MMAX Media, Inc. Announces Approval of Update to Its PayMeOn™ iPhone® Mobile Application

Oct 14, 2011, 11:17 ET from MMAX Media, Inc.

FORT LAUDERDALE, Fla., Oct. 14, 2011 /PRNewswire/ -- MMAX Media, Inc. (otcbb:MMAX) (otcqb: MMAX) announced today that the update to its PayMeOn™ mobile application has been approved and is now available free on iTunes® at the AppStore.  The PayMeOn application allows users to share their favorite local deals and earn Social Income™.  Every time PayMeOn users earn Social Income by sharing deals, the application notifies them by a ringing cash register sound and display of the amount of money they've earned.  Users can collect their Social Income in cash either by PayPal® or by check.  The PayMeOn application is currently rated 4+ stars.

Through its principal offering, PayMeOn, MMAX Media is pioneering the monetization of social networks.  PayMeOn has trademarked the term "Social Income" and believes that the sharing of local deals is the beginning of a greater trend towards people earning cash from their vast connections to friends and colleagues across their various social networks.

Learn more about PayMeOn here:  http://www.youtube.com/watch?v=5WkUuO5SW_c

MMAX Media, Inc. and PayMeOn are not affiliated with PayPal®, Apple®, iTunes® or the iPhone®.  All Apple® trademarks are the property of Apple® and MMAX Media, Inc. and PayMeOn do not in any way claim to represent or own any of the Apple® trademarks or rights.  Apple® does not own, endorse or promote any MMAX Media, Inc. or PayMeOn products or services.

Forward-Looking Statements

The statements in this press release that relate to the Company's future expectations are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. We assume no obligation to publicly update or revise any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release, even if new information becomes available in the future. Additional information on risks and other factors that may affect the business and financial results of MMAX Media, Inc. can be found in the filings of MMAX Media, Inc. with the U.S. Securities and Exchange Commission.

Contact:
MMAX Media, Inc.
Investor Relations:
1-800-991-4534, ext 101

SOURCE MMAX Media, Inc.