Kiwibox.com: Pixunity Platform
NEW YORK, Sept. 25, 2012 /PRNewswire/ -- Kiwibox.com, Inc.
[KIWB.BB] expands Pixunity for its photo blogging community throughout the world with its latest platform launch in the French
language. Accessed via "www.communaute-de-photos.com", Pixunity's photoblogging
and sharing options will offer to the French-speaking world an interactive experience by designing and sharing photobooks.
In September, 2012, Kiwibox integrated for the first time, origin-based
advertisements on its pixunity sites and has witnessed a more than 150% increase in the usage of its platform, with members creating
new photo album sharing sessions. Pixunity has now more than 25.000 members tied together and sharing their photo experiences.
The designs and customizations offered in Pixunity will serve
as a launching point for photo sharing by French users: while over 75% of the country's internet users use at least one social
network and log on at least once per day, the French rank just below the top 10 countries in photo uploading and sharing statistics
globally. Yet, 63% of French internet users blog with regular frequency, giving rise to Pixunity and how it can transcend traditional
Pixunity is now available in the German, English, Spanish, Chinese,
Russian, Indian and French languages.
About Kiwibox.com: Company History
Kiwibox.com was initially founded in 1999 to give teenagers
a voice on the internet and was a leader in the teen oriented world for several years. In August 2007, the company was bought
by Magnitude Information Systems, Inc., a publicly listed company. In 2008, the company launched a new version, Kiwibox 2.0 and
in October 2009 the company launched Kiwibox 3.0, shifting its audience focus from teenagers to young adults. On December 31,
2009, Kiwibox Media Inc. merged with Magnitude Information Systems and changed its name to Kiwibox.com, Inc., the New York-based
social network. In the first quarter of 2011, Kiwibox.com acquired Pixunity.de, Half a year later Kiwibox.com successfully released
an English-Version for the US-market, www.pixunity.com. On September 31st, 2011 Kiwibox.com
acquired the German social network community Kwick!, and finalized the acquisition in May 2012. KWICK!'s functionality mirrors
that of Kiwibox,com, and maintains an activity rate of more than 2 billion page impressions a month. In the 2nd Quarter 2012 Kiwibox.com
announced the Spanish versions of its social network platforms kiwibox.com and Kwick.de . Kiwibox common shares are listed on
the over-the-counter, Bulletin Board market under the symbol KIWB.OB.
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, which include but are not limited
to, statements regarding the company's potential acquisitions, its ability to obtain financing for these acquisitions, its ability
to integrate any acquisition into its business and operations and manage such processes, and its ability to expand its membership,
users and internet brand. The company's actual results could differ materially from those predicted or implied and reported results
should not be considered as an indication of future performance. Factors that could cause or contribute to such differences include,
but are not limited to: the after effects of the global economic downturn, changes in political, business and economic conditions,
including any conditions that affect ecommerce growth; fluctuations in foreign currency exchange rates; the company's ability to
deal with the increasingly competitive ecommerce environment, including competition for its targeted internet audiences, potential
advertisers and, in general, from other social networks; the company's need and ability to manage other regulatory, tax and litigation
risks as its services become offered in more jurisdictions and applicable laws become more restrictive; any changes the company
may make to its market approach and offerings; the company's ability to upgrade and develop its systems, infrastructure and user-member
service capabilities at reasonable cost; and the company's ability to maintain site stability and performance on its site while
adding new products and features in a timely fashion. The forward-looking statements in this release do not include the potential
impact of any acquisitions or divestitures that may be announced and/or completed after the date hereof.