Loopt integrates Specials, Discounts Offered by Local Merchants

Mobile social networking service Loopt (www.loopt.com) has announced it has integrated local advertising that lets mobile consumers tap into offers, coupons and discounts with local neighborhood retailers. This new set of local advertising offers on Loopt is powered by Mobile Spinach, who has built a database of completely unique, relevant and hyper-targeted local offers not available through any other service provider.

For example, Blowfish Sushi, a Sushi restaurant in San Francisco, offers any signature roll for free, which typically costs $10-$15 per roll. Or Palio D'Asti, an Italian Restaurant in San Francisco's Financial District, offers an exclusive 30% off dinner this week only! Loopt users can simply show their phone message at the restaurant to receive these discounts. These and other offers will be available to all users in San Francisco. Additional major metropolitan areas such as Los Angeles and New York will be added during the coming months.

"Loopt users can now get offers and discounts everyday on the items and events they are interested in and be able to redeem these discounts right from the handset," said Sam Altman, CEO of Loopt. "We love adding fun to the Loopt experience, especially when it brings real value to our users by allowing them to save money on everyday things they want and need."

Loopt users are informed about offers from local merchants in their immediate neighborhood, and are provided directions and contact details for the retailer. Offers can be redeemed directly from the phone, or can be sent by SMS and Email.

"We like to say that, 'Mobile Spinach is good for you' and that's because we can really inject some oomph into your entertainment and shopping without you ever having to go online or search the web," said CEO Antonio Vitti. "We are delivering this new shopping power right to the mobile handset."

The service provides local merchants with a simple, cost-effective tool to reach highly targeted audiences while providing consumers with real value through discounts and offers on everyday things they want and need.

With more than 3 million registered users and partnerships with every major U.S. carrier, Loopt is the leading location-based social networking service. People can download Loopt for free from the Apple iTunes store, or directly from http://www.loopt.com. Loopt runs on over 100 phones, including the iPhone, BlackBerry devices and Android. See http://www.loopt.com/phones for the full range of supported handsets.