Global Bay Mobile Technologies Announces Record 2010 Growth, Continues Advancing Mobile Technology For Retail

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Increased revenue by 55 percent and tripled customer base in 2010

Global Bay

“Our mission at Global Bay is simple – to continue introducing the best product innovation to help our customers leverage mobile across their entire business

Global Bay Mobile Technologies, a leading provider of next-generation mobile retail software, today announced 2010 as a landmark year of growth, increasing annual revenue by 55 percent and tripling its retail customer base. Current Global Bay customers include Guess, Things Remembered, City Sports and True Religion.

The volume of customer wins and revenue increase for Global Bay throughout 2010 is a reflection of breakthrough product development, successful technology partnerships and a leadership presence in mobile retail technology.

Global Bay’s patented retail software improves store operations by providing retailers with mobile solutions that streamline operations, increase sales, and enhance the customer experience. The software provides a singular technology that supports all of a retailer’s mobile solution needs while leveraging current back-end technology investments and works across all devices: Apple, Windows Mobile, Android, BlackBerry, etc.

Most notably Global Bay recently announced two Apple-based product releases –iPad Kiosk solution and a first-of-its kind Inventory Management module compatible with Apple iOS4 devices – furthering the GB Mobile retail suite of performance enhancing, cost effective solutions for today’s cutting edge retailers.

“Our mission at Global Bay is simple – to continue introducing the best product innovation to help our customers leverage mobile across their entire business ” said Global Bay CEO Sandeep Bhanote. “The dedication we have to our existing customers partnered with the creation of cutting edge, personalized services for new and potential customers is mirrored in the significant increase of our customer base in 2010 – which we expect to grow significantly again in 2011.”

About Global Bay
Global Bay Mobile Technologies is a leading provider of next-generation mobile retail software that significantly enhances retailer-to-consumer interaction. Its patented technology platform generates tangible ROI by driving store traffic, increasing units per transaction (UPTs), and improving the in-store consumer experience. Global Bay’s unique, holistic approach to mobile leverages retailers’ existing POS, e-commerce, and store systems and operates on all handheld devices including Apple, Windows, and Android. Retailers deploying Global Bay have the flexibility to choose their preferred back-end technology and mobile device. Global Bay customers include Guess Jeans, Timberland, True Religion, Crocs, and other leading retailers. Founded in 2002, Global Bay is a private company headquartered in South Plainfield, New Jersey with offices in the United Kingdom. For more information, please visit http://www.globalbay.com or on Twitter @GlobalBay.

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