CARSON CITY, NEVADA--(Marketwired - Sept. 3, 2014) - Nudg Media Inc. (NDDG) (the "Company") (OTCQB:NDDG) is pleased to provide an update regarding its significant progress developing its social network platform (the "Platform"). Combining geolocation and gaming functionality within a social network, the Platform will initially launch as a mobile device app for iOS™ devices. Users will soon be able to download the gaming iOS™ app for free from the Company's website, www.nudg.com. The Company also plans to subsequently test support for mobile devices running Android™ and Windows™ operating systems.
The Company highlights two features of the Platform's upcoming release: a self-serve advertising portal and a revenue split with third-party developers. The self-serve advertising portal will be an Internet-based marketplace for advertisers to directly purchase sponsorships within the Platform without the need for sales representatives or campaign managers. Because the Platform will utilize geolocation data to optimize users' experience in their local vicinity, advertisers will be able to select next-generation advertisements such as banners overlaid atop augmented reality graphics or location-activated push notifications.
The second feature announcement is a guaranteed revenue split with third-party developers. This will ensure that independent computer programmers receive financial compensation for building Platform features and plug-ins. The Company will provide details regarding the self-serve advertising portal and revenue-split for developers shortly after the Platform's initial launch as an iOS™ mobile app.
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 www.nudg.com, 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.