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8-K - Kiwibox.Com, Inc. | v207344_8k.htm |
Exhibit
99.1
KIWIBOX.COM integrates
Facebook/Twitter Connector Feature to open its site to millions of new
users.
NEW YORK,
January 5, 2011 /PRNewswire-FirstCall/ -- KIWIBOX.COM, Inc. (OTC Bulletin Board:
KIWB), has added new features to its initial login and Live Stream process. New
users now have the option to easily signup with just a few mouse clicks using
their existing Facebook account to become a Kiwibox member. This feature
connects with the person’s Facebook Login, views his or her profile information,
and quickly registers the person on Kiwibox. The new process eliminates the
daunting task of having to register manually and then having to
respond to an email to sign in. Once registered the new member’s friends will be
virally informed on the Facebook newsfeed. In the near future, new updates for
Kiwibox existing mobile Applications for Android and iPhone will be available to
complete this milestone in development.
Not only
does linking Kiwibox.com with Facebook make signing up easier, it also allows
new users to find friends from Facebook who are already Kiwibox members. Other
newly incorporated features on Kiwibox.com include being able to send and
receive updates from Facebook or Twitter right into the Kiwibox Live Stream.
People can now be active on multiple sites with one click when posting through
the Kiwibox Live Stream. Research shows that 52% of all worldwide news updates
are posted through social networks. This feature places Kiwibox in the direct
line of the users most focused activity and lets the members stay in touch with
their friends independent of their social network choice.
Facebook
has 573 million members worldwide, according to its own market research site
InsideFacebook.com - Twitter has 150-200 million members who are following
themes, news and status updates. Kiwibox has more than 3 million registered
users with more than 0.7 million of these members being “active.” Being a
trend-setting, interactive social network community, Kiwibox has a stronger
social binding than dating-sites and therefore a larger impact on the users
behavior.
Integrating
the Kiwibox.com Live Stream with these other larger social networks
gives Kiwibox members access to millions of other users,
across multiple social networks. This interface creates a viral stream of
information – leading to increased Kiwibox growth. Already in the
first days after integration, 50% of all new users activated this new feature to
gain access to the Kiwibox website, giving credence to the potency of this viral
marketing instrument feature.
About KIWIBOX.COM:
KIWIBOX.COM is a stand-alone social network community
company whose shares are traded in the public stock market under the trading
symbol "KIWB". KIWIBOX.COM was founded in 1999 to give teenagers a voice on the
internet and was a leader in the teen oriented world for several years. In 2008,
the company launched a new version 2.0, expanding its community to serve old
teens & young adults to explore, connect and party. After a restructuring of
the company in 2009 and
2010, a new website
technology platform was integrated in 2010. Further
developments include
the integration of
state-of-the-art
mobile technology which, in combination with traditional
marketing efforts, are
continuing to be integrated into our strategic plan in 2011 to increase membership and further enhance our position as
a prominent website in the
social networking world for young adults and old teens. In addition, Kiwibox is currently in a
due diligence period with an international social network to increase its
organic growth by acquisition.
With new
ideas and exciting innovations Kiwibox continues to stay up to date and in the
know about expanding into the ever evolving world of Social Media.
This press release contains certain
statements relating to future results, which are forward-looking statements as
that term is defined in the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are subject to certain risks and uncertainties
that could cause actual results to differ materially from either historical or
anticipated results, depending on a variety of factors. Potential factors that
could impact results include the general economic conditions in different
countries around the world, fluctuations in global equity and fixed income
markets, exchange rates, rating agency actions, resolution of pending regulatory
investigations and related issues, including those related to compensation
arrangements with underwriters, pension funding, ultimate paid claims may be
different from actuarial estimates and actuarial estimates may change over time,
changes in technology and internet developments, commercial property and
casualty markets and commercial premium rates, the competitive environment, the
actual costs of resolution of contingent liabilities and other loss
contingencies, and the heightened level of potential errors and omissions
liability arising from placements of complex policies and sophisticated
reinsurance arrangements in an insurance market in which insurer reserves are
under pressure. Further information, concerning the Company and its business,
including factors that potentially could materially affect the Company's
financial results, is contained in the Company's filings with the Securities and
Exchange Commission.
CONTACT: Andre Scholz, +1-212-239-8210,
ascholz@kiwiboxinc.com