SOURCE: Metatron, Inc.

Metatron, Inc.

May 17, 2010 02:39 ET

Metatron, Inc. Announces First Quarter 2010 Results

SAN DIEGO, CA--(Marketwire - May 17, 2010) - Metatron, Inc. (PINKSHEETS: MRNJ) today released its Quarterly Report for the three month period ending March 31, 2010, which can be viewed on the Pink Sheets website at

Total Liabilities decreased to $655,921 for the three month period ended March 31, 2010 from $4,142,791 for the three month period ended March 31, 2009, an 84% improvement.

Shareholders' Equity increased to $7,331,710 for the three month period ended March 31, 2010 from $3,403,500 for the three month period ended March 31, 2009, a 115% improvement.

"Our focus during the First Quarter has been to add value to the Company by reducing our liabilities and acquiring top quality content for development, and we are pleased with our results," said Joe Riehl, Metatron, Inc. CEO. "We have more than doubled our apps for sale and are continuing to add new apps at a faster rate. We are gratified that our revenues are maintaining a steady growth rate into the Second Quarter."

About Metatron, Inc.
Metatron, Inc. operates multi-sector businesses that transact through the Internet and mobile devices, using the power of technology to make people's lives more productive and enjoyable in today's connected world. Metatron companies operate in progressive business sectors including mobile device applications, online dating, credit card processing, next-generation relational database development, and search engine advertising optimization. Metatron's i-Mobilize division provides multi-platform digital content distribution for current and next-generation channels and devices. For more information, visit

Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results of the specific items described in this release, and the company's operations generally, to differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of such statements, and we disclaim any obligation to update information contained in any forward-looking statement.

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