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Andiamo Corporation (OTC: ANDI) Exceeds 500 iPhone Apps(February 08, 2012)
ST PETERSBURG, FL -- (Marketwire) -- 02/08/12 -- Andiamo Corporation (PINKSHEETS: ANDI), subsidiary ActionApp Corporation, a prolific mobile App development company, expects to grow its App inventory to over 500 iPhone Apps in the next 45 days.
"This is a huge accomplishment for ANDI. We keep growing and we keep adding Apps, which is the key to our success and growth. We are approaching 14 million downloads with our existing inventory of 70 apps, so we are very excited to see a substantial increase in our already solid download count as well as continued increases in revenue as a result of these new Apps. Our development team is working around the clock to make this happen," said Secor, CEO of ANDI.
Half of the Apps will be free versions, monetized through advertising revenue. In December, Action App served nearly 10 million ad requests through its existing inventory of about 35 free Apps.
Action App has created a proprietary formula for success, which includes initial marketing screens and a backend database for cross marketing within their own app network, as well as social media, search engine optimization, keywords, titles, and marketing, which ultimately provides traffic and downloads.
Further, Secor commented, "We have completed our most recent quarter (1/31) and we look forward to sharing our quarterly report as soon as it is finalized and approved."
Safe Harbor Statement
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
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