FOUNTAIN VALLEY, Calif., June 6, 2013 (GLOBE NEWSWIRE) -- MEDL Mobile, Inc. (OTCBB:MEDL) – a pioneer in the creation, development, marketing and monetization of mobile apps – announced the following Key Performance Indicators (KPIs) for the "Hang w/" platform.
The Hang w/ live streaming platform surged past 225,000 downloads in its first eleven weeks and now has logged more than 5,400,000 total user sessions with nearly one million broadcasts. Hang w/ users are generating more than 20,000 new broadcasts on average every day.
The service allows users to broadcast three-minute long live video streams from their phone to hundreds and even thousands of followers simultaneously. The platform will be monetized via advertising which will run before and after each broadcast. An agreement is already in place with Specific Media, owner of Myspace, to provide advertising to the Hang w/ platform.
"The KPIs are increasing phenomenally quickly - and this is just iPhone," said Andrew Maltin, CEO. "When the Android releases shortly, we expect usage to accelerate even more."
The platform is gaining popularity in the entertainment world - where top talent are increasingly "Hanging w/" their fans. Music super producer, Timbaland and famed Electronic Dance Music (EDM) DJ and producer, Kaskade, are both actively evangelizing the platform across the music industry.
"We are excited by the early organic growth and thrilled to see the entertainment world embrace Hang With," said Dave Swartz, President and Chief Creative Officer. "It's very rewarding to watch the celebrity broadcasts and see fans effusively thanking the celebs for hanging with them."
Hang w/ is now available on the Apple App Store. www.hangwith.me
To view a Hang w/ video, click here. bit.ly/hangwpromo
You can learn more at www.HangWith.com
About MEDL Mobile
MEDL has led mobile strategy, ideation, development, marketing and monetization for many of the biggest names on the planet - in areas diverse as entertainment, telecom, medicine, education and retail - for such prestigious clients as Hyundai, Taco Bell, Monster.com, The New York Times Company, and Telefonica. The Company enters into partnerships to mobilize and monetize IP with such notable names as Encyclopedia Britannica, Real Madrid, Cheech & Chong and Marlee Matlin.
MEDL's patent-pending Mobile Brain is a powerful analytic engine which classifies users according to their Mobile Lifestyle via a Detailed Anonymous Profile (D.A.P.) and learns to make recommendations based on a predictive algorithm.
For three years, MEDL Mobile has incubated "Hang w/" - a global, mobile, social media platform that connects and shares via live-streaming video and is monetized by fully integrated advertising. The platform was released via a private beta in January, 2013 and released to the public in March, 2013.
For more information about MEDL Mobile, please visit 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. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of the Company may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Potential risks and uncertainties include but are not limited to the ability to integrate Inedible Software apps and platform into MEDL's product offering, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition. Unless otherwise required by law, 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. Readers should review carefully reports or documents the Company files periodically with the Securities and Exchange Commission.
For more information about MEDL Mobile, please visit http://www.medlmobile.com.
CONTACT: Media Contact: DJ Swanepoel MEDL Mobile firstname.lastname@example.org 714-617-1991 ex. 4211 Investor Relations Contact: RedChip Companies, Inc. Jon Cunningham 800-733-2447, Ext. 107 407-644-4256, Ext. 107 email@example.com http://www.redchip.comSource:MEDL Mobile Holdings, Inc.