SOURCE: World Moto, Inc.

World Moto, Inc.

March 04, 2015 13:06 ET

World Moto, Inc.: Yes™ App Launched on Google Play

NEW YORK, NY--(Marketwired - Mar 4, 2015) - World Moto, Inc. (OTCBB: FARE) (OTCQB: FARE) (BERLIN: WM7) (BERLIN: A1J8SY) ("World Moto" or the "Company") today announced that it has launched the Yes™ application for Android devices on Google Play in advance of commercial operation of its Yes™ platform. 

World Moto is preparing for the start of commercial operation of Yes™ on March 9, having completed a successful soft launch of the platform. Services will be introduced over a 6 square kilometer area in the densest part of Wattana district in downtown Bangkok, with plans to eventually cover the entire Greater Metropolitan Area before expanding throughout the country and into international markets. The offering will leverage public convenience store chains to deliver food, refreshments, personal and childcare products, stationery, and other necessities to the district's nearly 100,000 inhabitants in minutes. This unprecedented capability is made possible through World Moto's extensive relationships with drivers and operators in the motorcycle taxi community.

The Company estimates that the market for personal retail delivery may grow to as many as 2 million shipments per day in Bangkok alone, and will reach into the many hundreds of millions per day globally. Nearly all types of local commerce and commodities are candidates to be serviced by Yes™, representing a worldwide industry worth trillions of dollars annually.

The Company intends to use its Wheelies™ technology to advertise Yes™ in the target area. Wheelies™ are a personal digital canvas in the physical world that can display full motion images and stunning visual graphics on the spinning wheels of motorcycles. When used to display advertising, a roaming motorcycle equipped with Wheelies™ provides one of the few means of accessing a target audience in an arbitrary geographically localized area. Wheelies™ represent a critical advertising medium for the launch of Yes™.

The Company has developed an innovative yet familiar interface that internal testing has shown to offer the industry's fastest time to order completion. Based on the concept of a stylish vending machine, the interface allows a consumer to complete a purchase of multiple items in as few as 10 seconds.

World Moto CEO, Paul Giles, stated, "Our highly differentiated offering is unlike any other and we anticipate that it will be very popular with people who appreciate the convenience of instant availability." 

The Yes™ app is immediately available for download on Google Play by users in Thailand. The Company has also made the Yes™ app available to all users directly at www.yes.world 
(Note that new items for delivery will be continuously added.)

World Moto Changing the way the world goes around

World Moto is the global authority on the $500 billion motorcycle taxi industry and inventor of the Moto-Meter™, Wheelies™, and Yes™. 

Products/Services:

The Moto-Meter™ is a landmark device that CNN, Newsweek, Wired, Moneylife, among others, are calling "the world's first motorcycle taxi meter" and "world's first portable taxi meter" and "first-ever black box for motorcycles," while the Times named it "one of the most significant innovations of this decade" and Fast Company declared it "The First Real Taxi Meter Innovation in 100 Years...a $3 billion dollar idea."

Wheelies™ display static and streaming media on the wheels of motorcycles and automobiles, providing a unique and beautiful new mobile medium for advertising, broadcasting, self expression and publishing. According to Fast Company, Wheelies™ "invents a new kind of screen -- and one that's potentially ubiquitous... It's best seen to be believed."

Yes™ -- Delivery in minutes -- Popular food, snacks, beverages, household supplies, personal care, health and essentials. Want it now? Yes™.

Community:

Facebook: http://www.facebook.com/worldmoto
Video Channel: http://www.youtube.com/user/worldmoto
Website: http://www.worldmoto.com

To find out more, please visit the links above. World Moto, Inc. trades on the following:
(OTCBB: FARE) (OTCQB: FARE) (BERLIN: WM7) (BERLIN: A1J8SY).

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.

Forward-Looking Statements
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, use of proceeds and size of market for Moto-Meter. 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.

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