This fantastic article from TechCrunch (one of our favorite news sources) confirms what we have been saying for the last year and half…the mobile app industry is becoming something bigger than even the Internet boom, and we are one of the only public App companies with significant revenue and products-Metatron is the only real App game in town…welcome to The Perfect Storm!

Management knows because they were participants in the internet boom and active in the development of many Internet companies, including MP3.com, which if you didn’t know, raised over 300M in its 1999 IPO. It was just a little ahead of its time, an early iTunes basically. Our CEO went to UCSD with MP3’s CEO and was a founding shareholder, worked with MP3.com, and believes Metatron has even greater potential than MP3 did, the timing couldn’t be better.

Here is the article by Ben Keighran of Techcrunch, a must read:

http://techcrunch.com/2011/02/19/mobile-apps-1996-all-over-again/

Check out this chart…amazing:

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 iOS 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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