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FRANKFURT, GERMANY --(Marketwired - March 09, 2016) - Broke Out, Inc. (OTC PINK: BRKO) today announced that it has acquired the highly popular Secret Menu for Starbucks™ iOS app. This profitable app currently generates stable revenues and sells for 99 cents. Users love the app and have rated it positively with an average of 4.5 out of 5 stars. Its growth is currently organic and users usually find it by searching for Starbucks™ apps.
"Our latest acquisition from AppVizzle is a very popular app that has been featured in Time Magazine, Parents Magazine as well as CNET and several other news outlets. We will be developing new features and updates for it to maximize its potential and increase its revenues," stated Mr. Kuan, CEO of Broke Out, Inc.
In addition to this acquisition, Mr. Henry D'Andrea, owner of AppVizzle, will join the board of directors of Broke Out, Inc.
"We welcome the opportunity to add a valuable member to our board. Mr. D'Andrea is a highly skilled, experienced and innovative app developer and his expertise is very welcome," added Mr. Kuan.
About Secret Menu for Starbucks™
Originally developed by AppVizzle, the app contains over 200 custom "secret" Starbucks drink combinations, Secret Menu for Starbucks™ will make you want to open the app constantly to discover new tasty drinks for try at your local Starbucks location.
Examples of tasty drinks include the Twix, Cotton Candy, or Butterbeer Frappuccino or even the Starburst Refresher! Plus so many more!
Users can submit drink recipes that are not already featured in the App and get their drink named after them!
About Broke Out, Inc.
Broke Out, Inc. is a German-based developer, publisher and marketer of mobile apps. The Company offers apps to a cross section of users of smartphones and tablet devices who download and make purchases through direct-to-consumer digital storefronts, such as the Apple App Store, Google Play Store, among others. It owns over 30 paid and free apps at the moment with a focus on Europe and the USA. Information about the company and its services is available at www.BrokeOutApps.com
Notes about Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Annual Report filing and other filings with the OTC Markets Group (available at www.otcmarkets.com). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.