Metro One Development, Inc.
PINK SHEETS : MTRO

Metro One Development, Inc.

June 15, 2009 12:50 ET

Metro One Development Issues Corporate Update

CONCORD, ONTARIO--(Marketwire - June 15, 2009) - 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.

Contact Information