PRINCETON, N.J., Feb. 5 /PRNewswire/ -- CloseBys.com is excited to announce its "create your own location based network" feature, that will pre launch at Macworld, San Francisco on Feb. 11. The startup will also demo the next version of its mobile application at the show. You need to be there to flip a coupon from your smart phone or clip one to your mobile wallet. The new version of the app will be available on the iPhone app store, Android market place, BlackBerry app world and Palm app catalog by the end of this quarter.

Creating a CloseBys network is not only free, it also pays to own one.  Advertisers pay a fixed fee to get their promotion in and a variable fee that is based on the results. The company takes the fixed advertisement fee paid by the advertisers to host and support the networks. Owners get paid the per clip and per use fees paid by the advertisers. This means the more promotions that are clipped and used from the network, the more the network owners get paid. Advertisers can also limit size of promotions to run at any location. 

This will evolve to be a Ning-like service, but focused on a geographic region that is roughly 20 miles. Only people local to the town can create a network for it. And only local people can join.  "Connecting local businesses to local people in a more efficient way was our goal from the beginning. So we are opening up CloseBys with two small contests for bloggers and word press plugin developers," says founder and CTO Raj Narayanasamy. 

When you create your own social network, make sure you are on a cable or DSL connection, as location detection using 3G networks may not work currently from desktop browsers. Also keep in mind that the mechanism to detect location on desktop computers is not as sophisticated as detecting the location on smart phones. 

About CloseBys.com

CloseBys.com connects local businesses to local people.  This start up was launched with the vision to provide pay-for-results promotions and advertising to local businesses, and non-intrusive local deals to consumers with anonymous location detection, to not compromise consumers' privacy at any time. Location is the only criteria for CloseBys.com deals, so behavioral advertising and segregation of ads are not possible.

Related Links: http://www.CloseBys.com

SOURCE CloseBys.com

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