Metro One Development Prepares for Ad Sales

CONCORD, ONTARIO--(Marketwire - 11/06/09) - Metro One Development, Inc. (PINK SHEETS:MTRO - News)('the Company'), a digital out of home media company, announced today that it has started approaching advertiser located within the two malls that now offer StepOne . Stuart Turk, CEO of Metro One stated, "At full capacity each mall location would run between 15 and 30 advertisers per month with annualized revenue generation of $125,000 to $200,000 per location."Turk continues, "As we work to add new sites over the next few months advertisers will be able to gain increased product visibility and key viewer data allowing them to target the retail customers needs. StepOne continues to be the right solution for those requirements."About Metro One Development, Inc.Metro One Development, Inc., http://www.metro-one.com, plans to develop an interactive out of home media company giving the consumer more control over their media experience and creating highly entertaining branding displays that respond to the physical movements of the consumer.This press release contains forward-looking statements that involve a number of risks and uncertainties. Any statement not regarding a historical fact is a forward-looking statement. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, the company's ability to finance its planned expansion efforts; the company's ability to raise funds on acceptable terms; the company's ability to successfully adapt its business model and such other risks disclosed from time to time in the company's reports filed with the...
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Metro One Development Issues Corporate Update

CONCORD, ONTARIO--(Marketwire - 11/02/09) - Metro One Development, Inc. (PINK SHEETS:MTRO - News) ('the Company'), a digital out of home media company, announced today it is continuing to implement its business plan for its interactive large-format advertising business. Stuart Turk, CEO of Metro One stated, "We have launched several interactive setups of the technology to promote businesses within high-end shopping complexes. Immediate reactions have been very positive, as the public interacts with the advertising campaign tailored to the retail businesses. The set-ups are able to generate real-time data for the advertiser, used to measure the success of the interaction with the technology. The customized graphics created & uploaded to the units are easily accessed so simple product changes or specialized sales options are quick, easy and profitable."Turk continues, "We are working to add several new sites over the next few months as we strive to be a leader in this new segment of the digital interactive advertising market. Our digital technology allows us to increase the number of ads and can remotely accommodate instant ad requests for limited-time offers from clients at a premium. This is especially effective in retail establishments located in malls where spur of the moment sales campaigns can happen anytime. StepOne is just the right solution for those requirements."About Metro One Development, Inc.Metro One Development, Inc., ...
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Metro One Announces Successfully Deployment of Two Interactive Floors in Leading Shopping Centers

CONCORD, ONTARIO--(Marketwire - 10/21/09) - Metro One Development, Inc. (PINK SHEETS:MTRO - News) ('the Company'), a digital out of home media company, announced today in association with Imagin8 that it has completed the successful deployment of StepOne in two leading high-end shopping centers in southern Ontario. Stuart Turk, CEO of Metro One stated, "This is a significant milestone as our solution is the first implementation in Canadian malls that utilize an interactive digital sign with complete measurement capabilities."Turk continues, "These installations are a major step in building our business as we will use them as part of our out of home network for advertising sales to mall tenants and other vendors. The installations continue to demonstrate our capabilities of delivering interactive floor solutions in public spaces."About Imagin8Imagin8 is a Canadian company providing hand and body motion-based interactive digital technologies that are designed to enhance new consumer experiences from touch-screens to floor-screens. Imagin8 maintains a staff of technical, creative, and sales professionals. Imagin8 offers a wide range of digital content and solutions for interactive floors, walls, windows, and tables and is a leader in providing touch and multi-touch multi-surface capability. Visit Imagin8 at www.imagin8.ca...
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METRO ONE DEVELOPMENT, INC Financials

PERIOD ENDING30-Apr-0931-Jan-0931-Oct-0831-Jul-08Total Revenue -   -   -   -  Cost of Revenue -   -   -   -  Gross Profit -   -   -   -  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative242  410  1,839  419  Non Recurring -   -   -   -  Others -   -   -  39  Total Operating Expenses -   -   -   -  Operating Income or Loss(242)(410)(1,839)(458)Income from Continuing OperationsTotal Other Income/Expenses Net131  245  1,710  (2,292)Earnings Before Interest And Taxes(111)(165)(129)(2,750)Interest Expense -   -   -  692  Income Before Tax(111)(165)(129)(3,441)Income Tax Expense -   -   -   -  Minority Interest -   -   -   -  Net Income From Continuing Ops(111)(165)(129)(3,441)Non-recurring EventsDiscontinued Operations -   -   -  (3,939)Extraordinary Items -   -   -   -  Effect Of Accounting Changes - &n...
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METRO ONE DEVELOPMENT, INC Files SEC form 10-Q, Quarterly Report

