Cardagin Networks Selected to Present at 2010 Capital Call
Charlottesville, VA— March 1, 2010—Cardagin Networks, Inc. (www.cardagin.com), the developer of a leading proprietary mobile marketing platform, announced today that it has been recognized as one of the six “hottest growth companies in the mid-Atlantic region” and has been invited to present at Capital Call on March 3, 2010 in Reston, Virginia.

Hosted by Cooley Godward Kronish LLP, PricewaterhouseCoopers LLP, Silicon Valley Bank, Comerica Bank and Deloitte, Capital Call is an opportunity for selected companies to present to an audience of 100 venture capitalists and private-equity investors. Capital Call’s selection process is rigorous and competitive.

“We are proud and honored to have been selected as a presenting company for this year’s Capital Call,” said Rob C. Masri, CEO of Cardagin Networks.  “This recognition is compelling validation that our business model is attractive and relevant to the investor community. Cardagin prides itself on addressing the demands and needs of a two-sided market and we are excited to showcase our solution at this prestigious event.”

“Cardagin Networks is potentially a game-changing company to keep your eye on. Their solution is mutually beneficial to businesses and consumers, and their timing is perfect for a market that desperately needs it,” said Carl Grant, Senior Vice President for Business Development at Cooley Godward Kronish LLP.

About Cardagin Networks

Cardagin offers businesses a unique and novel way to cost-effectively and more intelligently improve advertising by digitizing paper and plastic loyalty card programs. More information can be found at http://www.cardagin.com

Cardagin Networks Raises $1 Million in Series A Financing
Charlottesville, VA— March 1, 2010—Cardagin Networks, Inc. (www.cardagin.com), the developer of a leading proprietary mobile marketing platform, announced today that it has raised a round of Series A financing from private investors and angels in Charlottesville, VA, Washington, DC, Atlanta, GA, and Nashville, TN, totaling $1 million.  Further details about the investors of the Series A round were not disclosed.

“This round of funding places Cardagin in a strong financial position,” said Cardagin CEO Rob C. Masri.  “Our company is built on meeting the needs and demands of a two-sided market.  Businesses and consumers will benefit from our platform and we are delighted that investors have validated our technology and vision.”

Cardagin’s mobile platform digitizes the loyalty card programs of local businesses and gives those businesses tools to create, publish and push mobile advertisements directly to members of their loyalty programs. Consumers are able to conveniently manage their loyalty cards directly from their mobile phones, as well as track visits and redeem coupons and promotions from the local businesses that they support.  Cardagin expects to launch its platform in Charlottesville, VA this spring.

About Cardagin Networks

Cardagin offers businesses a unique and novel way to cost-effectively and more intelligently improve advertising by digitizing paper and plastic loyalty card programs. Cardagin was selected as an AlphaPitch company for DEMOfall09 and also selected as a presenting company at Capital Call 2010. More information can be found at http://www.cardagin.com.

CARDAGIN NETWORKS UNVEILS ITS DIGITIZED LOCAL LOYALTY SOLUTION

AT DEMOFALL 2009

San Diego, CA— September 22, 2009—Cardagin Networks, Inc. (www.cardagin.com), the developer of a leading proprietary mobile advertising platform, today announced its participation in the new AlphaPitch Program at the DEMOfall 09 conference.

Companies selected for AlphaPitch undergo a rigorous selection and evaluation process. They must be in the prototype stage of their product lifecycle, pre-revenue, and have received no more than a seed round of funding.

“We are deeply honored that DEMO is offering us this unique opportunity to showcase our company at DEMOfall 09,” said Rob C. Masri, CEO of Cardagin. “We believe that our platform will revolutionize how local businesses interact with their customers and ultimately help local businesses stay in business.”

Cardagin is developing a mobile Internet platform that digitizes loyalty card programs of businesses and makes them available on mobile devices. Businesses can finally monetize their loyalty programs by personalizing mobile advertisements, collecting data on spending habits and tracking advertising dollars.  Customers can conveniently manage their loyalty cards electronically and benefit from the cost savings received from the promotions and rewards of the local businesses that they support.

“Every year I delight in finding the most promising new products that will shape trends in the coming years, and with AlphaPitch we now can offer a view into these visionary products and services even earlier in the process, ” said Matt Marshall, co-executive producer of the DEMO Conference. “Cardagin was selected after intensive scrutiny because of the potential impact it will have in transforming loyalty programs for local business and their customers.”

About DEMO

Produced by Network World Events and Executive Forums, the semi-annual DEMO conferences focus on emerging technologies and new products, which are hand-selected from across the spectrum of the technology marketplace. The DEMO conferences have earned their reputation for consistently identifying tomorrow’s cutting-edge technologies, and have served as launch pad events for companies such as Palm, E*Trade, Handspring, and U.S. Robotics, helping them to secure venture funding, establish critical business relationships, and influence early adopters. Each DEMO conference features approximately 70 new companies, products and technologies. For more information, visit www.demo.com.

About Cardagin Networks

Cardagin offers businesses a unique and novel way to cost-effectively improve advertising by digitizing paper and plastic loyalty card programs. More information can be found at http://www.cardagin.com.

CARDAGIN NETWORKS UNVEILS ITS DIGITIZED LOCAL LOYALTY SOLUTION

AT DEMOFALL 2009

San Diego, CA— September 22, 2009—Cardagin Networks, Inc. (www.cardagin.com), the developer of a leading proprietary mobile advertising platform, today announced its participation in the new AlphaPitch Program at the DEMOfall 09 conference.

Companies selected for AlphaPitch undergo a rigorous selection and evaluation process. They must be in the prototype stage of their product lifecycle, pre-revenue, and have received no more than a seed round of funding.

“We are deeply honored that DEMO is offering us this unique opportunity to showcase our company at DEMOfall 09,” said Rob C. Masri, CEO of Cardagin. “We believe that our platform will revolutionize how local businesses interact with their customers and ultimately help local businesses stay in business.”

Cardagin is developing a mobile Internet platform that digitizes loyalty card programs of businesses and makes them available on mobile devices. Businesses can finally monetize their loyalty programs by personalizing mobile advertisements, collecting data on spending habits and tracking advertising dollars.  Customers can conveniently manage their loyalty cards electronically and benefit from the cost savings received from the promotions and rewards of the local businesses that they support.

“Every year I delight in finding the most promising new products that will shape trends in the coming years, and with AlphaPitch we now can offer a view into these visionary products and services even earlier in the process, ” said Matt Marshall, co-executive producer of the DEMO Conference. “Cardagin was selected after intensive scrutiny because of the potential impact it will have in transforming loyalty programs for local business and their customers.”

About DEMO

Produced by Network World Events and Executive Forums, the semi-annual DEMO conferences focus on emerging technologies and new products, which are hand-selected from across the spectrum of the technology marketplace. The DEMO conferences have earned their reputation for consistently identifying tomorrow’s cutting-edge technologies, and have served as launch pad events for companies such as Palm, E*Trade, Handspring, and U.S. Robotics, helping them to secure venture funding, establish critical business relationships, and influence early adopters. Each DEMO conference features approximately 70 new companies, products and technologies. For more information, visit www.demo.com.

About Cardagin Networks

Cardagin offers businesses a unique and novel way to cost-effectively improve advertising by digitizing paper and plastic loyalty card programs. More information can be found at http://www.cardagin.com.