Top-Paid FLASHLIGHT App Goes to the Highest Bidder on Apptopia for $1 Million

PHOENIX, Sept. 10, 2012 /PRNewswire/ -- i4Software, developer of the best-selling FLASHLIGHT app for iPhone has listed the application on Apptopia to be auctioned off to the highest bidder at the starting price of one-million dollars. Apptopia is the marketplace for brokering mobile app acquisitions (think Instagram or SocialCam).

Forbes Magazine Online reported yesterday on www.forbes.com that FLASHLIGHT sets a new record high on Apptopia. To date, apps on Apptopia have been sold for anywhere from $500 to $150,000, but the highest ever listed for sale is the FLASHLIGHT app at its starting price of $1 million. 

Michael Zaletel, i4Software Founder, and Jonathan Kay, Apptopia Founder, anticipate significant interest from big brands and investment groups to bid on the application that has already sold over 1.4 million copies at 99-cents.

FLASHLIGHT has generated $1,400 a day since its launch in 2010, but Zaletel would prefer to take the money from auction proceeds to help fund his company's latest project, the revolutionary VIDEO CAMERA app that won Best of Show at Macworld 2012. He is offering to sell FLASHLIGHT'S trademarked design, source code, IP, customer list, data, revenue and sterling reputation to the highest bidder.

Zaletel believes that big brand companies must invest in mobile device technologies and content that is replacing their old products. He is probably right with over 250 million iPhones sold over the last five years, and 1.4 million of them with his $0.99 i4Software FLASHLIGHT app.

A favorite in Apple's iTunes Store™, FLASHLIGHT'S popularity is due to its speed and simplicity. No loading delays, no intrusive banner ads filling the screen and no wacky strobe lights - just intense light immediately upon launch.

FLASHLIGHT is more than an application for iPhones; it has actually saved people's lives during earthquakes, floods, and hurricanes and in life-threatening situations by being the only light source readily available for people to find their way to safety. In fact, among the 20,000+ 5-Star Reviews for FLASHLIGHT, literally hundreds of reviewers have reported lives being saved because of the App.

Apptopia is growing quickly on the 15% commission it earns on each transaction, including Zaletel's potential $1 million deal. Buying FLASHLIGHT would be less like eBay and more like buying a successful business. Like the Energizer Bunny™, sales of FLASHLIGHT just keep on going. Zaletel expects sales to reach 10,000 per day upon the launch of the rumored iPhone 5.  

About i4Software®

Established in 2001 the company focuses on the development of simple, yet powerful applications. i4Software® markets its successful applications and games worldwide. For more information about i4Software® visit www.i4software.com.    

About Apptopia

Apptopia is the marketplace for brokering mobile app acquisitions. They are the first real exit strategy for app developers worldwide. On Apptopia developers are selling their code, ownership, users, revenues, IP, etc. For more information about Apptopia® visit http://apptopia.com.

Contact: Greg Salwitz
VP of Biz Dev, Apptopia
[email protected]
855-Apptopia ext 710

This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com.

SOURCE i4Software