SOURCE: Blast Applications, Inc.

February 15, 2011 09:36 ET

Blast Applications (BLAP) on Track to Profitability in 2011

PLAINVIEW, NY--(Marketwire - February 15, 2011) - Blast Applications, Inc. (PINKSHEETS: BLAP), a developer of iPhone, Twitter, Android, Nokia, and Facebook applications, is pleased to announce latest development.

Blast Applications, Inc. has been moving at an unprecedented pace since the start of 2011. We've become an approved developer for Qualcomm.com Plaza Tim Brazil, Getjar.com, Handster.com and Mobile8.com. Qualcomm.com Plaza Tim Brazil is a major mobile application carrier of the South American App market. Getjar.com, a mobile phone applications provider, has a large subscriber base which generates over 3 million mobile application downloads per day. Handster.com and MTS are major Android app store companies which are launching Android App stores in 2011. Partnering with MTS and Handster.com has given Blast Applications a significant ground floor opportunity in cornering the mobile app markets in those areas of the world because of the large subscriber base of over 100 million customers. We have also entered into an agreement with Mobil8.com, a leading European service provider for the mobile market based in Spain.

Pocket Horoscope a daily horoscope app has been approved in the iTunes store, compatible with iPhone, iPod touch and iPad, rated 4+ out of 5. http://www.apple.com/itunes/affiliates/download/?id=409569128 .

More apps are being submitted for approval in all of the mobile stores we are approved for. In the Nokia Ovi store we received 36,867 downloads and 4,856 in the Android market thus far.

Our focus for the year 2011 remains high with continued growth to generate consistent revenue, and profitability, increase our partnerships with worldwide App carriers, as well as local carriers; develop new apps generating revenue from advertisements as well as additional ones from direct payment by consumers.

"Our goal is to have multiple mobile stores for consumers to download our apps as well as the ability to download from convenient stores through the internet. We average over 1,000 downloads a day in the Nokia Ovi store with only one app. Multiple apps will increase the number of downloads and revenue. Our goal is to match inneractive statement 'Inneractive partner developers are making as much as $30K a month from in-app ads,' as we still expanding with all plans to continue to make our shareholders proud," stated Dino Luzzi, CEO of Blast Applications.

About Blast Applications, Inc.

Blast Applications, Inc. is a premier creator and developer of applications for iPhone®, Twitter® Facebook® and Nokia, allowing users to have more fun, be productive and make social media sites easier to use and more intuitive than before. Blast Applications has a unique opportunity to monetize the web surfer's dedication to social media sites through direct advertising programs tied to the Company's tools, applications and websites. For more information please visit www.blastapplications.com.

Forward Looking Statements

This release contains "forward-looking statements" and information provided by Blast Applications, Inc., such as online, printed documents, publications or information available via Blast Applications, Inc's website. It may contain certain forward-looking statements that involve risks, uncertainties, assumptions and other factors, which, if they do not materialize or prove correct, could cause Blast Applications Inc.'s results to differ materially from historical results, or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates," and similar words. These statements may also include plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief; and any statements of assumptions underlying any of the foregoing.

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