ETI success story!...
ETI success story!
Erie Technology Incubator client company, M-Dot Network, was acquired by Inmar, Inc. in April of 2011. Exact figures are unavailable at this time but we understand that M-Dot investors received a substantial return on their investment.
M-Dot Network provides open and secure integration between a network of retailers and issuers of digital incentives such as coupons, gift cards, and points programs which allows for consistent, secure, and compliant transaction processing at the point-of-sale (POS). The M-Dot solution, which Inmar has combined with proprietary technology and named the Inmar Digital Promotions Network™, leverages existing in-store infrastructure to securely redeem paperless coupons at checkout, in real-time.
The founder of M-Dot Network, Bill Catania, has been named Inmar's Vice President of Retail Networks. "I'm excited to build out our retailer network. By joining with Inmar, we have a very strong value proposition for retailers and I'm confident that the Inmar solution will make widespread use of digital coupons a reality."