18:21:50 EDT Thu 18 Apr 2024
Enter Symbol
or Name
USA
CA



Fundamental Applications Corp
Symbol FUN
Shares Issued 21,745,068
Close 2016-03-30 C$ 0.255
Market Cap C$ 5,544,992
Recent Sedar Documents

ORIGINAL: Fundamental's Foro now in over 1,000 Cdn, U.S. colleges

2016-03-31 09:17 ET - News Release

Received by email:

File: 2016 Mar 31 Fundamental Announces Major Foro Expansion into U.S. Universities & Colleges.pdf

FUNDAMENTAL ANNOUNCES MAJOR FORO EXPANSION INTO U.S. UNIVERSITIES & COLLEGES

Vancouver, British Columbia, Canada, March 31, 2016 - Fundamental Applications Corp.
("Fundamental" or the "Company") (CSE: FUN, FSE: 2FA, OTCQB: FUAPF), announces that Foro
2.0.2 is now live on over 1000 university and college campuses in Canada and the United States.
This major expansion makes its revolutionary peer-to-peer (P2P) mobile buy/sell app accessible
to every student on these 1000 campuses.

The Foro app for online buying and selling is now being used by over 300 universities and colleges
in the United States and Canada, a growth from 63 campuses just 30 days ago. As a leading
developer of innovative smartphone applications targeted toward millennials, Foro Technologies
Inc. is experiencing exponential growth that is expected to continue.

"Our expansion to these key U.S. universities and colleges is an exciting event for Foro. With
product feature enhancements completed and a surge in app downloads and brand awareness
on social networks, we knew it was time to expand aggressively. We focused our expansion on
880 National Collegiate Athletic Association (NCAA) Division l, ll and lll schools to drive the Foro
brand at both the individual and student administration level. The Foro Student Marketplace
app embraces college life and synchronizes with the spirit of NCAA schools. Recently we ran a
2016 Spring Break Sweepstake Contest where students could win cash prizes for new Foro app
downloads. The level of energy and excitement on social media among students was fantastic,"
explained Fundamental CEO Brad Moore. "Aggressive school expansion is key in user acquisition,
as each campus opened by one student downloading the Foro app leads to a dozen more organic
student downloads. The initial buying and selling between these students and the Foro
community building initiatives on social media leads to the compounded growth every app
company strives for."

About Fundamental
Fundamental Applications Corp. (CSE:FUN, FSE:2FA, OTCQB: FUAPF) designs, develops, markets,
and acquires innovative mobile applications targeted at the "Millennials" generation, people
born in an age of digital technology, internet access, and smartphones. This demographic is an
early adopter of mobile technology, has significant discretionary income, and is lifestyle driven
with a willingness to try new things. Fundamental's three leading mobile platforms are Foro, a
peer-to-peer mobile ecommerce marketplace; Truth, a one-to-one anonymous messaging app
previously listed in the top 100 social networking apps in the Apple App Store; and SerumTM, an
app that enables users to post questions to their friends and receive answers anonymously.
 For more information about Fundamental Applications Corp., visit online at
www.FunAppCorp.com, or review its company profiles on the SEDAR website (www.sedar.com)
and on the CSE website (www.thecse.com). To schedule an interview, please contact:

Bradley Moore
Chief Executive Officer
Telephone: 514.561.9091
Email: info@funappcorp.com
www.FunAppCorp.com

Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities
legislation, concerning the business of Fundamental. Forward-looking information is based on certain key
expectations and assumptions made by the management of Fundamental. Although Fundamental
believes that the expectations and assumptions on which such forward-looking information is based are
reasonable, undue reliance should not be placed on the forward-looking information because
Fundamental can give no assurance that they will prove to be correct. Forward-looking statements
contained in this press release are made as of the date of this press release. Fundamental disclaims any
intent or obligation to update publicly any forward-looking information, whether as a result of new
information, future events or results or otherwise, other than as required by applicable securities laws.
 


© 2024 Canjex Publishing Ltd. All rights reserved.