SOURCE: Sebastian River Holdings, Inc.

Sebastian River Holdings, Inc.

October 04, 2012 12:57 ET

Sebastian River Holdings, Inc. Announces Launch of Salusoft, Inc.'s Mobile Application Development Services

TORRANCE, CA--(Marketwire - Oct 4, 2012) - Today Salusoft, Inc., a wholly-owned subsidiary of Sebastian River Holdings, Inc. (PINKSHEETS: SBRH), has launched Mobile Application Development program -- in a world dominated by the use of interactive applications on mobile devices, every business in the world has a need and desire to tap into portable apps to promote growth or offer value-added services that increase sales and with mobile application user numbers in the billions no business can avoid the new 'dot-com boom.'

A recent study into this marketplace shows 4 out of 5 consumers use smartphones to shop and business advertising spending on mobile platforms will reach $7.4 Billion by 2017, primarily driven by a surge in location-based services on smartphones. "This move positions Salusoft to take a share of this billion dollar marketplace, while providing affordable and cost-effective marketing solutions to small businesses throughout North America, Europe, and Asia," said Dan Benjamin CEO and Chairman of Sebastian River during a meeting finalizing of the program's launch.

Mobile Application Development and Mobile Web services will commence a major marketing campaign to small-business beginning in the Southern California region and expanding north then east in coming months with solutions starting at only $249.95. "Eighty-five percent of merchants say mobile commerce is a focus in 2012, with our solution providing professional, prompt, and feature rich mobile solutions at the lowest prices offered today, we know capturing substantial market share is eminent in the coming months," Mr. Benjamin continued. 

Forward-Looking Safe Harbor

This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and/or OTC Markets Disclosure & News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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