Company incorporates new features and functionality as it continues to progress toward a 2015 product launch
GLASTONBURY, Conn., - (http://www.financialnewsmedia.com News Alert) - CUR Media, Inc. (OTCQB: CURM) ("CUR Media" or the "Company") announced today that it has released the initial Beta version of its CUR Music iPhone App for testing. CUR Music is the Company's next generation social music streaming application expected to launch later this year on mobile and web.
Tom Brophy, Founder and CEO of CUR Media, commented, "We are excited to move into the final testing phase of our CUR Music iPhone App as we are now one step closer toward our goal of a full scale launch in the coming months. We have incorporated a tremendous amount of feedback from our Alpha testers and focus groups into this Beta release, and we are confident this final testing and refinement phase will help place CUR Music on the forefront of the music streaming industry upon its anticipated launch later this year."
About CUR Media
CUR Media is creating a next generation social music experience through the planned launch of CUR Music, a social mobile and web streaming music application that is being designed to enable its users to go beyond the limitations of traditional music streaming services. Upon its release, CUR Music will unlock the true expressive nature of an individual's connection with their music by fostering personalization, sharing and creativity. With CUR Music it's not just about streaming, it's about what the music means to you and how you want to express that to the world. For more information please visit www.curmusic.com
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Forward-looking statements may include, without limitation, statements regarding (i) the plans and objectives of management for future operations, including plans or objectives relating to the development of a commercially viable streaming music product, (ii) a projection of income (including income/loss), earnings (including earnings/loss) per share, capital expenditures, dividends, capital structure or other financial items, (iii) the Company's future financial performance, (iv) the Company's ability to negotiate economically feasible agreements with the major and independent music labels and publisher rights organizations, and (v) the assumptions underlying or relating to any statement described in points (i), (ii), (iii), (iv) and (v) above. Such forward-looking statements are not meant to predict or guarantee actual results, performance, events or circumstances and may not be realized because they are based upon the Company's current projections, plans, objectives, beliefs, expectations, estimates and assumptions and are subject to a number of risks and uncertainties and other influences, many of which the Company has no control over. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Factors that may influence or contribute to the inaccuracy of the forward-looking statements or cause actual results to differ materially from expected or desired results may include, without limitation, the Company's inability to obtain adequate financing, the length of time associated with development of mobile applications and related insufficient cash flows and resulting illiquidity, the Company's inability to expand the Company's business, lack of product diversification, existing or increased competition, results of arbitration and litigation, stock volatility and illiquidity, and the Company's failure to implement the Company's business plans or strategies.
Ascendant Partners, LLC
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SOURCE CUR Media, Inc.
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