Metro One Development Issues Corporate Update
16 June 2009 - 2:50AM
Marketwired
Metro One Development, Inc. (PINK SHEETS: MTRO) ('the Company'), a
digital out of home media company, today announced it has agreed to
exclusively use the Imagin8 solutions to launch an interactive
large-format advertising platform, which will be marketed across
North America.
Stuart Turk, CEO of Metro One stated, "We intend on implementing
an immersive interactive technology to create an entirely new form
of advertising that compels consumers to engage in an unforgettable
"hands-on" experience."
Turk continues, "The technology engages the consumer to
literally immerse themselves in the advertisement, maintaining the
attention of consumers with Metro One's new-age technology as well
it provides a compelling way for leading brands to enhance their
global images."
The interactive floor display technology is triggered as the
passerby walks over the image while the content responds to the
consumer movement to entice further interaction. As a consumer
approach a digitally-formatted advertisement, their position and
gestures are instantly recognized, enabling different levels of
interaction based on their proximity to the display. StepOne
creates a new paradigm for social interaction with advertising,
enabling gesture-based group experiences that will lead to much
more effective brand messaging and higher unaided recall than
conventional out of home advertising.
"We are partnering with Imagin8 to jumpstart a critical segment
of the digital signage business, one that could have the most
profound impact on advertising for decades," commented Turk.
About Imagin8
Imagin8 is a Canadian company providing hand and body
motion-based interactive digital technologies that are designed to
enhance new consumer experiences from touch-screens to
floor-screens. Imagin8 maintains a staff of technical, creative,
and sales professionals. Imagin8 offers a wide range of digital
content and solutions for interactive floors, walls, windows, and
tables and is a leader in providing touch and multi-touch
multi-surface capability.
About Metro One Development, Inc.
Metro One Development, Inc., http://www.metro-one.com, plans to
develop an interactive out of home media company giving the
consumer more control over their media experience and creating
highly entertaining branding displays that respond to the physical
movements of the consumer.
This press release contains forward-looking statements that
involve a number of risks and uncertainties. Any statement not
regarding a historical fact is a forward-looking statement.
Important factors that could cause actual results to differ
materially from those indicated by such forward-looking statements
include, but are not limited to, the company's ability to finance
its planned expansion efforts; the company's ability to raise funds
on acceptable terms; the company's ability to successfully adapt
its business model and such other risks disclosed from time to time
in the company's reports filed with the securities and exchange
commission including those on the company's annual report on form
10-KSB. The company does not intend to update any of the
forward-looking statements after the date of this document to
conform these statements to actual results or to changes in
management's expectations, except as required by law.
Contacts: Metro One Development, Inc. Al Kau Investor Relations
(888) 795-3166 (California) al@thesearchforvalue.com
www.metro-one.com
Metro One Development (CE) (USOTC:MTRO)
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