SOURCE: Cubed, Inc.

June 23, 2014 08:30 ET

CUBED, Inc. Extends and Re-Closes Its Initial Private Placement

The Company Raises a Total of $2,825,000 for Acquisitions and Growth

LAS VEGAS, NV--(Marketwired - Jun 23, 2014) - Cubed, Inc. (OTCQB: CRPT), the provider of the first, fully functional, three-dimensional self-contained outbound delivery system that encompasses all other forms of media, the Cube, announced the closing of its extended initial private placement offering of common stock. The previously reported, over-subscribed offering was re-opened, extended and then closed again on June 20, 2014. The Board of Directors had been approached by a number of investors who wished to be part of the offering, but because of timing, had missed the previous opportunity.

Considering the capital needs of the Company, especially the planned acquisition of Wiki Technologies, the Board determined it was in the best interests of the Company to extend the offering and raise the supplementary funds. In total, the Company raised an additional $1,725,000, making the total combined offering $2,825,000. The shares were offered exclusively to accredited investors, and the offering and sale of the shares was exempt from registration under Rule 506 of Regulation D.

"We are extremely pleased at the response from our investor/shareholders to the extended offering of our stock," said Joseph White, CEO, Cubed, Inc. "We plan to use the proceeds for acquisition of Wiki Technologies as previously announced, as well as the continuing development and marketing of our exciting new product release, the Cube. We have already begun to see the benefits of our efforts which are very exciting for Cubers worldwide."

About Cubed, Inc.
Cubed, Inc. is a Nevada corporation which owns and operates Intellectual Property related to the Get CUBED™ mobile-first platform. The Get CUBED™ mobile-first platform designed for social and commercial media expression, is a three-dimensional functional cube that appears on the screens of mobile device owners, allowing developers and users to present complex and contextual concepts in a clear and simple manner. The Cube is thus a canvas designed to instigate creativity and improve communication in today's mobile-first world. Emphasizing clarity over clutter, Get CUBED provides businesses, charities, thumbloggers™ and other subscribers of this new mobile app with a simpler way to organize the central forms of human expression -- audio, video, image and text -- and then pass them along to others in a single compelling platform. This allows Cube Users to share information, market their products and services, and project their ideas, among other things, all in a manner that is vastly more compelling and concise than ever available in the mobile space before the Cube. Ultimately, GET CUBED is a cross-platform, access agnostic and ubiquitous ecosystem, adopted rather than adapted for mobile devices.

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Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those identified under "Risk Factors" in the Company's most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q and in other filings made with the Securities Exchange Commission. Actual results may differ materially from those contemplated by these forward-looking statements and the Company does not undertake to update any of these forward-looking statements to reflect a change in its views or events or circumstances that occur after the date of this press release.

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