Metro One Development, Inc.
PINK SHEETS : MTRO

Metro One Development, Inc.

January 30, 2010 16:49 ET

Metro One Announces Successful Deployment of Three Interactive Advertising Floors in Leading Shopping Centers

POTENTIAL ADVERTISING REVENUE APPROXIMATELY $540,000

CONCORD, ONTARIO--(Marketwire - Jan. 30, 2010) - Metro One Development, Inc. (PINK SHEETS:MTRO) ('the Company'), a digital out of home media company, announced today details of its 2010 plans to expand its Canadian interactive digital network, providing an enhanced network footprint in Canada to meet the growing demands of national advertisers.

Metro One (www.metro-one.com) is currently operating 3 installations in 2 shopping malls in southwestern Ontario and is working with the mall operator on an advertising revenue share program.

It is estimated that based upon the number of shoppers visiting the malls, that the total advertising revenue for 2010 from existing installations alone when fully advertised could exceed $180,000 per location. Further installations with this mall operator could potentially see StepOne in 30 shopping malls across Canada over the next few years.

Mall owners can leverage the power of Metro One interactive displays to provide shoppers with billboard information and help them locate different products and services throughout the mall.

Metro One plans on extending services, reach and access into additional locations in Canada, as part of an anticipated capital investment in 2010. This investment demonstrates the company's commitment to national advertisers demanding a nationally consistent set of services, cost-efficiency and automation wherever they do business.

Stuart Turk, CEO of Metro One stated, "its a priority to deploy the infrastructure and network interconnections that will allow us to operate a seamless national network. Our continued commitment to serve the needs of advertisers is our continued focus on quality of service, pricing and the ability to innovate."

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 secure advertisers; 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-K. 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.

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