|By Business Wire||
|August 15, 2013 09:30 AM EDT||
One of the leading networks of forum communities on the Internet, CrowdGather, Inc. (OTCQB:CRWG), today announced the launch of the newly upgraded free forum hosting platform, Lefora.com. CrowdGather had originally acquired Lefora and related technical assets in an all stock transaction during July, 2010.
The upgraded and improved Lefora homepage includes a modern and minimalist user interface, along with many new features that were requested by both administrators and users of this free forum hosting software. Just a few of the new features include: a custom mobile app, chat rooms, featured topics, polls, and also forum administrator tools such as robust member moderation and post management, detailed security logs, profanity filters and many other items. Most of these features are available immediately to any new Lefora community, and over the coming weeks, the Company will work closely with existing Lefora forums to ensure the upgrade process runs smoothly, with minimal or no interruption to users.
“We are pleased to improve the Lefora experience for current and future members,” said Sanjay Sabnani, CrowdGather’s Chairman and CEO. “We are also working diligently on upgrading some of our other large properties in an effort to improve the forum community experience, and to provide the potential for additional monetization opportunities. Additionally, as we have previously noted, we are also focused on accommodating our increasing mobile traffic across our network through the development of both custom apps and mobile web apps. Over the coming months, we expect to deploy upgraded forum properties and mobile apps, and anticipate that both will provide opportunities for further monetization.”
About CrowdGather, Inc.
With its growing portfolio of special interest forums and enthusiast message board communities, CrowdGather (www.crowdgather.com) has created a centralized network to benefit forum members, forum owners, and forum advertisers. CrowdGather provides a highly interactive and informational social network for members, a management and revenue-sharing resource for third-party forum owners, and a largely untapped advertising network for marketers worldwide.
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company’s growth and business strategy. Words such as “expects,” “will,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates,” and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company’s business; general economic, industry and market sector conditions; the ability to generate increases revenues from the Company’s forums; the ability to obtain additional financing to implement the Company’s long-term growth strategy; the ability to manage the Company’s growth; the ability to develop and market new technologies to respond to rapid technological changes; competitive factors in the market(s) in which the Company operates; and other events, factors and risks disclosed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.