SOURCE: Pitooey!, Inc

April 16, 2015 08:15 ET

PTOO Signs Deal With Innovative Holdings, Inc. to Grow RAADR(C), Its Artificial Intelligent Proprietary Web-Based Technology Application That Monitors Cyber Bullying and Social Media Platforms Like Facebook and Twitter

PHOENIX, AZ--(Marketwired - April 16, 2015) - PITOOEY!, ™ Inc. (OTC PINK: PTOO), announce today it has signed its first reseller agreement with Innovative Holdings, Inc. to market and grow RAADR©, its (PTOO) artificial intelligent proprietary web-based technology application that monitors cyber bullying and social media platforms like Facebook and Twitter. RAADR© is wholly owned by PTOO and PTOO feels RAADR© is positioned to be the next leading artificial intelligent web-based application that provides a portal to assist parents and responsible adults in safeguarding that their children and or child's virtual and social media (comprised of countless hours each day) is a safe and responsible one. This new agreement with Innovative Holdings will help with the successful launch of company's RAADR© as well as grow and build the RAADR© subscriber base, members and revenue stream. PTOO feels this is the first of many deals and agreements to come with its artificial intelligent proprietary web-based technology application RAADR©. Under this new agreement PTOO desires to offer RAADR© service plans to the customers of Innovative Holdings and Innovative Holdings agrees to market services distributed by PTOO and RAADR©. PTOO will provide identity social media monitoring tools through its web-based technology application RAADR© with the RAADR© Family Monitoring to vast network, members and clients of Innovative Holdings, Inc. 

PTOO and RAADR© have granted Innovative Holdings a non-exclusive right to distribute, market and sell the RAADR© Family Monitoring to its vast network, members, and clients as well as maintain, support, use for demonstration purposes and display the RAADR© Service Plans or any part thereof, in the United States of America. The term of this agreement shall be for an initial term of 3 years and automatically renew for successive periods of 3 years effective thereafter.

PTOO and RAADR© goals are to consistently increase subscribers and revenue through this new agreement and feel there will be many others like it to come. Innovative Holdings plans to offer the RAADR© Service Plans or any part thereof to its vast network which also includes large union groups that consist of tens of thousands of members. PTOO and RAADR© are excited to announce they have entered into this reseller agreement targeted for growth with Innovative Holdings on April 1st, 2015 and feel this is the first official step and agreement in growing the artificial intelligent web-based application RAADR© platform.

Additional RAADR© Highlights and Social Media Market Statistics:

  • While Facebook users generate around $5.35 to $5.85 per year, the market values each user around $125.00. A lot of this is because of the mass amount of earnings potential Facebook has from its user base. A closer example is LifeLock which because of its more focused product that they sell to the consumer, their users generate somewhere around the $155 to $185 range per year with the market valuing their users at about $700.00. Based on other market analysis and research, it is believed that each RAADR© user can have the potential to generate somewhere around the $8.75 to $9.30 range per year. The market value of each user may have the potential to be valued at around $37 to $38 each within the first 2-3 years of being on the market.
  • The technology used to power the RAADR© platform enhances parent's ability to stay ahead of the changing social media landscape but also offers a window of insight as to what they should know about their child's online activity. Because of the ever changing nature of social media and online search algorithms, this type of service is expected to continue to increase substantially in necessity as more and more parents understand the benefits of knowing what their children are doing online. 
  • The RAADR© platform is being built in a way that starting early 2016, other companies and platforms will be able to access and use special API's to better grow their own networks and platforms. This is phenomenal news for both PTOO and RAADR© and it adds significant market valuation and revenue stream potential because of these technology advancements the company is making. The company plans to start this with select partnerships but will contribute greatly to the growth of the RAADR© platform and the data flowing into and through it.
  • With so much of online posts being photo and video based, RAADR© facial recognition and detection ability will prove key to helping parents find photos of their children online that they may not have been aware and that their kids may not have wanted shared. Unfortunately, many children send pictures to their friends which eventually lead to them being posted somewhere. Since there are new websites popping up every day, it's impossible to stay on top of where these pictures might be posted. RAADR© will help ensure that someone is keeping an eye out for unwanted pictures online.

