|By Marketwired .||
|July 28, 2014 09:00 AM EDT||
PLAINVIEW, NY -- (Marketwired) -- 07/28/14 -- Blast Applications (PINKSHEETS: BLAP). The merger with IFBC includes, but is not limited to, the 6,000,000 dollars in revenues which Justwine generated last year, as Justwine is only one part of IFBC.
This project will include 180 locations, most of which will be serving Italian Halal pasta and Italian Halal pizza reaching out to two billion Muslim consumers. The Muslim market imports around 60% of their requirements of both food and non food products. Less than 1% of this amount are certified Halal products and services. The Halal market business volume is about 2 billion Euros,with an average growth of over 10% per year.
We are working in conjunction with the Italian Food and Beverage Corporation to plan the opening of fast/street food locations and restaurants, which will offer primarily products made in Italy. The Justwine App, available in different languages for users to purchase online in the countries where it is already available, from Singapore, Austria, Hungary, Italy and most of Europe to the upcoming market in the USA, has been submitted to Apple for its approval.
Our combined efforts through the marketing of the world wide app and the tangible locations could improve the current 6,000.000 dollars revenue into projected hundreds of millions in just a few years.
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About Blast Applications, Inc.
Blast Applications, Inc. is a marketer and developer of applications for Android, iPhone®, Twitter® Facebook® and Nokia with unique opportunity to monetize the web surfer's dedication to social media sites through direct advertising programs tied to the Company's tools, applications and websites. www.blastapplications.com.
Forward Looking Statements
This release contains "forward-looking statements" and information provided by Blast Applications, Inc., such as online, printed documents, publications or information available via Blast Applications, Inc's website. It may contain certain forward-looking statements that involve risks, uncertainties, assumptions and other factors, which, if they do not materialize or prove correct, could cause Blast Applications Inc.'s results to differ materially from historical results, or those expressed or implied by such forward-looking statements. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates," and similar words. These statements may also include plans, strategies and objectives of management for future operations; any statements regarding proposed new products, services or developments; any statements regarding future economic conditions or performance; statements of belief; and any statements of assumptions underlying any of the foregoing. There can be no assurance that the negotiations being considered by the letter of intent will be completed.
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