| [March 15, 2012] |
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FreeMonee Network Honored with Netexplo 2012 Award as a Global Leader in Digital Innovation
SAN MATEO, Calif. --(Business Wire)--
FreeMonee
Network, the world's first and only gift network, was today honored
as one of ten companies chosen globally to receive the Netexplo 2012
Award for leading the world in digital innovation. Netexplo,
an independent observatory which studies the impact of digital
technology on society and business, actively seeks out new, innovative
companies that have made a footprint in the digital landscape. Netexplo
annually selects 100 of the most promising organizations from around the
world as finalists and 10 are honored with the Netexplo Award.
Held today in Paris, the annual Netexplo Forum brings together over
1,000 business, media and politicl executives, giving FreeMonee and
other award winners the opportunity to lead interactive dialogue about
new and emerging trends driving the future of digital innovation.
"We are honored to receive this award and be recognized by such an
influential organization dedicated to identifying and spotlighting the
world's leaders in digital technology," said Joe Salesky, Founder and
Chief Strategy Office for FreeMonee Network. "FreeMonee is excited to be
among the leaders in digital innovation at this year's Netexplo Forum,
and we look forward to continuing to help drive the dialogue on the
evolution of the role of banks and other financial institutions in
innovation, enabling commerce and compelling consumer value while
safeguarding privacy."
ABOUT FREEMONEE NETWORK
FreeMonee Network, Inc. (www.freemonee.com)
is the world's first and only gift network - connecting millions of
credit and debit cardholders from the world's largest financial
institutions with national and local merchants. Merchants offer
FreeMonee Gifts - cash incentives - to individual cardholders through
their financial institutions. FreeMonee Gifts function like a gift card
on an individual's debit or credit card, allowing consumers to purchase
anything they want with the designated merchant, with no strings
attached. FreeMonee anonymously matches consumers to the Gifts using
their proprietary Adaptive Matching Technology that analyzes card
transaction data to identify the highest value consumers for merchants.
FreeMonee's AMT (News - Alert) engine uses anonymized cardholder data, which means
neither FreeMonee nor the participating merchants ever have access to a
cardholder's personal information. Consumer privacy is maintained at all
times. Through partnerships with top U.S. financial institutions, the
company expects 50 million households to have access to FreeMonee Gifts
in 2012.

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