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Savtira Corporation Awarded Contract to Develop and Deliver Cloud Commerce eStore for eGloboMall.com TAMPA, Jul. 27, 2011 — Savtira Corporation (Savtira), a new provider of B2B Cloud Commerce solutions, today announced the company was awarded a contract to develop and deliver an eStore built on the Savtira Cloud Commerce platform for eGloboMall.com (eGloboMall). Gross transactional sales generated by this eStore over the initial three years are expected to exceed $2 million dollars. eGloboMall provides USA-based e-commerce retailers with a total multi- channel solution in the Caribbean and Latin America. eGloboMall uses both mobile e-commerce and bricks and mortar stores and kiosks to sell products from multiple USA-based vendors and distributors. eGlobomall’s mobile e-commerce model is experiencing rapid growth due to the high penetration of mobile phone usage in the Caribbean and Latin America. The bricks and mortar business model operates similarly to tried and true Sears catalog stores and eGloboMall maintains stores and kiosks in shopping centers where consumers can peruse the catalog and purchase goods from multiple online USA-based

Savtira PR 07-26-11 - eglobalmall

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Page 1: Savtira PR 07-26-11 - eglobalmall

Savtira Corporation Awarded Contract to Develop and Deliver Cloud Commerce

eStore for eGloboMall.comTAMPA, Jul. 27, 2011 — Savtira Corporation (Savtira), a new provider of B2B Cloud Commerce solutions,

today announced the company was awarded a contract to develop and deliver an eStore built on the

Savtira Cloud Commerce platform for eGloboMall.com (eGloboMall). Gross transactional sales

generated by this eStore over the initial three years are expected to exceed $2 million dollars.

eGloboMall provides USA-based e-commerce retailers with a total multi-channel solution in the

Caribbean and Latin America. eGloboMall uses both mobile e-commerce and bricks and mortar stores

and kiosks to sell products from multiple USA-based vendors and distributors. eGlobomall’s mobile e-

commerce model is experiencing rapid growth due to the high penetration of mobile phone usage in the

Caribbean and Latin America. The bricks and mortar business model operates similarly to tried and true

Sears catalog stores and eGloboMall maintains stores and kiosks in shopping centers where consumers

can peruse the catalog and purchase goods from multiple online USA-based retailers. eGloboMall

provides clients and customers with international product fulfillment with guaranteed delivery in 72

hours to 90 countries, social networking, enhanced consumer search process using Telepresence

technology, and local-based personal customer service. eGloboMall aims to provide consumers in the

Caribbean and Latin America the most comprehensive catalog in the market. That’s where Savtira comes

in.

Savtira custom designs and manages online businesses for retailers and e-tailers, device manufacturers,

publishers, software & game developers, aggregators, distributors, streaming companies, netcasters, and

more. The company’s B2B Cloud Commerce platform is a fully-serviced turn-key solution for e-

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commerce and marketing of both downloadable digital media and packaged goods. Savtira eStores are

branded and custom-tailored for Savtira clients so that no two eStores are alike. Savtira maintains an

enormous catalog of millions of digital titles and thousands of packaged goods. All Savtira clients have

the option to sell items from the Savtira catalog within their branded eStore.

eGloboMall.com will distribute digital goods from the Savtira Catalog. This instantly increases their

offering without having to track royalties, prepare products for digital distribution, negotiate hundreds of

agreements, and other time and resource-intensive tasks. Additionally, eGloboMall.com can contribute

their own content to Savtira’s Catalog for distribution to other Savtira eStores, which will give their

clients a wider audience and raise new revenue streams.

“We are proud to be partnering with eGloboMall.com. It’s a win-win situation for both companies. The

integration of Savtira’s Cloud Commerce platform will have a tremendous impact on their mobile

commerce stores by instantly expanding eGloboMall.com’s catalog to include millions of digital goods,

including music, e-books, audiobooks, games, software, internet radio and videos,” said Timothy

Roberts, CEO of Savtira Corporation. “And eGloboMall.com will allow Savtira to extend into the

Caribbean and Latin American markets. We look forward to implementing our cloud computing and e-

commerce expertise for eGloboMall.com.”

“The Caribbean and Latin America are ripe grounds for a cloud-based Software-as-a-Service e-commerce

solution. Broadband adoption is expanding, however mobile telephony is the real opportunity - a dozen

Latin America and Caribbean countries have a mobile penetration exceeding 100 per cent. In the

Caribbean, practically all of the Anglophone island states have a mobile penetration over 100 per cent.

Mobile telephony has turned one aspect of the digital divide on its head in the Americas region, with

numerous developing Latin American and Caribbean nations, including Trinidad and Tobago, Argentina

and Panama having achieved higher mobile penetration levels than developed Canada and the United

Page 3: Savtira PR 07-26-11 - eglobalmall

States. This represents a significant untapped opportunity for the delivery of information and

transaction services by market actors,” said Marc Baron, Director of eGlobalMall.com.

About Savtira Corporation

Based in Tampa, Florida, Savtira is in the business of Digital Distribution with a Software-As-A-Service

(SaaS) e-commerce platform that is a turnkey system for the distribution, marketing, merchandising, and

selling of both digital media and physical goods in a single store and a single, unified shopping cart.

Savtira’s solutions make it possible for businesses to distribute digital goods directly from a custom-

tailored eStore, as well as the option to include physical goods. Savtira is also building the next Carrier-

Class “Entertainment Distribution Network” (EDN) to stream all digital media from the cloud with a

feature set that eclipses anything on the market. For more information on Savtira, visit:

www.savtira.com. Follow us on Twitter at: http://twitter.com/savtira.

About eGloboMall.com

Based in Puerto Rico, eGloboMall.com was founded in 2010 to provide an elegant solution for retailers

to not only distribute their goods in the Caribbean and Latin America, but more importantly to gain the

critical awareness and attention of the local consumer.

The founding management team is a group of serial entrepreneurs with deep commerce and logistics

experience who have worked together and currently operate a number of companies in the Caribbean

and Latin America.

eGloboMall.com is committed to opening the doors of the Caribbean and Latin America using the most

advanced technology, focusing on virtual and mobile applications.

For more information on eGloboMall.com, visit: http://www.eglobomall.com/.

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Savtira is a registered trademark. All other product and service names mentioned are the trademarks of

their respective companies.

###

Contact: Mike Hansen

Savtira Corporation

Phone: 813-402-0123

Fax: 813-440-3800

Email: [email protected]

Website: www.savtira.com