SOURCE: Multimedia Platforms, Inc. 

Multimedia Platforms, Inc.

 

FT. LAUDERDALE, FL--(NewMediaWire - Feb 12, 2016) - Multimedia Platforms, Inc. (OTCQB: MMPW) ("MMPW" or the "Company"), the only publicly-traded LGBT media company, is the go to news source for the national LGBT community with reach of over 7.5 million monthly readers. The strength of this national coverage is based on the significant "Hyper Local" solutions that its five publications provide to the country's top LGBT markets; Southern California, New York and Florida.

The Company's publications generate revenue streams in local and national advertising. The successful monetization efforts of the print segment of the business generated topline 2015 revenue to be reported in a soon to be released filing and is on pace to exceed those figures in 2016. This has allowed MMPW to attract industry-leading editors, photographers, writers and journalists to create the best LGBT focused content in the business. The content and editorial created by these experts has allowed MMPW to proudly launch the global digital hub, WiRLD. Through WiRLD, the Company is able to further aggregate users and create additional exposure for publishers, with much lower distribution costs, compared to the competition.

Bobby Blair, Chief Executive Officer of Multimedia Platforms, commented, "We believe we have created a business model through our hyper local print publications that has established global reach and is a driver in creating an international footprint. The MMPW publications drive revenue, increase online users, establish brand awareness and build valuable first party data on the desirable LGBT consumer demographic. We are also now driving traffic and new revenue to WiRLD, further solidifying our leadership within the community."

MMPW is currently in a public BETA release of www.WiRLD.com.

About Multimedia Platforms:
Multimedia Platforms Inc. ("MMPW") is an industry-leading multimedia, technology and publishing company that delivers content and advertising to one of the most sought-after demographics in the world, the Lesbian, Gay, Bisexual and Transgender (LGBT) population. MMPW's top brands include Frontiers magazine, Florida Agenda, FunMaps, Guy magazine and Next magazine representing approximately 7.5 million readers and 4+ million unique online visitors, annually.

MMPW's WiRLD digital hub features a global newsstand, global business directory, community LGBT network, a first of the kind rewards program and an online entertainment network to launch during the second quarter of 2016. WiRLD is currently in beta. 

For more information please visit www.multimediaplatformsinc.comwww.WiRLD.com, or follow us on Twitter at https://twitter.com/mmpworldwideinc

Safe Harbor Statement:
Any statements that are not historical facts contained in this release are "forward-looking statements" as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipates," "believes," "should," "intends, " "estimates," and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing or required licenses, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date the statements were made, and the companies do not undertake any obligation to update forward-looking statements. We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA.

Multimedia Platforms Inc.
www.multimediaplatformsinc.com
www.WiRLD.com
https://twitter.com/mmpworldwideinc

 

 

CONTACT INFORMATION

 

Investor Contact:
Capital Markets Group, LLC
Valter Pinto
PH: 1.914.669.0222 x201
Email: Valter@CapMarketsGroup.com