CAMPBELL, CA — (Marketwired) – 07/06/16 — Friendable, Inc. (Symbol: FDBL), today released the June metrics for its Friendable app.
For June, the Company posted total downloads of 52,272 with 21,349 originating from Apple’s iOS devices or the App Store, representing a 32.66% increase over May and 30,923 coming from Android or the Google PlayStore, a 43.71% jump over May. June’s download numbers represent a total blended increase of 38.98 % over May’s download numbers as the Company realizes its third consecutive month of increases in this metric alone.
User sessions were also up for both device types in June.
“Month after month we are seeing more user downloads and overall our users are using the app more often as evidenced by the number of user sessions also being up. The combination of these metrics that have continued to rise is exactly what we at Friendable, Inc. strive for and as the user population density builds in each region and zip code we believe these metrics will continue to climb” stated Friendable CEO Robert Rositano Jr. We are making great strides with our brand awareness efforts and continue to exceed our monthly expectations for growth at this time.”
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 meetup 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 and launch of the app.
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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.