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Internet Stock Review Initiates Coverage of MEDL Mobile

FOUNTAIN VALLEY, Calif., Aug. 20, 2013 (GLOBE NEWSWIRE) -- MEDL Mobile Holdings, Inc. (OTCBB:MEDL), -- a pioneer in the creation, development, marketing and monetization of mobile apps -- announced today that the widely read and highly respected Internet Stock Review has initiated coverage on the company and will be reporting on its progress in the year ahead.

The Internet Stock Review, one of the oldest online newsletters covering the Internet and companies which derive a majority of their revenues from the Internet, was launched in 1998. It has consistently been ahead of the curve in identifying newly developing and rapidly growing sub-sectors of the Internet, which later outpace competing sub-sectors by a significant margin.

"MEDL Mobile and its 'Hang With' network is the single most exciting 'focused' social networks launches, that we have come across in the past three years," stated Roland Rick Perry, editor of the Review. Adding "Focused social networks, are networks which specialize in permitting its network members to share a single activity from one-to-many, as opposed to all activities, such as done by users of Facebook. A single share activity examples would be Instagram, which lets its users share photos. Waze, which lets its driver/users share real time traffic and road info. Twitter which lets its users share news and stories and now Hang With, which lets its users share live three-minute videos with all of their followers - without limitation."

"We're excited to have been discovered by the Editors of the Internet Stock Review (ISR) and pleased to have entered to a relationship with Institutional Analyst Inc, the newsletters publisher, to ensure ongoing coverage on our progress for the foreseeable future," stated Andrew Maltin CEO and Founder of MEDL Mobile, creator of the Hang With video sharing network. "We now have two top ranked Wall Street firms reporting on our progress and explaining our very complex technology in an easy to understand format, first via a ten-page research profile from with RedChip and now from the Internet Stock Review via a 16-page research profile. The ISR report fully explains the tremendous opportunity from our recent launch of Hang With (Hang w/)," he added.

"What is exciting about all these focused social networks, is that they give their members/users the ability to instantly share their photos, thoughts or videos out to an audience which can literally reach millions, at the click of a mouse or send of phone key - for mobile based networks. The day of laboriously sending a photo or video out individually to friends or family members, is rapidly coming to an end, which explains the previously unheard of member growth that many of these new social networks are enjoying," stated Mr. Perry.

He added, "What excites us in particular about Hang With, which was recently nominated for the 'Best Social Tablet App' in the world, is that it was built for the mobile platform - meaning advertisers will be able to reach Hang With users wherever they are. Hang With members receive a push notification when someone they are following, is about to broadcast a live video."

"When fully launched, Hang With user generated videos will have a short ad placed before the video plays and an interactive ad at the end of the video. What makes the Hang With network unique in our opinion, is that it was designed to be celebrity powered – with a goal of having each celebrity signed – bringing his or her fan base over to Hang With, which has the potential to create a virally spread bonanza of new members for the Hang With network, unlike anything we've seen before."

"In addition, with a revenue sharing agreement similar to YouTube's, a celebrity user like the recently announced 50 Cent - who has 31 million likes on Facebook - will have the opportunity to generate revenues and/or create good with his fans with each broadcast, thus encouraging frequent broadcasting and additional incentive for individuals to sign up to the Hang With network."

Hang With was built from the ground up to generate the maximum amount of advertising time and capture the maximum amount of mobile advertising dollars.

The Hang w/ app enables live, real-time video to be sent from one phone to many. Anyone with an iPhone or Android device can connect instantly to hundreds, thousands, even millions of fans, in the case of a celebrity via live-streaming video broadcasts.

The Hang w/ platform was launched earlier this year and has been growing steadily, largely fueled by evangelism and support from the entertainment community -- where top talent such as Paula Abdul, Timbaland, Kaskade, Chief Keef, Dillon Francis and even Larry King are increasingly "Hanging w/" their fans.

Institutional Analyst Inc., has prepared a 16-page report on MEDL Mobile which will be delivered to its subscriber base and is available for nonsubscribers at the Internet Stock Review website. A copy of the report can be downloaded at www.internetstockreview.com or http://goo.gl/ov70wM

The report can also be viewed at http://www.hangwith.com/internetstockreview.php

Please see report specific related disclaimers attached to the report.

About Institutional Analyst Inc.

Institutional Analyst Inc., headquartered in Chicago, introduces small and microcap companies to professional investors including investment brokers, small cap mutual funds, private investment managers and hedge fund managers. The firm operates a number of leading industry specific websites, including the Internet Stock Review, the Patent Stock Review, the Private Equity Stock Review and IA's Special Situation Research, which are all available free to professional and retail investors and to industry and trade executives.

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.

MEDL Mobile is the majority owner of "Hang w/" - a global, mobile, social media platform that connects and shares via live-streaming video and will be monetized by fully integrated advertising. The platform was released via a private beta in January, 2013, released to the public in March, 2013 and quickly scaled to more than 1,000,000 broadcasts in its first three months.

For more information about MEDL Mobile, please visit www.medlmobile.com.

Forward-Looking Statements

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 dj@medlmobile.com 714-617-1991 ex. 4211 Investor Relations Contact: RedChip Companies, Inc. Jon Cunningham 800-733-2447, Ext. 107 407-644-4256, Ext. 107 info@redchip.com http://www.redchip.comSource:MEDL Mobile Holdings, Inc.