11/14/2023

speaker
Operator
Conference Operator

Good afternoon, ladies and gentlemen, and welcome to the Mobility Holdings Corp. Third Quarter 2023 Earnings Results Conference Call. At this time, all lines are in a listen-only mode. This call is being recorded on Tuesday, November 14th, 2023. I would now like to turn the conference over to Mr. Brett Moss from Hayden IR. Please go ahead.

speaker
Brett Moss
Investor Relations (Hayden IR)

Thank you, Operator. Hosting the call today are Tom Aiken, Chairman of the Board, Kim Carlson, Chief Operating Officer. Before I turn the call over to management, I'd like to call everyone's attention to the company's safe harbor policy. Please note that certain statements made on this call will be forward-looking statements, which are subject to considerable risks and uncertainties. We can caution you that such statements reflect management's best judgment based on factors currently known, and that actual results of these events could differ materially. Please refer to the documents filed by the company from time to time with the SEC, and in particular, its most recently filed annual report on Form 10-K. These documents contain and identify important risk factors and other information that may cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made during this call are being made as of today. If the call is replayed or reviewed after today, the information presented during this call may not contain current or accurate information. Except as required by law, the company assumes no obligation to update these forward-looking statements publicly or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if the new information becomes available in the future. Today's call may include non-GAAP financial measures, which require reconciliation to the most direct, comparable financial measures, which are calculated and presented in accordance with GAAP and can be found in today's press release along with our recent corporate presentation, which is also available at mobility.com. With that said, I'd like to turn the call over to Tom Aiken. The common floor is yours.

speaker
Tom Aiken
Chairman of the Board

Thank you, Brett, and hello, everyone. Thanks for joining us today for Mobility's Q3 webinar. 2023 earnings call. During the third quarter, we continue to identify on and execute the steps necessary to complete our business transformation and focus primarily on Connected Rewards. Connected Rewards is a platform that connects digital-first businesses like game publishers with real-world brands and powers the interaction between the digital and the real world. Mobivity enables digital businesses to offer their users real world rewards like free food at a quick service restaurant or discounts on gasoline in exchange for actions taken in a digital environment, like downloading a game or reaching a certain level of game play. The response to the platform has been overwhelmingly positive from both the brands and the digital publishers. The addressable market is robust and we continue growing our pipeline and product offerings. Our pipeline for new brand partnerships has grown dramatically since the last quarter and we're encouraged by the team's progress. We've also innovated and launched new products that expand our addressable market and drastically reduce our sales cycle. Furthermore, we have undertaken a thorough analysis of the best ways to shape the business for the future and give Connected Rewards platform the fuel that it needs to grow. We worked long and hard to find a solution and look forward to having an update for our investors in the near term. We remain optimistic about the prospects for our business and are confident in the path forward to grow and scale Connected Rewards. I'd like to hand over the call now to Kim Carlson, our COO, who will discuss details of our continued business transformation. Kim?

Disclaimer

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