CAMPBELL, CA--(NewMediaWire - Dec 19, 2016) - Friendable, Inc.
(the "Company") (OTC
PINK: FDBL), a mobile & social focused technology
company, today announced that downloads of its "paid" app in France
reached No. 4 overall this past weekend.
As the Company prepares to roll out its live video streaming
app, "Fan Pass" Live, having the Friendable app continue to
demonstrate organic growth reinforces management's confidence that
2017 will be a year of growth with two popular platforms.
Management has evolved the company's core assets through its new
technology and diversification efforts, resulting in the new
Friendable, Inc. Heading into 2017, the company is strategically
positioned at the intersection of two rapidly growing sectors,
social media and live video steaming with two unique business
models with parallel paths to ROI.
"We believe the Friendable app's recent spike in downloads
speaks to the continued viability and market opportunity of our
social networking focused application, as well as the viral
marketing opportunity we hope to capitalize upon in the near
future," stated Robert A. Rositano Jr., Friendable, Inc. CEO. "This
level of interest has been generated organically without any
marketing spend in this geographic region and is a great sign of
our hard work over the past year and this traction is a great win
for the Friendable brand."
"We are committed to creating and building shareholder value by
leveraging multiple channels to market that we believe will
ultimately lead to a higher intrinsic value of the Company,"
concluded Rositano Jr. "As we close out the year, we look forward
to announcing additional milestones to help investors assess our
progress to date."
About Friendable
Friendable Inc. is a mobile technology
company that develops, acquires, and invests in mobile applications
with a social focus. In 2013, the Company released its flagship
product Friendable, a mobile social application where users can
create one-on-one or group-style meetups for food, drinks, live
music, or any occasion. In 2017, Friendable Inc. will release "Fan
Pass", a live streaming video application where fans can watch
exclusive video content of their favorite celebrities by
subscribing to celebrity channels. Through the Friendable and Fan
Pass mobile applications, Friendable Inc. aims to become the
premier social platform dedicated to connecting and engaging users
to expand connections beyond today's existing
limitations.
Visit our social media properties
Facebook: http://facebook.com/friendable
Twitter: https://twitter.com/friendableapp
Instagram: https://www.instagram.com/friendableapp/
Cautionary Language Concerning Forward-Looking
Statements
This press release contains forward-looking statements. The
words or phrases "would be," "will allow," "intends to," "will
likely result," "are expected to," "will continue," "is
anticipated," "estimate," "project," or similar expressions are
intended to identify "forward-looking statements." Actual results
could differ materially from those projected by Friendable, Inc.
The iTunes rankings should not be construed as an indication in any
way whatsoever of the future value of the Friendable's common stock
or its present or future financial condition. The public filings of
Friendable, Inc. made with the Securities and Exchange Commission
may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of
the date of this press release and should not be relied upon as of
any subsequent date. Friendable, Inc. cautions readers not to place
reliance on such statements. Unless otherwise required by
applicable law, Friendable, Inc. does not undertake, and
Friendable, Inc. specifically disclaims any obligation, to update
any forward-looking statements to reflect occurrences,
developments, unanticipated events or circumstances after the date
of such statement.