Mr. Bradley Moore reports

FUNDAMENTAL ANNOUNCES USER UPDATE

Fundamental Applications Corp. has provided a users and keyword ranking update as of Sept. 30, 2016, of its revolutionary Foro Student Marketplace app by Foro Technologies Inc., the company's wholly owned subsidiary.

During the month of September, 2016, approximately 25,000 users, based in the United States, downloaded Fundamental's Foro Student Marketplace app, an increase of 50 per cent to its user base in 30 days. This brings the total user base for all of the company's applications to be in excess of 250,000. The Foro app also moved from the No. 32 to the No. 5 position in the iOS store's coveted keyword marketplace search ahead of such apps as Fiverr and Raise, while gaining over 1,000 new five-star ratings.

"With the summer break over, September has been an extremely strong month for Fundamental apps, as we re-engage students with the Foro Student Marketplace app," said Fundamental chief executive officer Brad Moore. "Our social media team engaged target campuses in the United States as we strive to gain further traction in key NCAA schools. We have seen considerable gains in the app stores with keyword searches having moved up as high as 999 per cent. In particular, a strong result last week in the coveted keyword student search shows that our user demographic is actively searching out the Foro app to download it."

The Foro Student Marketplace app is leading a revolution in localized buying and selling behaviour on campuses. The app provides users with a fun, easy and safe experience to turn things they do not need or want into cash. Through Foro, app users can transact business with trusted individuals, many of whom they may know personally as classmates or through social media, all located at the same campus.

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