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EXHIBIT 99
30DC'S MAGCAST PUBLISHING PLATFORM ANNOUNCES ONE MILLIONTH APP DOWNLOAD ONE YEAR
FOLLOWING LAUNCH
First Mover in Growing Market for Niche Content On Mobile Devices
New York, NY, July 1, 2013, 30DC, Inc. (OTC: TDCH), a provider of web-based
tools for the monetization of digital content, today announced that total App
downloads for publications created using the MagCast digital publishing platform
have passed the one million mark. The total number of individual issues of
newspapers and magazines downloaded is significantly higher given that some of
the initial magazines published in conjunction with the launch of MagCast just
12 months ago have published ten or more issues.
30DC management believes that one million App downloads is a significant
milestone since almost all MagCast publications were created from scratch, not
digital replicas of established print publications with name recognition and a
natural, built-in native audience. This clearly indicates that 30DC's MagCast
network is quickly becoming one of the world's top networks for startup
independent digital publications. Currently, there are approximately 400
available MagCast publication Apps, in a wide variety of niches, and as MagCast
continues to expand its market there are additional Apps coming online on a
regular basis.
To date, 30DC has chosen a limited launch and has primarily focused on product
adaptation and uptake, working with its user base of MagCast licensees to set up
their digital publication businesses. As MagCast enters its second year, 30DC
management is now focused on fulfilling MagCast's promise as a widely adopted
communication technology by dramatically ramping up its user base and expanding
its use into other markets like blogging.
According to a recent study by technology information provider IDC, the
worldwide smart connected device market is predicted to "surge" with projected
growth rates of 175% and 110% for tablets and smartphones respectively (from
2012 to 2017). A consequence to growth in devices is a burgeoning, parallel
demand by consumers for content. 30DC's Chairman Dr. Henry Pinskier commented,
"the time is right for self-publishers and independent content creators
worldwide who want to distribute their content on mobile devices, and capitalize
on being directly involved in the early stages of the mobile revolution".
MagCast is a complete from A to Z business system, including everything needed
for making money selling content and successfully setting up a mobile business,
and was created by marketers for marketers. MagCast also has the most
competitive pricing of all the major platforms focused on Apple Newsstand, where
currently 95% of digital media subscriptions occur. This is a direct result of
almost 600 million iOS users with credit cards on file available to make
purchases in two seconds or less. MagCast charges a low all-inclusive monthly
fee of $297 per month, and does not charge additional distribution service fees
for each individual publication download. MagCast does not require a large staff
or additional costs and fees to create and distribute a typical MagCast
publication.
30DC management believes the combination of three factors gives MagCast the
potential to break out as a widely adopted, next generation communication
service; the industry's most competitive pricing, the company's experience in
training over 200,000 people through its "Challenge" division, and via MagCast
having now successfully replicated its program for mobile (including how to
successfully set up a revenue producing business selling content on mobile
devices).
Dr. Pinskier commented further, "We see MagCast as a revolutionary
communications tool almost like a next generation blog tool. We have first mover
opportunity with respect to using our platform for this purpose and our
potential target audience is in the tens of millions of customers. In many ways,
we are the digital publishing platform for the masses. Every entrepreneur,
blogger, aspiring writer, website owner, and content creator is now a potential
customer."
ABOUT 30DC, INC
30DC provides web-based tools for the monetization of digital content. For
addition information on 30DC, please download a corporate fact sheet.
This press release contains "forward-looking statements" within the meaning of
various provisions of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, commonly identified by such terms as "believes,"
"looking ahead," "anticipates," "estimates" and other terms with similar
meaning. Specifically, statements about the Company's plans for accelerated
growth, improved profitability, future business partners, M&A activity, new
service offerings and pursuit of new markets are forward looking statements.
Although the company believes that the assumptions upon which its
forward-looking statements are based are reasonable, it can give no assurance
that these assumptions will prove to be correct. Such forward-looking statements
should not be construed as fact. The information contained in such statements is
beyond the ability of the Company to control, and in many cases the Company
cannot predict what factors would cause results to differ materially from those
indicated in such statements. All forward-looking statements in the press
release are expressly qualified by these cautionary statements and by reference
to the underlying assumptions.
For additional: Ted Greenberg CFO 30DC, Inc.
Phone: 212-962-4400 Ext 83,
E-mail: ted.greenberg@30dcinc.com or
visit http://www.30dcinc.com
Source: 30DC, Inc
