FOUNTAIN VALLEY, Calif., Feb. 3, 2014 (GLOBE NEWSWIRE) -- Hang w/, the premier live-streaming video, social-media platform, announced today that the Internet Stock Review has updated coverage with a new report.
The Internet Stock Review, one of the oldest online newsletters covering the Internet and companies which derive a majority of their revenues from the Internet, was launched in 1998. It has consistently been ahead of the curve in identifying newly developing and rapidly growing sub-sectors of the Internet, which later outpace competing sub-sectors by a significant margin.
Roland Rick Perry, Review Editor, stated, "When we initiated coverage last August, we stated that the 'Hang With' or Hang w/ video social media network, was the single most exciting social network launch that we had come across in years. Within four weeks of making that statement, Hang w/ surprised even us when they announced that more than 500,000 people around the world downloaded their mobile app. At the same time we analyzed usage numbers like we've never seen before, including having delivered 233 million 'Hang w/ me' notifications, with members creating 1.7 million video broadcasts.
"The service allows users to 'Hang w/' dozens, hundreds, even thousands of followers simultaneously via live streaming video and simultaneous chat. Anyone with an iPhone, iPad or Android device can use the app for free to either broadcast live - or to view a current live broadcast. And with recent enhancements to stream live to Facebook, users can now share broadcasts in real time and those videos can spread virally across other social media platforms regardless of whether or not viewers have the Hang w/ application.
"To say we were again surprised to learn that Hang w/ crossed one million less than four months later would be an understatement to say the least," Perry stated. "Even more impressive in our opinion was learning that the usage numbers had increased to 350 million 'Hang w/me' notifications, with members sharing a staggering 2.1 million broadcasts, signaling users love creating live video broadcast just as much as they do viewing them," Mr. Perry added. "Having personally used the app, we knew it would be a success, but we didn't expect it to catch on this fast. The investing community is vigilant if not obsessed with finding the next 'must join' social media network. We believe now that MEDL's Hang w/ has crossed the much watched one million members or download threshold, that it is just now appearing on the radar of investors and we are excited to continue reporting on their progress at this very early stage in their growth curve."
Institutional Analyst Inc., has prepared a 17-page report on MEDL Mobile which will be delivered to its subscriber base and is available for non-subscribers at the Internet Stock Review website. A copy of the report can be downloaded at www.internetstockreview.com or http://goo.gl/eIijQm
The report can also be viewed at http://www.hangwith.com/internetstockreview.php
Please see report specific related disclaimers attached to the report.
About Institutional Analyst Inc.
Institutional Analyst Inc., headquartered in Chicago, introduces small and microcap companies to professional investors including investment brokers, small cap mutual funds, private investment managers and hedge fund managers. The firm operates a number of leading industry specific websites, including the Internet Stock Review, the Patent Stock Review, the Alternative Energy Stock Review and IA's Special Situation Research, which are all available free to professional and retail investors and to industry and trade executives.
About Hang w/ and MEDL Mobile
Hang w/ was incubated by MEDL Mobile, Inc. -- a pioneer in the creation, development, marketing and monetization of mobile apps. MEDL Mobile is the majority shareholder of Hang With, Inc.
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.
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 www.medlmobile.com.