MEDL Mobile to Host the Orange County Privacy Summit
Published on Friday, 25 May 2012 09:15 Written by TradersHuddle Staff
FOUNTAIN VALLEY, Calif., May 25, 2012 (GLOBE NEWSWIRE) -- MEDL Mobile, Inc. (OTCBB:MEDL), an innovator, incubator and aggregator of mobile technology, announced today that they will be hosting the Application Developers Alliance Privacy Summit at MEDL Headquarters in Fountain Valley, CA on June 6, 2012. As a part of a nationwide campaign to spark the conversation on privacy legislation, MEDL Mobile and the ADA are calling the southern california development community to converge on this issue to ultimately foster industry growth.
"MEDL Mobile is proud to be a part of the ADA and its efforts to support the worldwide development community," says MEDL CEO and ADA Board Member, Andrew Maltin. "We believe that events like this, that foster education and conversation are essential to the growth of the industry as a whole."
Over June 5 and 6 2012, a panel of industry innovators from TRUSTe, Mobile Deluxe and MEDL Mobile will be bringing the discussion to Los Angeles, Orange County and San Diego. During this series, they will be addressing the changing landscape of privacy, and how it affects the development community as a whole. As nationwide legislators and regulators begin making decisions about software privacy, developers must take lead in deciding how privacy protections can enhance and not impede the business of building software. The ADA Summit invites all members of the development and technological service industries to join the conversation.
About MEDL Mobile, Inc.
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. 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. Additionally, 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. For more information about MEDL Mobile, please visit www.medlmobile.com.
The MEDL Mobile Holdings Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11366
About Application Developers Alliance
The Application Developers Alliance is a newly formed industry association dedicated to meeting the unique needs of application developers. The Apps Alliance supports developers of every type, across all languages and platforms and works to make building, testing and shipping great apps easier for all developers. Alliance members include more than 6000 individual application developers and more than 60 companies, investors and stakeholders in the apps ecosystem. Visit us at appalliance.org.
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.
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