Nudg Media Inc.

September 08, 2014 10:57 ET

Nudg Media Appoints New COO to Roll Out the Nudg App

CARSON CITY, NEVADA--(Marketwired - Sept. 8, 2014) - Nudg Media Inc. (OTCQB:NDDG) (the "Company") is pleased to announce today that Jade Hall has been named COO. Jade will be focussed on product innovation and member acquisitions. President Menachem Sofepr will continue to focus on the development of the technology and support the type of product innovation lead by Jade Hall's digital experience.

"Jade Hall has proven experience building mature sales and operations cultures, and developing product strategies that accelerate company growth. With her experience in working with companies like Uber, Luvo, Billy Boy, Tickpick, The New York Issue, Fabulous Fashionista as well as Jaded and Traded, I feel we are building a world-class leadership team with the depth and experience to advance Nudg Media in the internet social communities. I am proud to work alongside an innovator like Jade," said President Menachem Sofepr.

Jade Hall notes; "Developmental technology companies can require substantially less investment funds than the typical brick and mortar entities especially when much of the costs to develop the technology is from sweat equity of the developers. This is common in the history of Facebook and WhatsAp for example, and we are following along the path laid out by these extremely successful companies for a simpler and less costly approach. In its private stage Nudg has incurred over $1.5 million in development costs and is now poised to improve and extend the technology to reach a greater community base and develop advancements to increase the already amazing user experience."

Mr Sofepr states, "Nudg has a commitment from private entities to fund its development. These investors have significant experience in technology and will provide funding as needed to ensure the success of Nudg. Their network will also allow successful media exposure to further enhance the advancement of the company and increase the Nudg community size with associated revenue increases."

Approximately 62 million U.S. Internet users - 27% of the Internet-using U.S. population - currently play at least one game on a social network on a monthly basis. This figure has increased 15% from 2010. "Given the ongoing proliferation of mobile devices and consumer engagement with digital games, we feel this sector provides a compelling source of revenue for our company," said the Company's President Menachem Sofepr.

About Nudg Media Inc.

Nudg Media Inc. operates, a customizable and interactive social media platform incorporating augmented reality, zone-based privacy, geolocation, voice chat, video mail, and integrated advertising. Founded in 2011 and headquartered in Nevada, its shares are traded on the OTCQB marketplace under the symbol NDDG.

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