Friendable's App Updates Pave the Way to Revenue Opportunities Through Advertising and Sponsorship
August 23 2016 - 07:05AM
InvestorsHub NewsWire
Friendable Completes Necessary Upgrades to Begin Testing
for Monetization
CAMPBELL, CA--(NewMediaWire - Aug 23, 2016) - Friendable, Inc.
(OTC PINK: FDBL) today announced significant app and app
store updates to usher in a new phase of monetization testing and
revenue.
Updates include:
- Improved App Store Optimization (ASO) to boost organic
downloads and users.
App stability and performance improvements including optimized APIs
for speed and support for a high volume of transactions.
Source code obfuscation for better security and protection of the
source code.
Added profile videos.
Remediation of image upload and messages glitches.
Paging support to event comments, active chats, and
notifications.
Monetization features to event listings including sponsored pop-ups
and highlighted events/locations.
"The ultimate goal of our company is to reach critical mass and
begin to generate revenue that will eventually turn to profits for
Friendable and increased valuation metrics for our shareholders.
These latest round of updates will not only help add users and
improve overall user experience, but will also make it possible for
us to begin testing monetization strategies by offering sponsored
pop up advertising and highlighted event and location specific
placements to businesses or venues such as coffee houses,
restaurants, clubs and other nearby locations looking to attract
more customers," stated Friendable CEO, Robert Rositano Jr.
NEW -- View our latest Video
Overview:
https://vimeo.com/friendable/2016
About Friendable:
Friendable, Inc. is the mobile-social network focused on the
future, rather than sharing the past. It is all about having
location specific and nearby opportunities to connect with others.
The Friendable brand represents a "friends first" approach and
takes all the pressure off its users, making it simple to create
new connections, create meet up style events, or simply tell others
what you are "Friendable" for. Based upon shared interests and
locations, users can engage with what makes sense for them.
Increased user interactions will allow Friendable to offer
advertising and sponsorship opportunities to local
venues/businesses and begin to generate revenue by providing these
venues with location specific opportunities to reach potential
customers when it matters most. As of April 2016, Friendable has
exceeded one million total downloads since the company's inception
and launch of the app.
For more information about Friendable, Inc. please
visit: www.Friendable.com
For Additional Investor Information and to Receive Company
Updates: http://www.friendable.com/fdbloptin
Visit our social media properties at: Facebook: http://facebook.com/friendable
Twitter: https://twitter.com/friendableapp
Instagram: https://www.instagram.com/friendableapp/
Cautionary Language Concerning Forward-Looking
Statements: This press release contains
forward-looking statements. The words or phrases "would be," "will
allow," "intends to," "will likely result," "are expected to,"
"will continue," "is anticipated," "estimate," "project," or
similar expressions are intended to identify "forward-looking
statements." Actual results could differ materially from those
projected by Friendable, Inc. The iTunes rankings should not be
construed as an indication in any way whatsoever of the future
value of the Friendable's common stock or its present or future
financial condition. The public filings of Friendable, Inc. made
with the Securities and Exchange Commission may be accessed at the
SEC's Edgar system at www.sec.gov. Statements made herein are as of
the date of this press release and should not be relied upon as of
any subsequent date. Friendable, Inc. cautions readers not to place
reliance on such statements. Unless otherwise required by
applicable law, Friendable, Inc. does not undertake, and
Friendable, Inc. specifically disclaims any obligation, to update
any forward-looking statements to reflect occurrences,
developments, unanticipated events or circumstances after the date
of such statement.
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