MobiCard Inc. Announces Engagement, and Retention With Software Development Experts Across Multiple Verticals, for Its Core Business Product the MobiCard and Gives Update on Audit

CAMBRIDGE, MA, April 11, 2018 -- MobiCard Inc. aka Peer to Peer Network (OTC: PTOP) announces engagement, and retention with software development experts across multiple verticals, for its core business product the MobiCard and gives update on audit.

MobiCard, a provider of proprietary SaaS based mobile business card solutions, is announcing that it has engaged an expert software development technology company White Knights IT via a rigorous selection process. MobiCard screened multiple companies and selected White Knights IT, as they possess all of the sufficient technical skills to complete an expert technology analysis, diagnostic, assessment and review of where MobiCard’s technology is, and to assess what it will cost and the procedures necessary to take its mobile business card solutions to the next level. MobiCard is delighted that White Knight IT will have such assessment by the 15th of May.

Furthermore, MobiCard is excited to announce it has engaged, retained, and entered into a consultation with Think Latitude, a growing Chicago technology company that is a mobile app incubator that was featured on CNBC’s popular TV show “The Job Interview”. MobiCard looks forward to exploring the opportunities with Think Latitude that can strengthen, broaden, and assist MobiCard in its goals for monumental growth, and the opportunities to bring its core mobile business card technology to a MobiCard 3.0 version that includes a top quality, and user friendly app. MobiCard believes this will help to propel it forward and open new opportunities across multiple verticals. 

In addition, MobiCard has moved its head office to 65 Prospect Street, Cambridge, MA 02139. Being located in Cambridge, Massachusetts, center for technology, will be a more innovative and productive environment for MobiCard.

 James A. Bento, CEO, stated, “I have received written correspondence that MobiCard’s audit firm BF Borgers CPA is currently progressing forward and MobiCard’s financial audit for past periods as required by FINRA to process certain corporate actions should be completed in a timely fashion in accordance with the proper PCAOB accredited procedures.” 

James Bento went on to say, “Since Mr. Joshua Sodaitis joined MobiCard’s Board of Directors in early January of 2017, he has worked vigorously to defend the rights of MobiCard’s shareholders. Mr. Sodaitis has worked persistently to bring in the right people to form a team of experts in their individual fields to help MobiCard move forward, who will further develop the core MobiCard product and improve processes. Mr. Sodaitis has gone above and beyond in my opinion; he has been actively involved in every aspect of the company and has contributed to daily operations as opposed to being a passive observer.”  

Finally Joshua Sodaitis, Chairman of the Board, said, “It is my goal to have the core business product MobiCard at top functionality and be the best mobile business card in the market  My goal is to have a minimum of two million users before the end of this year and I think that is achievable if we have the right product, people on the team, and process in place.” 

MobiCard Inc. a.k.a Peer to Peer Network ("PTOP") owns and markets its core technology, a SaaS mobile solution branded C2A MobiCard, a scalable mobile business card software platform that enables users to create a customized web based personalized mobile app that is sharable by text SMS, email, digital and social media. Subscribers are able to track card opens, views and shares all while validating and analyzing new leads and referrals in real time, thereby knowing who and when to follow up www.freemobicard.com

Safe Harbor Statement:

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company invokes the protections of the Private Securities Litigation Reform Act of 1995. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategies, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our filings at www.sec.gov. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

James A. Bento, CEO

MobiCard, Inc.

65 Prospect Street

Cambridge, MA  02139

Phone: 1-857-529-7407

[email protected]