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iHookup Posts 67,054 New Downloads in May, Grows 63% Over April and Accelerates User Acquisition Strategy for June
Company to Provide Monthly User Growth Numbers to Investors
|By Marketwired .
|June 2, 2014 08:28 AM EDT
CAMPBELL, CA -- (Marketwired) -- 06/02/14 -- iHookup Social, Inc. (OTCQB: HKUP), a mobile application positioned at the intersection of dating, social media and location based connections, is pleased to provide user growth statistics for May of 2014.
For the month of May, the Company showed growth over April with a total of 67,054 new downloads of the popular iHookup Social app in the Apple App Store marketplace. This total is another record for the Company as it attracts users to its growing platform, which has now surpassed a 200,000-registered user count.
STATISTICS January February March April May
Downloads 7,406 6,547 16,599 42,207 67,054
(Free and Paid)
Registered Users 120,148 124,588 137,743 164,632 212,528
"We continue to believe in the industry standard for valuation of mobile apps in our space which is directly tied to the total number of users," stated Robert Rositano Jr., CEO, iHookUp Social. "As such, our technology team has stayed ahead of our growth with additional scale of our network infrastructure. We intend to provide a growth report related to user acquisition on or around the first of each month to ensure the most transparency possible to the market."
"In time, we hope these reports will no longer be necessary as we yield to reporting monetization metrics and overall revenue growth in our quarterly and annual reports," added Rositano.
From time to time, iHookup Social will provide market updates and news via its website www.ihookupsocial.com or the Company's Facebook page at www.facebook.com/ihookupnow
A current Investor Presentation can be viewed at the link below:
iHookup Social, Inc.
iHookup Social is a "proximity based" mobile social platform that facilitates real connections, between real people... in real time. It utilizes the intelligence of GPS and localized recommendations for dating, friends, groups and organizations to break through closed social cliques and expand them, not only virtually, but in real life.
The company's users will be provided with "local" options of many kinds, enabling mobile distribution of locally relevant content and special offers. The company hopes to bring together a dynamic opportunity for brands, advertisers and merchants to interact in new and innovative ways with the iHookup Social Network, while building customer loyalty, engagement and revenues. The company is pursuing its growth in its current "dating vertical" market, as well as expanding its reach in the general audience category of "Social Networking." www.ihookupsocial.com
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 iHookup Social, Inc. the wholly owned and operating subsidiary of Titan Iron Ore, Corp. ("Titan"). The iTunes rankings should not be construed as an indication in any way whatsoever of the future value of the iHookup Social - Titan's common stock or its present or future financial condition. iHookup Social - Titan's filings 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. iHookup Social - Titan cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, iHookup Social - Titan does not undertake, and iHookup Social - Titan specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
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