SpendSmart Networks Recognizes First Year Accomplishments of Washington DC Based Licensee Malik Jaffer

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Washington DC based licensee and owner of RewardMeVIP.com, Malik Jaffer, recently completed his first year with SpendSmart Network’s Mastermind division driving to meet and exceed many of the goals he laid out when he first began.

‘Is doing this going to move me and/or my business forward?

SpendSmart Networks, Inc. (OTC: SSPC) (“SpendSmart”), a leading full-service provider of digital customer loyalty systems, is recognizing the accomplishments of one licensee’s first year as a Mastermind.

Washington DC based licensee and owner of RewardMeVIP.com, Malik Jaffer, recently completed his first year with SpendSmart Network’s Mastermind division driving to meet and exceed many of the goals he laid out when he first began. His goal for his first year was to install 100 loyalty kiosks in 100 days. By the end of the first year, he had successfully installed 90 kiosks, a fantastic accomplishment showing great promise for the future of his business and a strong dedication to succeed. “The question I ask myself as a new business owner is, ‘Is doing this going to move me and/or my business forward?’ If the answer is yes, then I do it.” Jaffer stated.

In addition to 90 kiosks installed, Jaffer is closing in on 500,000 messages sent, and adding 1000 new subscribers each week for a total of 52,000 subscribers in his first year of operation. “I love hearing about businesses that use the system having such great success” says Jaffer, “it’s so nice to support small business”

Alex Minicucci, CEO of SpendSmart, stated, “Malik is a fine example of an ideal licensee of our Masterminds platform – he’s smart, passionate, hard working and focused. He’s generous with his time, supporting other licensees to achieve their success as well. He really works hard to generate measurable profits for his merchants/clients. Couldn’t ask for a better licensee.”

When asked what goals he has set for his second year, Jaffer stated “I want to double the number of messages sent from this year, I’m aiming for 1,000,000 to 1,500,000 by the end of our second year.”

If you’re a merchant in the DC area, and are interested in learning more about how Malik and his team can help you grow your business through his innovative loyalty programs, please visit http://www.rewardmevip.com. You may also contact Malik Jaffer at (888) 484-8529 or by email at info(at)rewardmevip.com

ABOUT SPENDSMART NETWORKS:
Founded in 2007 and headquartered in San Luis Obispo, Calif., SpendSmart Networks, Inc. focuses on connecting merchants and consumers through its suite of services that includes digital engagement, mobile marketing and financial tools. These services are implemented and supported by a vast network of certified digital marketing specialists, aka "Certified Masterminds,” who drive revenue and consumer relationship for merchants via loyalty programs, mobile marketing, mobile commerce and reward systems. Consumers’ dollars go further when they spend it at amongst the SpendSmart Network' of merchants, as they receive exclusive deals, earn rewards and build a connection with their favorite merchants. Digital Customer Loyalty at its finest.

Forward-Looking Statements
Certain statements in this newsletter are forward-looking statements under the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about the company’s future revenue and growth including without limitation the number of licenses and other statements that are not historical in nature, particularly those that utilize terminology such as “will,” “positions,” “believe,” “should,” “may,” “intends,” “expects,” “future,” “believes,” “continue,” other words of similar meaning, derivations of such words and the use of future dates. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Uncertainties and risks may cause SpendSmart Networks’ actual results to be materially different than those expressed in or implied by such forward-looking statements. Particular uncertainties and risks include, among others, uncertainties involved in launching new products or services, achieving market acceptance; uncertainties regarding SpendSmart Networks’ ability to license out its existing products and technologies and license additional products and technologies and the terms of such licenses; and other risks and uncertainties described in SpendSmart Networks’ filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K/A, and subsequent quarterly reports on Form 10-Q. All forward-looking statements in this newsletter speak only as of the date of this newsletter and are based on SpendSmart Network’s current beliefs and expectations. SpendSmart Networks undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

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Alex Minicucci, CEO
SMS Masterminds
since: 08/2010
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