons from leading mobile consultant David Dillard.

VGTel recently signed a definitive agreement to merge with Venture Industries. The Company expects Venture Industries and MeCoupons to use cloud based and device agnostic technology to develop advanced mobile couponing apps. Consumers can then redeem digital offers anywhere anytime at point-of-sale via mobile devices or value cards. “We continue to move forward with our plans to evolve VGTel into a media technology company providing personal media services and applications for use in social media and mobile communications platforms. It is essential that we build or purchase technology that can enable brands to deliver true value to consumers anywhere, anytime. The MeCoupons purchase marks a significant first step toward achieving our goals and is a key component of our cross-platform strategy as it will enable us to deliver personalized offers based on consumer preference,” said VGTel President Larry Harris, who was previously the CEO of Ansible Mobile, a joint venture between Interpublic Group and Velti.

In addition to purchasing MeCoupons, VGTel is continuing to look for opportunities to strengthen its mobile and social capabilities. The power of mobile to actively engage consumers via data, voice and sound is driving innovation industry-wide and creating opportunities for companies like VGTel to develop new and compelling offers that enhance connections between consumers, content and brands.

Mr. Harris added, “Mobile, along with social, video and commerce will continue to be key areas of focus as we move forward. We will look to build, buy or grow these capabilities rapidly.” VGTel noted that the deal should be completed before the end of the second quarter.

About VGTel, Inc.

Venture Industries, Inc. (the "Company"), A Nevada Corporation which was incorporated in January 2005 and commenced operations on December 7, 2010, is a media technology company providing personal media services and applications for use in social media and mobile communication platforms.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking terminology such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "should," or "will," or the negative thereof or other variations thereon or comparable terminology. Any statements in this press release regarding the acquisition of Venture Industries, Inc. business and technology are not historical facts may be considered "forward-looking statements," including statements regarding the acquisition, its expected benefits, and the acquisition's anticipated timing. VGTel, Inc. has based these forward-looking statements on management's current preliminary expectations, ####umptions, estimates and projections. While VGTel, Inc. believes its expectations, ####umptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. Such risks and uncertainties relate to, among other factors: the risk that the transaction may not be completed or that the closing of the transaction may be delayed; the risk of a material adverse event affecting VGTel, Inc.  You should also review our discussion of risk factors and other disclosures in VGTel Inc.'s  most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made. VGTel, Inc. undertakes no obligation to update any forward-looking statements to reflect new information, events or circumstances after the date they were made, or to reflect the occurrence of unanticipated events.

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