Infinity Augmented Reality and Mobli Director Moshe Hogeg Announces Deal With Carlos Slim-s America Movil, Concluding Strategic Investment in Mobli

NEW YORK, NY — (Marketwired) — 11/06/13 — Infinity Augmented Reality, Inc. ("Infinity Augmented Reality" or "Infinity AR") (OTCQB: ALSO) announced today that director Moshe Hogeg has concluded a strategic investment with Carlos Slim-s América Móvil for Mobli. As reported by Reuters, the company stated that as part of a $60 million funding round, a collaboration agreement has been reached to introduce Mobli products to América Móvil mobile users