SOURCE: Multimedia Platforms, Inc.

Multimedia Platforms, Inc.

December 17, 2015 07:30 ET

Multimedia Platforms Releases Summary of Its Accomplishments in 2015

FT. LAUDERDALE, FL--(Marketwired - Dec 17, 2015) - Multimedia Platforms Inc. (OTCQB: MMPW) (MMP), the only publicly-traded LGBT media company, today is releasing a summary of its performance, annual goals and objectives in 2015.

The initiatives for this year included taking the company public, acquiring several leading LGBT media companies and to develop a social media network specifically targeted to the global LGBT community.

Accomplishments so far:

  • Multimedia Platforms LLC went public in January of 2015, becoming Multimedia Platforms Inc. with trading symbol, MMPW.
  • Raised over $3 million for development and expansion.
  • Acquired 3 additional global LGBT media brands, considered to be among the highest level media companies in the LGBT media space, and brought a North American corporate footprint, with a global audience.
    • FunMaps (over 40 US & International cities)
    • NEXT (NY, New England, and throughout the Northeast US)
    • Frontiers Media (Los Angeles, and throughout the western US)
  • Increased the online followers and readers by a very significant number. Download and view the statistics table
    HERE: Multimedia Platforms Statistics 2015: Q2 and Q3
  • The much anticipated WiRLD.com, a global LGBT media hub, featuring a global news stand, global social media business directory, real time social media network and an online entertainment network featuring drama series, documentaries, comedy shows, live simulcast events and a global rewards program, is ready to be launched early 2016.
  • The strategic investment has positioned the Company to take advantage of the $900 Billion US LGBT market (over $3 Trillion, globally).

MMP now represents three of America's most populous LGBT markets, known as the LGBT Media Trifecta: California (including Los Angeles, West Hollywood, San Francisco, San Diego, Las Vegas and Palm Springs); New York; and Florida (state-wide distribution with an emphasis on Miami, Fort Lauderdale, West Palm Beach, Orlando, Tampa and St. Petersburg); and 40 cities across North America.

"The MMP brands represent 7.5 million readers and 4+ million unique online visitors, annually," stated Robert Blair, CEO of Multimedia Platforms Inc. "As the company continues to grow, we continue on a 24-7 basis to be the go-to LGBT news, social media, and entertainment platform that allows us to chronicle the social change our country and world are experiencing, and the mission to ensure that our LGBT community enjoys true equality, acceptance and opportunity around the world."

"2015 has been a year of successive accomplishments that have exceeded our most optimistic projections," Peter Jackson, President of MMP said. "We look forward to continuing this momentum in the coming year."

About Multimedia Platforms

Multimedia Platforms Inc. ("MMPW") is a publicly traded industry-leading Multimedia Technology and Publishing company that integrates print media with social media, and related online platforms, to deliver information and advertising to niche markets. MMP teams utilize its proven business model to deliver niche publications and online platforms that target one of the most sought-after demographics in the world, the Lesbian, Gay, Bisexual and Transgender population. MMP has recently expanded its concept to include video and mobile applications reaching deep into the international LGBT community. MMP's top brands include the Florida Agenda, FunMaps, Guy magazine and Next magazine. MMP's strategy is to interweave web, mobile and print to deliver the highest quality news and entertainment information via a variety of platforms that cross all cultural, generational and preferred modality barriers to reach an unprecedented audience.

Visit MultimediaPlatformsInc.com for more information.

SAFE HARBOR STATEMENT:

Any statements that are not historical facts contained in this release are "forward-looking statements" as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipates," "believes," "should," "intends, " "estimates," and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing or required licenses, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date the statements were made, and the companies do not undertake any obligation to update forward-looking statements. We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA.

Contact Information

  • Contact:
    Capital Markets Group, LLC
    Valter Pinto
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    Valter@CapMarketsGroup.com