Technology Sector Rundown For Advancing Internet Stocks - Company Launches Advanced Mobile App Platform And Expands Global Customers

Thu Mar 20, 2014 9:05am EDT

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Technology Sector Rundown For Advancing Internet Stocks - Company Launches Advanced Mobile App Platform And Expands Global Customers

PR Newswire

CORAL SPRINGS, Florida, March 20, 2014 /PRNewswire/ --

Technology Companies based with Internet - Marketing Operations experience high volume fueled by innovative apps & product development:  Accelerize New Media, Inc. (OTCBB: ACLZ), MeetMe, Inc. (NYSE: MEET), LinkedIn Corporation (NYSE: LNKD) and Zynga, Inc. (NASDAQ: ZNGA)

Accelerize New Media, Inc. (OTCBB: ACLZ) marketing and technology company CAKE announced the release of CAKE Mobile, a tracking and analytics solution for mobile performance campaigns. Packed with advanced features, CAKE Mobile is fully integrated into a multi-channel performance marketing platform that merges attribution analytics from mobile as well as display, retail, lead generation and affiliate channels. By significantly increasing visibility across the entire customer journey, the CAKE enterprise SaaS platform takes marketing intelligence to a new, deeper level that's easily accessible to all marketers.  "Mobile is the fastest growing segment in performance marketing. In fact, U.S. mobile commerce is expected to reach $31 billion by 2016. But make no mistake -- it's not a mobile-only world," said Dave Stewart, EVP of Technology at CAKE. "Treating mobile data as a stand alone silo is like focusing on only one piece of a complex puzzle. Harnessing and combining data that streams in from mobile, as well as other high-value digital channels, provides richer insight, and ultimately allows for well-informed, intelligent decision-making.   To read the entire press release of the new Mobile App, please go to http://finance.yahoo.com/news/cake-unveils-next-evolution-mobile-130000190.html

In addition to the Moble App announcement, Accelerize New Media's marketing company, CAKE, also announced the expansion of its global customers to include India-based digital marketing companies - ibibo Group, Pointific and TrooTrac. The three organizations have deployed the CAKE enterprise platform to provide end-to-end campaign tracking, reporting and analysis for their publishers, advertisers and affiliates. Additionally, CAKE will be exhibiting at ad:tech New Delhi (booth #41), which takes place March 19-21.  "With ongoing success in the United States and abroad, CAKE will continue on our global growth track. Our teaming with ibibo Group, Pointific and TrooTrac establishes our footprint in the massive Indian market, where the opportunity for online advertising is immense," said Mitch Gordon, VP of Sales at CAKE. "Our multi-channel performance marketing platform allows our customers to merge attribution analytics from display, mobile, retail, lead generation and affiliate channels, significantly increasing visibility across the entire customer journey allowing them to measurably improve and optimize digital spend."   To read the entire press release for Accerlerize New Media breaking news for CAKE developments, please go to http://www.fnmprofiles.com/profiles-aclz.html

On March 17, 2014, Accelerize New Media, Inc. (the "Company") entered into a loan and security agreement with Square 1 Bank to borrow up to a maximum of $3,000,000 at the Company's discretion.  See the details filed in a 8-K by ACLZ by going to: http://www.sec.gov/Archives/edgar/data/1352952/000143774914004609/aclz20140318_8k.htm

MeetMe, Inc. (NYSE: MEET) the public market leader in social discovery, reported financial results for the fourth quarter and full year ended December 31, 2013. Fourth Quarter 2013 Financial Highlights: Mobile average revenue per user (ARPU) exceeded web ARPU for the first time in Company history. In line with recently upwardly revised expectations, total revenue was $13.0 million, a 12% increase from the fourth quarter of 2012. Mobile revenue was up 128% from the year ago quarter to a record $5.1 million, driven primarily by a significant increase in mobile advertising. Mobile represented nearly 40% of total MeetMe fourth quarter revenue, the highest proportion in Company history. Adjusted EBITDA increased to $2.4 million, or 18.5% of total revenues, up from $977,000 in the fourth quarter of 2012. Net income for the quarter was $15,290.  Read the full report at http://finance.yahoo.com/news/meetme-reports-fourth-quarter-full-130000484.html

LinkedIn Corporation (NYSE: LNKD) operates an online professional network. The company, through its proprietary platform, allows members to create, manage, and share their professional identity online; build and engage with their professional networks; access shared knowledge and insights; and find business opportunities.  Further, it offers LinkedIn Ads, a self-service platform that enable advertisers to build and target their advertisement to its members; Enterprise, a marketing solution to target larger advertisers that receive dedicated account management and additional marketing solutions; and Sponsored Updates that enable advertisers to share and amplify content marketing messages.   On Wednesday, LNKD closed up 2.07 percent on over 2.3 million shares traded.  

In a recent article on MotleyFool.com, Tim Beyers pointed out that Zynga (NASDAQ: ZNGA) intentions to reduce its dependence on Facebook (NASDAQ: FB) are taking hold, but not at the rate some investors might hope, Fool contributor Tim Beyers explains.  According to its latest 10-K filing, Zynga derived 69% of bookings and 75% of revenue from Facebook in 2013. Huge numbers, to be sure, but also down from 2012, when Zynga counted on the social network for 81% of bookings and 86% of revenue.  Read Tim's full article at http://www.fool.com/investing/general/2014/03/17/at-zynga-inc-facebook-still-controls-the-future.aspx   On Wednesday, ZYNGA closed down 3.93 percent on over 35.9 million shares traded.

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