FOUNTAIN VALLEY, Calif., Feb 03, 2014 (GLOBE NEWSWIRE via COMTEX) Hang w/, the premier livestreaming video, social media platform, announced today that the Internet Stock Review has updated coverage with a new report.
The Internet Stock Review, one of the oldest online newsletters covering the Internet and companies which derive a majority of their revenues from the Internet, was launched in 1998. It has consistently been ahead of the curve in identifying newly developing and rapidly
growing subsectors of the Internet, which later outpace competing subsectors by a significant margin.
Roland Rick Perry, Review Editor, stated, “When we initiated coverage last August, we stated that the ‘Hang With’ or Hang w/ video social media network, was the single most exciting social network launch that we had come across in years. Within four weeks of making that statement, Hang w/ surprised even us when they announced that more than 500,000 people around the world downloaded their mobile app. At the same time we analyzed usage numbers like we’ve never seen before, including having delivered 233 million ‘Hang w/ me’ notifications, with members creating 1.7 million video broadcasts.
“The service allows users to ‘Hang w/’ dozens, hundreds, even thousands simultaneously via live streaming video and simultaneous chat. Anyone with an iPhone, iPad or Android device can use the app for free to either broadcast live or to view a current live broadcast. And with recent enhancements to stream live to Facebook, users can now share broadcasts in real time and those videos can spread virally across other social media platforms regardless of whether or not viewers have the Hang w/ application.
“To say we were again surprised to learn that Hang w/ crossed one million less than four months later would be an understatement to say the least,” Perry stated. “Even more impressive in our opinion was learning that the usage numbers had increased to 350 million ‘Hang w/me’ notifications, with members sharing a staggering 2.1 million broadcasts, signaling users love creating live video broadcast just as much as they do viewing them,” Mr. Perry added. “Having personally used the app, we knew it would be a success, but we didn’t expect it to catch on this fast. The investing community is vigilant if not obsessed with finding the next ‘must join’ social media network. We believe now that MEDL’s Hang w/ has crossed the much watched one million members or download threshold, that it is just now appearing on the radar of investors and we are excited to continue reporting on their progress at this very early stage in their growth curve.”
Institutional Analyst Inc., has prepared a 17page report on MEDL Mobile which will be delivered to its subscriber base and is available for nonsubscribers at the Internet Stock Review website.
