SOURCE: Friendable, Inc.

Friendable, Inc.

June 13, 2016 04:00 ET

Friendable App Surges in Teen Market

Usage Numbers See Big Rise Simultaneously

CAMPBELL, CA--(Marketwired - Jun 13, 2016) - Friendable, Inc. (OTC PINK: FDBL), today announced a record number of simultaneous users on the app which appears to be the result of more awareness and use of Friendable within the celebrity space.

Since January, Friendable has seen steady weekly increases in users across a wide range of demographic users, with a recent surge within the 13-24-year-old demographic specifically. The app, which Buzzfeed listed as One of the 5 Social Apps Set to Take the Lead in 2016 (Source: https://www.buzzfeed.com/lsirt/tinder-is-dead-5-social-apps-taking-the-lead-in-2-203f0 ), has continued to spread amongst the country since its brand shift to Friendable in late 2015 and the availability of its Android version of its app available in early 2016.

On Friday, Teen heartthrob, singer, songwriter Austin Mahone, shared an Instagram post that invited his 13 million Instagram and 9.7 million Twitter followers to find him on Friendable, and it didn't take long for many to take him up on his offer.

"With Mahone's huge social reach and fan engagement, we knew we could potentially see a record number of users on the app at one time and we did. The sheer surge in downloads and usage among teens in just the last 24-48 hours following Mahone's post are truly amazing," said Friendable CEO Robert Rositano Jr.

"Each day we are driven to increase not only the number of Friendable users, but also, how many users are on the app at any given time, and much time they spend in the app. This is a very exciting time for the Friendable Brand!

About Friendable:
Friendable Inc. is the mobile-social network focused on the future, rather than sharing the past, where it's all about having location specific and nearby opportunities to connect with others. The Friendable brand represents a friends first approach and takes all the pressure off for its users, making it simple to make new connections, create meetup style events or simply tell others what you are "Friendable for" then based on shared interests and location users can engage with what makes sense for them. Increased user interactions will allow Friendable to offer advertising and sponsorship opportunities to local venues/businesses, to begin to generate revenue by providing these venues with location specific opportunities to reach potential customers when it matters most; when they are nearby and looking for something to do or someone to do it with. As of April 2016 Friendable has over 1 Million downloads and 700,000 registered users.

For more information about Friendable, Inc. please visit:
www.Friendable.com

For Additional Investor Information and to Receive Company Updates:
http://www.friendable.com/fdbloptin

Visit our social media properties at:

Facebook: http://facebook.com/friendable
Twitter: twitter.com/friendableapp
Instagram: instagram.com/friendableapp

Cautionary Language Concerning Forward-Looking Statements:
This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected by Friendable, Inc. The iTunes rankings should not be construed as an indication in any way whatsoever of the future value of the Friendable's common stock or its present or future financial condition. The public filings of Friendable, Inc. made with the Securities and Exchange Commission may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Friendable, Inc. cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, Friendable, Inc. does not undertake, and Friendable, Inc. specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.

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