Metatron, Inc. Discussion of 3rd Quarter Results and Business Outlook
May 17 2010 - 7:00AM
Marketwired
Metatron, Inc. (PINKSHEETS: MRNJ) today
released its Discussion and Business Outlook to accompany the
release yesterday of its Quarterly Report for the three month
period ending March 31, 2010.
Performance
- In its nine months of operation the i-Mobilize unit of Metatron
has amassed an inventory of over 800 apps for sale. The breakdown
is as follows:
- More than 2500 apps in development
- 660 active iPhone apps for sale
- 200 iPad apps in development
- 50 iPad apps created and in pre-publish approval process
- 31 iPad apps for sale
- We have continued to increase sales month over month at a
steady rate.
- i-Mobilize has signed licensing and distribution contracts with
leading content owners and publishers including Eckhart Tolle,
Glenn Harrold and SoundsTrue.
- High profile content apps created and for sale include: Elvis
Presley, Eckhart Tolle, the Beatles, Lil John, Miley Cyrus,
Pitbull, Glenn Harrold, John Lennon, George Harrison, Shiva Rea,
Bob Marley, U2, The Dramatics, and the Rolling Stones.
Deal Update
- Eckhart Tolle TV -- 10 apps for sale and 24 titles in
development
- SoundsTrue (publisher) -- 50 apps for sale and 250 titles in
development
- Diviniti Publishing (Glenn Harrold) -- 10 for sale and 40
titles in development
- Affirmation Spot -- 32 apps created and 43 titles in
development
- Classic World -- 10 apps for sale, 15 in review, more than 350
titles in development
- Digital Management Associates -- 55 apps for sale and 245
titles in development
- Effortless Life and Living -- 35 apps for sale and 145 titles
in development
- Infinity Entertainment Group -- 30 apps for sale and 100 titles
in development
- Orbital Media Group -- 25 apps for sale and 50 titles in
development
- Soul Concerts -- 20 apps for sale, 15 in review, more than 100
titles in development
- Vanguard Cinema -- 25 apps for sale and 395 titles in
development
- Miscellaneous content providers -- 175 apps for sale and over
250 in development
- Metatron-owned content -- over 200 apps for sale and 500 titles
in development
Corporate Strategy i-Mobilize is currently
in Phase I of its planned three-phase build-out. The goals of Phase
I are to acquire contracts and content for its content library to
be developed into apps for sale to consumers for use in their
mobile devices. Phase II is expected to begin during the 3rd
Quarter and will focus on aggressive distribution of apps. Phase
III is planned for the 4th Quarter and will focus on marketing and
promotion in order to optimize revenues during the Holiday Shopping
Season 2010. The Company has planned aggressive marketing programs
on social media such as Facebook and Twitter as part of its total
marketing effort.
Metatron, Inc. is continuing to seek value added investment and
strategic partnerships for its i-Mobilize unit and is currently in
negotiations on a number of potential strategic partnerships and
investor queries.
About Metatron, Inc. Metatron, Inc.
operates multi-sector businesses that transact through the Internet
and mobile devices, using the power of technology to make people's
lives more productive and enjoyable in today's connected world.
Metatron companies operate in progressive business sectors
including mobile device applications, online dating, credit card
processing, next-generation relational database development, and
search engine advertising optimization. Metatron's i-Mobilize
division provides multi-platform digital content distribution for
current and next-generation channels and devices. For more
information, visit www.Metatroninc.com.
Forward-Looking Statements Any statements
made in this press release which are not historical facts contain
certain forward-looking statements, as such term is defined in the
Private Litigation Reform Act of 1995, concerning potential
developments affecting the business, prospects, financial condition
and other aspects of the company to which this release pertains.
These forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause our actual results
of the specific items described in this release, and the company's
operations generally, to differ materially from what is projected
in such forward-looking statements. Although such statements are
based upon the best judgments of management of the company as of
the date of this release, significant deviations in magnitude,
timing and other factors may result from business risks and
uncertainties including, without limitation, the company's
dependence on third parties, general market and economic
conditions, technical factors, the availability of outside capital,
receipt of revenues and other factors, many of which are beyond the
control of the company. Although we believe that the expectations
reflected in the forward-looking statements are reasonable, we
cannot guarantee future results, levels of activity, performance,
or achievements. Moreover, neither we nor any other person assumes
responsibility for the accuracy and completeness of such
statements, and we disclaim any obligation to update information
contained in any forward-looking statement.
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Contact: Investors: Victoria Duff 619-550-4668
ir@metatroninc.com Media: Bonnie Poindexter 213-361-6159
bonnie@metatroninc.com
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