|By Marketwired .||
|May 14, 2014 03:15 PM EDT||
LAS VEGAS, NV -- (Marketwired) -- 05/14/14 -- NeoHydro Technologies Corp. (OTCQB: NHYT) ("The Company"), via Couponz, Inc., a mobile application developer, is pleased to announce the introduction of gift cards to Epoxy's Mobile Application ("App").
The Company has developed a gift card platform to be fully integrated into Epoxy's mobile application. The Company held an event on 05/08/2014 at Market Grill Café in Las Vegas, NV. Its purpose was to launch beta testing for the new gift card feature. The event was a great success and allowed over 24 users to explore the gift card function, execute transactions and give the company useful feedback on their experience with the gift card functionality. With completion of the gift card function and successful beta testing, the feature has now been integrated into the application and submitted to Apple for final approval. Epoxy expects to fully launch its gift card platform within the next few weeks. The completion of this incredible function adds value for Epoxy's users and businesses alike. Gift cards will provide add an additional revenue stream for Epoxy on a per transaction basis. The processing fee will be $ .60 per transaction and 4.4% of the total transaction amount. These charges are comparable to other gift card processing fees.
President and Founder of Epoxy, Dave Gasparine states, "Gift cards now add another dynamic tool to our platform for both consumers and business owners. Now app users can purchase a gift card (currently ranging from $5-$200) directly from a subscribing business right into the app via PayPal. The redemption process is structured the same way; allowing consumers to redeem their gift card with Epoxy. Epoxy charges processing fees and transfers money to the merchant for redeemed gift cards. Using PayPal to process the purchase of gift cards keeps customers information secure and will help with awareness."
About Couponz, Inc.
Couponz, Inc. is the developer of the Epoxy app, an application or "app" for iPhone iOS and Android operating systems. Epoxy is an innovative smart phone application designed and created to conveniently connect business owners and consumers in order to ease marketing frustrations. The mobile app gives loyal customers the ease of keeping track of rewards and punch cards all in one place while also giving opportunities to review and share businesses with friends. In turn, Epoxy provides businesses the ability to reward customers, share offers, and deliver information about special events with their customers. Epoxy designers are dedicated to providing a superior and easy-to-use product for business owners to reward loyal customers.
This release contains forward-looking statements that reflect NeoHydro Technologies Corp., and Couponz, Inc., plans and expectations. In this press release and related comments by Company management, words like "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions are used to identify forward-looking statements, representing management's current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.
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