TagLikeMe Corp. Commences iOS / iPad Development For TagLikeMe.com Social Search And Share Mobile Version

LONDON, Aug. 7, 2012 /PRNewswire/ -- TagLikeMe Corp. ("TagLikeMe" or "the Company") (OTCQB:TAGG) has commenced development of the mobile iOS/iPad App for its social search and sharing site TagLikeMe.com.

TagLikeMe.com is a new, shared social information network that allows individuals or groups to search, tag and share all forms of digital content privately or publicly using cloud based technology. Its next-generation search and share technology has powerful features for collaborating search and sharing all online digital content from a single location.

According to Apple, in just 14 months, it has sold over 25 million iPads. That has brought the total number of iOS devices (iPhone, iPad and iPod Touch) sold to over 200 million since the original iPhone launched in 2007.

"We have commenced our app development for mobile platforms," states Richard Elliot-Square, President and CEO of TagLikeMe Corp. "We are targeting the release of TagLikeMe for iOS/iPad as our first mobile app out of the gate. We recognize that this market represents a tremendous opportunity both to attract new users, and see our technology adopted by heavy users in the mobile community. We will include our best features and optimize the technology to utilize Apple's advanced retina display, among other advances. I believe our users will be thrilled with the new app."

Management expects to launch the new iOS/iPad mobile app version of TagLikeMe in Q4 2012. This application has not yet been approved by iTunes® for sale through its store or system.

About TagLikeMe Corp.

TagLikeMe Corp. owns and operates TagLikeMe.com, an Internet services platform that combines the most commonly used functions of search and social media interaction in one destination. TagLikeMe.com allows individuals to search the Internet by using the top three search engines of Yahoo™, Bing™ and Google™, in addition to viewing related activities from popular social media based sites such as Facebook™, YouTube™, Twitter™ and Wikipedia ™ with regard to their search inquiry. It also gives searchers the opportunity to connect and chat with others worldwide that might be searching similar topics. This adds a much-needed human element to search and online social interaction.

TagLikeMe.com is ideal for any online pedestrian or seasoned researcher that conducts significant search activities for personal or organization based interests.

For more information see www.TagLikeMeCorp.com.

Cautionary Statement Regarding Forward-Looking Information

This press release may contain certain "forward-looking statements" relating to the business of TagLikeMe Corp.. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding the advantages of TagLikeMe's products and services, anticipated advantages resulting from the merger, whether funding anticipated from completing the merger will result,, successful completion and development of the social media component of the business and its market acceptance, the business strategy, plans and objectives of the Company and TagLikeMe Corp.; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects", "intended" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results and ultimate corporate actions could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the perception of investors of the newly merged company and their willingness to fund this newly public company, the demand for a social media site and viability of it for advertising, new products and services developed by other companies, market share garnered by competitors, ability to maintain customer and vendor relationships, and those factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov), among other factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

SOURCE TagLikeMe Corp.