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Andiamo Corporation (ANDI) Acquisition Announcement
Published Sep 18 2012
5 min read

Andiamo Corporation (ANDI) Acquisition Announcement

Andiamo Corporation (ANDI)Acquisition Announcement

 

St. Petersburg, FL – Andiamo Corporation(PINKSHEETS: ANDI) announced that ishas completed an acquisition of a website blog titled Trust This App. This site was started in 2008 and is based around business, computer, software,and smartphone interests with a large daily following of readers as well as alarge inventory of advertisers. www.trustthisapp.com

"While this is not a huge acquisition, we saw this as an opportunity topromote our own Apps through a blog type atmosphere by featuring a differentApp from either our Apple or Android inventory each week.  Rather thanpaying for App promotion, we can now take advantage of our own resource whilemaking money from advertisers at the same time.  This blog subscribes to a network of blog writers, so we are not responsible,nor do we have to invest the time or money for the blog articles.  No shares were issued or used for thisacquisition and it was paid for with cash on hand as well as the sellercarrying a small note at zero percent interest that is non-convertible whichwill be paid off from the cash flow of the website within about 6 months. The annual revenue from this blog will add about $40,000 a year to our incomefrom the existing advertising network".

”With recent reports showing that each App user has a measurable lifetime valuefor overall company valuation, we want to continue to add as many users aspossible to our already large user base of over 17 million downloads. Each time an Action App is downloaded, that user is constantly reminded andmarketed to download other Action Apps thereby creating our own in-networkmarketing opportunity and we want to take advantage of every logical opportunityto add downloads and users especially when they pay for themselves. “said CEOSecor.

About Andiamo Corporation:

 

ActionApp is currently expanding their popular andprofitable inventory of apps in rapid fashion across Apple and Android having reached a shortterm goal of 500 apps in their portfolio, with 1000 Apps set for a longer termgoal.  Action Apps has exceeded 17million downloads. 

 

www.action-app.com

 

Safe Harbor Statement at www.action-app.com/statement/


Investor Relations Contact:

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(800) 953-3350