CAMPBELL, CA--(NewMediaWire - Mar 23, 2017)
- Friendable, Inc. (OTC
PINK: FDBL), a mobile and social focused technology
company, today announced that its mobile app, a location and events
based social platform, was the number one social media app in
Canada for 1 day in March 2017, while reaching the top 50 in China.
The rankings were achieved in the paid app category of social
networking within each country's Apple iTunes App Store users.
Additionally, both the free and paid versions of the Friendable
App are ranked within the top 150 apps in the categories of free
and paid social networking apps in over 80 countries
worldwide.
The Company's Friendable App enables users to
create one-on-one or group-style meetups for food, drinks, live
music, or any occasion. Meetups are set up as events by a user and
based on a specific user location or desired venue for
each.
Today's news follows the Company's February 14th shareholder
update in which it reported that, in 2016, the most significant
spikes in Friendable App rankings, downloads, and user engagement
were realized during concerted marketing initiatives. The Company
believes these new rankings suggest that when consumers learn about
the Friendable App and try it, they respond positively. These
recent rankings were entirely organic.
"We have not implemented any proactive marketing initiatives
since completing our strategic investment in Hang W/, Inc. in
October 2016 and embarking on a relationship designed to bring new
opportunity for Friendable and our product offerings," said
Friendable CEO, Robert A. Rositano Jr. "Periodically, we pause all
marketing to evaluate the marketplace's organic trends so we can
generate a new baseline against which to measure the ROI on our
various marketing programs. We expect our metrics to go flat from
time to time, which is typically a function of marketing
initiatives or not. We were pleasantly surprised to see our
rankings spike in China and Canada -- two diverse markets."
About Friendable
Friendable, Inc. is a mobile technology company that develops,
acquires, and invests in mobile applications with a social focus.
In 2013, the Company released its flagship product Friendable, a
mobile social application where users can create one-on-one or
group-style meetups for food, drinks, live music, or any occasion.
In 2017, Friendable, Inc. will release "Fan Pass", a live streaming
video application where fans can watch exclusive video content of
their favorite celebrities by subscribing to celebrity channels.
Through the Friendable and Fan Pass mobile applications,
Friendable, Inc. aims to become the premier social platform
dedicated to connecting and engaging users to expand connections
beyond today's existing limitations.
Visit our social media properties
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.