AppSwarm Provides Update on Sports Betting App, Exploration into Cloud

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TULSA, Okla., June 20, 2018 (GLOBE NEWSWIRE) — AppSwarm, Inc. (OTC Pink: SWRM), a technology company specializing in the accelerated development and publishing of mobile apps, provides an update on its sports betting app “The Mad Gambler,” and development team build out.

The Company is pleased to announce that the development of our sports betting app “The Mad Gambler” is moving forward ahead of schedule, and is expected to be released sometime in mid to late July 2018.

The Mad Gambler sports betting social app will offer a platform for sports fans to interact and discuss upcoming games, who they like based on points, and real-time discussions during games.

Features being built include up to the minute sports scores, betting odds on particular games, and community chats with usernames, so fans can discuss pending games, or interact live as a second screen feature during games.

The app’s V.I.P. member section will offer exclusive analysis, picks for upcoming games, outlooks for the best bets that week, game projections, and the ability for users to build their own following based on their picks, and betting history as well as additional rich content for increased user engagement content.

Strategic Partnership

After launch, the company will look to form a strategic relationship with a larger licensed gaming company, or partner to help market The Mad Gambler product to a larger audience. Our belief is to build the infrastructure and support for the application, and then partner with a larger player in the betting sector to take the product and brand it to its full potential.

Development Team and Cloud Exploration

The Company is in the process of putting together its own in-house development team to assist in cutting build-out costs and increase turnaround times for apps to market. We are putting together a team of developers at our Tulsa, OK office that are proficient in applications such as Swift, Python, Amazon Web Services (AWS), and API configuration.

Located in downtown Tulsa, Oklahoma, the company has already established a professional office where we plan to bring together developers in the city’s emerging tech hub. The Company will look to tap into the resources of nearby Tulsa University to bring in skilled talent, and possibly collaborate on projects, in hopes of building one of the top development teams in the city of Tulsa.

Through our current partnerships, we have also begun the exploration into the areas of Artificial Intelligence and cloud computing. As mobile apps become more complex with the launch of next-generation intelligent phones, we are looking towards partnerships in building out our own cloud platform to cater to these specialized applications.

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AppSwarm is a technology company specializing in the accelerated development and publishing of mobile apps and other software platforms for gaming and business applications and seeks to acquire symmetric business opportunities. AppSwarm partners with and assists other development firms in technology development, business management, and funding needs.

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Forward-Looking Statements:

“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements that are subject to risk and uncertainties including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in the Company’s filings with and as required to the Securities and Exchange Commission. These risks could cause SWRM’s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.