ST. PETERSBURG, FL, Aug 30, 2011 (MARKETWIRE via COMTEX) -- Andiamo Corporation (pinksheets:ANDI) through its subsidiary ActionApp ( www.action-app.com ) announces several new apps currently under development including Social Networking, Utilities, Photography, Entertainment and Games to give the highest chance for a best seller.
"Rather than focusing on one category, we decided to go for a wider audience base in hopes of securing more 'top 100' apps within the Apple platform. Currently, we have 8 of our apps in the top 100 of their categories," Said Dustin Secor, CEO of ANDI.
AppRedeem has successfully implemented four of their existing apps and have seen increases in the conversion rates from their free to paid apps. With AppRedeem, the customers purchase price is rebated back. The remaining apps have all been implemented and are waiting on Apple approval.
ActionApp has added multi-national marketing to their exiting apps. Exiting apps have been translated into Spanish, Russian, Portuguese, German, and French to reach a broader market.
Harbor Madness Master, the next generation of our popular Harbor Madness has recently been released and it has received positive reviews. http://itunes.apple.com/us/app/harbor-madness-master/id454536390?ls=1&mt=8
"Our much anticipated financials that should provide our first EBITDA profitable quarter since becoming a publicly traded company should be released on time. We believe that becoming a profitable company will add to shareholder value and support our commitment to company growth. We also continue to search for the undervalued gem for new acquisitions that will complement our profitability," added Secor.
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This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets
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