StockGuru Shines its Spotlight on Bitzio, Inc. (OTCBB: BTZO) Upon Announcement of Agreement to Acquire Developer of Niche Mobile Applications for Smartphones – July 15, 2011

StockGuru Shines its Spotlight on Bitzio, Inc. (OTCBB: BTZO) Upon Announcement of Agreement to Acquire Developer of Niche Mobile Applications for Smartphones – July 15, 2011

Dallas, Texas (July 15 , 2011) – StockGuru shines its Spotlight on Bitzio, Inc. (OTCBB: BTZO) upon yesterday’s announcement that it has entered into an agreement to acquire a developer of niche mobile applications for smartphones. The Company closed at $0.55 on July 15, 2011, trading on volume of 21,900 shares.

Bitzio Corp., a company separate and distinct from Bitzio, Inc., has been acquired by Bitzio, Inc. Bitzio Corp. has developed over 140 mobile applications in unique vertical markets with over 650,000 downloads in total and is in the process of developing 4,000 additional mobile applications. Bitzio Corp. was founded by Amish Shah in November 2010 and generated application download revenue in its first month of operation.

Shah is considered one of North America’s foremost leaders and experts in the emerging mobile applications space. In addition to his mobile applications business, he has consulted for various blue chip and Fortune 500 companies including Morgan Stanley, AOL andIBM. Shah has joined Bitzio, Inc. as a member of its new Advisory Board.

“We’re very excited to have this suite of applications and talented team as part of Bitzio, Inc.,” said Gordon McDougall, CEO of Bitzio, Inc. “We remain focused on our strategy to broaden our customer base and marketing reach with established and proven mobile application companies that drive value to our bottom line. Amish is extremely well known in the internet marketing and mobile applications industry, with an unprecedented knowledge base on how to build and market multiple applications on varying mobile application platforms. This addition to our company will allow us to attract and accurately assess other pools of talent in the mobile applications community as we continue to execute on our acquisition strategy.”

Amish Shah, founder of Bitzio Corp, notes, “The mobile application space is moving at a pace that few foresaw. Bitzio is at the heart of an industry where experts are estimating revenues of $7.3 billion in 2011 and expecting that revenue to grow over 400% to almost $37 billion by 20151. Quite simply, we have a vision to not only capitalize on this opportunity but also develop a completely new and different mobile development and marketing platform: one that would look at the future – at Web 3.0 – and be on the leading edge of its evolution. With the new team at Bitzio, Inc., this vision is well on its way to becoming a reality.”

[1] App Stores’ Direct Revenue to Exceed $14 billion Next year and Reach Close to $37 billion by 2015″, Canalys Mobile App Store Analysis forecast, June 2011.

About Bitzio, Inc.

Bitzio, Inc. is a company with a strong focus on smartphone applications, social media and marketing optimization. We work with developers of mobile applications to dramatically improve their marketing reach, sales conversion, revenue and bottom line profits. We envision a mobile community where mobile applications enable people to connect in new and meaningful ways, and where Bitzio is a key driving force enabling these connections. For more information on the company, visit us at www.bitzio.com.

About Bitzio Corp.:

Bitzio Corp. is a company that focuses on developing niche mobile applications for consumers and organizations.

This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature or which relate to future events and are subject to risks and uncertainties. In many cases, you can identify forward-looking statements by terminology such as “may”, “will”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential”, or “continue”, or the negative of these terms and other comparable terminology. These statements are only predictions. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a number of factors. The forward-looking statements made in this press release relate only to events as of the date of this release. We undertake no ongoing obligation to update these statements. 

To view the StockGuru Spotlight on OTCBB: BTZO, please visit: http://www.stockguru.com/category/latest-spotlights/

To get free alerts on this and other similar stocks, please register here:

http://www.stockguru.com/?page_id=250

What is the StockGuru Spotlight?

Many companies covered in The StockGuru Spotlight have positive increases in both volume and share price. While this is not true in all cases, StockGuru strives to cover companies in The StockGuru Spotlight that are worth of our readers’ attention.

StockGuru looks for potential break-out candidates in The StockGuru Spotlight.  Many of these companies have had recent news and appear to be getting the attention of investors. StockGuru does not typically feature companies in The StockGuru Spotlight that are compensating StockGuru for this coverage.  There are times when StockGuru covers a stock in The StockGuru Spotlight that had previously compensated Stockguru. Where that is the case, a proper disclosure is included below.   StockGuru and its partners, employees and writers never hold shares, short positions, warrants or any other current position in a stock featured in The StockGuru Spotlight.

To feature a company in The StockGuru Spotlight please contact the Publisher at publisher@stockguru.com.  If our reader is a key person for a publicly traded company, StockGuru can consider that company for either a StockGuru Spotlight or a StockGuru Profile.  Please contact the StockGuru Publisher John Pentony at this email address:  john@stockguru.com.

Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions.  SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and SG makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected”, “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and SG undertakes no obligation to update such statements. StockGuru is occasionally compensated for coverage.  When this is the case, SG clearly indicates this with a disclosure of all compensation received in the past and present.  Additionally SG also discloses any anticipated compensation in the future.  Compensation is typically in cash.  Sometimes a company pays SG in restricted shares. Pentony Enterprise and its associated companies does not take free trading shares for any reason at anytime. StockGuru is not a registered investment adviser or a broker-dealer. StockGuru makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.

John Pentony, Publisher, Stockguru.com

Tel: +1 469 252 3031

e-mail: john@stockguru.com