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Metatron, Inc. Issues i-Mobilize Revenue Update and Comments on Third-Party Internet Publicity(June 04, 2010)
SAN DIEGO, CA -- (Marketwire) -- 06/04/10 -- Metatron (PINKSHEETS: MRNJ) is pleased to announce a substantial increase in i-Mobilize app sale revenue. App sales revenue has grown from $13,300 in April to $24,300 in May, a gain of over 80%.
Although there is no assurance that sales revenues will continue to increase in the future, the company believes that its strong May sales figures are due to the addition of higher profile content to our product portfolio and continued rapid deployment of mobile apps.
"We are excited to see how receptive the market is becoming to our new apps and expect to release many more high-quality app titles this summer," said Joe Riehl CEO Metatron.
Metatron, Inc. ("Metatron" or "the Company") has become aware of various Internet websites purporting to provide information about the Company to prospective investors ("Third Party Websites"). These websites typically republish official corporate press releases, describe the Company in positive terms, and recommend purchase of the Company's stock. Certain of the Third Party Websites disclose that the authors or publishers were compensated with regard to the information contained therein.
The Company cannot vouch for the accuracy of, and disclaims responsibility for, information not contained in its website, www.metatroninc.com, its official corporate press releases, or its quarterly or annual reports published on the Pink Sheets website, www.otcmarkets.com. Further, the Company did not prepare, or pay for, the information contained on the Third Party Websites, and is unaware of the identity of the person or persons responsible for such information. The Company notes that the SEC and other securities regulators have expressed concern about paid advertising campaigns on the Internet. The Company cautions prospective investors against making investment decisions based on unverified information from third parties.
i-Mobilize provides proprietary digital app development, publishing and content distribution for all major mobile device platforms. Established in 2009 with a fast-growing content library of movies, music, books, television, classic programming, and special interest titles, i-Mobilize is capitalizing on the burgeoning mobile apps download industry, projected to exceed 4.5 billion downloads worldwide generating $6.7 billion this year; and an estimates 22 billion downloads generating $72 billion by 2013 according to Gartner, Inc., the world's leading information technology research and advisory company. Headquartered in San Diego, CA, i-Mobilize (www.i-mobilize.com) is a division of Metatron, Inc., a diversified holding company of businesses that transact through the Internet and mobile devices.
About Metatron, Inc.
Metatron, Inc. operates multi-sector businesses that transact through the Internet and mobile devices, using the power of technology to make people's lives more productive and enjoyable in today's connected world. Metatron companies operate in progressive business sectors including mobile device applications, online dating, credit card processing, next-generation relational database development, and search engine advertising optimization. Metatron's i-Mobilize division provides multi-platform digital content distribution for current and next-generation channels and devices. For more information, visit www.Metatroninc.com.
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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