World Moto in Discussion With 4 Motorcycle Manufacturers to Appear at Bangkok International Motor Show
January 28, 2014 --
NEW YORK, NY -- (Marketwired) -- 01/28/14 -- World Moto, Inc. (OTCBB: FARE) (OTCQB: FARE) (BERLIN: WM7) (BERLIN: A1J8SY) ("World Moto" or the "Company") is pleased to announce that it is currently in discussions with 4 major motorcycle manufacturers to display its Wheelies technology at their booths for the 2014 Bangkok International Motor Show. Changing the way the world goes around, World Moto is a global authority on the $500 billion dollar a year motorcycle taxi industry and inventor of the Moto-Meter, Wheelies, and Yes.
The Bangkok International Motor Show, promoted as "The Greatest Show in Asia," is one of the world's largest trade fairs, expected to attract nearly 2 million automotive and motorcycle enthusiasts this year throughout its 2 week duration. The Company has entered discussions with 4 globally recognized motorcycle manufacturers that have reserved space at this exhibition to investigate possibilities for displaying the Wheelies technology. Based on the outcome of the discussions currently underway, World Moto will decide on specific terms for partnering during the show.
The 35th annual Bangkok International Motor Show is scheduled to take place from March 26 to April 6 at the Muang Thong Thani Impact Arena and Convention Center in Bangkok, Thailand. In addition to the millions of visitors who attend, the show generates substantial amounts of broadcast and print media coverage, in addition to the thousands of blogs where highlights of the show are regularly shared. The show is also the inspiration for the annual Miss Motor Show Thailand beauty pageant, the winner of which will be present during the show to engage the public and exhibitors.
Paul Giles, CEO of World Moto, commented, "It is hard to imagine a more valuable trade fair to attend than the Bangkok International Motor Show. It is common for companies to spend millions of dollars to attend this expo, and to find all the major brands interested in discussing possibilities to partner at their booth shows the motorcycle industry's view of the potential of this product."
Bangkok International Motor Show website: http://www.bangkok-motorshow.com/
Miss Motor Show Thailand website: http://www.missmotorshowthailand.com/
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About World Moto
World Moto, Inc. is the global authority on the $500 billion a year motorcycle taxi industry and creator of the Moto-Meter, Wheelies, and Yes.
The Moto-Meter is a landmark device that CNN, Newsweek, Wired, Moneylife, among others, are calling "the world's first motorcycle taxi meter" and "world's first portable taxi meter" and "first-ever black box for motorcycles," while the Times named it "one of the most significant innovations of this decade" and Fast Company declared it "The First Real Taxi Meter Innovation in 100 Years...a $3 billion dollar idea."
Wheelies display static and streaming media on the wheels of motorcycles and automobiles, providing a unique and beautiful new mobile medium for advertising, broadcasting, self expression and publishing. According to Fast Company, Wheelies "invents a new kind of screen--and one that's potentially ubiquitous...It's best seen to be believed."
Yes is a rapid retail and delivery service. Simply tap an app and get any local product, such as razors, diapers, toiletries, etc., delivered anywhere in less than 20 minutes. Launching in 2014, Yes will make brick and mortar local commerce as convenient as the Internet.
To find out more about World Moto, Inc. (OTCBB: FARE) (OTCQB: FARE) (BERLIN: WM7) (BERLIN: A1J8SY), visit the Company's website and Facebook page, linked above.
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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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, projections of worldwide sales of World Moto, Inc's products and global markets. 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.
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