FOUNTAIN VALLEY, Calif., May 6, 2013 (GLOBE NEWSWIRE) -- MEDL Mobile, Inc. (OTCBB:MEDL) – a pioneer in the creation, development, marketing and monetization of mobile apps – announced today that famed music producer, Timbaland, has made a financial investment in HangWith, Inc.
The "Hang w/" app has already reached the top 30 on Apple's App Store with more than 100,000 downloads and 2,000,000 user sessions since launching in March. It enables live, real-time video to be sent from one phone to many. Anyone with an iPhone - and soon Android - device can connect instantly to hundreds, thousands, even millions of fans via 3-minute live-streaming video broadcasts.
Timbaland's impressive body of work has been recognized across the music industry, having won the People's Choice Awards, BET Hip Hop Awards, multiple Teen Choice Awards and multiple Grammy Awards - where he has been nominated more than a dozen times. The Super Producer's artistic collaborators include Jay Z, Justin Timberlake, Beyonce, Nelly Furtado, Snoop Dogg, Madonna and Missy Elliott. He plans to use the live-streaming platform to bring fans behind the scenes and into the music world.
"I've seen the power of social media and how a simple tweet or Instagram pic can bring awareness to an album," said Timbaland. "I think Hang With takes things to the next level. I believe the entertainment industry will line up behind this application and I intend to be at the head of the line."
Hang w/ looks to be a perfect fit for the Super Producer whose work is at the top of popular culture and social media. His most recent track with Jay Z, Open Letter, reached 1,000,000 listens in less than a week. His work with Justin Timberlake, The 2020 Experience, is the fastest-selling album worldwide in iTunes history.
"Timbaland brings real star power to a platform custom built for celebrity," said Andrew Maltin, MEDL Mobile CEO. "This relationship will open up new doors for Hang With - and for our users."
"Timbaland lives in a world that very few people will ever glimpse," said Dave Swartz, MEDL Mobile President. "He's the perfect partner to showcase the power of this new social media - and this is just the beginning."
Hang w/ is now available on the Apple App Store. www.hangwith.me/tmbpr
To view a Hang w/ video, click here. bit.ly/hangwpromo
Hang w/ will be available for Android in Q2, 2013.
You can learn more at www.HangWith.com
About MEDL Mobile
For years, MEDL Mobile has incubated "Hang w/" - a global, mobile, social media platform that connects and shares via live-streaming video and is monetized by fully integrated advertising. The platform was released via a private beta in January, 2013 and released to the public in March, 2013.
MEDL has led mobile strategy, ideation, development, marketing and monetization for many of the biggest names on the planet - in areas diverse as entertainment, telecom, medicine, education and retail - for such prestigious clients as Hyundai, Taco Bell, Monster.com, The New York Times Company, and Telefonica. The Company enters into partnerships to mobilize and monetize IP with such notable names as Encyclopedia Britannica, Real Madrid, Cheech & Chong and Marlee Matlin.
MEDL's patent-pending Mobile Brain is a powerful analytic engine which classifies users according to their Mobile Lifestyle via a Detailed Anonymous Profile (D.A.P.) and learns to make recommendations based on a predictive algorithm.
For more information about MEDL Mobile, please visit www.medlmobile.com.
Forward-Looking Statements
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 http://www.medlmobile.com.