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Ann: Market Update - Wangle Technologies, page-3

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    Results of the beta testing demonstrated a stable network, capable of optimising data
    across key web platforms, with performance increases of up to 57%. Initial feedback
    from users has shown high retention and high engagement, and includes consolidated
    reporting of noticeable improvements in speed and data usage during their online
    activities. Market research has suggested proposed customers would be willing to pay
    either a monthly or yearly subscription for the service.


    As a result of the testing, a number of key enhancements have been implemented,
    including improved battery usage, particularly on older devices, and additional
    technology to improve user experience on networks which were previously resistive to
    the technology.

    Wangle will now progress to Phase One of its monetisation plan utilising Equinix’s global
    network. Targeted at 12,000 paying subscribers.
    Wangle will be launched across
    Android and iOS and will include Australia and New Zealand. A full acquisition strategy
    has been implemented utilizing global advertising network partnerships including
    Degordian to reduce the cost per install (CPI) with the Company’s focus on immediate
    monetization and maximising a return on investment (ROI) and an increase (LTVC)
    lifetime value of the customer.
    Last edited by Midnight26: 26/02/16
 
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