The Company is pleased to announce a 10% growth in App revenue for the last seven days compared to the week before. We believe its a combination of growing subscription renewals, new iPad apps, app updates appearing in “new” genre categories, and the beginning of the traditionally strong Holiday sales season.

For example yesterday was averaging 30% higher revenue than previous Thursdays in the last 3 months. Also November 16th was highest sales day for subscription renewals in the last 90 days.

The average daily revenue from subscription apps has tripled over the last three months and we expect that subscription revenue will eventually be the #1 revenue generator for the Company sometime in 2012. This is very promising since we only have a few subscription apps for sale now and many more larger ones are in development.

This subscription revenue growth is even before we launch our “Netflix” type subscription app, and other large ones in development. Our goal is to get the “Netflix” type app before the iTunes shutdown Dec. 22nd (Apple doesn’t allow new App uploads or Reviews for a week during the Holidays). We cannot guarantee release date for various reasons and the review time may be extended, but we are shooting for early December. The new apps will be utilizing a different form of streaming tech than our previous apps.

I-Mobilize is now an official developer for Amazon’s new Kindle Fire, a device many believe is the strongest competitor to the iPad to appear in the marketplace yet. We expect to convert some of our top selling apps to the Fire platform in the near future, and if that goes well more apps will follow.

Other Recent Company News:
11 consecutive quarters of year over year revenue growth
104% increase in Revenue first 9 months of 2011 as compared to 2010
37% decrease in Expenses first 9 months of 2011 as compared to 2010
No Reverse Splits and no increase in Authorized Shares through 2012 Q1
1744 apps developed (all Platforms)
1456 iPhone/iPad apps for sale on iTunes
950,000+ App downloads
225,000+ App Updates
625k+ of Total App Sales Worldwide
52% of all App Sales are international
3,000,000+ iAd impressions
$4.91 average eCPM
New Subscription apps averaging 17% month over month revenue growth
2 Video Game Apps released, more in development
30 Eckhart Tolle Apps released
(#1 Best-Selling Author in Oprah’s Book Club)
Glenn Harrold apps released best-selling Self-Help Author/Hypnotist in UK, his apps ranked in top 200 worldwide.
Less than 1% return/refund rate
Facebook App store announced and in development
Movie/Video Subscription/Pay-Per-Download apps in development
White Label App Development now available to clients
New Digital Distribution Channels offered to clients:
Amazon, iTunes Music Store, E-Music (#2 digital music retailer) Rhapsody, Napster, MySpace Music, Spotify (Europe’s most popular streaming service), Verizon V-cast, Nokia, Last.Fm, MediaNet (formally MusicNet), Tradebit, 24/7 Entertainment, 7 digital, MOG, Myxer (46 million users, in top ten most visited website ), iHeartRadio (on 750 radio stations), and Deezer (top French streaming service with 20 million users).
Facebook :
News :
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.
Metatron Inc.