Warp9 Makes Major Announcement on New Client Signing & Expanded Mobile Commerce Market Penetration

This morning WNYN has come out with a solid piece of news and signed a major distributor of high-end equipment. Since 2006 Tactical Distributors has distributed products from brands like Under Armour, Surefire, Pelican, EOTech, and G-Shock.These are multi-million and billion dollar companies and Tactical is a major distributor that just so happens to also use one of the top 3 e-commerce solutions through Magento…but does not have a way to access customers through mobile devices…yet

 

Since July, Warp9’s mission has been to secure as many of Magento’s 240,000 businesses who do not have a mobile offering.  And if you think mobile is “just an added bonus”, think again. A recent Google study in partnership with Nielsen revealed that smartphone users spend as much as 15+ hours a week researching products on their phones. More importantly, in 2013, US M-Commerce sales grew by an eye popping 63% to $34.2Billion. Meanwhile growth in mobile commerce shows a rise in purchases to $61B for tablet users and $25B attributed to smartphone and other mobile devices by 2016.

 

Andrew Van Noy, CEO of Warp 9 said, “WarpMobile Magento will give these customers access to Tactical’s product lines with a click of a button from their smartphones. By developing an affordable and scalable platform that can be customized by Tactical Distributor’s management, the brand will be in a better position to capture additional market share, and improve overall revenue.”

 

Warp9 has been flying under the radar for months now and I think that this announcement could be just the catalyst to see some fireworks.  The company has quietly begun to build a marketshare in a fairly un-tapped industry that analysts have identified as a huge growth niche over the next 4 years.  Best part of this is that we are seeing it first!

 

Tactical Distributors Retains Warp 9 to Develop Mobile E-Commerce Solution

SANTA BARBARA, CA–(Marketwired – Sep 3, 2014) – Warp 9, Inc. (OTCQB: WNYN), the premier provider of mobile and e-commerce solutions for midsize online sellers, today announced that it has entered into agreement with Tactical Distributors, a tactical equipment provider, to utilize the WarpMobile Magento platform in developing a robust mobile solution for Tactical’s Magento e-commerce website.

Founded in 2006, Tactical Distributors LLC was originally a high-end equipment distributor that has in recent years expanded to the retail market. The company offers high-end apparel, footwear, cameras, knives, tools, lighting, and other accessories through household brands such as Arc’teryx, Under Armour, Benchmade, Surefire, Pelican, EOTech, G-Shock and others.

Warp 9 will be tasked with developing the brand’s mobile e-commerce solution to sustain the growth that the company has experienced over the past few years, especially within the retail market. Warp 9’s industry leading mobile platform, WarpMobile Magento, will easily integrate with their existing Magento website and enable Tactical to grow their mobile marketing promotions and campaigns. In addition, WarpMobile Magento will extend a simple, user-friendly mobile design to Tactical’s customers, making it easier and more streamlined for customers to find products and checkout. This will result in increased sales and positive customer experience when purchasing from mobile devices.

“Tactical Distributors is a dynamic brand whose growth can be attributed to providing not only great products, but also a great shopping experience,” said Andrew Van Noy, CEO of Warp 9. “They have a loyal following of customers who want to access their great products from their smartphones. WarpMobile Magento will give these customers access to Tactical’s product lines with a click of a button from their smartphones. By developing an affordable and scalable platform that can be customized by Tactical Distributor’s management, the brand will be in a better position to capture additional market share, and improve overall revenue.”

In July, Warp 9 announced the launch of WarpMobile Magento, an affordable and scalable mobile solution for Magento’s 240,000 e-commerce websites. The timing of this announcement coincides with explosive growth in the mobile commerce space, as Internet Retailer recently reported that the top 500 leading retailers will generate approximately $84 billion in 2014. The WarpMobile Magento offering was developed specifically to serve the 240,000 businesses currently using Magento e-commerce solutions of which approximately 85%-90% do not have a mobile platform.

