Mimvi, Inc. and Entrepreneur Media Team Up to Provide Exposure and Support for App Developers Parties Sign Memorandum of Understanding

SUNNYVALE, Calif., Nov. 15, 2012 /PRNewswire/ -- Mimvi, Inc. (OTCBB: MIMV) and Entrepreneur Media agreed to collaborate on the development of a crowd funding platform specifically designed for the mobile developer.  The new platform is intended to provide a variety of resources to the developer community, including crowd funding services, technology, and business development products.

"We are honored to work with Entrepreneur Media.  They have been a key supporter of the entrepreneurial community for more than 25 years and we hope to be able to contribute to their continued growth," said Mike Poutre, Chief Executive Officer, Mimvi. "We believe this collaboration will be a game changer for the app developer community.  Our goal is to assist mobile app developers to enable their products to stand out in the increasingly cluttered mobile app market."  

"We're looking forward to working with Mimvi to give entrepreneurs the platform they need to successfully market their app products and reach more users. This collaboration gives us a chance to do what we do best -- provide trusted content that keeps people in the know of forward-thinking tools and insights -- only now with a focused lens on the app marketplace," said Ryan Shea, President, Entrepreneur Media. Entrepreneur Media is known for its extensive reach into the entrepreneur community through publications such as Entrepreneur magazine and Entrepreneur.com. 

Mimvi and Entrepreneur will be working closely with the Microsoft Azure cloud services teams to launch the new apps on all platforms including Windows Phone 8, iOS and Android.

About Entrepreneur Media Inc.

Entrepreneur Media Inc. is the premier content provider for and about entrepreneurs. Our products engage and inspire every day with the advice, solutions and resources that fuel the bold and independent way entrepreneurs think. After 35 years, nobody reaches more growing businesses. As the original magazine for the small and midsize business community, Entrepreneur continues to be the definitive guide to all the diverse challenges of business ownership. Entrepreneur.com is the most widely used website by entrepreneurs and emerging businesses worldwide. Entrepreneur Press publishes the books that turn entrepreneurial skills into business success.  To learn more, visit entrepreneur.com.  To advertise, please contact us at www.entrepreneur.com/mediakit. Follow Entrepreneur Media on Twitter at @EntMagazine, and like them on Facebook at facebook.com/entmagazine.

About Mimvi 

Headquartered in Sunnyvale, California, Mimvi, Inc. (OTCBB: MIMV) is a pure-play search and recommendation technology company. Its proprietary search and "intelligent" recommendation algorithms enable the search and discovery of Mobile Apps, Mobile Content and Mobile Products across multiple devices and platforms, including: Apple's iPhone and iPad, Google Android, BlackBerry, Windows Phone, Facebook and Web Apps. For more information, please visit: http://www.mimvi.com.

Safe Harbor Statement

This Press Release may contain certain forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Mimvi has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect

Mimvi's current beliefs and are based on information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause Mimvi's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. Mimvi undertakes no obligation to update or provide advice in the event of any change, addition or alteration to the information contained in this Press Release including such forward-looking statements.

Investor Contact:
Gerald Kieft
The WSR Group
(772) 219-7525 (tel)
IR@theWSRgroup.com
www.wallstreetresources.net/mimvi.asp 

SOURCE Mimvi, Inc.



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