HENDERSON, Nev. May 18, 2012
Many Social Media companies are left in a quandary as to how to monetize their Mobile Apps. Moreover, some are reluctant in developing Mobile Apps for their social media network as selling ads space for Mobile Apps is very limited due to the smaller screen size on mobile phone, which can radically affect their revenue model. However, they also recognize the significant trend that an increasing number of social media subscribers are now turning more and more to their mobile phone to access their favorite social media network and social media companies want to capitalize on this trend and increase their user base.
Zngle found a solution to this problem through an innovative strategy and is currently in the process of applying for a Method Patent.
"With respect to the platform developments, we are extremely pleased with the fast progress we’ve made and the performance testing of the Zngle.com platform. We are looking to add the majority of the functionality upon approval from Apple. We are using this phased implementation, because if we were to enable all the features now, it could prolong Apple`s testing and potentially delay the approval process," added Mr. Ruf.
Rarus Technologies is also finalizing the expansion of a senior management and development team to launch, promote, and maintain the Zngle.com platform and Rarus expects to make several significant appointments in the near future. Further updates regarding Zngle.com and other Rarus Technologies business developments will be made as additional information becomes available.
About Rarus Technologies Inc. and Zngle, Inc.
Rarus Technologies Inc. was incorporated in 2010 and is an emerging technology company focused on establishing an innovative business model intended to bridge cutting-edge social media and e-commerce into a marketplace that connects friends, family, consumers, and vendors in new and exciting ways. In May, 2012, Rarus Technologies Inc. incorporated Zngle, Inc. as the primary subsidiary and operations base for the Zngle.com licensed internet platform. Zngle.com is designed be a centralized Internet portal and next-generation social media website that incorporates voice/text messaging, video email, and mobile technologies to allow consumers to access real-time information about various products and services through augmented proximity reality search features.
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SOURCE Rarus Technologies Inc.