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Getfugu Passes 100,000 Download Milestone(March 10, 2010)
WEST HOLLYWOOD, CA -- (Marketwire) -- 03/10/10 -- Getfugu, Inc. (http://www.getfugu.com/) (OTCBB: GFGU), the next generation mobile search tool, today announced that its popular "See it, Say it, Get it," application has passed the 100,000 download mark.
"Few mobile applications reach this level of acceptance especially prior to their commercial launch. In fact, Getfugu reached this milestone while still in beta," said Michael Jay Solomon, Chairman of Getfugu. "Advertisers and businesses, both large and small, can now clearly establish that participating with Getfugu can expand their bottom line. Our sales team has been indefatigable, our skillful engineers outstanding in providing the major mobile phone manufacturers, including Apple's iPhone, BlackBerry, Android, J2ME, and others which have pre-loaded our application, the tools that consumers have been crying for. This milestone validates our agnostic to all platforms business model."
Getfugu has recently announced several content, distribution, sales and technology deals:
One for content with Warner Bros. Digital Distribution (WBDD) to develop and test custom ARL (Augmented Reality Links) and VRL (Voice Recognition Links) promoting five titles using Getfugu's mobile search application. Another for marketing and promotion efforts through its association with Weiser Creative and Bullseye Marketing via mailings introducing Getfugu to 21 million homes, 2,500 businesses and an additional 2.4 Million Retail Businesses through their NewBizPak mailings.
Getfugu is also building revenue through its association with Salesconx. A 2,000 person sales force currently being deployed is scheduled to deliver revenue in the next 90 days.
On the technical side, Getfugu has announced the completion of the initial phase of design and prototype of real time 3D product recognition enabling consumers to recognize products, shapes, and logos through the viewfinder in real time.
Getfugu, Inc.'s revolutionary "See It, Say It, Get It" technology is the first carrier-agnostic, platform-agnostic mobile search platform. Getfugu will change the way people access the web with their mobile phones. It is designed to facilitate and encourage users by integrating the mobile phone's core strengths -- image, voice and location recognition -- into a single customizable application. Additionally, Getfugu offers the only mobile ecommerce platform available worldwide today. The Getfugu platform will soon be available for 97% of the mobile phones available (over 3.3 billion handsets) worldwide.
For more information on Getfugu, please visit our website at: www.Getfugu.com.
Except for statements of historical fact, the matters discussed above are forward looking and made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control, that may cause actual results to differ materially from stated expectations. These risk factors include, among others, limited operating history, intense competition, and difficulty in developing, exploiting and protecting proprietary technologies; as well as additional risks factors discussed in the reports filed by the company with the Securities and Exchange Commission, which are available on its website at http://www.sec.gov. Except as required by law, the company undertakes no obligation to update any information.
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