The Company is pleased to announce that today Apple approved a new Rick Collingwood App “Attracting Success Hypnosis”. This is the second in a series of apps that are already for sale on the Android Marketplace. We expect to release all of his extensive catalog on both platforms in the coming months.
Rick Collingwood, is considered by many to be the worlds’ leading hypnotherapist. He has worked with countless celebrities, sports stars, business leaders and also appeared as a hypnosis expert on many international media programs including NBC, Good Morning America, Coast to Coast Radio, Fox Sports and MTV.
Rick’s CD’s have sold more then a million copies and been awarded 2 Platinum & 5 Gold prestigious ARIA (Australian Recording Industry Association) Record Awards.
15 new Effective Learning Systems apps will appear on Android Marketplace later today.
The mission of Effective Learning Systems is to develop and distribute the most effective programs – incorporating the most powerful, scientifically sound techniques – to help as many people as possible learn to use the power of their mind to achieve their goals and realize significant, positive changes in their lives.
10 new iPhone/iPad app updates were approved by Apple yesterday. We expect many more new apps and updates to be approved in the coming weeks, both on our iTunes account and our white label client accounts.
There will be no reverse splits and no increase in Authorized Shares through 2012 Q2,
this is an extension of previous moratorium that lasted through Q1 2012, and there are no plans beyond Q2 2012 for reverse splits or authorized share increases.
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
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)
No Reverse Splits and no increase in Authorized Shares through 2012 Q2
100+ iPhone/iPad apps updates released into “new” catagory in the last 60 days
50+ New Android apps released in last 30 days
130+ Android apps for sale now
1900+ apps developed (all Platforms)
1500+ iPhone/iPad apps for sale on iTunes
1,090,000+ App downloads
415,000+ App Updates
650k+ of Total App Sales Worldwide
52% of all App Sales are international
3.5M + iAd impressions
$4.77 average eCPM
New Subscription apps released
2 Video Game Apps released, more in development
30 Eckhart Tolle Apps released
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
New Movie/Video Subsciption apps in late-stage 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).
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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.
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