About Warp 9

Since 1998, Warp 9, Inc. is the premier provider of eCommerce solutions for midsize online sellers. Offering fully managed Software-as-a-Service web and mobile eCommerce technology, Warp 9 allows customers to focus on their core online businesses, rather than on technical implementations. To learn more about Warp 9, please visit www.warp9inc.com or on Twitter at www.twitter.com/warp9inc, or on Facebook at www.facebook.com/warp9inc

Safe Harbor Statement

Matters discussed in this press release contain statements that look forward within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect” and similar expressions identify such statements that look forward. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the statements that look forward contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These statements that look forward are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

 

Disclaimer:

Don’t ever invest based on what I say.  Do your own research and consult with a licensed profession before investing.  Any statements and opinions given are amateur and biased and should be treated as such.  Past performance does not indicate future performance in any way.  The performance of all alerts uncompensated and compensated in no way predict the performance of current and/or upcoming alerts.  Check the latest SEC filings before investing, and research other information on the risks of investing in microcap companies at www.sec.gov. Investor News Source has been compensated two housand five hundred dollars by the company for market awareness on Warp9Inc. For important information concerning this email, including applicable disclaimers, compensation consideration, and additional information please make sure to read the information contained within.  To view our full disclaimer, click HERE.

Special Report on Warp9, Inc. : How One Virtual Commerce Solutions Provider is carving out a New Niche in Mobile

 

 

The “wave of the future” once imagined over 50 years ago is here today. What I mean by this is that retail businesses are now accessible to everyone, nearly everywhere, and for the most part, at all hours of the day. There are hundreds of ways that retailers can take advantage of virtual retail sales and one of the most popular as well as effective options is actually selling through a 3^rd party “store operator”. Yes that’s correct, instead of building an online retail outlet from the ground up, businesses can employ the framework of a “storefront” through tech companies that hold a business in designing an ecommerce portal. One such provider is Magento, an ecommerce solutions provider, which is owned by Ebay, Inc (EBAY).

 

The latest 2014 IR Top 500 Guide has been released and Magento has overtaken Demandware to join Oracle (ORCL) and IBM (IBM) as the top three providers to the top 500 internet retailers in the US and Canada. Magento has 34 merchants on the latest edition of the IR Top 500 list, doubling the number of merchants from the 2013 list. Magento clients include marquee brands like COACH and fast-growing brands and retailers like Alex and Ani, Zumiez, and Signature Hardware. The key for business owners is to find the best way to connect a back-end solution such as Magento to an actual virtual storefront. Therefore a keen and effective SaaS (software-as-a-service) company is crucial for implementation.

 

 

Warp9, Inc. & Managed SaaS for Medium Enterprise Solutions

 

By offering fully managed SaaS web and mobile e-commerce technology, Warp 9 (WNYN) allows customers to focus on their core online businesses, rather than on technical implementations. July marked the official launch of WarpMobile Magento, an affordable and scalable mobile solution for Magento’s 240,000 e-commerce websites. Warp9 has a wealth of experience having started in 1998 during the early stages of the Internet boom. Over the course of the last 16 years, the company has established customer relationships with the likes of companies like Upper Deck (Trading cards), Berkley Aviation, Big Dog Sportswear, California Wine Club, Champion Design Group, Commission Junction, Duck (tape & adhesives), Home Depot Fondation, and even Panasonic to name a few.

 

In 2011, Warp 9 became the very first Moovweb (www.moovweb.com) independent development partner and built the m.sundancecatalog.com mobile site (http://www.mobilecommercedaily.com/sundance-catalog-mcommerce-site-to-address-growing-mobile-traffic) Since building that site, Warp 9 became the largest Moovweb development partner, building and maintaining the mobile sites for companies such as Macys, Bloomingdales, Belk, Under Armour, Movado, Kay Jewelers, Jared Jewelers, John Deere, and Vitacost. The 3 years of experience working with these world-class brands and their mobile sites gave Warp 9 a wealth of mobile experience and expertise. 

 

 

 

How Warp9 is Working to become the Market Leader for Mobile Commerce

 

Currently, within the Magento developer ecosystem, there are 260 developer integrators like Warp 9 on the Magento platform but there isn’t a clear leader in mobile commerce. Many development companies build mobile sites, but they almost always build the mobile site at the same time as building a new desktop site.

