Metatron, Inc. Releases New Apps and Announces Platform Transcendent App Stores
January 16 2011 - 12:15PM
Marketwired
Metatron, Inc. (PINKSHEETS: MRNJ) -- In the first two weeks of
January, Metatron's app division i-Mobilize has released 68 new
apps, on track to reach production goal of 100 plus apps per month.
Currently i-Mobilize has 1,200 apps for sale on iTunes. Increasing
revenues and downloads indicate a growing demand for apps created
by i-Mobilize.
Although there is no assurance that increased sales revenues
will continue, the company believes app demand will remain strong
due to rising sales of mobile devices.
Our apps include high profile content from thousands of licensed
books, music, audiobooks and movies from all categories.
According to estimates by Gartner, the global app market brought
in $4 billion last year, and will skyrocket to $27 billion in
2013.
One of the few publicly traded App companies, Metatron, through
its division i-Mobilize, is expected to release some of its
best-selling apps on the Android platform next month, and is
planning to create content rich "App stores" on all major
platforms.
These App Stores will include subscriptions, streaming, rentals,
and download purchases of apps/movies/audiobooks/music/games and
books.
Once a customer pays for content on the i-Mobilize system they
will be able to watch it on any device they own, which we call
Platform Transcendence.
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 company¹s
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 company¹s need for
additional financing, which is not assured and which may result in
dilution of shareholders, the company¹s status as a small company
with a limited operating history, dependence on third parties and
the continuing popularity of the iOS operating system, general
market and economic conditions, technical factors, 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: Metatron, Inc. IR@metatroninc.com
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