TULSA, OK--(Marketwired - Mar 22, 2017) - AppSwarm, Corp (OTC PINK: SWRM), a company that focuses on the acquisition and
development of application-based technologies, has announced the launch of its in-house developed ecommerce website, Urban Bamboo
Designs (www.urbanbamboodesigns.com).
Ronald Brewer, CEO of AppSwarm, Corp stated, "We are excited to see the launch of our first ecommerce site. This site was
developed in-house and is already producing revenue. We are pleased to say we will be announcing more sites soon. Some of these
sites are acquisitions of well established companies and some we will develop in-house within sectors that we believe to have
great revenue potential."
As mentioned before, US e-commerce sales are at a current level of only 8.40% of retail sales, up from 8.10% last quarter.
AppSwarm management sees an opportunity to apply its current business model to this burgeoning sector.
Reports indicate that in coming years, online sales will increase exponentially as users become more familiar and comfortable
shopping from their smartphones. American online sales are slated to reach $523 billion by 2022, up 56% from $335 billion in
2015.
Mobile devices are expected to be a key driver in this growth. With smartphone models becoming larger, and wireless networks
becoming faster, Forrester Research Inc. projects that online sales will grow by an average annual rate of 9.32%, amounting to an
additional 26 million online retail shoppers by 2020. This equates to over 270 million online shoppers.
Why bamboo?
- Bamboo is the fastest growing plant on this planet. It has been recorded growing at an amazing 47.6 inches in a 24-hour
period.
- Bamboo is a crucial element in the balance of oxygen and carbon dioxide in the atmosphere. A grove of bamboo release 35%
more oxygen than an equivalent stand of trees. Because of this, planting bamboo is a great way to reduce your carbon footprint
and help fight global warming.
- Bamboo is a viable replacement for wood. It can be harvested in 3-5 years versus 10-20 for most softwoods. It can outyield
pine 6 to 1 in biomass production. It is also one of the strongest building materials with a tensile strength of 28,000 psi. To
help give you an idea how much this is, mild steel measures 23,000 psi.
- It is a great soil conservation tool. It greatly reduces erosion with a sum of stem flow rate and canopy intercept of 25%.
This dramatically reduces rain run-off, preventing massive soil erosion and making it very earth friendly.
- Bamboo can be eaten (new shoots), made into fiber for clothing, it can be used in concrete reinforcement, in can provide
great livestock feed with the foliage being up to 22% protein, it can be machined into numerous forms of lumber, etc.
- Bamboo can also tolerate extreme conditions that most plants cannot. It was actually the first plant to re-green after the
atomic blast in Hiroshima in 1945.
About AppSwarm
AppSwarm, Inc. is a technology development and incubation company focused in accelerating the development of mobile
applications and technology, fast-tracking product to market. AppSwarm partners with application developers through joint
ventures, royalty agreements, marketing partnerships, and outright purchase agreements.
For more information, visit us at www.app-swarm.com, or follow us on
Facebook https://www.facebook.com/AppSwarm or Twitter https://twitter.com/appswarm
DISCLOSURES: "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.