NEW YORK, May 6, 2015 /PRNewswire/ -- World Moto, Inc.
(OTCQB: FARE) (BERLIN: WM7) (BERLIN: A1J8SY) ("World Moto" or the
"Company"), a technology company addressing the need for fare
metering and m-commerce for motor scooters and motorcycle taxis
around the globe, today announced that it has retained KCSA
Strategic Communications to drive the Company's investor relations
program.
KCSA, a leading New York-based
communications firm, will deploy a comprehensive investor relations
campaign to help achieve a fair valuation of World Moto's equity,
build a resilient shareholder base and increase awareness of the
Company among the investment community. Since its inception
over forty years ago, KCSA has developed a strong reputation for
its work representing public companies. Todd Fromer, Managing Partner of KCSA, will lead
KCSA's efforts and provide strategic counsel on investor relations
matters.
"With the recent launch of the Yes™ application for Android
devices on Google Play and its early success, World Moto is on the
cusp of explosive growth within the $500
billion motorcycle taxi industry and personal retail
delivery market," said Paul Giles,
CEO of World Moto. "As we prepare for this and other important
financial milestones, we will look to KCSA to ensure that we are
effectively communicating our strategy, objectives and milestones
to Wall Street in order to maximize shareholder value."
"World Moto recently surpassed eBay for the world's fastest
delivery record, a brazen indication that this is a Company
investors should be watching," said Todd Fromer, Managing
Partner of KCSA Strategic Communications. "We look forward to
utilizing our investor relations tactics to bring World Moto into
its next phase of growth and help it achieve its capital market
objectives."
About World Moto
World Moto is a technology company that designs, manufactures,
markets and sells Moto-Meter products, devices that provide
moto-taxi fare metering and other communication capabilities. The
Company's Moto-Meter patents have been granted in 4 countries, with
applications pending in another 56 jurisdictions. World Moto's
products and services include the Moto-Meter™, the
world's first motorcycle taxi meter, Wheelies™, which
display static and streaming media content on the wheels of
motorcycles and automobiles, and Yes™, a personal
retail delivery app. For more information on World Moto, please
visit World Moto's website at www.worldmoto.com.
Community
Facebook: http://www.facebook.com/worldmoto
Video Channel: http://www.youtube.com/user/worldmoto
To be added to the World Moto email distribution list, please
email FARE@kcsa.com with FARE in the subject line.
About KCSA Strategic Communications
KCSA is a fully integrated communications agency specializing in
public relations, investor relations and marketing with expertise
in financial and professional services, technology, healthcare,
media, energy and public services companies. Since 1969, the firm
has demonstrated strategic thinking and program execution that
drives results for its clients in the ever-changing communications
and digital landscape. The firm's clients are its best references.
For more information, please visit www.kcsa.com.
Forward-Looking Statements
This news release contains "forward-looking statements" as
that term is defined in Section 27(a) of the United States
Securities Act of 1933, as amended and Section 21(e) of the
Securities Exchange Act of 1934, as amended. Statements in this
press release which are not purely historical are forward-looking
statements and include any statements regarding beliefs, plans,
expectations or intentions regarding the future. Such
forward-looking statements include, among other things, use of
proceeds and size of market for Moto-Meter. Actual results could
differ from those projected in any forward-looking statements due
to numerous factors. Such factors include, among others, the
inherent uncertainties associated with new projects and development
stage companies. These forward-looking statements are made as of
the date of this news release, and we assume no obligation to
update the forward-looking statements, or to update the reasons why
actual results could differ from those projected in the
forward-looking statements. Although we believe that any beliefs,
plans, expectations and intentions contained in this press release
are reasonable, there can be no assurance that any such beliefs,
plans, expectations or intentions will prove to be accurate.
Investors should consult all of the information set forth herein
and should also refer to the risk factors disclosure outlined in
our annual report on Form 10-K for the most recent fiscal year, our
quarterly reports on Form 10-Q and other periodic reports filed
from time-to-time with the Securities and Exchange
Commission.
Details of the Company's business, finances, appointments and
agreements can be found as part of the Company's continuous public
disclosure as a reporting issuer under the Securities Exchange Act
of 1934 filed with the Securities and Exchange Commission's EDGAR
database.
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SOURCE World Moto, Inc.