Cascadia Investments, Inc. Adds Mobile Advertising to Its Gaming Applications to Generate Additional Revenues
April 13 2011 - 9:01AM
Marketwired
Cascadia Investments, Inc. (PINKSHEETS: CDIV) announced today that
in connection with its stated goal of wanting to become the largest
developer of gaming apps on the Apple platforms, it has begun
generating revenue not only from the purchase of its gaming apps
via the iTunes platform, but also via mobile advertising. In that
regard, Cascadia has signed on with AdMob, a Google® company that
offers mobile advertising to monetize its products.
Management believes that the bonds forged with consumers using
mobile advertising last over time and help to create product
loyalty. As a result of its decision to sign on with AdMob,
Cascadia expects not only the rewards of instant monetization of
its apps, but also higher brand name recognition and brand
loyalty.
Whereas in the past players were given free access to the first
few levels of Cascadia's gaming apps, now the company has adopted
mobile advertising using AdMob. It now has the potential to collect
revenue as soon as a player begins gaming. Since all of Cascadia's
gaming apps have been integrated to serve AdMob ads, Cascadia
anticipates a steady increase in revenues over time.
Cascadia Investments, Inc. is a publicly traded company
operating in the Pacific Northwest that focuses on developing
and/or acquiring cutting-edge Internet businesses. The company's
principal objective is to create equity and long-term earnings
growth through the acquisition and development of its social media,
gaming and other web-based apps.
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. All trademarks and
copyrights remain the property of their respective owners and no
association is express or implied.
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Cascadia Investments, Inc. Tel: 253-777-3507
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