Imerjn Acquires Amonshare.com and Expands User Base by 30,000
March 12 2014 - 6:00AM
Xumanii (DBA Imerjn) (OTCQB:XUII), announced that it has acquired
Amonshare.com, an established file sharing service that has
approximately 30,000 registered users. The website and its
customers will be merged with the Imerjn cloud that was launched on
January 16, 2014.
Amonshare.com is almost 5 years old, receives approximately
1,200,000 impressions per month, has an Alexa Rank of approximately
35,000 and operates in 14 languages.
Imerjn CEO, Adam Radly, said, "The Imerjn cloud service is one
of our more important services and we very happy about expanding
our user base by 30,000 after acquiring Amonshare."
Cloud storage is popular but not yet ubiquitous - roughly 55
percent of "connected Americans" have never used a cloud-storage
service (according to research conducted by Strategy Analytics).
"On the one hand, everyone knows what cloud storage is and they
know that they need it, but, on the other hand, approximately half
of the country has never used it. This means that there is a
definite opportunity and our timing is good," said Mr. Radly.
The research also found that "usage of cloud storage is heavily
skewed towards younger people, in particular 20-24 year olds."
Approximately 90% of the "connected Americans" used their
cloud-storage service to upload music files. "The cloud's role in
the race to win over consumers' digital media libraries has evolved
from a value added service for digital content purchases to a
feature-rich and increasingly device agnostic digital locker for
music and movies," Ed Barton, Strategy Analytics' Director of
Digital Media, wrote in a statement.
Imerjn CEO, Adam Radly, said, "We are working on adding some new
features that will differentiate our cloud service from our
competitors. We will provide more information about these features
very soon."
About Imerjn
Imerjn (XUII), formerly known as Xumanii International Holdings
Corp is an early 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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