BSP Rewards, a subsidiary of MediaNet Group Technologies (OTC BB: MEDG), announced today that it has signed agreements that will expand its programs to Unions and Network Marketing industries.
BSP is building branded loyalty and reward programs for four unions who plan to utilize them as a value-added benefit to their membership. These initial inroads into the union market includes Local 164 IBEW, Local 2D UFCW Wine and Liquor, Local 355 HERE and Atlantic Medical IPA. Marketing to the union segment is being presented through Pat Bianco, President of National Health Solutions, a long-time provider of benefit packages to local and national unions. Mr. Bianco stated, "I am exceedingly pleased with the acceptance the BSP program is receiving. We feel that this market will generate a very high number of affinity loyal members."
Fortune Hi-Tech Marketing, Inc. of Lexington, KY has just launched its private branded loyalty and shopping mall "Fortune Rewards Mall," powered by BSP Rewards. The program is a sales-driven model for their tens of thousands of representatives and is being marketed to their hundreds of thousands of customers. Jon Johnson, Vice President Business Development of Fortune Hi-Tech Marketing noted, "Fortune is an exceptional organization with a very dedicated base of independent representatives and customers. The program launched a week ago and we are already realizing excellent purchase utilization through our network. We couldn't be more pleased with the professionalism shown us by BSP and the revenue potential the program offers us."
The program is completely free for members to join and totally unique in that it features the ability to earn rewards and discounts through its unique shopping mall of national merchants. BSP Rewards builds, customizes and administers the entire program for each client and organization and offers Members up to 15% in rewards and up to 60% in discounts when purchasing merchandise and other products from the nation's best retailers.
Details about the program can be viewed at www.bsprewards.com
MediaNet Group Technologies is a publicly held Company (OTC BB: MEDG) that encompasses an integrated group of operating divisions that revolve around the many aspects of technology and media including, branded rewards programs web portal programs, television and video production and intellectual properties.
Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. MediaNet Group Technologies, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies.
Martin Berns CEO MediaNet Group Technologies, Inc. (P) 954-974-5818 x202 email: mberns@medianetgroup.com
