Degama Software Solutions, Inc. Explores Opportunities in Asia for VascoNow
DGMA begins talks toward powerful strategy to launch VascoNow™ in Eastern World
Toronto, ONTARIO– August 20, 2010 – Degama Software Solutions, Inc. (OTC: DGMA) CEO Seijin Ki announces today that the company has entered discussions with a Market leader in Software App Marketing & Advertising to take its software to the next level with extensive branding and exposure. The company with which Degama has entered discussions is based in India and would be marketing Degama’s dynamic geolocation based social networking mobile/web app, VascoNow™.
“With respect to our prospective partner, we will only announce their company details once both parties have arrived at a firm Agreement,” states CEO, Ki. “Having said that, discussions have progressed to the point where we are confident to share this promising news with partners and shareholders alike. Further, it’s very likely that we will have finalized terms by the end of this month and will release details immediately thereafter.”
Initial discussions raised Degama interest and expectations toward developing and implementing a strong brand in line with the compelling software application. “We recognize our strengths and also areas in which we would be best served with strategic partners. Advanced Technology and applications therein are our forte; having a partner to put a ‘face’ to this technology toward mass recognition will be a primary goal in positioning VascoNow for success,” adds Ki.
Degama’s prospective partner, under current discussions, plans to sell advertising as well as promotional and loyalty programs for VascoNow™ to major brands in the hospitality and travel industries, among several other Agreement features which would prove “extremely lucrative for Degama,” states Ki. “Our focus in the coming days will be in closing this deal toward a mutually beneficial partnership that we feel will inevitably lend itself to remarkable progress for VascoNow™ and toward overall growth for Degama Software Solutions.”
Contact:
Seijin Ki, info@degamasoftwaresolutions.com
About Degama Software Solutions, Inc.
Degama Software Solutions, Inc. is a leading edge technology company that develops and markets proprietary location based software solutions and applications for consumers and businesses. Degama Software Solutions, Inc. is a publicly listed company (OTC: DGMA)
Degama Software Solutions Inc., (Degama) markets and builds applications, or “apps” to make it simpler and more enjoyable for people to share information and get things done together. In a vast world Degama helps people navigate through their days and travels while at the same time staying connected to their friends, family and the world.
Degama is committed to developing and delivering the best products. As mobile devices become increasingly central to people’s lives, we work hard to help you get the information you need when you are on the go. For more information about Degama Software Solutions please visit www.degamasoftwaresolutions.com
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