Tulsa, OK -- March 23, 2017 -- InvestorsHub NewsWire --
AppSwarm, Corp (OTC: SWRM)
a company that focuses on the acquisition and development of
application-based technologies, has announced the launch of its
in-house developed ecommerce website, Urban Bamboo Designs
(www.urbanbamboodesigns.com).
Ronald Brewer, CEO of AppSwarm, Corp stated, We are excited to
see the launch of our first ecommerce site. This site was developed
in-house and is already producing revenue. We are pleased to say we
will be announcing more sites soon. Some of these sites are
acquisitions of well established companies and some, we will
develop in-house within sectors that we believe to have great
revenue potential.
As mentioned before, US e-commerce sales are at a current level
of only 8.40% of retail sales, up from 8.10% last quarter, AppSwarm
management sees an opportunity to apply its current business model
to this burgeoning sector.
Reports indicate that in coming years, online sales will
increase exponentially as users become more familiar and
comfortable shopping from their smartphones. American online
sales are slated to reach $523 billion by 2022, up 56% from
$335 billion in 2015.
Mobile devices are expected to be a key driver in this growth.
With smartphone models becoming larger, and wireless networks
becoming faster, Forrester Research Inc. projects that online sales
will grow by an average annual rate of 9.32%, amounting to an
additional 26 million online retail shoppers by 2020. This equates
to over 270 million online shoppers.
Why bamboo?
- Bamboo is the fastest growing plant on this planet. It has been
recorded growing at an amazing 47.6 inches in a 24-hour
period.
- Bamboo is a crucial element in the balance of oxygen and carbon
dioxide in the atmosphere. A grove of bamboo release 35% more
oxygen than an equivalent stand of trees. Because of this, planting
bamboo is a great way to reduce your carbon footprint and help
fight global warming.
- Bamboo is a viable replacement for wood. It can be harvest in
3-5 years versus 10-20 for most softwoods. It can outyield pine 6
to 1 in biomass production. It is also one of the strongest
building materials with a tensile strength of 28,000 psi. To help
give you an idea how much this is, mild steel measures 23,000
psi.
- It is a great soil conservation tool. It greatly reduces
erosion with a sum of stem flow rate and canopy intercept of 25%.
This dramatically reduces rain run-off, preventing massive soil
erosion and making it very earth friendly.
- Bamboo can be eaten (new shoots), made into fiber for clothing,
it can be used in concrete reinforcement, in can provide great
livestock feed with the foliage being up to 22% protein, it can be
machined into numerous forms of lumber, etc.
- Bamboo can also tolerate extreme conditions that most plants
cannot. It was actually the first plant to re-green after the
atomic blast in Hiroshima in 1945.
About AppSwarm
AppSwarm, Inc. is a technology development and incubation
company focused in accelerating the development of mobile
applications and technology, fast-tracking product to market.
AppSwarm partners with application developers through joint
ventures, royalty agreements, marketing partnerships, and outright
purchase agreements.
For more information, visit us at www.app-swarm.com, or follow us on Facebook https://www.facebook.com/AppSwarm or
Twitter https://twitter.com/appswarm
DISCLOSURES: "Safe Harbor" statement under the Private
Securities Litigation Reform Act of 1995: This press release may
contain forward-looking statements that are subject to risk and
uncertainties, including, but not limited to, the impact of
competitive products, product demand, market acceptance risks,
fluctuations in operating results, political risk and other risks
detailed from time to time in the Company's filings with
OTCMarkets.com and as required to the Securities and Exchange
Commission. These risks could cause SWRM's actual results to differ
materially from those expressed in any forward-looking statements
made by, or on behalf of, the Company.
Investor and Media Contacts: 888-886-8583
info@app-swarm.com
www.app-swarm.com