Shares of Rarus Technologies Inc. (PINK: RARS), an emerging technology company, fell sharply in Thursday’s trading session.

The penny stock of RARS ended the day 7.12% lower at $0.107, with volume up from daily average of 7.75 million to 9.75 million.

Rarus Technologies on Thursday said that it submitted version 1.1 of its Zngle.com Mobile App to Apple. The company also said that it joined Android Marketplace.

Manfred Ruf, CEO of Rarus Technologies, said that RARS is excited to explore the new opportunities presented in developing and distributing of its platform in the Android Marketplace. Ruf said that RARS’ technology and applications were built with the intention of being offered on multiple platforms and the company’s new relationship with the Android Marketplace and member feedback makes it confident it can capitalize on the millions of Android users out there.

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