Imerjn Acquires GiddyUp App
January 21 2014 - 6:00AM
Xumanii (DBA Imerjn) (OTCQB:XUII), announced that it has acquired
the popular GiddyUp app. The acquisition of the app is complete and
not subject to any additional closing conditions or financing.
The app allows users to coordinate and plan "meet ups" and
events with friends in real time. The app has received 10,000+
downloads, 120,000 unique sessions and over 50,000 event
invitations sent. This is a brief video that explains how it works.
The app includes the following features: SMS invitations, built-in
group chat, RSVP functionality, Google Maps for location, ability
to make events private or public which allows invitees to share
event, social media integration (Twitter/Facebook) and unique
mobile landing pages for each event.
The app has been featured in Mashable, the L.A. times, Tech
Cocktail, Urban Daddy among other publications. "Genius Idea:
GiddyUp lets party planners skip long emails and bypass lengthy
event invites on social networks" - Mashable. "This is essentially
the bigger, stronger, less obnoxious-er version of sending an Evite
or starting an email string to make plans." - Urban Daddy. "It's
liberating to skip the back-and-forth email chain when planning a
lunch or a party....I can't stop using it." - LA Times
Imerjn CEO, Adam Radly, said, "This is a very social app.
Nothing is more social than meeting with people and we're confident
that our users will love how easy it to arrange and manage meet ups
on the fly with this app." Mr. Radly also said, "The original
developers raised capital from a venture capital round then
couldn't secure additional funding so the app hasn't been updated
for a while and has some bugs. We will fix them and relaunch the
app under own brand."
The market for apps is large and growing. According to research
released by Gartner in September 2013, current trends in smartphone
adoption will drive 102 billion app store downloads this year.
90 percent of them will be from Apple's App Store and Google
Play. This will lead to global app revenues of $26 billion in 2013.
By 2017, Gartner projects that there will be 268 billion downloads
annually, amounting to $77 billion in revenue. Downloads will grow
2.6 times in the next four years, while revenues are increasing
2.9-fold.
Imerjn recently announced that it launched its Cloud service
that will provide file sharing solutions as well as its entry into
the tablet computer market with an Imerjn branded tablet and also
announced the acquisition of a patent relating to technology that
enables mobile transaction processing. The Company will provide
more detail about the release dates of the tablet before the end of
January, 2014.
Imerjn CEO, Adam Radly, said, "This app will be preloaded
onto our tablets after we have completed the redesign and relaunch
under our own brand. We are working on developing and acquiring
several other apps that will appeal to our users. We will provide
more information about other apps in the near future."
About Imerjn
Imerjn (XUII), formerly known as Xumanii International Holdings
Corp is development stage company that develops and sells mobile
software and hardware solutions. For more information please visit
the company website at: http://www.imerjn.com. Contact: Adam Radly,
info@imerjn.com.
Safe Harbor Statement under the Private Securities
Litigation Reform Act of 1995: Except for historical
information, the forward-looking matters discussed in this news
release are subject to certain risks and uncertainties which could
cause the Company's actual results and financial condition to
differ materially from those anticipated by the forward-looking
statements including, but not limited to, the Company's liquidity
and the ability to obtain financing, the timing of regulatory
approvals, uncertainties related to corporate partners or
third-parties, product liability, the dependence on third parties
for manufacturing and marketing, patent risk, copyright risk,
competition, and the early stage of products being marketed or
under development, as well as other risks indicated from time to
time in the Company's filings with the Securities and Exchange
Commission. The Company assumes no obligation to update or
supplement forward-looking statements that become untrue because of
subsequent events.
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