SUFF News Suff Holdings Signs LOI to Acquire Con
Post# of 145170
SUFF News Suff Holdings Signs LOI to Acquire Controlling Interest in Mobile Smartphone and Tablet App Builder / Developer
2012-04-23 09:36 ET - News Release
LAS VEGAS, NV -- (Marketwire) -- 04/23/12
Suff Holdings,FKA Suffer, (PINKSHEETS: SUFF) today announced that the company has signed a Letter of Intent with Apps4less, a Mobile Smartphone and Tablet App Builder/ Developer.
The App industry is growing very rapidly. In a very short time span the Mobile/Smartphone Tablet App industry has grown to be a multi-billion dollar force to be reckon with. Some interesting statistics can be found at http://www.digby.com/mobile-industry-resource...tatistics/
The need for businesses to have an App is increasing. At the start of the Internet's popularity, some businesses were reluctant to launch a website. In today's world they are virtually expected. We feel that Mobile Apps are going to be the next necessity, fact is they already are. The problem most businesses face when thinking about building an App for themselves is that they can be very costly, and it can actually be hard to find a developer in some cases.
Suff Holdings plans to work with Apps4less to develop a model whereas we will drastically lower the cost of an App, and sell on a mass quantity. Apps4less is on track to possibly break 1-2 million in sales for 2012. Some of the developers on the Apps4less team have worked with companies such as Zappos.com and Amazon.com. We project that with adding a strong marketing campaign to their product, sales could easily triple. We are working on a model and will release information about it shortly.
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