Paltalk Adds Game Lobbies for Its Backgammon and Chess Games
05 Enero 2023 - 7:30AM
via NewMediaWire –
Paltalk, Inc. (“Paltalk,” the “Company,”
“we,” “our” or “us”) (Nasdaq: PALT), a communications software
innovator that powers multimedia social applications, is pleased to
announce the availability of lobbies for its games, including
backgammon and chess, which are now available on both Apple iOS and
Google Play. The game lobbies enable the matching of players with
others who want to play. Additionally, hands free audio and video
capability will make the experience feel much more in person.
Jason Katz, Chairman and CEO of Paltalk, commented, “We believe
the addition of game lobbies which enable queuing capability for
our games will lead to an increase in usage and engagement. Our
users no longer need to know another member in order to play
against someone, as they can now join a queue to be matched with
another member looking to play a game. We expect this added
functionality to make it easier for our users to engage in our
games and spend more time within our community. We look forward to
adding additional games over the course of 2023.”
ABOUT PALTALK, INC. (Nasdaq: PALT)
Paltalk, Inc. is a communications software innovator that powers
multimedia social applications. Our product portfolio includes
Paltalk and Camfrog, which together host one of the world’s largest
collections of video-based communities. Our other products include
ManyCam, Tinychat and Vumber. The Company has an over 20-year
history of technology innovation and holds 14 patents. For more
information, please visit: www.paltalk.com.
To be added to our news distribution list, please visit:
http://www.paltalk.com/investor-alerts/.
FORWARD-LOOKING STATEMENTS:
This press release contains "forward-looking statements." Such
statements may be preceded by the words "intends," "may," "will,"
"plans," "expects," "anticipates," "projects," "predicts,"
"estimates," "aims," "believes," "hopes," "potential," or similar
words. Forward-looking statements are not guarantees of
future performance, are based on certain assumptions and are
subject to various known and unknown risks and uncertainties, many
of which are beyond the Company's control, and cannot be predicted
or quantified and consequently, actual results may differ
materially from those expressed or implied by such forward-looking
statements. Such risks and uncertainties include, without
limitation, the anticipated impact of the ManyCam acquisition on
our business and future financial and operating results; the
Company’s ability to improve, market and promote the ManyCam
software; the willingness of new and existing users to pay for the
ManyCam software; our availability to consummate favorable
acquisitions and integrate any companies or properties we acquire;
the amount and timing of stock repurchases, if any, under the
Company’s stock repurchase plan and our ability to enhance
stockholder value through such plan; the Company’s ability to
retain the listing of its common stock on The Nasdaq Capital
Market; the impact of the COVID-19 pandemic on our results of
operations and our business; our ability to effectively market and
generate revenue from our applications; our ability to release new
applications or improve upon or add features to existing
applications on schedule or at all; risks and uncertainties related
to our increasing focus on the use of new and novel technologies to
enhance our applications, and our ability to timely complete
development of applications using new technologies; our ability to
effectively secure new software development and licensing
customers; our ability to protect our intellectual property
rights; the use of the internet and privacy and protection of
user data; risks related to our holdings of digital tokens,
including risks related to the volatility of the trading price of
digital tokens and our ability to convert digital tokens into fiat
currency; and our ability to manage our partnerships and strategic
alliances. More detailed information about the Company and the risk
factors that may affect the realization of forward-looking
statements is set forth in the Company's filings with the
Securities and Exchange Commission ("SEC"), including the Company's
most recent Annual Report on Form 10-K and Quarterly Reports on
Form 10-Q. Investors and security holders are urged to read these
documents free of charge on the SEC's website at www.sec.gov.
All forward-looking statements speak only as of the date on
which they are made. The Company undertakes no obligation to update
any forward-looking statement or statements to reflect events or
circumstances after the date on which such statement was made,
except to the extent required by applicable securities laws.
Investor
Contacts:IR@paltalk.comClearThinknyc@clearthink.capital917-658-7878
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