 

What that means is that for most retailers/merchants, they have to spend the time and money re-building their WHOLE desktop site in order to go mobile. This is extremely expensive, and most medium sized companies just can’t do that. According to Warp9’s research, 85-90% of all Magento sites don’t have a mobile site. As long as they have to re-build their whole desktop site to get mobile, that number won’t decrease any time soon. Warp 9 has built 3 products that will eliminate the need to re-build their desktop site, and will give them a powerful mobile site for a fraction of the cost all while cutting down on the time it usually takes to do so.

 

This having been said, it would appear that the goal of Warp9 is to become the largest and best mobile commerce development company on the Magento platform. When opening a desktop website during the early boom, the first movers on back end designed benefited greatly from their foresight. Now that Mobile has quickly gained more interest, Warp9 has identified the need and is diligently working to control the most market share.

 

 

The Growth Model: Mobile Commerce still yet to Truly be Tapped

 

According to a recent report by Goldman Sachs, there will be as much mobile commerce in 2018 as e-commerce in 2013. Increasing smartphone adoption and the rise of mobile commerce is changing the way people research and buy. A recent Google study in partnership with Nielsen revealed that smartphone users spend as much as 15+ hours a week researching products on their phones. More importantly, in 2013, US M-Commerce sales grew by an eye popping 63% to $34.2Billion. Meanwhile growth in mobile commerce shows a rise in purchases to $61B for tablet users and $25B attributed to smartphone and other mobile devices by 2016. Oh and don’t forget the fact that on Black Friday last year, traffic from mobile accounted for 40% of total online shopping visits! Yet, many brands fail to realize the potential of mobile and are only focused on improving their e-commerce store.

 

These facts obviously support a dynamic shift in how consumers purchase products and even though there are those who do see the necessity for a mobile outlet, there are thousands of online retailers who are still skeptical. For this exact reason, the opportunity for Warp9 to emerge becomes increasingly larger especially during these early stages in the development of this new marketplace.

 

Of course with any public company…especially those in the OTC, the true tale of the tape comes in the form of SEC Filings. A look at the company’s most recent quarterly filing shows some great numbers. Even though the company posted slightly lower revenue numbers, it did show a more streamlined operation. For the 3 months ended March 31, WNYN saw an increase in gross margins from 80% to 84% compared to the same period last year.

 

In a recent interview on MoneyTV, company CEO Andrew Van Noy discussed how Warp9 is moving toward the mobile trend and has been received very well by its customers. Also, he eluded to the notion that there are currently no Magento partners really focused on mobile and due to the quick turnaround of its “express package”, a client can open a mobile site in a week if not sooner. Mr. Van Noy stated that this is a “game changer” for m-commerce.

 

According to the company’s most recent press release, Warp 9 anticipates offering multi-tiered solutions providing affordable and efficient m-commerce solutions for small businesses, as well as powerful and robust platforms intended for enterprise level organizations such as Fortune 500 companies. The offerings; Express, Pro, and Enterprise, all provide the features and customization needed for mobile transactions without affecting server side business logic, allowing businesses of all sizes to focus on generating sales and increasing revenue.

 

MobileCommerce Insider authored an article detailing Warp 9’s launch of the mobile commerce solutions group to address the growing needs of its customer base, expanding its use of Magento platform technology.

 

So for these reasons, we’re going to closely follow Warp9 and its progress during the second half of the year and into 2015 as this company works to become the market leader in the m-commerce technology space utilizing the untapped resource of the Magento network.

 

 

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Disclosure & Disclaimers
Do your own research and consult with a licensed profession before investing.  Any statements and opinions given are amateur and biased and should be treated as such.  Past performance does not indicate future performance in any way.  The performance of all alerts uncompensated and compensated in no way predict the performance of current and/or upcoming alerts.  Check the latest SEC filings before investing, and research other information on the risks of investing in microcap companies at http://www.sec.gov. Investor News Source has been compensated Two thousand Five Hundred dollars by the company for market awareness and content services regarding Warp9, Inc. For important information concerning this email, including applicable disclaimers, compensation consideration, and additional information please make sure to read the information contained within.  To view our full disclaimer, click here.