BSP Rewards Commences Auto Dealer Rewards Program
August 1, 2007. BSP has signed its first agreements for branded automotive rewards malls. The first 2 auto dealerships in the program are Champion Kia and Victorville Hyundai/Suzuki.. BSP has been developing this special program over the past 12 months for the automotive channel.
The private branded malls include over 650 of the nations top merchants that offer rewards to BSP affiliated members who shop with them. Additionally, the dealerships will provide reward points to their customers as an incentive to purchase vehicles and service from the dealerships. The reward points earned from all merchants can be spent like cash at the dealerships.
Martin Berns, CEO of BSP Rewards, Inc. commented, “This is an important new avenue for BSP as it potentially opens the doors to offer our program to the over 25,000 auto dealerships in the USA. . Additionally, it is another small step in our model towards making the BSP rewards available in brick and mortar retail locations. We are very happy to have added these 2 companies and the foray into another of our targeted industries".
Click Here for more news
BSP Rewards, Inc, is a wholly-owned company of MediaNet Group Technologies, Inc. MediaNet Group Technologies is a publicly held Company (OTCBB: MEDG) that encompasses an integrated group of operating divisions that revolve around the many aspects of technology and media including, branded rewards programs web portal programs, television and video production and intellectual properties.
Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. MediaNet Group Technologies, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies.
