MOKO's REC*IT App, Now on Over 1,000 U.S. Colleges Including Ivy League Schools, Exhibits Explosive Growth
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Marketwired
MOKO Social Media Limited
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NEW YORK, NY--(Marketwired - Nov 5, 2015) - MOKO Social Media Limited (NASDAQ: MOKO) (ASX: MKB)
Highlights
• REC*IT now on +1,000 U.S. colleges including 7 of the 8 Ivy League members
• Explosive growth with October 2015 total app installs of +410,000 representing a YOY increase of 86% over 2014
MOKO Social Media Limited's flagship app, REC*IT, is the only widely accepted college intramural and recreational sports app, with unprecedented access to over 1,000 U.S. colleges including the following Ivy League schools.
•Brown University
•Columbia University
•Cornell University
•Dartmouth College
•Harvard University
•University of Pennsylvania; and,
•Princeton University
Through partnership with leading management software provider IMLeagues, MOKO has secured the exclusive perpetual rights to provide REC*IT to the above universities, among many others.
REC*IT is an award-winning mobile app that enables students to participate in, and manage, college intramural sports and recreational activities on their campus. Adoption of the product has been explosive with total app installs exceeding 410,000 and representing a year-on-year increase of 86% over MOKO's October 2014 total app installs of +220,000.
MOKO Social Media founder and CEO, Ian Rodwell, said, "I am thrilled that we have been able to extend our exclusive college reach and make REC*IT available to some of the most elite institutions in the United States. We have almost doubled our users since last year and I look forward to growing our footprint further."
MOKO is on the path to achieve its target of 500,000 total REC*IT app installs by end of calendar year 2015.
About MOKO SOCIAL MEDIA Limited
MOKO Social Media's REC*IT product is a mobile leading U.S. college intramural and recreational mobile sports platform. An agreement with IMLeagues, the leading and largest provider of university sports administration services in the U.S., grants MOKO exclusive and perpetual access to provide its award-winning app to over 1,000 U.S. colleges, representing approximately 50% of the U.S. college population and over 10 million students.
REC*IT provides college students with instant access to relevant and exclusive intramural and recreational sports information in a proprietary platform that allows the user to consume and share information seamlessly. This integrated approach provides MOKO with unique and exclusive exposure to an audience that is highly desired by advertisers and that can be leveraged for growth and revenue through advertising, sponsorship, social network distribution and other monetization of the platform.
Note
This announcement is for informational purposes only and is neither an offer to sell nor an offer to buy any securities, or a recommendation as to whether investors should buy or sell.
