SOURCE: Stratton Holdings, Inc.

June 22, 2010 10:30 ET

Stratton Holdings, Inc. Proudly Announces the Launch of Stratton Mobile, Inc.

MOUNTAIN VIEW, CA--(Marketwire - June 22, 2010) -  Stratton Holdings, Inc. (PINKSHEETS: STHG), a holding company specializing in creating value through their subsidiaries and accretive acquisitions in upwards scale markets announces the launch of their newly formed subsidiary Stratton Mobile, Inc.

Eric Stratton Racheff, President of Stratton Holdings, Inc. provides the following details, "We are proud to announce the launch of this newly created division which is focused on the purchase, development and resale of downloadable mobile applications in the explosive global mobile apps market. We have already completed concept and design and have now initiated development on our first series of mobile apps, our first application in particular, currently in the final stages of beta testing which we'll be announcing official product launch on the near term horizon. Our shareholders can expect several more details to emerge in the form of tangible results throughout this third quarter as our entry into the Smartphone market with unique and appealing mobile apps will immediately begin generating revenues with each pending product launch, in short, shareholders should expect the first application to hit all three major markets in the third quarter."

Stratton Mobile will be focused on developing a rich set of tools for delivering and monetizing content and services to consumers and businesses alike. Our initial pipeline of mobile apps are being developed for the Android, iPhone and BlackBerry devices with plans to gradually begin developing applications for the entire spectrum of devices out there by early next year.

"Whatever the line of business -- consultants, doctors, lawyers, accountants, salons, restaurants -- whatever the line of consumer -- investors/traders, gamers, banking/sending money -- they are all eager to understand what kinds of apps can help them run their business and lives more conveniently and efficiently," Racheff said.

"It is in this regard that our focus will be on developing apps that make discovering mobile innovations a lot easier as we firmly believe that it isn't that the Web can't be made to work well on a mobile device. It's developing specifically tailored Internet-connected application solutions that perform much better than what the Web can do on its own -- whether it's served up on a small screen or a big one. And according to all the independent statistics below, consumers and businesses equally alike, are rapidly requiring mobile Web access at a staggering pace with each passing year."

According to Juniper Research, The Mobile Applications Market is expected to exceed an astounding $24 Billion by 2014: JuniperMobileAppsReport (http://www.juniperresearch.com/reports/mobile_applications_and_apps_stores) New Applications which cater to convenience, ease of use and products which appeal to the end users needs are the most highly sought after mobile applications in the global smartphone market. Complete details of the study, Mobile Applications & Apps Stores: Business models, Opportunities & Forecasts 2009-2014™, can be freely downloaded from www.juniperresearch.com.

The Gartner Group estimates that consumers are expected to download a staggering 4.51 billion apps in 2010 which represents an 80% increase over 2009. Gartner further estimates that downloads per annum will increase to 21.6 billion apps by 2013, resulting in mobile store app sales of $29.5 billion in that year.

Smartphone Growth

  • In 2007 only 15% of people in the US had a Smartphone *
  • Today -- Nearly 45% have a Smartphone *
  • Smartphone sales to surpass PC's in 2013 *

Mobility

  • Nearly 300 million US wireless subscribers *
  • Approaching One billion mobile web users today *
  • Mobile social networking triples year-over-year *

Research firm IDC (http://topics.forbes.com/idc) estimates that 75% of US workers will be mobile by 2013 with the number of people using mobile devices to get online expected to be even higher

"In regards to funding, Stratton Holdings, Inc. has just recently secured non-toxic financing during this quarter and has secured a relationship with a firm to continue to do so in the future. This has now removed us from our previously stated growing concern basis during our previous quarter. We were able to secure this infusion of funding via the issuance of fifty million shares of Restricted Common 144 Stock which contains a 1 year restriction, to aid us in immediately propelling our newly developed growth model to the next levels," Racheff said.

"In closing, I would like to thank all our new and existing shareholders for all their recent support as we endeavor to create exciting new intrinsic value for Stratton Holdings, Inc. From a developer's point of view, clearly mobile app development is the business to be in and I'm very excited to be launching Stratton Mobile just ahead of our first sequence of material announcements pending the completion of the beta testing process already underway," President Racheff concluded.

More information regarding Stratton Holdings, Inc. (PINKSHEETS: STHG) can be found at its corporate website, http://www.stratton-holdings.com/

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and AcumedSpa Holdings. Inc takes no obligation to update such statements.

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