Myriad Interactive Media Announces MingleSuite Expansion into the German Market and Installation Capacity Increase
Aug 14, 2013 (ACCESSWIRE via COMTEX) -- TORONTO - (ACCESSWIRE - August 14, 2013) - Myriad Interactive Media, Inc. (OTCQB: MYRY), (BERLIN: XNG), a global interactive media and development company, today announced its entry into the German market as part of its continued global expansion efforts. Myriad's technical team has been working with the company's new German partners on the expansion of its MingleSuite(TM) and MyMobiPoint(TM) social media technologies.
"Our technical team has worked with the Myriad technical team and is now fully trained on platform installation. We are ready to increase the total number of worldwide installations to approximately fifty per day, five of which are allocated to the German market," said Marcel Over, Marketing Manager of PcTec24. "Together, we plan to complete approximately 1500 MingleSuite installations for the German market in our first year."
"With such a large shareholder base and an active investor community, it only makes sense for us to introduce our solutions into the German market," said Derek Ivany, President and CEO of Myriad. "Our investors can track our growth progress in real-time and in their native language, which we anticipate will facilitate a much clearer understanding of our products & services."
Myriad also announced its three-tier retail pricing for MingleSuite in Germany:
Starting Out: 14.99 EUR per month, 349.00 EUR One Time Setup Fee
Social Bug: 21.99 EUR per month, 449.00 EUR One Time Setup Fee
Go Viral: 37.99 EUR per month, 549.00 EUR One Time Setup Fee
By reaching its goal of 1500 first year German MingleSuite installations, the Company expects to recognize 22,000 EUR to 56,000 EUR in approximate recurring monthly revenue and approximate total platform sales revenue of between 500,000 EUR to 825,000 EUR.
MyMobiPoints.com Update
Myriad Interactive Media Inc. has delivered five initial product demos and has commenced sales of its MyMobiPoints social loyalty iOS application for iPhone devices. We have also improved overall application features and functionality and now that we have fully implemented our recent dashboard acquisition we have now increased product pricing from $2499 to $4999 for our Lite version, and our Premium application has been increased to $9999 from $4999 with new added ecommerce capabilities as well as new analytics tracking.
About Myriad Interactive Media, Inc.
Myriad Interactive Media is an interactive marketing and development firm based in Toronto, Canada. Myriad designs and develops customized marketing plans, social media marketing campaigns, pay per click, and search engine marketing. The Company also develops in house web & mobile applications. Myriad Interactive Media Inc. is a public company quoted on the OTCQB under the symbol MYRY.
For more information on Myriad Interactive Media, Inc., please visit us in the USA at http://www.myriadim.com/
Forward-Looking Statements
In addition to historical information, this press release may contain forward-looking statements that reflect the Company's current expectations and projections about future results, performance, prospects and opportunities. These forward-looking statements are based on information currently available to us and are subject to a number of risks, uncertainties and other factors that may cause actual results, performance, prospects or opportunities to be materially different from those expressed in, or implied by, such forward-looking statements. You should not place undue reliance on any forward-looking statements. Except as required by federal securities law, the Company assumes no obligation to update publicly or to revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available, new events occur or circumstances change in the future.
Contacts
Myriad Interactive Media Inc.
Toronto Web & Mobile Design Studio
http://www.myriadim.com/website-development-services.html
To learn more about MingleSuite and how to centralize your social networks in one location, please visit:
MingleSuite USA
http://www.minglesuite.com/
MingleSuite Germany
http://minglesuite.com/de/
MingleSuite Denmark
http://minglesuite.com/dk/
For more information on our mobile application product MyMobiPoints and other custom mobile development solutions, please visit:
http://www.mymobipoints.com/
Investor Relations Contact:
Financial Communications Contact
Michael Briola, Partner
Anubis Partners, LLC
mbriola@anubispartners.com
541.482.0919 Direct
208.988.9126 eFax
SOURCE: Myriad Interactive Media, Inc.
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