AppLabs: Applabs Technologies launches new mobile photo sharing application

Applabs Technologies (ASX: ALA) shares are likely to rise today after it launched a new mobile photo sharing application – Snaptic – that provides users with the ability to capture moments and events.This will be done overtime in a new random and exciting way and will be fully integrated with Facebook, Instagram and Twitter.Applabs is well advanced in attracting several international celebrities who will promote the application through their current social media networks.Targeted social media advertising will also be conducted to promote and attract users to Snaptic.Applabs has partnered with an independent Australian technology entrepreneur in regards to the concept around Snaptic. It will hold a 90% interest with 10% being held by the private company. Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.