Blast Applications, Inc. Reports Improved Financials for Fourth Quarter and Fiscal Year 2013

PLAINVIEW, NY--(Marketwired - Mar 25, 2014) - Blast Applications, Inc. (PINKSHEETS: BLAP) today reported financial results for the fourth quarter and fiscal year ended December 31, 2013.

Highlights for the fiscal year 2013 include a 35 percent increase in gross revenue, 57 percent reduction in its current liabilities and 63 percent lower operating cost from Blast Applications' corporate overhead.

The increase in revenues during fiscal year 2013 is a result of Blast Applications showing the ability to successfully improve sales across all areas that the company has diversified in the last 12 months. The complete financials are available at http://www.otcmarkets.com/ .

"Our improved 2013 financial performance is reflective of the progress Blast Applications is making towards its strategic relationships and partnerships to grow revenue and create even more organic growth, our focus is expanding sales within existing and new revenue opportunities."

Stated Dino Luzzi, CEO of Blast Applications, Inc., who will continue to have a leading role in driving growth in 2014.

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