Mobiquity Networks partners with Venture Development Center for Additional Monetization

NEW YORK, May 03, 2017 (GLOBE NEWSWIRE) -- Mobiquity Networks, a mobile location data and marketing company and wholly owned subsidiary of Mobiquity Technologies, Inc. (OTCQB:MOBQ), has announced an agreement with Venture Development Center (VDC).

Mobiquity Networks is a next generation mobile location data and marketing company. The company provides precise, unique, at-scale location based data and insights on consumer's real world behavior and trends for use in marketing and research. With its combined exclusive data sets of mall, premium outlet and cinema beacon data, and first party location data via an advanced SDK; Mobiquity Networks provides one of the most accurate and scaled solutions for mobile data collection and analysis.

VDC is an advisory services firm specializing in data monetization. They work with clients to define, identify and implement breakthrough uses of Big Data that drive strong revenue results. Dr. Charles Stryker, CEO of the VDC has created the preeminent advisory firm assisting companies in the information services industry in all aspects of their strategy and business development activities.

VDC has advised many of the traditional market leaders in the space including: Acxiom, Affinion, Catalina Marketing, First Data Corporation, Harte-Hanks, IAC, IBM, LexisNexis, Nielsen, Yahoo, Zagat Survey, and many other market leaders.  A few of the recent VDC engagements have included BlueKai, Cisco, Disney, eXelate, IBM and Time.  The VDC success story is based on identifying new and powerful applications for data assets and marrying the product concept to solid revenue results utilizing both distribution experience and an extensive network of industry relationships.

"Our unique position in the location-based mobile data ecosystem can provide great strategic value to myriad companies across many different industries," said Jed Weissberg, SVP, Product & Strategy for Mobiquity Networks. "VDC is a leader in data monetization and as such is an ideal partner for us. We have a lot to offer and are confident that VDC can help us develop and grow new revenue streams for our business."

Matthew Staudt, president and COO of VDC, said, ?Mobiquity Networks has developed an exceptional set of solutions that offer a unique set of opportunities for VDC to bring forward to our Big Data marketplace. The data points available are allowing us to come up with use cases that go well beyond the current ecosystem and we believe that trend will continue. We are looking forward to this relationship.?

About Mobiquity Networks (www.mobiquitynetworks.com)

Mobiquity Networks, a wholly owned subsidiary of Mobiquity Technologies, Inc. (MOBQ), is a next generation mobile location data and marketing company. The company provides precise, unique, at-scale location based data and insights on consumer's real world behavior and trends for use in marketing and research. With our combined exclusive data sets of mall and premium outlet beacon data, and first party location data via our advanced SDK; Mobiquity Networks provides one of the most accurate and scaled solutions for mobile data collection and analysis.

About Venture Development Center (www.venturedc.com)

Venture Development Center (VDC) is an advisory services firm focused in the areas of data monetization and creative data sourcing. With over 120 unique data assets under contract, VDC assists its clients by defining, identifying and implementing breakthrough uses of Big Data that drive solid revenue results and transform existing business practices. The VDC success story is based on the unique ability of the organization to continually identify new and powerful data assets from the Big Data ecosystem and then using this expanding base of information to develop applications, information use cases and sourcing strategies. Companies considering data monetization or seeking support for the development of sound sourcing strategies can depend on VDC to assist in navigating the rapidly changing world of Big Data.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995.

Certain statements in this press release constitute ?forward?looking statements? within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward?looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements expressed or implied by such forward?looking statements. The forward?looking statements are subject to risks and uncertainties including, without limitation, changes of competition, possible loss of customers, and the company's ability to attract and retain key personnel.