SinglePoint Enters Negotiations With DreamCo to Become Go-To Mobile Marketing, Payments and Merchant Processing Provider for Daily Sports Fantasy Companies
SEATTLE, WA -- (Marketwired) -- 12/03/15 -- SinglePoint Inc. (OTC: SING), a dynamic full service mobile marketing and payment technology company, is pleased to announce that it is in advanced negotiations with DreamCo Design, one of the largest providers of web development and marketing services to the Fantasy Sports Industry.
SinglePoint will act as a strategic partner with DreamCo to integrate SinglePoint's mobile messaging, marketing and payment technology with DreamCo's array of services which currently caters to companies like GoDraft, Flootball, FanPicks, Sports Madmen, FanThrowdown and more.
As well, SinglePoint is partnered with RedFynn (www.redfynn.com) as a reseller of payment processing and POS solutions, which will also be integrated into DreamCo's service offerings toward a potentially significant transactional revenue stream to SinglePoint, who recently announced their intent to dominate the Fantasy Sports Industry with their mobile technology and payments platform.
More than 30 million Americans participate in fantasy football leagues, according to the Fantasy Sports Trade Association. Together they spent an estimated $11 Billion on the activity last year.
"This is a perfect match for all involved," states SinglePoint CEO Greg Lambrecht. "DreamCo Design is well footed in the Fantasy Sports Industry and the relationship here could prove to be tremendously valuable for the Company and its shareholders."
DreamCo Owner and Senior Consultant Jay Correia plans to meet with Lambrecht in Phoenix, AZ this month to close the deal.
As well, SinglePoint is currently in negotiations with 3 Fantasy Sports companies for acquisition with expectations for LOI(s) by next week. Dynasty Reps is currently referring 3-5 target acquisitions per week as part of SinglePoint's aggressive rollup strategy.
SinglePoint is a full-service mobile technology and marketing provider. We provide solutions that allow our clients to conduct business transactions, accept donations, and engage in targeted communication through mobile devices. Our products connect small to mid-size companies to their target markets by providing innovative mobile technology at reasonable rates. www.singlepoint.com
DreamCo Design is a professional web design company that develops and markets websites & apps. The Company's professional services include web development, app creation, website marketing, printing, hosting, as well as branding services.
Source: SinglePoint, Inc.
Released December 3, 2015