AP NEWS

Ludlow Research Updates Opinion on SWRM Based on Launched Applications, and Deep Sky Mobile Project

October 5, 2018

TULSA, OK, Oct. 05, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- AppSwarm, Inc. (OTC PINK: SWRM ) announces an updated report on the company now available for download.

Report Highlights

-- LastMile Delivery Tracking App Launched -- Last Mile Cannabis Delivery Platform -- SingleCoin Digital Wallet Launched and TV Ad Campaign -- Mobile Phone Carrier and 5G Cloud Development Projects

Summary

AppSwarm has now launched both their SingleCoin digital wallet and LastMile Delivery Platform, in partnership with SinglePoint (SING). Both SinglePoint and AppSwarm are 50/50 partners on these applications, with AppSwarm holding the exclusive rights to the underlying technology behind these projects.

AppSwarm is also working on developing its own potential mobile carrier service called Deep Sky Mobile. Deep Sky Mobile will offer mobile carrier service for customers very much like the mobile services you may use now to include Phone, Text, and Data.

Their mobile enterprise division would be focused on more advanced mobile solutions. https://deepskymobile.com/

For these reasons, Ludlow Research has adjusted its valuation target on SWRM to $0.07 to $0.10 per share, based on roughly 150 million shares outstanding, or a ’speculative’ market valuation projection of $10 million.

To download the full report, risks, and disclosures on this company please visit https://ludlowresearch.com/reports

About APPSWARM:

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.

For more information, visit us at www.app-swarm.com, or follow us on www.facebook.com/AppSwarm or Twitter https://twitter.com/AppSwarm

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 OTCMarkets.com 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.

Investor and Media Contacts: AppSwarm, Inc. 888-886-8583 info@app-swarm.com

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