Shareholder Update

PHOENIX, AZ / ACCESSWIRE / March 23, 2017 / RAADR, Inc. (OTC PINK: RDAR), a technology and software development company that monitors cyber bullying and social media platforms through its artificially intelligent proprietary web-based application, announced Thursday that they have finalized anticipated long-term financial backing and will be moving in the coming weeks to settle outstanding vendor debts and get the company current on reporting

Founder and CEO, Jacob DiMartino, disclosed in February that the company was in negotiation with a group of current investors, as well as an institutional investor to expand funding of RAADR, Inc. in order to “get solvent and back up to OTCQB.”

The first priority is to contact vendors, including the application development team, to arrange for payment over the coming weeks and, once complete, necessary advancement and updates will be conducted on the mobile applications, moving the technology forward after a period of dormancy.

“This news and funding couldn’t come at a better time,” exclaims DiMartino. “We are poised to make some big moves with our technology, and everyone involved is excited about the future.”

In addition to moving forward technologically, this backing also will allow for RAADR to file it’s completed financials to return them to current reporting status. This will open the door to qualifying for the OTC Pink Platform, which will prove beneficial for shareholders. Ultimately, all of these efforts will publicly validate the company and build investor confidence and momentum.

About RAADR, Inc.:

RAADR, Inc., makers of the artificial intelligent proprietary technology application RAADR©, have developed a web based tool that provides families with peace of mind when it comes to knowing that children are safe from bullying and predatory behavior which is, unfortunately, so prevalent today. By customizing their own unique monitoring and alert settings, parents and guardians can be alerted when their children’s Facebook, Twitter, Instagram, and other pertinent social media platforms under scrutiny become posted with inappropriate language. By utilizing customized keywords chosen by the user that are added to an already existing database, parents and guardians can carry a sense of assuredness that the youth they love and are responsible for are safe and acting in a fun, yet appropriate, manner. No parent or guardian has the time or resources to be in constant surveillance of all the social media platforms in which their children might be active. Nor do most children want intense scrutiny of their updates and postings, despite the best intentions. You want to trust your children, while at the same time knowing that you are protecting them. RAADR© gives families the ability to protect their image, combat erroneous postings, and for individuals to safeguard their children from online bullying. The Company’s core competency is focused on building and acquiring apps and other products, services, and companies to build a nationwide network of related businesses that are positioned to serve the mobile app development needs of small businesses and individuals.

Safe Harbor:

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in several places in this release and include all statements that are not statements of historical fact regarding the intent, belief, or current expectations of RAADR, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond RAADR, Inc.’s ability to control and their actual results may differ materially from those projected in the forward-looking statements because of various factors. More information about the potential factors that could affect the business and financial results is and will be included in RAADR, Inc.’s filings with the Securities and Exchange Commission.

SOURCE: RAADR, Inc.

ReleaseID: 458053