Trig Social Media AB (Publ) Acquires Photosharing App 'Momentik'.

Trig Social Media AB (Publ) announces that the company has acquired all the intellectual property rights, including the brand and base prototype of the application 'Momentik' from The New Concept Scandinavia AB and Antony Sastre, (founder and developer).

Momentik, a social service and application including a web service, will deliver a new and innovative form of photo and video sharing that is more relevant for lifestyle of today's mobile and internet users.

The development, as conceived by Trig, will reduce the desktop, smartphone and video clutter allowing users the ability to share not only the image but the moment in real time. And also allow the ability for many users concurrently to share the same image and the moment.

The 'invitation only' beta release of the product Momentik is planned to be released on September 1st, 2014. The global launch is anticipated for mid October, 2014.

- "I chose to sell Momentik to Trig Social Media AB (Publ) as their vision of the future of photosharing as a communication medium is very exciting. The partnership with Trig also now enables us to develop, launch and market Momentik to its fullest potential", explains Antony Sastre.

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About Trig Social Media AB (Publ):

Trig Social Media AB (Publ) is a holding company for a portfolio of social media and related user engagement applications.
The Company has an existing portfolio of 26.25 million users, of which 23 millon have corporate sponsors to download the company’s income generating application: Trig Money™.
Trig Social Media AB (Publ) financial model is significantly different from all other companies operating in the social media space, as the company does not rely on click/view advertising etc.
Trig Social Media AB (Publ) is currently focused on the 18 countries in which it operates today.

Trig Social Media AB (Publ), Box 1268, 131 28 Nacka Strand, SWEDEN
Office: 46 (0) 40 606 02 84
Fax:     46 (0) 40-692 9252 
Corporate website:Trig.com 

Contact: 
Sabinije von Gaffke
Head of Communications and PR
sabinije@trig.com


Trig Social Media AB (Publ) is a holding company for a portfolio of social media and related user engagement applications.
The Company has an existing portfolio of 26.25 million users, of which 23 millon have corporate sponsors to download the company’s income generating application: Trig|money.
Trig Social Media AB (Publ) financial model is significantly different from all other companies operating in the social media space, as the company does not rely on traditional click/view advertising etc.
Trig Social Media AB (Publ) is currently focused on the 18 countries in which it operates today.

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Trig Social Media AB (Publ) is a holding company for a portfolio of social media and related user engagement applications. The Company has an existing portfolio of 26.25 million users, of which 23 millon have corporate sponsors to download the company’s income generating application: Trig|money.Trig Social Media AB (Publ) financial model is significantly different from all other companies operating in the social media space, as the company does not rely on click/view advertising etc.Trig Social Media AB (Publ) is currently focused on the 18 countries in which it operates today.

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