Amazon Payments Reactivates Apps Genius Corp's LGBT Crowdfunding Website
Website Re-Launches to Fund Projects for LGBT Community Causes
DEERFIELD BEACH, Fla., March 14, 2013
DEERFIELD BEACH, Fla., March 14, 2013 /PRNewswire/ -- After three weeks of
ongoing dialog, GetGayFunded.com and Amazon Payments have reached a mutual
agreement that has re-established Amazon Payments as the funding processor for
LGBT projects listed on Apps Genius Corp's GetGayFunded.com crowdfunding
website. The site went live again on March 9^th, said Adam Kotkin, chief
executive officer of Apps Genius Corp (OTCQB: APGS), the company that
developed and operates GetGayFunded.com.
In addition to re-establishing funding processing, Amazon Payments also agreed
to continue processing nearly $7,000 of funds that had been pledged for nearly
two dozen LGBT projects before GetGayFunded.com went dark on February 19^th.
GetGayFunded.com uses Apps Genius' proprietary crowdfunding platform and is
specifically designed to meet the unique crowdfunding needs of the Lesbian,
Gay, Bisexual, and Transgender (LGBT) community. The site is a place where
both businesses and individuals can post their projects and others have the
opportunity to pledge to projects they find interesting or beneficial.
"It was very important for us to work with Amazon Payments to process the
money that had been pledged for those projects already," said Kotkin. "We
appreciate the tremendous outpouring of support from the public to get our
website back online and we are grateful to Amazon Payments for working through
this issue so GetGayFunded.com can go back to work providing much-needed
funding support for LGBT community projects."
About Apps Genius Corp
Apps Genius Corp (OTCQB: APGS)(www.appsgenius.com) develops and operates a
crowdfunding platform that powers GetGayFunded, a crowdfunding site devoted to
the LGBT Community and GetFunded.com, a crowdfunding site devoted to the
welfare of animals. It also develops, markets, publishes and distributes
social games and software applications that consumers can use on a variety of
platforms. The platforms include social networks, wireless devices such as
cellular phones and smartphones, including the Apple iPhone™, and standalone
Statements about the future expectations of Apps Genius Corp, and all other
statements in this press release other than historical facts, are
"forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. Apps Genius Corp intends that such
forward-looking statements shall be subject to the safe harbors created
thereby. Since these statements involve certain risks and uncertainties and
are subject to change at any time, Apps Genius Corp's actual results could
differ materially from expected results.
THE MURRY AGENCY
or Richard Murry
SOURCE Apps Genius Corp
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