MaYoMo Launches Next-Generation 'Social News Network'

NEW YORK, NY, Oct 05 (MARKET WIRE) --
MaYoMo (Map Your Moments, www.mayomo.com), a powerful, new video-centric
social network for mobile citizen journalists and the most inspired
alternative source for global, multimedia news content, today announced
the full, public launch of its site. Unlike other sources of world news,
MaYoMo delivers independent, global news content with Web 2.0 convenience
and flexibility. It is designed for both journalists and independently
minded, socially and globally aware readers around the world who need a
new, socially-connected, real-time platform for global news reporting --
and conversation about that news.

"MaYoMo allows users to ask and answer the question, 'What's happening,
where and when?'" said Hristo Alexiev, CEO and cofounder of MaYoMo. "We're
a 'social news network' for journalists and their readers, empowering a
new era of Internet news creation and distribution. A key difference with
our model is that we attract content from both young, aspiring
journalists, as well as experienced independent journalists and bloggers."

MaYoMo is the first place where the interaction between the audience and
media goes to another level, allowing users to request news from specific
places and on specific topics, providing direct feedback about users'
interests. The MaYoMo platform allows users to place their news reports
not only in the real world, but in "Virtu" as well -- a continent with
virtual countries, such as Second Life, World of Warcraft, and dozens
more.

A "Timeline" feature lets site visitors see a retrospective of news from
the past, as well as a prognosis for future news. The Timeline also works
well with the "News Requests" feature, by which you can ask for more
information or events from the past, present, and even the future.

Access to all content on the MaYoMo website is free. Anyone can quickly
create an account and start contributing content and uploading photos,
video, and other media assets -- from a variety of devices, including
video-enabled phones. Contributors who have met certain criteria can
create their own "channels" and generate income from them. When a
contributor has a channel, he or she will have options to help create
better and more frequently viewed content.

MaYoMo already has unprecedented geographic coverage for a new online
global news site. Since it was first launched in an "alpha" version in Q4
2008, and during its subsequent "beta" program in 2009, members from 120
countries have already posted more than 57,000 news articles. The
brand-new, improved design of the MaYoMo site is based on extensive
feedback from users during the beta phase.

To show its commitment and focus on becoming a credible source in the new
era of Internet journalism, MaYoMo has also launched a program with
journalism schools in the U.S. and other countries. The objective is to
promote its site as an ideal forum for students to apply their skills and
become published writers on the global stage.

About MaYoMo

MaYoMo is a web-based platform for user-generated news, by which users can
upload materials from either computers or mobile devices, empowering a new
era of Internet news creation and distribution. It is a platform for
user-generated news that lets users ask and then learn, "What's happening,
where and when?" With an ever-expanding corps of mobile citizen
journalists reporting from every corner of the globe, MaYoMo is shaping
the evolution of journalism and delivering the world's most inspired
multimedia news content. Thanks to MaYoMo's highly unique and
entrepreneurial "news channel approach," professional and student
journalists can create and manage their own custom news channels,
unleashing new career and income opportunities via the company's shared
advertising revenue model. To experience the power of news like never
before, and participate in the future of journalism and news content
distribution, please visit www.mayomo.com.

Contact:
Susan Donahue
Skyya Communications
ph: +1 646 454 9378
Email Contact

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