OBJE Narrows Acquisition Targets

SARASOTA, Fla.--(BUSINESS WIRE)--

Obscene Interactive, the social media division of Obscene Jeans Corp. OBJE, expects to sign agreements with new targets for potential acquisition or joint venture in the next few weeks after conducting preliminary due diligence on a group of U.S.-based social media startups.

Currently, OBJE has shortlisted seven early-stage companies that develop platforms to engage social networks, from crowdfunding applications to sentiment analytics designed to identify influencers driving brand awareness.

Obscene Interactive is moving forward with this plan in order to capitalize on the social media tipping point now at hand in the business world. 2012 will be a critical year for companies to incorporate a solid social media strategy into their marketing and branding efforts. Social networks impact every single aspect of business from human relations to finance, sales, operations and legal.

Even as the U.S. government moves forward with crowdfunding legislation, online platforms are being developed at an accelerated rate that allow users and influencers to invest, make a social impact, and earn financial rewards. 2012 will be the year for brands to go beyond loosely planned campaigns with the help of next-gen platforms that add value and communicate efficiently with customers.

For more information on OBJE's social media initiative, please visit www.obsceneinteractive.com/investors.

Obscene Interactive is a division of Obscene Jeans Corp. that develops innovative technology tools to service the fast-growing social media and online content production sectors alongside companies such as Pandora Media Inc. (Public, NYSE: P), LinkedIn Corp. LNKD, FriendFinder Networks Inc. FFN, and Groupon, Inc. GRPN.

About Obscene Interactive

Obscene Interactive OBJE is an emerging global developer of social media tools and applications. OBJE's cutting-edge technology platform enables its titles to be accessible to a broad audience of consumers all over the world, supporting multiple platforms for universal appeal. Obscene Interactive is focused on delivering the best in social media solutions to the mass market. For investment information and performance data, please visit www.ObsceneInteractive.com/investors.

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