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Peer To Peer Network (OTC: PTOP) Announces Successful Completion of Mobicard™1.5 Beta Testing and Full-Scale Development of Mobicard™2.0
Prism Media Wire· 2025-11-04 15:30
Core Insights - Peer To Peer Network, Inc. (OTC: PTOP) has successfully completed the Mobicard™1.5 Beta Test Program and is now moving into full-scale development of Mobicard™2.0, a next-generation digital business card platform [3][4]. Group 1: Product Development - The Mobicard™1.5 Beta Test Program is complete, and full-scale development of Mobicard™2.0 has commenced following a review call on November 3, 2025 [6][10]. - Interim versions 1.7 and 1.8 are being developed to accelerate revenue generation [6][10]. - Mobicard™2.0 is expected to redefine professional networking and will be released in early 2026 [8][10]. Group 2: User Engagement and Marketing - Users who sign up for Mobicard™ now will receive free access to Mobicard™2.0 upon its release [6][10]. - A new digital advertising campaign has launched, featuring prominent placements in New York City, including ads on the NASDAQ Jumbotron and Reuters billboards [12][13]. Group 3: Financial Performance - For the three months ended May 31, 2024, PTOP reported net sales of $5,031,038, a 39.5% increase from $3,603,018 in the same period of 2023 [12]. - The company achieved a net income of $330,837, compared to a net income of $53,406 in the prior year [12]. - Operating income improved to $238,296 from a loss of $91,616 year-over-year [12]. Group 4: Innovation and Intellectual Property - The company emphasizes its commitment to patent-backed innovation, citing U.S. Patent 10,616,368, which covers its digital business card technology [6][9]. - Mobicard™2.0 will introduce several new, patent-covered features that are not currently available in the digital business card industry [10].
Peer To Peer Network (OTC: PTOP) Announces Successful Completion of Mobicard™1.5 Beta Testing and Full-Scale Development of Mobicard™2.0
Globenewswire· 2025-11-04 15:30
Core Insights - Peer To Peer Network, Inc. (PTOP) has successfully completed the Mobicard™1.5 Beta Test Program and is moving into full-scale production for Mobicard™2.0, a next-generation digital business card platform [1][5] Group 1: Product Development - The Mobicard™1.5 Beta Test Program is now complete [6] - Mobicard™2.0 will introduce several new, patent-covered features that are not currently available in the digital business card industry [6] - A version 1.7 may be delivered within the next 90 days, indicating rapid development and innovation [4] Group 2: Market Positioning - Mobicard™2.0 is expected to redefine how professionals connect, track, and manage their digital identity, reinforcing PTOP's position as a first-to-market leader [4] - Users who sign up for Mobicard™ prior to the launch of version 2.0 will receive free access, enhancing user acquisition strategies [6] Group 3: Revenue Generation - Mobicard™2.0 is anticipated to generate new revenue streams for PTOP and positively impact the company's bottom line [6] - The company is committed to continuous innovation and user-driven development, which is expected to accelerate adoption and user growth [2] Group 4: Marketing Initiatives - A new digital advertising campaign has launched, featuring prominent placements in New York City, including ads on the NASDAQ Jumbotron and Reuters triple billboards [8] - This campaign aims to increase brand visibility and investor awareness, marking a significant step in PTOP's marketing strategy [8]