October 21, 2016 6:22 PM ET

Internet Software and Services

Company Overview of Scanbuy, Inc.

Company Overview

Scanbuy, Inc. develops a mobile engagement platform that enables the client to connect and engage consumers, employees, organizations, and friends. Its mobile engagement platform provides the tools to track the performance of campaigns with various features, including mobile Website builder, surveys, mobile Web-pages, specialized branding, designer QR Codes, and others. The company provides mVision Insights tool that gives the client access to marketing engagement activity; mPromo, a mobile offer service that helps the client bring in new business; mTargeting, a solution that organizes customers into neat groups with common interests; mPackaging that allows the client to convert the UPC/EAN ...

10 East 39th Street

10th Floor

New York, NY 10016

United States

Founded in 2000





Key Executives for Scanbuy, Inc.

Co-Founder, Chief Executive Officer and Director
Chief Financial Officer
Managing Director for UK
Vice President of Business Development
Vice President of Product Development
Compensation as of Fiscal Year 2016.

Scanbuy, Inc. Key Developments

Scanbuy, Inc. to Add Digimarc Corporation's Barcode Detection to ScanLife Mobile App

Digimarc Corporation announced that Scanbuy, Inc. will add Digimarc(r) Barcode detection to the ScanLife mobile app. Scanbuy will integrate into ScanLife the Digimarc Mobile Software Development Kit (DMSDK), which provides the necessary functionality to support detection of Digimarc Barcodes. The new agreement also gives participating brands and retailers access to the ScanLife Mobile Engagement Platform, providing unprecedented capabilities for creating, managing and tracking the consumer experiences and interactions activated by Digimarc Barcodes. By supporting Digimarc Barcodes, Scanbuy's platform provides an even greater value proposition for brands and retailers in search for more meaningful and direct interactions with their consumers. Millions of ScanLife smartphone app users will be able to scan Digimarc Barcodes, significantly expanding the consumer base that benefits from the patented technology. Scanbuy processed over 45 million engagements by consumers in over 140 countries during the first half of 2015.

Scanbuy Elects Michael Balboni as Chairman of the Board

Scanbuy announced the election of Michael Balboni to Chairman of the Board. Having served on the company board of directors for two years, Mr. Balboni has been involved in the company's ongoing growth and development as a leader in the mobile marketing industry. Mr. Balboni brings a unique blend of experience in both the public and private sectors to his new role. As Founder and Managing Partner of Redland Strategies, Inc., Mr. Balboni leads a consulting team that helps companies and government agencies improve business performance and maximize growth. Prior to that, he served over twenty five years in a variety of public offices in New York, including State Assemblyman, State Senator and Deputy Secretary for Public Safety. In each role, Mr. Balboni was actively involved in developing strategies for improving public safety and maintaining homeland security. During his tenure as a senator, he helped create New York's Office of Homeland Security and led the enactment of nearly every antiterrorism law in the state. The new chairman's business and technology acumen is a good match for the company, which provides innovative mobile marketing solutions.

Agile Network LLC in Partnership with Scanbuy, Inc. Announces EcoReturn®, an Innovative Mobile Process That Revolutionizes Returns

Agile Network LLC in partnership with Scanbuy, Inc. announced EcoReturn®, an innovative mobile process that revolutionizes returns. EcoReturn® allows consumers to simply scan a QR code located on the original shipping label to return merchandise. The mobile process delivers significant benefits to retailers, including notable savings on return shipping, relevant insights to strengthen consumer engagements, and increased opportunities for environmental stewardship. The innovative technology integrates existing carrier return processes, including UPS, FedEx, USPS, CanadaPost, DHL, and more. EcoReturn® consumers use a mobile device to execute a return in less than one minute, about five times faster than conventional methods. Beyond this, EcoReturn® creates a host of retailer benefits: Better customer service through increased data: Mobile consumer insights deliver personalized messaging for ongoing marketing efforts, such as language, gender, geographic location and more. Cost savings on return shipping: Retailers migrate from paper label based packing slips and return labels, creating substantial savings. Reduction of duplicate inventory: Instant merchant notification of items being returned drastically minimizes the cost of duplicate inventory; and positive environmental impact: EcoReturn® eliminates 100% of the waste created by the relatively obsolete, wasteful paper packing slip and unused return labels. Agile and Scanbuy will be showcasing at Retailer’s Big Show (NRF) January 11-13, 2015.

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