FONU2 Inc.

January 17, 2014 08:45 ET

FONU2 Announces Completion of Alpha Testing and Start of Beta Testing

FORT LAUDERDALE, FL--(Marketwired - Jan 17, 2014) - FONU2 (OTCBB: FONU) (OTCQB: FONU) announced today that it has completed its Alpha Testing and will be starting a phased Beta test on Monday, January 20.

FONU2 has completed the development of the core functionality for its social commerce web-site and for the past few weeks has been running an Alpha Test using internal company resources. The results of the Alpha test have been very promising and the company feels that it is time to take the next step and begin a phased Beta Test.

For the past couple of months FONU2 has been featuring a Beta Test sign-up on its web-site and has gathered a large number of potential testers. The company plans to invite these volunteer Beta testers into our secure Beta Test environment a group at a time so that we have a fresh set of Beta Testers every week to 10 days.

"We are seeing good progress, and our launch plan is proceeding on schedule," said Roger Miguel, FONU2's COO. "We will launch when we meet our Operational Readiness Review criteria, which I anticipate will be in 6 to 8 weeks." 

"The company has been focused on developing its Social Commerce platform for some time now and we are quickly approaching our launch date," said Robert Lees, FONU2's CEO. "We are all very excited to see the web-site coming to life and are getting ready for a public launch".

It's still not too late to get in on the action by signing up to be a FONU2 beta-tester and you can earn incentives and major discounts as well. Visit the FONU2 Beta-Tester Sign-Up Page to learn more and begin the registration process.

About FONU2 Inc.:

FONU2 is a social commerce company that provides a precision mobile sales and marketing platform that functions like an order reservations and booking system. Members via their mobile phones and computers list, buy, sell, and trade services and items locally in any neighborhood, anywhere in the world. Transactions are paid with the FONU2 end-to-end mobile phone payment card system. For additional information, visit our website, You can also follow us on our social network, Facebook, Google + and Twitter.

This press release contains "forward-looking statements." Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by us in our reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.

Contact Information

  • Contact:
    Investor Relations
    Mark Kabbash