Utix Signs Distribution and Marketing Agreements With Industry Leaders: Points.com and Vertrue, Inc.
Utix Signs Distribution and Marketing Agreements With Industry Leaders: Points.com and Vertrue, Inc.
Companies to Market Utix's Prepaid Experience Tickets to B-to-C and B-to-B Marketplaces as Innovative Corporate Reward, Gift and Incentive Solutions
BURLINGTON, Mass., Sept. 26 /PRNewswire-FirstCall/ -- Utix Group, Inc. (BULLETIN BOARD: UTXG) , the leader in prepaid experience tickets, today announced that it has signed non-exclusive distribution and marketing agreements with two industry-leading sales and marketing organizations to market the Company's proprietary prepaid experience tickets to the business- to-business and business-to-consumer marketplaces. Points.com and Vertrue, Inc. will begin offering Utix prepaid golf, ski, spa, movie and bowling experience tickets as innovative corporate reward, gift and incentive solutions to their respective client bases. These new partners combine to expand Utix's distribution channels and to promote the Utix unique product platform as an alternative to stored-value cash cards.
Points.com is one of the world's most popular web destinations to earn, buy and swap miles and points. Over 45 of the world's leading reward programs participate on Points.com, including American Airlines AAdvantage(R) program, Delta SkyMiles(R), eBay Anything Points(TM), TripRewards(R), Priority Club(R) Rewards, Asia Miles(R) and S&H greenpoints.
Vertrue, Inc. is a premier integrated marketing partner to its corporate clients and offers membership and loyalty programs that feature discount products and unique services to help enhance its clients' market presence, strengthen customer affinity and generate additional marketing value. With broad online and offline distribution capabilities, Vertrue's services span healthcare, personal property, security/insurance and personals. The Company recently reported revenues of nearly $580 million for its most recent fiscal year ended June 30, 2005.
"With a focused objective of strategically building a broad, well diversified network of channel partners marketing Utix products, the addition of these industry leaders to the Utix team is sure to measurably contribute to our growth and ultimate success, while helping to establish Utix prepaid experience ticket platform as a preferred solution for the corporate reward, gift and incentive industries," stated Tony Roth, Utix CEO.
About Utix Group, Inc.
Utix Group, Inc., formerly Corporate Sports Incentives, was founded in 1986 as a corporate premium gift, incentive and consumer reward Company. Based in Burlington, Massachusetts, Utix has successfully marketed its proprietary Utix prepaid experience products, including Golf, Ski, Bowling, Spa and Movie Tickets, to the business-to-business industry and retail marketplace. As an authorized Discover Network Issuer, Utix offers prepaid experience tickets nationwide, allowing recipients to enjoy a specific experience at more than 10,000 nationwide locations of their choosing. For more information about the Company, please visit our website at http://www.utix.com/ .
Forward-Looking Statements
This press release contains "forward-looking statements" and information relating to our business that are based on our beliefs as well as assumptions made by us or based upon information currently available to us. When used in this press release, the words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "project," "should" and similar expressions are intended to identify forward-looking statements. This press release reflects our current views and assumptions with respect to future events and is subject to risks and uncertainties. Actual and future results and trends could differ materially from those set forth in such statements due to various factors. Such factors include, among others: general economic and business conditions; industry capacity; industry trends; competition; changes in business strategy or development plans; project performance; the commercial viability of our retail gift card platform and offerings; availability, terms, and deployment of capital; availability of qualified personnel; and ability to generate new markets for our products.
FOR MORE INFORMATION, PLEASE CONTACT: Elite Financial Communications Group Dodi Handy at 407-585-1080 or utxg@efcg.net
Source: Utix Group, Inc.
CONTACT: Dodi Handy, Elite Financial Communications Group, +1-407-585-1080, or utxg@efcg.net, for Utix Group
Web site: http://www.utix.com/
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