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Micro-Cap in News; Rarus Technologies Inc. (RARS)

By Warren Paige

Rarus Technologies Inc. (PINK: RARS), a technology company, today announced that it made some enhancements to its Zngle iPhone App and submitted version 1.1 of the app to Apple Inc. (NASDAQ: AAPL).

The Zngle.com app was approved recently by Apple and is available for download in iTunes Stores. The company has now submitted version 1.1, which has some additional features. The company is already developing version 1.2 of the app.

Meanwhile, the technology company also said that Zngle expanded its range of potential clients by joining the Android Marketplace. According to data from CNET, Android and iPhone account for 90% of the U.S. smartphone market. RARS said that the Zngle app for Android will have the some functionality and UI design as the Zngle iPhone version 1.2.

Manfred Ruf, CEO of Rarus Technologies, said that RARS technology and applications were built with the intention of being offered on multiple platforms.

 

 

June 7th, 2012 | Tags: , | Category: Hot MicroCaps, Social Media Stocks

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.