Friendable, Inc. (OTC PINK: FDBL) announced today The Company’s paid version of its iOS app continues to gain ranking advances based on Apple’s measurement criteria and reached the number 26 position of all Paid US Social Networking Apps on Sunday, May 29th. (See Chart Reference)
“What these numbers tell us is that our tactics to increase brand recognition and add users is working,” said Robert Rositano, Jr., CEO, Friendable, Inc. “Friendable continues to gain traction which is critical in a marketplace that values each user.”
“More downloads, more registered users, and more engagement is what our category leaders, institutional investors and bankers seeking acquisition candidates are looking for,” said Rositano, Jr. “The Friendable team is driven daily to improve Key Performance Indicators and look forward to releasing additional data as our social media tactics and strategic relationships continue to bear fruit.”
Friendable, Inc. is the mobile-social network focused on the future, rather than sharing the past, where it’s 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 for its users, making it simple to make new connections, create meet up style events or simply tell others what you are “Friendable for,” then based on shared interests and location 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, to begin to generate revenue by providing these venues with location specific opportunities to reach potential customers when it matters most; when they are nearby and looking for something to do or someone to do it with. As of April 2016 Friendable has over 1 Million downloads and 700,000 registered users.
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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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