Friendable (OTC Pink: FDBL) Announces 24% Increase in Downloads for August Over July 2016
CAMPBELL, CA — (Marketwired) — 09/09/16 — Friendable, Inc. (OTC PINK: FDBL), today released the August 2016 download numbers for its Friendable app. For the month of August, the Company posted total downloads of 39,179 with 9,284 originating from Apple’s iOS devices or the iTunes App Store, and 29,895 originating from Android or the Google Play Store.
“We acquired these 39,179 downloads in the month of August by utilizing various approaches that included App Store Optimization (ASO), mobile display ads, social media exposure campaigns and our ongoing celebrity related marketing initiatives through the company’s relationship with TKA (The Kluger Agency). These downloads resulted in 33,116 registered users and 26,346 completed user profiles in the app,” said Friendable CEO, Robert Rositano Jr. “We feel these are strong numbers keeping in mind that we kept social media exposure and marketing costs low as we continue to measure app engagement to target future marketing spends.”
“In addition, we also realized various App Store ranking increases throughout the month as well as boosted metrics of our Instagram “Followers”by approximately 85% and Facebook “Likes” by approximately 13% in August 2016, over the previous month of July 2016. We believe these advances will continue to add to increased user download numbers, registered users and overall the time users spend in our app going forward, which should also lower overall user acquisition costs moving forward.”
About Friendable: Friendable, Inc. is the mobile-social network focused on the future, rather than sharing the past. It is all about having location specific and nearby opportunities to connect with others. The Friendable brand represents a “friends first” approach and takes all the pressure off its users, making it simple to create new connections, create meet up style events, or simply tell others what you are “Friendable” for. Based upon shared interests and locations, users can engage with what makes sense for them. Increased user interactions will allow Friendable to offer advertising and sponsorship opportunities to local venues/businesses and begin to generate revenue by providing these venues with location specific opportunities to reach potential customers when it matters most. As of April 2016, Friendable has exceeded one million total downloads since the company’s inception in June 2013 and launch of the app under its previous brand and feature set.
For more information about Friendable, Inc. please visit: www.Friendable.com
For Additional Investor Information and to Receive Company Updates: http://www.friendable.com/fdbloptin
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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 Friendable, Inc. The iTunes rankings should not be construed as an indication in any way whatsoever of the future value of the Friendable’s common stock or its present or future financial condition. The public filings of Friendable, Inc. made with the Securities and Exchange Commission 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. Friendable, Inc. cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, Friendable, Inc. does not undertake, and Friendable, Inc. specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
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Source: Friendable, Inc.
Source: Friendable, Inc.