SOURCE: World Moto, Inc.

World Moto, Inc.

March 09, 2015 14:24 ET

World Moto Inc: Yes™ Begins Commercial Operations in Bangkok

NEW YORK, NY--(Marketwired - Mar 9, 2015) - World Moto, Inc. (OTCBB: FARE) (OTCQB: FARE) (BERLIN: WM7) (BERLIN: A1J8SY) ("World Moto" or the "Company") today announced the beginning of commercial Yes™ services in the heart of Greater Bangkok.

On March 9, 2015, the Company successfully opened its first Yes™ Station in Bangkok on Soi Thonglor. The station serves a densely populated 6.2 square kilometer area of downtown Bangkok, which covers the majority of the Wattana district and part of Huay Kwang, stretching from Ekkamai to the east and Asoke to the west, and bounded by Petchaburi and Sukhumvit roads on the north and south. Nearly 100,000 inhabitants live in this area, and the company anticipates steady growth in demand as the residents learn about Yes™.

The launch was established with an introductory list of products on the Yes™ application, and the number of items offered is expected to grow steadily. The Company has several innovative services as well as marketing campaigns planned for the coming weeks and months that will increase both awareness of the Yes™ brand and its attractiveness to the urban community.

The Company intends to continue expanding Yes™ stations throughout Greater Bangkok over the coming year, and estimates that the market for personal retail delivery may grow to as many as 2 million shipments per day in Bangkok alone, while reaching 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 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

World Moto Changing the way the world goes around

World Moto is an 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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