Proximity-based Media Sharing App LoKast Named #2 Most Recommended App According to March 2010 Chorus Report

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NearVerse app, wildly popular among Chorus users, enters into new agreement with GiantStep for free track downloads

NearVerse, a wireless networking company and developer, today announced that its free music and media sharing app LoKast is a viral hit with consumers, becoming the second most recommended app within the Chorus community.

The data for Chorus was compiled from tens of thousands of user interactions and download attempts from live apps within the iTunes Store during the month of March. The Chorus community, which is built around shared interests, consists of more than one hundred thousand users who are actively engaged in making app recommendations that aid their friends in the app discovery process.

Top 10 Most Recommended Apps Among Chorus Users for March 2010:
Rank    Change    App Name    Price
1    Debut    FastMall - Shopping Malls, Community & Interactive Free
2    Debut    LoKast Free
3    Debut    Skee-Ball $0.99
4    Debut    5-0 Radio (Police, EMS, Firefighter Scanner) Free
5    Debut    TWiT Free
6    Debut    Evil Overlord Free
7    Debut    Angry Birds $0.99
8    Debut    pic2shop - Shop by Barcode Free
9    Debut    Pocket God $0.99
10    Debut    NBA Live by EA Sports $6.99

LoKast is the first mobile app that allows you to share music and media with people within 300 feet, building a disposable social network: It's the Chat Roulette of music apps. In addition to making the Chorus top 10 list, LoKast recently partnered with GiantStep, a New York-based lifestyle marketing company, to provide a free, curated playlist from many of GiantStep’s classic urban tracks.

Music represented under GiantStep agreement include artists such as Balún, DJ Sun, Mark Farina, Salvator Santana, Scott Hardkiss, Soulstice, and The Pimps of Joytime. Beyond music, pictures and videos are also accessible and shareable through the LoKast app, which is usable on 3G, 3GS, Bluetooth and WiFi. To grab the app and the tracks, you can download for free here: http://www.giantstep.net/lokast

About NearVerse:
NearVerse is a venture-backed, wireless IP networking company, improving the quality of mobile Internet experiences by unifying short-range wireless and carrier networks into an optimized system. NearVerse's technology platform accelerates mobile Internet speeds, demonstrating data transfer and content delivery rates that are 5-10X faster than those of 3G networks.

NearVerse's first application, LokastTM, offers users a rich and dynamic proximity based experience within 300 feet of other users, powered by NearVerse's high-speed networking technology. NearVerse uses a highly distributed, software-centric network approach and has received significant interest from consumers in its first application and from carriers, OEMs, and app providers in its CDN-like performance service offer.

For more information please contact:
Vijay Chattha / AppLaunchPR for NearVerse
vijay (at) vscconsulting (dot) com / 415-305-6041

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VIJAY CHATTHA
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