Mobile Lads Corp Signs MOU to Launch Advanced ‘Know Your Client’ Identity Verification Technology for Mobile

AVENTURA, Fla.--()--Mobile Lads Corporation (OTCQB - MOBO) has signed a Memorandum of Understanding to provide “Know Your Client” (KYC) applications to the Mobile sector in an exclusive Joint Venture with LegitChex™.

The Mobile Lads/LegitChex™ Joint Venture will fulfill KYC requirements to deliver Mobile Lads’ financial and other products via Mobile devices; these services include Mobile Pay, Money Transfer, Credit Cards, and Insurance.

It will also give users the confidence that the entities with whom they are interacting, whether online or in person, are truly who they say they are, while protecting the privacy of both transacting partners.

LegitChex™ works by employing sophisticated levels of security, such as government identity-matching and facial recognition software, previously only available to large financial and security organizations involved in the identity confirmation process.

LegitChex™ was developed in response to the alarming number of cases of online fraud, scams and incidents that undermine the growing online exchange community.

It is an easy-to-use App that provides a safe environment for anyone wanting to authenticate the identity of any person, company or organization with whom they are dealing, either online or in-person.

Michael Paul, CEO of Mobile Lads said that “Mobile Lads is excited to be the exclusive Mobile partner of LegitChex™ and looks forward to utilizing the KYC protocols to accelerate the roll out of our Mobile product suite.”

About LegitChex™: LegitChex™ was founded by Jericho Digos, a specialist in debt card management and banking security. The LegitChex™ Identity Verification App was developed to validate any individuals’ identity in a fast, reliable, easy format. LegitChex® exists as its own secure social network, while also being the only information verification platform simultaneously capable of cross-network integration.

For more information visit: www.legitchex.com

About Mobile Lads: From its offices in Miami and Toronto, Mobile Lads provides consumers and the general business community with a suite of products and services covering hardware and software solutions. Through its many manufacturing and business partners, Mobile Lads is able to supply superior quality smart phones and other mobile devices and services to businesses and their consumer base. Because of the unique relationships with its partners, Mobile Lads creates residual income streams through the sale of benefits and services, including insurance and warranties, worldwide MasterCard issuance, and international money remittance. Mobile Lads is also stepping into the ecommerce world by forming partnerships with new and innovative mobile applications. These partnerships create direct access to applications that can foster business opportunities, increase specialized media access, and provide top-notch mobile services. Through this expansion, Mobile Lads has created a single organized platform that provides efficient access to unique and elite mobile hardware, accessories, and applications.

For more information visit: www.mobilelads.com

Forward-Looking Statements

This release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words believes, expects, anticipates, estimates, intends, plans, or similar expressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions and actual results could differ materially from those anticipated. Forward looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.

Contacts

Mobile Lads Corp.
Michael Paul, 1-800-470-9216
Press Relations
michael@mobilelads.com

Contacts

Mobile Lads Corp.
Michael Paul, 1-800-470-9216
Press Relations
michael@mobilelads.com