FT. LAUDERDALE, FL — (Marketwired) — 12/22/14 — FONU2, Inc. (OTCQB: FONU) (OTCBB: FONU) announced today that it has initiated a number of projects to enhance and reintroduce its Platform. These initiatives in its Social Commerce business unit are expected to result in a rapid growth of revenues and profits for Fonu2.ue
The Company is focusing on streamlining of its listing process, improving security and implementing a number of functionality improvements on its social commerce web-site, Once this phase is completed, focus will immediately shift to launching a mobile application.
Fonu2, as a result of the recent acquisition of Studioplex City, has prioritized its development and completion of a multi-media Content Delivery Network (CDN) to support the entertainment side of the business.
In addition to organic growth, Fonu2 is actively reviewing a number of potential e-commerce acquisition opportunities that can utilize and integrate the social commerce platform to drive additional growth.
Roger Miguel, Chief Executive Officer of FONU2, commented, “We are seeing renewed interest in our Social Commerce Business, and are currently in discussions with business partners who believe our social commerce will enable them to more effectively achieve their marketing objectives. We believe the combination of organic growth and targeted e-commerce acquisitions will facilitate the rapid expansion of our Company.”
FONU2 is a film production and social commerce company that is developing a precision sales and marketing platform that integrates into the social media networks. Functioning like an order reservations and booking system, the FONU2 platform offers members list, buy, sell, and trade services locally in any neighborhood and anywhere in the world. For additional information, visit our website, . You can also follow us on our social network, , and .
Safe Harbor Statement
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor”for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned or required capital expenditures, future funding sources, anticipated sales growth, and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by, or on behalf of, the company. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, and other risks and uncertainties described in the Company–s periodic filings with the Securities and Exchange Commission.
Corporate Relations
Daniel Wong
Maximum Performance Advisors
858.381.4677
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