MEDL Launches Hang w/ - a Live Video Social Media Platform
After Years of Stealth Development and Months of Private Beta With a Patent
Pending, Hang w/ Hits the Apple App Store
FOUNTAIN VALLEY, Calif., March 20, 2013 (GLOBE NEWSWIRE) -- MEDL Mobile, Inc.
(OTCBB:MEDL) – a pioneer in the creation, development, marketing and
monetization of mobile apps – announced today that the patent-pending "Hang
w/" live social mobile video platform has been approved for release by Apple
and is available for download on the Apple App Store. The long awaited launch
of this new app provides MEDL with an important new channel of advertising
"Hang w/" allows live real-time video to be sent from one phone to many. The
goal of the platform is twofold: to become the premier social media network
for people around the globe to connect, communicate and share experiences via
live streaming broadcasts - and to enable celebrities and public figures to
easily monetize their fan bases.
The platform is powerful yet extremely simple. Any user can be a broadcaster
and/or a follower. After a follower receives a notification that the
broadcaster is live, the follower views a short pre-roll advertisement before
watching a live video feed sent directly from th e broadcaster's smartphone
camera. The follower is able to chat with the broadcaster and other followers
during the broadcast. A post-roll advertisement ends the broadcast.
Users will also be able to send messages directly from the app to Facebook and
Twitter as events happen live on Hang w/ - using the power of social media to
rapidly grow the platform's user base.
"Streaming live video is definitely the hot category in the social media
space," said Andrew Maltin, CEO. "There's nothing quite like being able to
watch someone live, comment on the action as it happens, get actual responses
from the broadcaster and have a conversation with other viewers. And the fact
that it's purely mobile means that Hang w/ is where today's users are - on
"We've watched as actors, dancers, musicians, models, sports stars, agents and
all sorts of personalities have all taken to the platform and begun Hanging
With each other," continued Maltin. "And we're thrilled that even more
celebrities and millions of new users can now jump onboard."
The company recently filed a patent to protect the Hang w/ technology and
associated intellectual property, entitled, "Apparatus and method of streaming
media and data to multiple computing devices."
Hang w/ is now available on the Apple App Store: http://bit.ly/hangwapp
Link to view the Hang w/ video: http://bit.ly/hangwvideo
Hang w/ will be available for Android in Q2, 2013.
Visit hangwith.com for more.
About MEDL Mobile
The Company develops, acquires and publishes a growing library of mobile
applications which perform specific functions for the user on the Apple and
Android platforms. The Company licenses its technology and performs custom
development for key clients such as Monster.com, New York Times Company,
Teleflora, Telefonica and Medtronic, allowing the company to grow the overall
library of technology greatly extending the potential reach of the Mobile
Brain. The Company enters into partnerships to mobilize and monetize IP with
such notable names as Encyclopedia Britannica, MTV's Pauly D, Cheech & Chong,
Rampage Jackson and Marlee Matlin. The Company is establishing a business
model in which it expects to generate multiple revenue streams, including
development fees, download and in-app purchases, advertising, sponsorship and
licensing of technology. User analytics are collected by the Company's growing
Mobile Brain which processes user data in order to create better distribution
and monetization of mobile applications. The Company's Software Development
Kit (SDK) consists of a growing suite of tools which have been designed to
help developers to better market and monetize their mobile applications. For
more information about MEDL Mobile, please visit www.medlmobile.com.
Certain statements contained herein constitute "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based on current expectations, estimates
and projections about MEDL Mobile's industry, management's beliefs and certain
assumptions made by management. Readers are cautioned that any such
forward-looking statements are not guarantees of future performance and are
subject to certain risks, uncertainties and assumptions that are difficult to
predict. Because such statements involve risks and uncertainties, the actual
results and performance of the Company may differ materially from the results
expressed or implied by such forward-looking statements. Given these
uncertainties, readers are cautioned not to place undue reliance on such
forward-looking statements. Potential risks and uncertainties include but are
not limited to the ability to integrate Inedible Software apps and platform
into MEDL's product offering, the ability to procure, properly price, retain
and successfully complete projects, and changes in products and competition.
Unless otherwise required by law, the Company also disclaims any obligation to
update its view of any such risks or uncertainties or to announce publicly the
result of any revisions to the forward-looking statements made here. Readers
should review carefully reports or documents the Company files periodically
with the Securities and Exchange Commission.
For more information about MEDL Mobile, please visit
CONTACT: Media Contact:
714-617-1991 ex. 4211
Investor Relations Contact:
RedChip Companies, Inc.
800-733-2447, Ext. 107
407-644-4256, Ext. 107
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