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ITNS Expands Operations With Planned Launch of Its AppRocket Subsidiary(May 23, 2012)
IRVINE, CA -- (Marketwire) -- 05/23/12 -- Itonis, Inc. (PINKSHEETS: ITNS) today announced that the Company will launch its AppRocket subsidiary within the next 30 days to fill a need in the apps marketplace as a consolidated online portal for PC and Mac apps.
The Company had been quietly developing AppRocket internally as a new subsidiary that will be home to a catalog of proprietary mobile apps and will include several key and unique features that will serve as a springboard for AppRocket's several mobile apps (planned for release later this year). Additionally, it will focus on consumer technology and will attract visitors to create an online community with news and reviews.
When launched, AppRocket will be accessible at www.AppRocket.com. Corey Washington, ITNS' Chief Technology Officer, will be appointed CEO with responsibility to oversee ongoing development and management.
"We are ecstatic to share the unveiling of AppRocket," says Corey Washington, the new CEO of AppRocket. "There is a tremendous opportunity in the market for a consolidated online destination of mobile and computer apps, and light programs with an emphasis on consumer technology. AppRocket's focus on web and mobile technologies has the potential to reach an exponential number of visitors, serving as an excellent platform to promote the proprietary apps that AppRocket plans to brand and develop."
"We cannot wait for the upcoming June launch of AppRocket. It will be a huge event for Itonis' shareholders and this is just one of our many new exciting projects designed to create shareholder value," says Mark Cheung, Itonis' CEO.
About Itonis, Inc.
Itonis, Inc. (the "Company") was incorporated in the state of Nevada on July 5, 2005 under the name of Kenshou, Inc. Subsequently, its name was changed to its present name, Itonis, Inc., on December 2, 2005. For more information, please visit www.itonisholdings.com.
Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's affiliates that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.
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