Montavo, Inc. is a developmental stage company creating a location based services marketing and mobile advertising platform solution for wireless carriers, mobile handset manufacturers, wireless carrier/device software aggregators, personal navigation device manufacturers, and vehicle manufacturers. The company has two patents pending that would be required to render these services. What significantly differentiates Montavo's patent pending platform is its unique ability to deliver opt-in, targeted messages to consumers when they enter a specific geographic area that has been "virtually fenced" by a manufacture or retail advertiser, then in real-time, report back to the advertiser that the consumer who received the Virtual GeoFence mobile ad, purchased products and or services in a physical location store. This service is part of a developing package of services soon to be offered upon the release of the Montavo Mobile Advertising Platform (mMAP™) Rev. 2.0.
Consumers continue to demand more and more location-based information on sales, discounts, brand building messages, product launches, product information, coupons, and more for items and services from Manufacturers & Retailers on their mobile phones. The ability to geographically target mobile phone push messages and offers is a critical piece of functionality for small businesses to global/national brand advertisers and ad agencies.
"Montavo has employed a market research process to prioritize the features and functionality for the platform," said Brook Lang, CEO of Montavo. "Feedback that we collected from consumers, advertisers and global ad agencies alike indicated that incorporating the ability to deliver targeted messages as a consumer enters an advertiser defined geographic location was critical, which drove us to escalate the priority of the GeoFence technology.”
Currently shares of Montavo are trading up $.01, or 100% on less than average volume.
Disclosure: no positions