NEW YORK, May 6, 2015 /PRNewswire/ -- World Moto, Inc. (OTCQB: FARE) (BERLIN: WM7) (BERLIN: A1J8SY) ("World Moto" or the "Company"), a technology company addressing the need for fare metering and m-commerce for motor scooters and motorcycle taxis around the globe, today announced that it has retained KCSA Strategic Communications to drive the Company's investor relations program.
KCSA, a leading New York-based communications firm, will deploy a comprehensive investor relations campaign to help achieve a fair valuation of World Moto's equity, build a resilient shareholder base and increase awareness of the Company among the investment community. Since its inception over forty years ago, KCSA has developed a strong reputation for its work representing public companies. Todd Fromer, Managing Partner of KCSA, will lead KCSA's efforts and provide strategic counsel on investor relations matters.
"With the recent launch of the Yes™ application for Android devices on Google Play and its early success, World Moto is on the cusp of explosive growth within the $500 billion motorcycle taxi industry and personal retail delivery market," said Paul Giles, CEO of World Moto. "As we prepare for this and other important financial milestones, we will look to KCSA to ensure that we are effectively communicating our strategy, objectives and milestones to Wall Street in order to maximize shareholder value."
"World Moto recently surpassed eBay for the world's fastest delivery record, a brazen indication that this is a Company investors should be watching," said Todd Fromer, Managing Partner of KCSA Strategic Communications. "We look forward to utilizing our investor relations tactics to bring World Moto into its next phase of growth and help it achieve its capital market objectives."
About World Moto
World Moto is a technology company that designs, manufactures, markets and sells Moto-Meter products, devices that provide moto-taxi fare metering and other communication capabilities. The Company's Moto-Meter patents have been granted in 4 countries, with applications pending in another 56 jurisdictions. World Moto's products and services include the Moto-Meter™, the world's first motorcycle taxi meter, Wheelies™, which display static and streaming media content on the wheels of motorcycles and automobiles, and Yes™, a personal retail delivery app. For more information on World Moto, please visit World Moto's website at www.worldmoto.com.
Community
Facebook: http://www.facebook.com/worldmoto
Video Channel: http://www.youtube.com/user/worldmoto
To be added to the World Moto email distribution list, please email FARE@kcsa.com with FARE in the subject line.
About KCSA Strategic Communications
KCSA is a fully integrated communications agency specializing in public relations, investor relations and marketing with expertise in financial and professional services, technology, healthcare, media, energy and public services companies. Since 1969, the firm has demonstrated strategic thinking and program execution that drives results for its clients in the ever-changing communications and digital landscape. The firm's clients are its best references. For more information, please visit www.kcsa.com.
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.
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.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/world-moto-inc-retains-kcsa-strategic-communications-as-investor-relations-counsel-300078288.html
SOURCE World Moto, Inc.