FOUNTAIN VALLEY, Calif., Aug. 13, 2014 (GLOBE NEWSWIRE) -- MEDL Mobile Holding Inc., (OTCBB:MEDL), a leading developer of mobile applications for the Apple iOS And Google Android platform and the developer of the patent-pending Hang w/ mobile live video broadcasting application, announced yesterday on a shareholder conference call that the release of the recently upgraded version of Hang w/ 3.0 has already resulted in remarkable improvements in key metrics for the app.
- The average Hang w/ user session has climbed from 3 minutes in its first iteration of the app to the average user now spending approximately 15:40 in the app per session.
- The average broadcaster spends even more time in the app; currently at more than 30 minutes in an average user session.
- What's more, the percentage of users who create content on the platform by streaming live broadcasts has grown to more than 23% of the overall active users.
Andrew Maltin, CEO of MEDL Mobile states: "This means our users are staying on the platform longer and creating more content. When starting a network such as the Hang w/ social media platform that requires critical mass, these are extremely important metrics. The original impetus behind the Hang w/ platform was to create a platform that allowed our long list of celebrity clients to be able to connect directly with their fans in a more meaningful and authentic social media relationship. This original premise has been executed and the platform continues to attract a large numbers of celebrities who are using the platform to engage their fans. These celebrities help drive downloads and usage of the platform through their own social media, and the resulting network that has been created, is both tightly knit and growing."
About MEDL Mobile
MEDL Mobile, Inc. is a mobile industry pioneer that has architected, created, developed, marketed and monetized hundreds of mobile apps for the Apple iOS and Google Android platform - with many of them reaching as high as the top ten in the Apple store. MEDL has led mobile strategy, ideation, development, marketing and monetization in areas diverse as entertainment, telecom, medicine, education and retail - for such prestigious clients as About.com, Experian, Hyundai, Kaiser Permanente, Medtronic, Monster.com, The New York Times Company, Taco Bell, and Telefonica. The Company has entered into partnerships to mobilize and monetize IP with such notable names as Cheech & Chong, Encyclopedia Britannica, Marlee Matlin, Media Rights Capital and Real Madrid.
MEDL has incubated, developed and brought to market the revolutionary Hang w/ app over a period of nearly two years. The Hang w/ app connects people through live-streaming video and simultaneous chat, allowing anyone with an iPhone, iPad or Android device to broadcast live to dozens, hundreds or even millions of viewers around the globe. Learn more at http://www.medlmobile.com or www.medlmobile.com.
Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about MEDL Mobile's industry, management's beliefs and certain assumptions made by management. Given the uncertainty of such assumptions, readers are cautioned not to place undue reliance on such forward-looking statements. The Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. Because such assumptions and forward looking statements involve risks and uncertainties, the actual results and future performance of the Company is not guaranteed and may cause the actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements The actual results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings." Readers should carefully review reports or documents the Company files periodically with the Securities and Exchange Commission.
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