The Company is proud to announce Sunday January 8th 2012, was the best App sales day in over 11 months. Month over month revenues are up 33% as of yesterday, downloads are up 10%+, updates up 207% in same time period.
We also released more Android Apps over the weekend for various clients bringing our total to 120. Our goal is to eventually have 1500+ Android Apps for sale, like we do now on iTunes for iPhone/iPad apps. Android App revenue is on track to more than triple what it did last month, mostly because we added new apps, but some older Android apps are starting to pick up in sales.
Recent Company News:
11 consecutive quarters of year over year revenue growth
104% increase in Revenue first 9 months of 2011 as compared to 2010
37% decrease in Expenses first 9 months of 2011 as compared to 2010
New Subscription App Contract Signed with Eckhart Tolle Teachings
(#1 all-time best selling author in Oprah’s Book Club, est. 35 million people watched his webinar with Oprah in 2008, 8 million+ books sold, ranked #1 most spiritually influential person in the world by Watkins Review)
No Reverse Splits and no increase in Authorized Shares through 2012 Q1
100+ iPhone/iPad apps updates released into “new” catagory in the last 60 days
40+ New Android apps released in last 30 days
120 Android apps for sale now
1850+ apps developed (all Platforms)
1500+ iPhone/iPad apps for sale on iTunes
1,050,000+ App downloads
390,000+ App Updates
650k+ of Total App Sales Worldwide
52% of all App Sales are international
3.5M + iAd impressions
$4.77 average eCPM
New Subscription apps released
2 Video Game Apps released, more in development
30 Eckhart Tolle Apps released
Glenn Harrold apps released best-selling Self-Help Author/Hypnotist in UK, his apps ranked in top 200 worldwide.
Less than 1% return/refund rate
Facebook App store announced and in development
Movie/Video Subsciption apps in development
White Label App Development now available to clients
New Digital Distribution Channels offered to clients:
Amazon, iTunes Music Store, E-Music (#2 digital music retailer) Rhapsody, Napster, MySpace Music, Spotify (Europe’s most popular streaming service), Verizon V-cast, Nokia, Last.Fm, MediaNet (formally MusicNet), Tradebit, 24/7 Entertainment, 7 digital, MOG, Myxer (46 million users, in top ten most visited website ), iHeartRadio (on 750 radio stations), and Deezer (top French streaming service with 20 million users).
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Forward-Looking Statements: Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results of the specific items described in this release, and the company’s operations generally, to differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company’s need for additional financing, which is not assured and which may result in dilution of shareholders, the company’s status as a small company with a limited operating history, dependence on third parties and the continuing popularity of the iOS operating system, general market and economic conditions, technical factors, receipt of revenues, and other factors, many of which are beyond the control of the company. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of such statements, and we disclaim any obligation to update information contained in any forward-looking statement.
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