HENDERSON, Nev., June 7, 2012 /PRNewswire/ -- Rarus
Technologies Inc. (OTCQB: RARS) ("Rarus") announced today that it
has moved quickly to incorporate improvements into its Zngle iPhone
App and has submitted version 1.1 of the App to Apple.
Additionally, Zngle has now broadened its range of potential
clients by also joining the Android Marketplace. The two Smart
Phone Giants control 90% of the US Smartphone Market according to
CNET
(http://news.cnet.com/8301-1023_3-57429192-93/android-reclaims-61-percent-of-all-u.s-smartphone-sales).
Zngle released its first iPhone App on June 1, 2012 in the Apple iTunes Store and has
now submitted version 1.1 with added features and improvements.
Zngle has been very diligent in getting member feedback and is
already developing version 1.2 with more new and improved features.
The Android App will have the same functionality and UI design as
Zngle's iPhone version 1.2 and is expected to be available in the
Android Marketplace in 2 to 3 weeks.
"We are excited to explore the new opportunities presented in
developing and distributing of our platform in the Android Market
Place. Our technology and applications were built with the
intention of being offered on multiple platforms and our new
relationship with the Android Market Place and member feedback
makes us confident we can capitalize on the millions of Android
users out there," commented Manfred
Ruf, CEO of Rarus. Ruf added, "Today we also
successfully closed a private placement which raised US$500,000 through the sale of 5,000,000
restricted common shares at $0.10 per
share to qualified, non-related investors. This private
placement will help us further develop and market Zngle.com and its
new mobile phone apps. We're very pleased with the market
acceptance of the Zngle.com business concept, as evidenced by the
success of this major private placement. Funds raised will be used
for installment payments for our Zngle license and marketing
initiatives which we believe will speed our launch into the dynamic
and fast-growing market for mobile phone apps."
You can follow Zngle business development at www.zngle.com. Be
sure to watch our video on the home page and experience the Zngle
platform yourself.
About Rarus Technologies Inc. and Zngle, Inc.
Rarus Technologies Inc. was incorporated in 2010 and is an
emerging technology company focused on establishing an innovative
business model intended to bridge cutting-edge social media and
e-commerce into a marketplace that connects friends, family,
consumers, and vendors in new and exciting ways. In May, 2012,
Rarus Technologies Inc. incorporated Zngle, Inc. as the primary
subsidiary and operations base for the Zngle.com licensed internet
platform. Zngle.com is designed be a centralized Internet portal
and next-generation social media website that incorporates
voice/text messaging, video email, and mobile technologies to allow
consumers to access real-time information about various products
and services through augmented proximity reality search
features.
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SOURCE Rarus Technologies Inc.
