Scanners Gaining Momentum in mPOS Market

NEWARK, Calif. – May 19, 2014– Socket Mobile, Inc. (OTC: SCKT), an innovative provider of mobile productivity solutions, reported at its annual meeting of stockholders that the company is continuing to gain barcode sales momentum in the emerging mobile point of sale (mPOS) market. Driven by sales into the mPOS market, total revenue from sales of Bluetooth barcode scanners in 2013 grew 69 percent, and first quarter 2014 barcode scanning revenue grew 16 percent sequentially over the previous quarter. Socket Mobile’s growing base of registered mPOS application developer’s numbers more than 90.

Kevin Mills, Socket Mobile’s President and CEO stated, “Socket Mobile’s barcode scanners are designed for mobile use, are easy to connect and use with smartphones and tablets using Apple, Android® or Windows® operating systems, are attractively priced, have antimicrobial housings and have a stylish look and feel in multiple colors for image conscious customers and retailers. Developers find it easy to incorporate our barcode scanners into their application solutions in a wide range of products including entry level linear barcode scanners, powerful laser barcode scanners, and sophisticated 2D barcode scanners, all designed for ease of use in a mobile retail environment.

“In addition to mPOS, Socket Mobile is seeing a great deal of developer interest in creating commercial services and enterprise mobility applications that are expected to contribute to future revenue growth. Hundreds of applications have been introduced by registered developers into the marketplace and many more are under development. Today, Socket Mobile has over 900 registered developers,” Mills concluded.

Socket Mobile barcode scanners are available worldwide through distributors and authorized resellers. To locate an authorized reseller, go to www.socketmobile.com , click on ‘Partners & Solutions’ and ‘Find Authorized Resellers’. More information about Socket Mobile’s registered developer program is available at www.socketmobile.com, click on ‘Developers’.

About Socket Mobile Founded in 1992, Socket Mobile is a leading innovator of mobile devices and productivity tools for retail point of sale, field service, healthcare, and other mobile markets. Our portfolio includes wireless handheld and hands-free barcode scanners for tablets and smartphones; durable handheld computers and accessories; and OEM solutions for the mobile device market. Socket Mobile is headquartered in Newark, Calif. and can be reached at +1-510-933-3000 or www.socketmobile.com. Follow Socket Mobile on Twitter @socketmobile and subscribe to sockettalk.socketmobile.com, the company’s official blog.

Media Contacts:
Dave Dunlap
Chief Financial Officer
510-933-3035
dave@socketmobile.com

Socket and the Socket logo are registered trademarks or trademarks of Socket Mobile, Inc. Apple, iPad, iPhone, and iPod touch are trademarks of Apple, Inc., registered in the U.S. and other countries. All other trademarks and trade names contained herein may be those of their respective owners.

© 2014, Socket Mobile, Inc. All rights reserved.