NEW YORK, Aug. 18, 2015 /PRNewswire/ -- World Moto, Inc. (OTC: FARE) (BERLIN: WM7) (BERLIN: A1J8SY) ("World Moto" or the "Company"), a leader in advanced solutions for motorcycle taxis and on-demand transport, today announced the Company's operational update for the second quarter of 2015, which ended on July 31, 2015.
Recent Operational Highlights
- HailYes™ Approves More Than 100 Partners in First Month
- World Moto Begins Moto-Meter™ Production with Krystal Microsystems
- World Moto Launches HailYes™ App on Google Play
- World Moto Launches HailYes™ Partners App on Google Play
- World Moto Receives Multiple Inquiries and Begins Conducting Outbound Sales for the Moto-Meter™
- World Moto, Inc. Makes Introduction to Top Thai Government Minister
"The second quarter was an important turning point," said Paul Giles, CEO of World Moto. "The launch of HailYes on Google Play has established World Moto as a recognized player and the only public company in this space. Together with the launch of outbound sales activities, the Company is on course to generate increasing revenues in the coming weeks."
Giles concluded, "While we are pleased with our progress, we remain focused on achieving our growth objectives and reaching our goal of becoming the world leader in advanced solutions for the motorcycle taxi industry. As we continue our global ramp-up, the HailYes™ apps, the Moto-Meter and our unique Wheelies are well-positioned to become leaders and trailblazers in their categories."
About World Moto
World Moto is a technology company that designs, manufactures, markets and sells the Moto-Meter products, which are devices that provide moto-taxi fare metering and other communication capabilities. The Company currently has patent applications pending for its products in 56 countries. Its products and services include the Moto-Meter™, arguably 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 our website at www.worldmoto.com.
Video Channel: http://www.youtube.com/user/worldmoto
To download the HailYes™ Partners app, visit Google Play or use the following link: http://bit.ly/1Hghpeo
To download the HailYes™ app, visit Google Play or use the following link: http://bit.ly/1O3DDAT
To be added to the World Moto email distribution list, please email FARE@kcsa.com with FARE in the subject line.
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, increasing brand awareness, cultivating customer relationships, opportunities in the motorcycle taxi industry and personal retail delivery market, and business strategy." 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.
SOURCE World Moto, Inc.