Truli Media Group, Inc. Begins Generating Revenue
March 13 2013 - 8:00AM
Marketwired
Truli Media Group, Inc. (OTCQB: TRLI), owner and operator of
faith-based & family media content platform and social
community hub Truli.Net, today announced that it is moving from
pre-revenue to revenue-stage generation.
"This is a very exciting time for Truli and our investors," said
Michael Jay Solomon, Chairman of Truli Media Group. "Now that we
have built up our monthly unique visitors, added more quality and
family content, and established a new online platform, we are
focused on scaling up our revenue stream. For our shareholders, our
growing user base will help generate revenue and increase the
enterprise value of Truli. Recently launching the upgraded
Truli.Net enables us to accommodate more ad space which generates
additional revenue and allows us to further drive our growing user
and fan base to the Truli shopping network. At our online store, we
have 300,000 plus items already available through Christian Books,
which does all our fulfillment. We are thrilled to reach this major
milestone, and we look forward to further implementing our highly
scalable business model, which includes additional profit centers,
with our money and resources on hand."
About Truli
Truli.com offers a unique distribution platform focused on
Christian and family-friendly content that is free for users to
view, interact and engage with on any mobile apparatus such as
tablets, phones, smart TV, etc. Truli.com is free for ministries as
many additional sermons are delivered weekly, as well as music
videos, film/television content, sports, comedy and educational
material. Truli offers a single platform that is flexible and easy
to access to connect users, enabling the delivery of relevant and
family content to the Evangelical community market of 100+ million
people in the U.S. (and 700+ million outside the U.S.) representing
$4.3 billion of annual gross industry sales in the U.S. alone.
Safe Harbor Statement
This news release contains statements that involve expectations,
plans or intentions (such as those relating to future business or
financial results, new features or services, or management
strategies) and other factors discussed from time to time in the
Company's Securities and Exchange Commission filings. These
statements are forward-looking and are subject to risks and
uncertainties, so actual results may vary materially. You can
identify these forward-looking statements by words such as "may,"
"should," "expect," "anticipate," "believe," "estimate," "intend,"
"plan" and other similar expressions. Our actual results could
differ materially from those anticipated in these forward-looking
statements as a result of certain factors not within the control of
the company. The company cautions readers not to place undue
reliance on any such forward-looking statements, which speak only
as of the date made. The company disclaims any obligation
subsequently to revise any forward-looking statements to reflect
events or circumstances after the date of such statements or to
reflect the occurrence of anticipated or unanticipated events.
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Contact: Investor Relations Chuck Arnold
386.409.0200 Email Contact
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