SOURCE: IO News Wire

IO News Wire

February 02, 2010 09:15 ET

(OTC: BLAP) New Twitter Application Solves Wide Spread Problem

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire

NEW YORK, NY--(Marketwire - February 2, 2010) - Blast Applications, Inc. (PINKSHEETS: BLAP) announced yesterday the launch of their newest Twitter application Twedemption.

For a one time fee, Twedemption version 1.2 eliminates the need for a Twitter user to clear his inbox of unwanted Direct Messages (DM's) manually. Direct Messages accumulate as a Twitter user's following grows. Twitter has yet to address this issue by adding the ability to delete messages in bulk.

With Twitter receiving over 50 million unique visitors a month and Social Media applications expected growth to reach $4.6 billion dollars by 2013, more businesses are turning to advertising, communicating and sharing ideas via sites like Twitter and Facebook. By continually focusing their applications on a viable revenue model as they do with Twuition and Twedemption, Blast Applications' overall income should increase as their applications are more widely adopted.

For more information, please visit www.blastapplications.com

Other active stocks are: Electronic Arts Inc. (NASDAQ: ERTS) LookSmart Ltd. (NASDAQ: LOOK) and SkyBridge Technology Group (PINKSHEETS: SKGO)

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