SOURCE: iHookup Social Inc.

June 10, 2015 09:30 ET

iHookup Social Grows International Successes as New App/Brand Launch of "friendable" Draws Near

Company Also Successfully Concludes Debt Consolidation Transactions, Kicking Off the Next Growth Phase

CAMPBELL, CA--(Marketwired - Jun 10, 2015) - iHookup Social, Inc. (OTC PINK: HKUP) (OTC PINK: HKUPD), a fully reporting public company that develops and markets a mobile/social app positioned at the intersection of social media and location based connections, is pleased to announce that the Company has completed an eight week effort to consolidate various notes controlled by third party debt holders. The Company believes these consolidations better position the company for its next phase of growth.

iHookup Social's App also continues to post significant results in international app markets, achieving many of its best rankings to date in recent months. Along with its reduction in the number of debt holders the Company believes it can now achieve an increased valuation for the company's business. The Company greatly values the aforementioned as it turns its focus toward the release of its "friendable" brand to the Apple App Store in July of 2015.

"We are pleased to have consolidated many of our notes and must thank all of our funding partners for working together with the company in making it happen. To also see significant increases in our international rankings at the same time we have concluded these transactions, says a lot about the core business we have built in the social networking category," stated Robert Rositano Jr., CEO, iHookup Social.

"We know that new connections are a borderless proposition, no matter how you view the term 'social.' Soon, we'll take our global base of connected users and break the virtual borders of our app with the introduction of our friendable brand, it's hyper-local advertising and event based incentives, as well as our 'real-time services' that open up new opportunities for all our users."

"The traction you see in the ranking below, and certainly our significant foothold in the US market, is both our base and our launch pad," added Rositano. "From these hard-earned successes comes the friendable transition, with a captive audience of users ready to socially share with others, why they too should become 'friendable' and download our app."

Highest Top Grossing Ranks Achieved in 2015 so far:

British Virgin Islands: Mar 01, 2015 - #5 overall, #1 Social Networking

Kuwait: Mar 28, 2015 - #29 Overall, #8 Social Networking

Colombia: May 10th, 2015 - #104 Overall, #7 Social Networking

Netherlands: Mar 28th, 2015 - #218 Overall, #18 Social Networking

Hong Kong: April 30, 2015 - #247 Overall, #14 Social Networking

Bahamas: May 02, 2015 - #299 Overall, #24 Social Networking

United Kingdom: April 2, 2015 - #389 Overall, #31 Social Networking

Jordan: March 21, 2015 - #695 Overall, #53 Social Networking

Gahna: Jan 02, 2015 - #225 Overall, #31 Social Networking

Belgium: Jan 06, 2015 - #327 Overall, #27 Social Networking

Croatia: April 27, 2015 - #109 Social Networking

Chile: March 06, 2015 - #158 Social Networking

Ireland: Mar 20, 2015 - #9 Social Networking

To review the recent "iHookup 2.0" shareholder letter visit: http://finance.yahoo.com/news/introducing-ihookup-social-2-0-130000341.html

iHookup is entering the friendable era. http://www.friendable.com

For a current Investor Presentation please visit: http://www.ihookupsocial.com/overview/

From time to time, iHookup Social will provide market updates, news and additional information via its website www.ihookupsocial.com, the Company's Facebook page and others www.facebook.com/ihookupnow

About iHookup Social:

iHookup Social is a mobile - social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.

The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces "hyper-local" advertising opportunities for the company, driving customers to local venues and/or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of "being social" or "meeting up" now taking a backseat to meeting online or through a mobile device and apps.

Making connections through online or mobile devices has become a dominant part of today's mobile-social lifestyle, across various social circles, age groups, race, gender and demographics. iHookup Social takes the virtual connection and moves it toward a real-life interaction, facilitating connections and offering-up locally relevant hot spots and locations to meet up with these new connections, allowing iHookup Social to become both matchmaker and concierge. This combination provides a unique opportunity for consumer brands to offer incentives to a growing network of socially active mobile users on a hyper-local basis.

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 iHookup Social, Inc. The iTunes rankings should not be construed as an indication in any way whatsoever of the future value of the iHookup Social's common stock or its present or future financial condition. The public filings of iHookup Social 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. iHookup Social cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, iHookup Social does not undertake, and iHookup Social 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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