NEW YORK, Sept. 24, 2014 /PRNewswire/ -- MOKO Social
Media Limited (NASDAQ: MOKO, ASX: MKB) is pleased to announce the
upgrades and development of its running-based product division.
RunHaven, a web and mobile site devoted to providing a sanctuary
for runners, is scheduled for several new upgrades and releases in
4th quarter 2014 including web and mobile interface
upgrades and the launch of the app of the same name.
RunHaven, a site that provides daily entertaining and
educational running-related content, is currently upgrading
the web and mobile interfaces to provide an enhanced user
experience complete with new community and social functionality
features. These features include a Forum for the
discussion of any and all things running, including: training tips,
injury prevention, nutritional information and gear; community
photo albums for user-generated images, and an online running store
powered via a partnership with Pacers, a specialty
running retailer chain with stores in the greater Washington DC area. These improvements
are slated for October 2014 on both
iOS and Android
Also in development for January
2015 is RaceAdvizor, RunHaven's ultimate running race
portal, which will be one of America's largest mobile and
online information hubs for running events. Providing runners with
a one-stop location for in-depth racing information for over 30,000
races each year, runners will be able to find the perfect event,
whether it is across town or across the country. RaceAdvizor's
database will include all categories of running races including:
road races, trail races, ultra-marathons, themed races, obstacle
course races and fun runs. Runners will be able to search by
proximity, date range, race distance and race name. They will also
be able to read reviews written by fellow runners and share their
event photos.
RaceAdvizor will take the guesswork out of choosing your next
race by providing runners with the ability to:
- Find essential event details including the event, name, date,
location, race distance(s) and a description.
- Read and write race reviews on topics such as: cost/value,
course difficulty, race tee shirt, awards, parking, safety and
post-race food.
- View and upload race pictures.
- See a 10-day weather forecast for the event's location
For more
information contact:
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Australia:
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USA:
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Rudi
Michelson
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Adam
Handelsman
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Monsoon
Communications
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SpecOps
Communications
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03 9620 3333
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646 413 9401
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rudim@monsoon.com.au
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adam@specopscomm.com
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About MOKO SOCIAL MEDIA Limited
MOKO identifies large
user groups around common interests and provides them with tailored
mobile applications with information relevant to that common
interest. These are developed entirely by MOKO and then distributed
at no charge to these groups and their members, in return for
exclusive access and advertising rights.
MOKO's flagship mobile app is REC*IT: an application that is
launching to more than 800 colleges and universities across the US
in the latter part of 2014 that provides information about campus
sports and recreational activities. Whether students are spectators
or participants of campus sports, clubs and societies, this app
provides the specific information they need, together with social
functionality such as team chat.
In May 2014 MOKO launched
Bluenationreview.com (BNR), which has grown to become one of the
most visited active political groups on Facebook in the US. A new
non-partisan user-generated political App called VOYCIT will also
soon be launched. In December 2014
MOKO will also launch a specialist running community app called
RunHaven. RunHaven.com is for US recreational runners with event,
training, dietary and other runner-relevant information. MOKO will
launch Speakiesy in December 2014.
Speakiesy will be a new college social media App exclusive to each
campus.
MOKO is listed on NASDAQ (MOKO) and the Australian Securities
Exchange (MKB).
This announcement is for informational purposes only and is
neither an offer to sell nor an offer to buy any securities, or a
recommendation as to whether investors should buy or sell.
Special Note on Forward-Looking Statements
This press
release contains information that may constitute forward-looking
statements and uses forward-looking terminology such as
"anticipate" "propose" "expect" and "will," negatives of such
terms or other similar statements. You should not place undue
reliance on any forward-looking statement due to its inherent risk
and uncertainties, both general and specific. Although we believe
the assumptions on which the forward-looking statements are based
are reasonable and within the bounds of our knowledge of our
business and operations as of the date hereof, any or all of those
assumptions could prove to be inaccurate. Risk factors that could
contribute to such differences include our ability to prepare
required documents in connection with the proposed offering, the
timing of regulatory review, performance of our shares on the
Nasdaq Global Market, and the performance of the United States and global capital markets
and companies in our sector, as well as factors relating to the
performance of our business, including intense competition we face;
failure to innovate and provide products and services that are
useful to users; our ongoing need for capital for investment in new
and existing business strategies and new products, services and
technologies, including through acquisitions; our dependence on
advertising revenues; the potential for declines in our revenue
growth rate and downward pressure on our operating margin in the
future; increased regulatory scrutiny that may negatively impact
our business; legal proceedings that may result in adverse
outcomes; failure to maintain and enhance our brand; uncertainty as
to our ability to protect and enforce our intellectual property
rights; and uncertainty as to our ability to attract and retain
qualified executives and personnel. The forward-looking information
provided herein represents the Company's estimates as of the date
of the press release, and subsequent events and developments may
cause the Company's estimates to change. The Company specifically
disclaims any obligation to update the forward-looking information
in the future. Therefore, this forward-looking information should
not be relied upon as representing the Company's estimates of its
future intentions as of any date subsequent to the date of this
press release. Our plans may differ materially from information
contained in the forward-looking statements as a result of these
risk factors or others, as well as changes in plans from our board
of directors and management.
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SOURCE MOKO Social Media Limited