Swirl Granted Patent for Beacon-Powered Mobile Marketing

Supports Ability of Retailers and Brands to Deliver Location-Targeted Mobile Content to In-Store Shoppers

BOSTON, MA  – Swirl Networks Inc., the leading beacon marketing platform provider, announced today that it has been issued a patent from the United States Patent and Trademark Office that secures its innovations in the burgeoning field of beacon marketing. The U.S. patent No. 8,781,502 B1, titled “Systems and Methods for Display of Supplemental Content Responsive to Location,” describes the technology and processes for using beacons to trigger delivery of targeted content to a mobile device based on a user’s location.

Swirl’s platform enables marketers to deliver highly targeted digital content to shoppers’ smartphones based on their precise in-store location, behaviors and preferences. Using Swirl’s Bluetooth® Smart (BLE) beacons, mobile app SDK, network of third party mobile apps and cloud-based software, retailers and brands are able to digitally engage with consumers while they shop in stores.

With more than 90 percent of retail sales still taking place in brick-and-mortar stores, retailers and brands are searching for innovative ways to engage with shoppers on their mobile phones while they are making purchase decisions. Mobile is expected to be a significant contributor to the more than $2.2 Trillion in digitally-influenced in-store retail sales projected for 2015 by Deloitte Digital. Swirl, backed by top-tier strategic investors including Twitter, Simon, Hearst and SoftBank, has developed the industry’s most advanced enterprise-scale platform for beacon marketing. The Swirl platform is used by leading retailers including Lord & Taylor, Hudson’s Bay, Urban Outfitters, Timberland and more.

“Beacon marketing is transforming the way that retailers and brands engage with in-store shoppers,” said Hilmi Ozguc, founder and CEO of Swirl. “As a pioneer in this industry, Swirl has been at the forefront of innovation in the technology and approaches that leverage mobile to connect the physical shopping experience with the digital world. It is gratifying that the US Patent and Trademark Office has recognized our inventions and intellectual property in this very promising new market. We plan to leverage our technology and our recently closed $18million investment round to fuel continued product development and innovation that will lead to even further advances in beacon marketing.”

About Swirl Networks

Swirl offers leading retailers, brand advertisers and publishers the industry’s most advanced platform for beacon-powered mobile marketing. By leveraging the power of Bluetooth® Smart beacons and the Swirl platform, retailers are able to influence in-store shoppers at the precise time and place they are making purchase decisions. Swirl Ad Exchange is the world’s first programmatic private ad exchange for beacon-powered mobile advertising, allowing brands to deliver highly targeted content to shoppers wherever their products are sold. Swirl’s patented technology is used by leading retailers such as Lord & Taylor, Hudson’s Bay, Urban Outfitters, Alex and Ani, Timberland and many more. Swirl is backed by top-tier investors including Twitter, Simon, Hearst, SoftBank Capital and Longworth Venture Partners. Learn more at swirl.com.