CAMPBELL, CA--(Marketwired - Aug 17, 2016) - Friendable, Inc. (OTC PINK: FDBL), today announced the Company's paid version of its iOS app continues to gain advances in ranking, achieving the Number 1 position for all Social Networking Apps in Australia on Thursday, August 11th, 2016. (Source: App Figures - See Chart Image)
"These numbers tell us that the marketing initiatives we have deployed to increase brand recognition and to add users are working," said Robert Rositano, Jr., CEO, Friendable, Inc. "Our rising ranking in Australia appears to be the result of our recent RedFoo celebrity marketing campaign", Rositano continued. "RedFoo is a top ranked celebrity in Australia and was a judge on "X Factor Australia" in 2015. With Friendable continuing to gain traction in markets such as Australia, coupled with the technology and app improvements we continue to implement, Friendable is positioned well to move into additional worldwide market opportunities. Our plan of growth includes the generation of revenue through the addition of advertising in both the iOS and Android versions of the app. We anticipate these advertising integrations to commence in September 2016."
Friendable, Inc. is the mobile-social network focused on the future, rather than sharing the past. It is 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 its users, making it simple to create new connections, create meet up style events, or simply tell others what you are "Friendable" for. Based upon shared interests and locations, 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 and begin to generate revenue by providing these venues with location specific opportunities to reach potential customers when it matters most. As of April 2016, Friendable has exceeded one million total downloads since the company's inception and launch of the app.
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
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.