CAMPBELL, CA - (NewMediaWire) - October 27, 2015 - Friendable, Inc. (OTC PINK: FDBL) (the "Company") is pleased to announce that the Company has officially completed its name change from iHookup Social, Inc. to Friendable, Inc. and is now actively trading under its new symbol "FDBL."
The Company now intends to implement a strategic growth plan that will initiate a multi-faceted approach towards marketing the company in order to educate the consumer, increase its brand awareness and focus on the continued growth of its 600,000+ user base on a national and international level.
As previously reported, Friendable, Inc. has recently seen a 93% surge in female registrations over the last 30 days, validating to the Company that the Friendable brand is more inclusive than the former moniker. Friendable intends to cultivate this growth and expand its user base as consumers are made aware of the array of services and benefits for Friendable users. The Company plans to release a new version of the app in the coming weeks with a suite of new Friendable services.
"We are elated to move ahead with our transformation from iHookup Social to Friendable," stated Robert Rositano, Jr., CEO, Friendable, Inc. "This name and symbol change will now allow us to focus on a strategic marketing program that is designed to make Friendable a well-known social media app that can identify with virtually anyone looking to expand their social reach and various social circles, on a hyper-localized basis."
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Friendable recognizes that "Everything starts with Friendship" and the way to make connections and meet new people continues to evolve through new technologies and devices that make it all possible. Today just about everyone is on the move and interacting online with their mobile devices, creating dynamic opportunities to find and explore new experiences with location specific accuracy.
Friendable provides its vast mobile community of users with the freedom to meet new people, hang out with current friends, explore exciting venues and interact in social activities based around shared interests and location, transforming mobile interactions into a real-life social experiences. Friendable bridges our mobile community of users with the meeting of new friends, building relationships and connecting them with local venues or events tied to their interests, which presents newfound ways for them to interact and hang out.
Meeting new people and making connections has grown, where the modern meaning of "being social" or "meeting up" now includes opportunities to meet through mobile apps. The result of these interactions produces hyper-local advertising opportunities, allowing Friendable to act as both a friend finder and concierge using nearby locations to identify activities, events and businesses that may provide the entertainment they are seeking.
Making friends through a mobile app allows people of various backgrounds to connect through common interests and engage in fresh experiences while cultivating deep relationships. Meet people where you want, when you want, and show the world that you're Friendable -- Everything starts with friendship!
Join Friendable today and let someone know what you're "Friendable" for!
All shareholders should be advised that certain online stock quote sources might not immediately report the new name and ticker effectively. Regardless, the Company is expected to trade as usual.
Cautionary Language Concerning Forward-Looking Statements
This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected by Friendable, Inc. The iTunes rankings should not be construed as an indication in any way whatsoever of the future value of the Friendable's common stock or its present or future financial condition. The public filings of Friendable, Inc. made with the Securities and Exchange Commission may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Friendable, Inc. cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, Friendable, Inc. does not undertake, and Friendable, Inc. specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.