2014

Rarus Technologies Inc. Receives Approval from Apple for Zngle's Version 1.1 iPhone App and will release version 1.2 with Video and VoIP Calling in July

HENDERSON, Nev., June 29, 2012 /PRNewswire/ -- Rarus Technologies Inc. (OTCQB: RARS) ("Rarus") announced today its newly enhanced version 1.1 of the Zngle iPhone App is now available at the Apple iTunes Store.

Rarus Technologies' Zngle social media network released its first Zngle iPhone App on June 1st 2012 in the iTunes Store and then moved quickly to produce and submit version 1.1 with added features and improvements. Zngle's development team has continued gathering member feedback and this data has now been incorporated into version 1.2 which includes new and improved features like Video and VoIP calling. These two features will be free for Zngle members and users will also be able to buy the additional required storage for Video and VoIP messages through the iTunes Store.

"We're very pleased to have received great suggestions through feedback from our members and have used their suggestions in the development of Zngle version 1.2 which now includes features such as Video and VoIP calling. These features will be free for Zngle members, however due to bandwidth and addition server requirements, there will be an in-App purchase requirement in order for members to acquire additional message storage. If members redeem proximity coupons they will also receive Zngle credits which they can use to acquire additional features. Due to the complexity of these features, which will set us apart from other social media companies, we have also delayed  development of the Android App. We are planning to resume development of this parallel product once  we receive feedback from beta testers of the Apple version 1.2," stated Mr. Manfred Ruf, CEO of Rarus.

You can follow Zngle business development at www.zngle.com. Be sure to watch our video on the home page and experience the Zngle platform yourself.

About Rarus Technologies Inc. and Zngle, Inc.

Rarus Technologies Inc. was incorporated in 2010 and is an emerging technology company focused on establishing an innovative business model intended to bridge cutting-edge social media and e-commerce into a marketplace that connects friends, family, consumers, and vendors in new and exciting ways. In May, 2012, Rarus Technologies Inc. incorporated Zngle, Inc. as the primary subsidiary and operations base for the Zngle.com licensed internet platform. Zngle.com is designed to be a centralized Internet portal and next-generation social media website that incorporates voice/text messaging, video email, and mobile technologies to allow consumers to access real-time information about various products and services through augmented proximity reality search features.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Certain information contained in this press release, including any information as to our strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements." All statements, other than statements of historical fact, are forward-looking statements. The words "believe," "expect," "will," "anticipate," "contemplate," "target," "plan," "continue," "budget," "may," "intend," "estimate," "project" and similar expressions identify forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to its plans or operations. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

 

SOURCE Rarus Technologies Inc.




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