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CORRECTING and REPLACING Digital Apps Get Smarter and Richer On appbackr With Debut Of New LSATMax App

2011-06-28

Students Participate in Crowdfunding and can Make Money while Getting Ahead of the Class
CORRECTION...by LMGPR

SAN FRANCISCO-In the second graph, the quote should be attributed to Mehran Ebadolahi (sted Mehran Obdelahi).

The corrected release reads:

DIGITAL APPS GET SMARTER AND RICHER ON APPBACKR WITH DEBUT OF NEW LSATMAX APP

Students Participate in Crowdfunding and can Make Money while Getting Ahead of the Class

appbackr Inc, the first wholesale marketplace for iOS and Android apps, has partnered with TestMax, creators of the hit iPhone and iPad-based bar exam preparation app, BarMax, to pre-release LSATMax in their wholesale digital marketplace. LSATMax is designed to help prospective law school students to study for the LSAT law school admission test using their iPhone or iPad. Under this partnership, students and wholesale buyers can purchase LSATMax at a 40% discounted rate and can make a profit when they assist in the discovery and distribution of the app, such as when copies of the app sell on the lucrative Apple app store.

“LSATMax is the most comprehensive test prep available and further builds on the success of our BarMax app,” said Mehran Ebadolahi, COO of TestMax. “By joining forces with appbackr we aim to make LSATMax easily available for pre-law students, so they can be well-prepared for their upcoming exams and make a profit as well.”

“As apps, such as LSATMax, continue to mature in both functionality and form, it important that developers have a place that assists in getting these apps increased exposure as well as help them generate profit,” said Trevor Cornwell, CEO of appbackr. “We are very excited with the possibilities and rewards this partnership will develop for both developers and purchasers of these apps.”

LSATMax will be available to purchase for the discounted price in the appbackr marketplace with the opportunity to make a 27 percent return once it attains popularity on the Apple App Store. For more information on LSATMax and learn how to make additional profit from purchasing this app, go to www.appbackr.com.

About appbackr Inc.

appbackr is the world’s first wholesale digital funding and distribution platform. As a vital link in the technology value chain, appbackr creates sales and profitability opportunities for developers and Fortune 1000 companies through crowd funding, social distribution, unique distribution and predictive analytics which identify compelling up-and-coming apps.

Winner of the PayPal X Developer Challenge and SVASE/Cambridge West Ventures Seed Fund Award, the company was also selected by AlwaysOn as an OnMobile Top 100 Winner.

The company is headquartered in Palo Alto, Calif., and is backed by Cambridge West Ventures and the Hall Financial Group.

www.appbackr.com Twitter: @appbackr Facebook: http://www.facebook.com/appbackr
Contacts

LMGPR (for appbackr)
Donna Michaels, 408-738-9142
donna@lmgpr.com

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