SANTA CLARA, Calif., July 17, 2019 /PRNewswire/ — CooTek (NYSE: CTK) (“CooTek” or the “Company”), a fast-developing international cellular internet agency, these days introduced that its miles aware that some of its global portfolio of apps was briefly turned off by way of Google from the Google Play Store and Google Admob. CooTek takes the problem seriously and continuously verbalizes with Google to clarify potential misunderstandings. They rely on but will no longer affect CooTek’s existing customers’ use of the relevant apps.
CooTek also denied allegations by a certain media outlet that fifty-eight of its apps submitted to Google Play in June 2019 engaged in malicious ad pastimes. CooTek investigated internally, reexamined its apps, and observed no proof to assist the allegations. The Company confirms that the up-to-date apps submitted to Google Play in June did not interact with any malicious ad hobby. CooTek remains devoted to upholding the very best requirements in the industry and complying with Google Play developer policies. The Company’s priority has usually been to shield the pursuits of its users and decorate the person revels in.
Pending the healing of access for some of its global portfolio of apps, CooTek’s capacity to attract new users and generate sales from Google Admob may be adversely affected. The movements taken via Google will no longer affect CooTek’s present users or their capacity to apply the apps.
About CooTek (Cayman) Inc.
CooTek is a fast-growing international cell net corporation. Its mission is to empower every person to be specific and enjoy applicable content seamlessly. The Company’s person-centric and statistics-pushed approach has enabled it to launch appealing products to capture mobile internet users’ ever-evolving content material needs. It allows its hasty appeal to centered users. Focusing on five health verticals: information, short films, healthcare, lifestyle, and enjoyment, CooTek has developed multiple swiftly developing content-wealthy portfolio apps with information feeds to deliver relevant content.
Safe Harbor Statement
This press release carries forward-looking statements below the “Secure Harbor” provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be diagnosed by using terminology together with “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “assured,” and similar statements. CooTek might also make written or oral forward-looking statements in its reports filed with or provided to the U.S. Securities and Exchange Commission, in its annual document to shareholders, in press releases and different written substances, and in oral statements made by way of its officials, administrators or personnel to 1/3 parties. Any statements that aren’t ancient facts, including statements approximately CooTek’s beliefs and expectations, are forward-searching statements that contain elements, dangers, and uncertainties that would cause real results to differ materially from the ones within the forward-looking statements. Such elements and risks consist of
limited to the subsequent: CooTek’s project and techniques; destiny business improvement, economic conditions and consequences of operations; the expected increase of the cellular internet enterprise and cellular advertising industry; the expected growth of cell advertising and marketing; expectations concerning the call for and marketplace acceptance of our products and services; opposition in the cellular application and advertising and marketing industry; and applicable government guidelines and rules relating to the enterprise. Further statistics regarding these risks, uncertainties, or factors are protected inside the Company’s filings with the U.S. Securities and Exchange Commission. All records supplied in this press release are cutting-edge as of the press launch date. CooTek no longer undertakes any responsibility to update such facts besides as required beneath applicable law.
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