Business
Digital Caddies Positioned for Profitable Growth
Digital Caddies Positioned for Profitable Growth.
About this update from Izon Network Inc
[{"type":"text","content":"\nDigital Caddies Positioned for Profitable Growth\n\nDigital Caddies Positioned for Profitable Growth\n\n SCOTTSDALE, AZ--(Marketwired - June 21, 2016) - Digital Caddies, Inc. (OTC PINK: CADY), one of the first cloud based, open architecture, GPS and content delivery systems for golf courses, is pleased to provide an update for their shareholders. Over the last twelve months, management has been able to accomplish the following: Finalized agreements with major creditorsStructured new partnership with Sprint Communications that includes Sprint acquiring 19% ownership in Digital CaddiesOptimized software to be data efficient resulting in significant reduction in costsImplemented a leading edge, cloud based ad serving platformInitiated a successful advertising sales beta program that produced positive results Initiated efforts with Sprint to grow the network quicklyCurrently selling ads for ~1000 screens at 10 golf courses with many more in the pipeline.Negotiating potential strategic partnerships with independent sales organizations and advertising agencies\"Over the last year, we have accomplished many tasks that now properly positions the company to be able to grow,\" said Brad Nightingale, CEO. \"Now that we have proven that local ad sales can easily generate a profit for every course we install, the time is now for execution and with thousands of tablets and related equipment already on hand, the path to profits is clearer than it has ever been for our company.\" \"In addition, as we have always known, many advertising agencies have a keen interest the valuable audience we can provide and they have continued to contact us (unsolicited) over several months. These agencies all have the same thing in common, very large advertising customers that seek to spend their ad budgets on our coveted market demographic, the 'golfer'. The only thing they require is that our network gets back on the path towards 100 courses that we have proven in the past is achievable. Some of the agencies have already proposed strategic partnerships and guaranteed revenue streams to earn the rights to our advertising inventory. Seeing this kind of interest from very advertising professionals, just re-affirms we are building a very valuable network.\"About Digital CaddiesDigital Caddies provides unique access to golfers via an interactive tablet mounted in...