THE WOODLANDS, Texas, March 16, 2011 /PRNewswire/ -- AppTech Corp (Pink Sheets: APCX) is pleased to announce that its wholly owned subsidiary, Oronoco Telecom sales continue to grow and are ahead of projections. For the first fifteen days of March 2011, sales were approximately $75,000.
Daniel Miroli, President of Oronoco stated: "the sales figures for the first half of March actually beat our expectations. Comparing sales for the second week of March 2011 with the second week of February 2011, sales are up approximately 100%." Eric Ottens, AppTech's CEO added: "the fact that we have been able to beat our initial sales projections is a significant achievement. We will continue our aggressive and relentless campaign to grow Oronoco's revenue."
About AppTech Corp
AppTech Corp is developing mobile application market places serving emerging markets in Latin America, Brazil and the USA. AppTech is focused on multi-platform mobile apps designed to run on device operating systems such as Apple's iPhone and Google's Android. In addition, through its wholly owned subsidiary, Oronoco Telecom, AppTech is working on securing agreements with top communication companies in Central America, South America and The Caribbean.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.
SOURCE AppTech Corp