SOURCE: iHookup Social, Inc.
CAMPBELL, CA--(Marketwired - May 27, 2014) - iHookup Social, Inc. (OTCQB: HKUP), a mobile application positioned at the intersection of dating, social media and location based connections, is pleased to announce that the Company's popular social dating app has entered the Top 30 as the 28th highest grossing social networking app in the USA in the Apple App Store.
Through its App Store, Apple only displays apps that rank in the Top 200 performing apps in the Top Grossing category, which expresses those apps with the highest grossing revenue totals for the reporting period. The Social Networking category currently has 21,925 apps which is populated by some of the true brand names in the social networking industry.
"This ranking is yet another critical metric for us, both in the pride we feel in surpassing some of the brand staples in the social networking universe but also as a validation of our business model," stated Robert Rositano, CEO, iHookup Social. "While we are clearly focused on user acquisition, we are simultaneously mindful of the present and future monetization of these downloads converting to paid subscribers. To achieve this elite ranking in a category that is defined by revenue and sales is an important achievement."
"I would also like to remind our investors that as they can see in our Investor Presentation (linked below), the revenue acknowledged by Apple via this ranking represents just one lane of potential revenue for the Company," added Rositano. "We are building a spectrum of revenue opportunities in our Social Commerce model to leverage localized offers for daters, participating businesses and those who are simply looking for a social venue to hookup for lunch, a drink or a date."
From time to time, iHookup Social will provide market updates and news via its website www.ihookupsocial.com or the Company's Facebook page at www.facebook.com/ihookupnow
A current Investor Presentation can be viewed at the link below:
iHookup Social, Inc.
iHookup Social is a "proximity based" mobile social platform that facilitates real connections, between real people...in real time! It utilizes the intelligence of GPS and localized recommendations for dating, friends, groups and organizations to break through closed social cliques and expand them, not only virtually, but in real life!
The company's users will be provided with "local" options of many kinds, enabling mobile distribution of locally relevant content and special offers. The company hopes to bring together a dynamic opportunity for brands, advertisers and merchants to interact in new and innovative ways with the iHookup Social Network, while building customer loyalty, engagement and revenues. The company is pursuing its growth in its current "dating vertical" market, as well as expanding its reach in the general audience category of "Social Networking." www.ihookupsocial.com
Cautionary Language Concerning Forward-Looking Statements
This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected by iHookup Social, Inc. the wholly owned and operating subsidiary of Titan Iron Ore, Corp. ("Titan"). The iTunes rankings should not be construed as an indication in any way whatsoever of the future value of the iHookup Social - Titan's common stock or its present or future financial condition. iHookup Social - Titan's filings may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. iHookup Social - Titan cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, iHookup Social - Titan does not undertake, and iHookup Social - Titan specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.