Propell Corp. (PROP) propelled higher on new product launch

Posted on: Thursday, June 2nd, 2011
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Propell Corp. (OTCBB: PROP) saw its stock price soar 60.7% Thursday morning to 24.1 cents, on the launch of the company’s new suite of promotional tools. Volume for the stock was 2.8 million shares, compared to a daily average below 75,000.

The company, based in San Anselmo, Calif., is the founder of the PropellShops® “instant ecommerce” system for schools, businesses, nonprofits and the military. Today, it launched PropellSales™, a new suite of promotional tools that easily let any of its ecommerce partners run their own Facebook, Twitter, and email campaigns, customized for their PropellShop store.

Now, with the launch this week of its PropellSales™ tools, any shop owner can launch the latest pricing, product or seasonal promotion, personalized for that shop’s audience, and post it directly to Facebook or Twitter, or add it to their blog, newsletter or email campaign. The system also generates display ads and “buttons” that can be used to promote traffic to a partner’s PropellShop.

Said CEO Ed Bernstein, “Our PropellShop partners, including universities, public schools, and nonprofits, typically have a huge following online, but limited abilities to create custom promotions. Now, with the PropellSales suite, they can just log into their shop and generate the social networking campaign from within their shop console. Facebook and Twitter campaigns can be created, literally, in two clicks.”

Propell Corporation’s PropellShops® service is a web-based e-commerce solution that lets any organization — whether school, nonprofit, sports team or business — instantly create a web store offering customized apparel and gifts featuring their brand, logo or other artwork.

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Category: OTCBB, Technology Stocks
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