SOURCE: Broke Out, Inc.

March 07, 2016 06:32 ET

Broke Out Inc Acquires Google Android Test Reaction App

FRANKFURT, GERMANY--(Marketwired - March 07, 2016) - Broke Out Inc. (OTC PINK: BRKO) announced today that it has acquired the Test for reaction app that runs on Android mobile devices.

Test for reaction has almost 200,000 downloads and approximately 10,000 active users and is adding new users daily at a steady pace. The app has nearly 4,000 reviews on the Play Store most of which are highly positive.

The app has a very simple concept which is to click on the screen as soon as the color turns green.

The idea is to improve reflexes and reaction time by playing it over and over. The app is highly addictive as users continuously try to improve their score and compete with friends.

"We are proud of this latest acquisition as the app has a strong user-base and good potential for monetization through advertising placements. We plan to continue acquiring app as we have had good success with this strategy" mentioned Mr. Chan Set Kuan, CEO of Broke Out Inc.

Another app that Broke Out acquired, Walk N Text, even made it to TV. Walk N Text was featured on the CBS Network's Queen Latifah show. The show was averaging approximately 1.5 million viewers and helped put the company's Walk N Text app on the map when Queen Latifah spent nearly 2 minutes speaking about it and demonstrating it on TV.

"This was not the first time one of our apps was featured on TV. Our Whip App was also featured on an episode of the Big Bang Theory and this reconfirms that our apps are generally well-received by the mobile community around the world" added Mr. Kuan, CEO of Broke Out Inc.

The segment on which the Walk N Text app was aired can be viewed on Vimeo: https://vimeo.com/157424709/

About Broke Out Inc.

Broke Out Inc. is a German-based developer, publisher and marketer of mobile apps. The Company offers apps to a cross section of users of smartphones and tablet devices who download and make purchases through direct-to-consumer digital storefronts, such as the Apple App Store, Google Play Store, among others. It owns over 30 paid and free apps at the moment with a focus on Europe and the USA. Information about the company and its services is available at www.BrokeOutApps.com

Notes about Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Annual Report filing and other filings with the OTC Markets Group (available at www.otcmarkets.com). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.