SOURCE: IO News Wire

IO News Wire

November 18, 2009 07:30 ET

(PINKSHEETS: BLAP) Developing Applications for the Apple iPhone

NOTE TO EDITOR: the Following Is an Investment Opinion Issued by the IO News Wire

NEW YORK, NY--(Marketwire - November 18, 2009) - Blast Applications, Inc. (PINKSHEETS: BLAP) announced last Friday it has been accepted into Apple's iPhone Developer Program allowing the company to design applications for the lucrative market of iPhone and iTouch application sales.

Apple iPhone and iTouch applications have brought in close to one billion dollars in total revenue for developers with the top 100 applications making approximately $116 million dollars annually with several of the top developers netting over $250,000 within 3 months.

With the expansion of "Smart Phones" hitting the market like Microsoft's Zune HD, and the Motorola Droid, the potential for adding applications to other operating platforms is growing exponetially.

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Other active stocks are Interact Holdings Group (PINKSHEETS: IHGP), Motorola (NYSE: MOT) Ad-anced Analogic Tech (NASDAQ: AATI)

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