Company staff from Innovative Holdings commented, "We are excited to be able to roll out the launch of RAADR© and its Service plans to our large network of members and clients. We firmly believe in where PTOO and RAADR© are heading and feel the market for social bulling as well as the surveillance of all Social Media platforms is enormous. Furthermore Innovative Holdings has been a shareholder in PTOO since November 2013. We feel RAADR© developed the best web-based artificial intelligence tool that provides families with peace of mind when it comes to knowing that their children are safe from bullying and predatory behavior on social media platforms. We look forward in helping to build the RAADR© platform and member/subscriber base."

PTOO plans on aggressively pursuing its business strategy to grow its wholly owned artificial intelligent RAADR© application, a web-based platform designed for parents and guardians to monitor children's social media and online activity. PTOO plans on keeping the market and its shareholders fully abreast of current and ongoing events moving forward. It feels it's very important in today's market to remain transparent with its shareholders. The company is committed to positioning PTOO and RAADR© as a significant web/technology-based company focused on developing and exploiting the safeguarding of our children using the internet and social media. The company anticipates additional announcements near term which will include new ventures, partners and the development of key components of our RAADR© business.

The new RAADR© app's focus is broad-based, but provides a specific and meaningful download of information regarding exposure to inappropriate materials (i.e. pornography), association with inappropriate parties (i.e. predatory adults), peer abuse (i.e. bullying and attacks on self-esteem), exposure to illegal substances and/or alcohol, or general anti-social behavior that could harm individuals, their peers, support groups, and their adult mentor(s). RAADR© identifies potential circumstances and situations in which your child could be led astray or faced with harm. Unlike other social mention apps, RAADR© does not presume adversity; it builds collaboration and trust with your child-and, RAADR© is focused as much on your child's protection as it is on your child's exploits. It also provides parents the comfort of knowing that their children are not the ones imposing the abuse."

Who is RAADR©? What is RAADR©? As the digital world of the 21st Century continues to evolve, parents, guardians, and children are faced with challenges and threats not just in the real world, but in the omnipresent realm of Social Media as well. PITOOEY! INC., makers of the artificial intelligent proprietary technology application RAADR© have developed a web based tool that provides families with peace of mind when it comes to knowing that children are safe from bullying and predatory behavior unfortunately so prevalent today. By customizing their own unique monitoring and alert settings, parents and guardians can be alerted when their children's Facebook, Twitter, Instagram and other pertinent social media platforms under scrutiny become posted with inappropriate language. By utilizing customized keywords chosen by the user that are added to an already existing database, parents and guardians can carry a sense of assuredness that the youth they love and are responsible for are safe and acting in a fun, yet appropriate manner. No parent or guardian has the time or resources to be in constant surveillance of all the Social Media platforms in which their children might be active. Nor do most children want intense scrutiny of their updates and postings, despite the best intentions. You want to trust your children, while at the same time knowing that you are protecting them. RAADR© gives families the ability to protect their image, combat erroneous postings and for individuals safeguard their children from online bullying. PITOOEY! INC. makers of the proprietary technology application RAADR© is a software development and mobile application developer formed in late 2012. The Company's core competency is focused on building and acquiring apps and other products, services and companies to build a nationwide network of related businesses that are positioned to serve the mobile app development needs of small businesses and individuals. Read more at: http://www.raadr.com/about-us

Safe Harbor: This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief, or current expectations of PITOOEY!, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond PITOOEY!, Inc.'s ability to control and their actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in PITOOEY!, Inc.'s filings with the Securities and Exchange Commission.

Contact Information

  • CONTACT:

    PITOOEY!, Inc. (RAADR©)
    Jacob DiMartino
    CEO/Chairman
    Investor Relations:
    (480) 755-0591
    Email: jdimartino@pitooey.com