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PLEASANT HILL, CA, May 13, 2019 (GLOBE NEWSWIRE) -- Textmunication Holdings, Inc. (TXHD) (“Company”), a cloud-based communication technology holding company, announced today the Company's entrance into the rapidly growing Rich Communication Services (RCS) market. RCS upgrades SMS with branding, rich media, interactivity and analytics. With RCS, businesses can bring branded, interactive mobile experiences right to the default messaging app.
Recent GSMA (Global System for Mobile Communications) estimates indicate the RCS market will be worth $74 billion by 2021. RCS continues to gain momentum with over 50 global operator launches and more than 136 million monthly active users around the world. GSMA also estimates 86% of all smartphones will be RCS-enabled by 2020.
Rich Communication Services (RCS) is a communication protocol aimed at replacing SMS messages with a text-message system that is richer, provides interactivity and can transmit in-call multimedia. RCS has received strong backing from Google - and more recently from Samsung and Verizon who have also started implementing the RCS protocol. If a phone isn’t enabled for RCS messaging, the message simply reverts to SMS.
Textmunication has clients that will start using the RCS protocol immediately. Change is coming rapidly in mobile communications and Textmunication has met this challenge. With the completion of its new SAM messaging platform, the Company is working on several new features such as its “electronic text scratcher” which allows the user to scratch the text message for contests and interactive messaging.
“We feel RCS is the future of mobile messaging,” stated Chief Executive Officer, Wais Asefi. “We were able to offer RCS services due to the company's foresight to join OpenMarket's Early access program which allowed Textmunication to be the early RCS adopter in the Health and Fitness market”.
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About Textmunication Holdings, Inc.
Based in Silicon Valley, Textmunication Inc. is a leading mobile marketing solutions provider to more than a thousand clients across North America. An early adopter of next-generation text message protocol Rich Communication Services (RCS), the Company currently leverages its proprietary SMS software platform to deliver robust APIs and integrated solutions to a diverse range of end users including health and fitness facilities, beauty salons, sporting events, hospitality organizations, entertainment and digital marketing firms. Committed to ongoing innovation, Textmunication was recognized by CIO Review Magazine as one of the “Top 20 Most Promising Digital Marketing Solution Providers” of 2018. For more information: www.textmunication.com
Safe Harbor Provision:
Except for the statements of historical fact contained herein, the information presented in this news release constitutes “forward-looking statements” made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect Textmunication Holdings’ current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in Textmunication Holdings’ filings with the Securities and Exchange Commission. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and any document referred to in this press release.
Wais Asefi, CEO
Textmunication Holdings, Inc.