Although the final numbers for the weekend are not in, the last two days have been record sales days and we expect to have a record weekend. This is primarily due to the performance of our new mega self-help app (Relax and Sleep Well) which has been as high as number 10 on top grossing lifestyle apps for US on iTunes. The app is also having a halo effect on nearly all our apps and most clients are noticing increased sales.

Already overall sales are up 42% week over week just because of these record days, and the biggest day of the week (Sunday) is not even counted yet, so we expect that number to be higher tomorrow when we get the full accounting in, and we will update blog asap.

This is especially significant since summer is typically a slower sales period for apps.

Also we now have 3 Glenn Harrold apps in the top 200 grossing lifestyle US iTunes chart:

Relax and Sleep Well Free
Relax and Sleep Well Full
Ultimate Hypnosis

We expect our numerous forthcoming mega-apps to also climb high into the charts and continue to boost revenues. Our next one should be out any day now.

Stay tuned…

The article below explains why we are doing our own mega-media subscription/rental app, and now we are even more confident that Metatron/i-Mobilize can become a real contender, our technology is now proven on a smaller scale seen in our record-breaking mega-app just released and we plan on taking it to the next level.

Industry News (Apple Insider):

Incredible gains in subscription-based online video-on-demand allowed Netflix to become the number one U.S. online movie service by revenue for 2011 after taking a deep cut into Apple’s share of the market.

According to statistics released by research firm IHS, the company known for its red DVD-carrying envelopes grew its share of market revenue from less than one percent in 2010 to over 40 percent in 2011, enough to overtake former leader Apple and its iTunes service. It was reported in March 2011 that Apple only accounted for 4 percent of the U.S. digital video market, but lead in terms of video sales.

Revenue from subscription-based video-on-demand (SVOD) jumped to $454 million in 2011, representing an astounding 10,000 percent change from 2010’s $4.3 million. SVOD subsequently became the most valuable sector of the U.S. online movie market, grossly outpacing the 75 percent revenue growth seen by transaction-based services like iTunes.

“We are in the midst of a significant change in the way people pay to consume movies online,” said Dan Cryan, research director for digital media at IHS. “All the significant growth in revenue in the U.S. online movie business in 2011 was generated by rental business models, which provide temporary access, not permanent ownership. Rental delivers unlimited consumption with a low monthly fee for older titles as well as cheap rentals of new releases, providing the kind of value that online consumers want. In contrast, EST, which is much more profitable for studios on a per-transaction basis, is stuck in the doldrums.”

Other Recent Company News:
2012 Q1 Revenue had a 13% increase from 2011 Q4 Revenue
2012 Q1 Net Income increased 30% from 2011 Q1 Net Income
The Company is profitable.
94% increase in Revenue in 2011 as compared to 2010
35% decrease in Expenses in 2011 as compared to 2010
No Reverse Splits and no increase in Authorized Shares through 2012 Q4
Metatron is one of the only profitable public mobile app companies,
and has more apps by far than most of its competitors.
Apps are considered to be the fastest growing sector
and Metatron is one of the only pure-play public app companies.
New Subscription App Contract Signed with Eckhart Tolle Teachings
(#1 all-time best selling author in Oprah’s Book Club, est. 35 million people watched his webinar with Oprah in 2008, 8 million+ books sold, ranked #1 most spiritually influential person in the world by Watkins Review)
30 Eckhart Tolle TV Apps released on iTunes and one on Google Play.
Facebook App store now online in beta, more products to be added soon.
225+ Android apps for sale now
1950+ apps developed (all Platforms)
1500+ iPhone/iPad apps for sale on iTunes
First Geolocating Database driven-app released “Open House”
1,500,000+ App downloads
950,000+ App Updates
$850,000+ of Total App Sales Worldwide
52% of all App Sales are international
5.1M+ iAd impressions
New Subscription apps released
Video Game Apps released, more in development
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
New Movie/Video Subsciption apps in late-stage development and testing phase.
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).
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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.