eFUEL EFN, Corp. is Pleased to Announce That It is An App World Date : 04/05/2010
eFUEL EFN, Corp. is Pleased to Announce That It is An App World
TAMPA, Fla., April 5, 2010 GLOBE NEWSWIRE eFUEL EFN, Corp. (Pink Sheets:EFLN) is pleased to announce that since the iTunes Apple App Store opened for business two years ago, more than 2 billion apps have been downloaded at prices ranging from free to $900.00. Tech specialists estimate the annual app market at $2 billion. That probably will grow once Apple's iPad, which has recently arrived, gets going with additional access to apps aimed at redefining the user experience.
Currently, eFUEL has the Instant National Criminal Search App, ValiMate, which is geared to serve the general public. Also, the Instant National Criminal Search/ValiMate App is the only App that provides a method to take a picture of the person on whom you are checking and send it to a "safety" email address along with the person's name and other identifying information.
eFUEL's Instant National Criminal Search is one of the first Background Checker App's to be approved by Apple for re-instatement in the iTunes Store. Apple recently removed approximately 5,000 Apps from the iTunes Store because of the potential liability of the information provided. eFUEL's Instant National Criminal Search App achieved the breakthrough by being one of the first companies to re-format their data to Apple's specifications.
In the next few weeks, eFUEL expects to release an additional iPhone App called the Background Checker. The Background Checker App, which will be the only Instant National Criminal Search App targeting Business and Industrial users, will position eFUEL for a significant increase in background checker revenue.
Safe Harbor Statement: Certain Statements in this press release constitute ``forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company's ability to attract and retain key personnel.
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