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Metatron, Inc. (MRNJ) Issues i-Mobilize iPhone/iPad App Revenue Update(January 13, 2011)
SAN DIEGO, CA -- (Marketwire) -- 01/13/11 -- Metatron, Inc. (PINKSHEETS: MRNJ) is pleased to announce a substantial increase in i-Mobilize iTunes app sale revenue. App sales revenue has grown from $29,949 in November 2010 to $35,706 in December 2010. The first week of January 2011 revenue was $12,497.38, and we expect to exceed $40,000 this month barring any unforeseen problems.
i-Mobilize has over a thousand apps for sale with high profile content on iTunes and is currently on track to add 100+ new apps a month. The Company will begin releasing its top selling apps on the Android platform in February, as well new free ad-supported apps on iTunes.
Although there is no assurance that increased sales revenues will continue to increase in the future, the company believes that its strong December and January sales figures are due to the Holiday season and increased purchases of mobile devices.
Metatron and its i-Mobilize app division are one of the few public iPhone/iPad/Mobile app development companies, latest news can be found on our new blog:
Forward-Looking Statements: Any statements made in this press release which are not historical facts contain certain forward-looking statements, as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results of the specific items described in this release, and the company's operations generally, to differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's need for additional financing, which is not assured and which may result in dilution of shareholders, the company's status as a small company with a limited operating history, dependence on third parties and the continuing popularity of the iPhone operating system, general market and economic conditions, technical factors, receipt of revenues, and other factors, many of which are beyond the control of the company. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of such statements, and we disclaim any obligation to update information contained in any forward-looking statement.
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