LAS VEGAS, March 12, 2014 (GLOBE NEWSWIRE) -- Xumanii (DBA Imerjn) (OTCQB:XUII), announced that it has acquired Amonshare.com, an established file sharing service that has approximately 30,000 registered users. The website and its customers will be merged with the Imerjn cloud that was launched on January 16, 2014.
Amonshare.com is almost 5 years old, receives approximately 1,200,000 impressions per month, has an Alexa Rank of approximately 35,000 and operates in 14 languages.
Imerjn CEO, Adam Radly, said, "The Imerjn cloud service is one of our more important services and we very happy about expanding our user base by 30,000 after acquiring Amonshare."
Cloud storage is popular but not yet ubiquitous - roughly 55 percent of "connected Americans" have never used a cloud-storage service (according to research conducted by Strategy Analytics). "On the one hand, everyone knows what cloud storage is and they know that they need it, but, on the other hand, approximately half of the country has never used it. This means that there is a definite opportunity and our timing is good," said Mr. Radly.
The research also found that "usage of cloud storage is heavily skewed towards younger people, in particular 20-24 year olds." Approximately 90% of the "connected Americans" used their cloud-storage service to upload music files. "The cloud's role in the race to win over consumers' digital media libraries has evolved from a value added service for digital content purchases to a feature-rich and increasingly device agnostic digital locker for music and movies," Ed Barton, Strategy Analytics' Director of Digital Media, wrote in a statement.
Imerjn CEO, Adam Radly, said, "We are working on adding some new features that will differentiate our cloud service from our competitors. We will provide more information about these features very soon."
About Imerjn
Imerjn (XUII), formerly known as Xumanii International Holdings Corp is an early stage company that develops and sells mobile software and hardware solutions. For more information please visit the company website at: http://www.imerjn.com . Contact: Adam Radly, info@imerjn.com .
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
