MRNJ News Metatron, Inc. Releases New Apps and Announces Platform Transcendent App Stores.
Sunday, January 16, 2011 12:16 PM
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News for 'MRNJ' - (Metatron, Inc. Releases New Apps and Announces Platform Transcendent App Stores)
SAN DIEGO, CA, Jan 16, 2011 (MARKETWIRE via COMTEX) -- 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 company^1s 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^1s need for additional financing, which is not assured and which may
result in dilution of shareholders, the company^1s 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.
Contact:
Metatron, Inc.
IR@metatroninc.com
SOURCE: Metatron, Inc.
CONTACT: mailto:IR@metatroninc.com
Copyright 2011 Marketwire, Inc., All rights reserved.
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SUBJECT CODE: Computers and Software:Software
Telecom:Wireless
Retail:E-Commerce
Source: Comtex Wall Street News
