Spindle Will Leverage Yowza!! Brand for Its New Comprehensive Mobile Commerce Offerings

Innovative Provider Plans to Release Visionary Mobile Marketing and SaaS Point of Sale (POS) Solutions Under the Yowza!! Banner

SCOTTSDALE, AZ -- (Marketwired) -- 03/26/14 -- Spindle, Inc., (OTCQB: SPDL), a leading provider of mobile commerce solutions, announced that it will use the Yowza!! brand as it rolls out its next-generation integrated mobile commerce offerings, which the company plans to release in stages, beginning in the next 30 days. The new solutions are expected to have a number of industry-leading features, such as integrated consumer-facing mobile marketing and payments functionalities for iOS and Android users, as well as a number of merchant-facing point-of-sale features.

"The Yowza!! brand reflects Spindle's commitment to bring the next wave of mobile commerce services to businesses and consumers," said Michael Stevens, executive vice president of marketing and innovation at Spindle. "As mobile commerce providers, we are always looking for fresh opportunities to help businesses and people engage, interact and transact solely on mobile devices. The introduction of the Yowza!! label reinforces Spindle's ability to transform the merchant-consumer experience through some very unique capabilities we've developed that we believe will reshape the market for years to come."

The Yowza!! platform will offer a variety of benefits for both merchants and consumers, including timely and relevant mobile offers based on the buyer's location and preferences. The combined offerings will also integrate a robust mobile wallet, creating a personalized discovery-to-transaction purchase experience for consumers. As part of the transition, the company will unveil a new Yowza!! logo and is preparing new national and regional go-to-market strategies to leverage the new brand across various industries and geographies.

Spindle acquired mobile marketing company Yowza!! in January, 2014. Once it's launched, Yowza!! will connect a community with 95,000 merchant outlets with the nearly two million consumers who have downloaded the app across the country.

About Spindle, Inc.

Spindle is an innovator of mobile commerce solutions for financial services providers and consumer-facing merchants of all sizes. Spindle is focused on pioneering new ways for businesses to rapidly integrate mobile payments acceptance and mobile marketing services while empowering location-based merchant discovery, fulfillment and frictionless mobile payments for consumers. Spindle is dedicated to expanding beyond traditional electronic payment boundaries by offering cutting-edge solutions that allow clients, partners, merchants and consumers to take full advantage of the rapidly emerging mobile economy. Spindle has an extensive proprietary intellectual property portfolio -- which include patents pending -- that encompass networks, mobile payments, and security. For more information, visit www.spindle.com.

Forward-Looking Statements

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements, as described in our reports filed with the Securities and Exchange Commission which are available for review at www.sec.gov, to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

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Source: Spindle Inc.