By our launch, I believe we will be one of the first publicly traded and possibly the only pure play online social network in North America.
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Delray Beach, FL (PRWEB) January 3, 2007
Publicly traded MedStrong International announces plans to launch an online social networking community with the adoption of a Web 2.0 business platform.
The term Web 2.0 refers to the advancement of the Internet from a collection of individual websites to fully-integrated computing platforms serving web applications to end users. In the past few years, Web 2.0 has evolved the worldwide web from disparate information silos into more interactive, user-friendly and often user-generated content.
Wikipedia defines Web 2.0 as "A social phenomenon embracing an approach to generating and distributing Web content itself, characterized by open communication, decentralization of authority, freedom to share and re-use, and the market as a conversation." Social community websites, such as myspace.com, Facebook.com and YouTube.com are among the most popular Web 2.0 companies.
Online social networks enable people to instantly connect with other people worldwide and share thoughts, photographs, music and videos. Users can create their own personal profiles to communicate opinions, and share hobbies, interests and links to other sites or people and much more.
"With this move, MedStrong International solidifies its commitment and focus on creating a vibrant and innovative new enterprise in online social networking," said newly appointed MedStrong President and Chairman Gary Schultheis. "By our launch, I believe we will be one of the first publicly traded and possibly the only pure play online social network in North America."
MedStrong shareholders can expect forthcoming announcements regarding a new board of directors and executive team.
About MedStrong International
MedStrong International Corporation is a publicly traded development stage company in the state of Delaware and operates under the stock ticker symbols MDSI / MDSIW. MedStrong is headquartered in Delray Beach, Florida, recently named a 2006 Top Ten Digital City by the Center for Digital Government, which recognizes the most technology-advanced cities in America.
Safe Harbor Act Disclaimer: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, the independent authority of the special committee to act on the matters discussed, the successful negotiation of the potential acquisition and disposal of transactions described above, successful implementation of the company's business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent Form 10-QSB and Form 10-KSB filings with the Securities and Exchange Commission.