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION. INTRODUCTION The following discussion and analysis of financial condition and results of operations is based upon, and should be read in conjunction with, our unaudited consolidated financial statements and related notes thereto included elsewhere in this report, and in our Form 10-KSB for the year ended July 31, 2008. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This report contains "forward-looking statements" that involve risks and uncertainties. We generally use words such as "believe," "may," "could," "will," "intend," "expect," "anticipate," "plan," and similar expressions to identify forward-looking statements. You should not place undue reliance on these forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons, including general economic conditions, the markets for and market price of our products, the strength and financial resources of our competitors, our ability to find and retain skilled personnel, the results of our financing efforts, regulatory developments and other risks described in our annual report on Form 10-KSB and our other filings with the Securities and Exchange Commission and risks described elsewhere in this report. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law. CRITICAL ACCOUNTING POLICIES AND ESTIMATES The preparation of financial st...
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Metro One Announces the Development of a Portable Interactive Floor System

CONCORD, ONTARIO--(Marketwire - 07/16/09) - Metro One Development, Inc. (PINK SHEETS:MTRO - News) ('the Company'), a digital out of home media company, announced today in association with Imagin8 that it has developed a portable interactive floor system that can be used to conveniently demonstrate the technology or by our customers at marketing events, trade shows, small retail shops and parties. Stuart Turk, CEO of Metro One stated, "This advancement can give us a significant advantage in our current marketing efforts allowing us to bring the technology to our potential customers and demonstrate the product in real time at their location. The PortaOne will share the same features and benefits as StepOne with the added benefit of its portability."Turk continues, "This will allows us to enter new markets that are restricted by setup time and allow our customers to create an interactive floor by just plugging in the unit, a true Plug n' Play device."About Imagin8Imagin8 is a Canadian company providing hand and body motion-based interactive digital technologies that are designed to enhance new consumer experiences from touch-screens to floor-screens. Imagin8 maintains a staff of technical, creative, and sales professionals. Imagin8 offers a wide range of digital content and solutions for interactive floors, walls, windows, and tables and is a leader in providing touch and multi-touch multi-surface capability. Visit Imagin8 at ...
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Metro One Announces Implementation of an Interactive Floor in a Leading Canadian Retailer

CONCORD, ONTARIO--(Marketwire - 07/14/09) - Metro One Development, Inc. (PINK SHEETS:MTRO - News) ('the Company'), a digital out of home media company, announced today in association with Imagin8 that it will begin implementation over the next few weeks of an interactive floor trial in a leading Canadian retailer. The retailer with hundreds of locations across the country will use StepOne to promote its brands and educate consumers about their products in a fun and engaging way.Stuart Turk, CEO of Metro One stated, "This is another significant milestone as we continue our commitment to delivering interactive floor solutions. The overall in-store experience can be measured in order to assist the retailer and successfully monitor its digital signage campaigns."Turk continues, "Metro One is dedicated to embedding interactive solutions into a variety of industry applications."About Imagin8Imagin8 is a Canadian company providing hand and body motion-based interactive digital technologies that are designed to enhance new consumer experiences from touch-screens to floor-screens. Imagin8 maintains a staff of technical, creative, and sales professionals. Imagin8 offers a wide range of digital content and solutions for interactive floors, walls, windows, and tables and is a leader in providing touch and multi-touch multi-surface capability. Visit Imagin8 at ...
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Metro One Development, Inc.: StepOne Deployed at Telecom Summit 2009

CONCORD, ONTARIO--(Marketwire - 07/06/09) - Metro One Development, Inc. (PINK SHEETS:MTRO - News) ('the Company'), a digital out of home media company, announced today in association with Imagin8 that it has successfully deployed StepOne, an interactive floor technology at the Telecom Summit 2009 Conference. The conference's sponsors used StepOne to deliver their message in an interactive and engaging format. Stuart Turk, CEO of Metro One stated, "This is a significant milestone as we continue our commitment to delivering interactive floor solutions. The StepOne solution plays a large role in developing the Metro One ecosystem to embed interactive solutions into a variety of industry applications."Turk continues, "Metro One is dedicated to accelerating the proliferation of interactive solutions."About Imagin8Imagin8 is a Canadian company providing hand and body motion-based interactive digital technologies that are designed to enhance new consumer experiences from touch-screens to floor-screens. Imagin8 maintains a staff of technical, creative, and sales professionals. Imagin8 offers a wide range of digital content and solutions for interactive floors, walls, windows, and tables and is a leader in providing touch and multi-touch multi-surface capability. Visit Imagin8 at www.imagin8.caAbout Metro One Develop...
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Metro One Development Prepares Implementation at Two Leading Shopping Centers in Southern Ontario

CONCORD, ONTARIO--(Marketwire - 06/26/09) - Metro One Development, Inc. (PINK SHEETS:MTRO - News) ('the Company'), a digital out of home media company, announced today it's in the process of implementing StepOne an Interactive floor at two leading high-end shopping centers in southern Ontario. The 10 foot by 12 foot interactive digital signage displays strategically located in high traffic areas will be controlled and managed by Metro One's network operation centre located in Concord, Ontario using its proprietary centralized digital signage management systems. The system operates over the internet and supports any number of interactive digital displays in the network and are controlled to display simultaneous and/or different advertisements in real-time.Stuart Turk, CEO of Metro One stated, "Our business model encourages a highly collaborative and profitable partnership for companies to be able to build their own interactive digital advertising network with Metro One as the technology partner. The current interactive installation is in collaboration with Imagin8."Turk continues, "Our interactive digital technology allows us to increase the number of ads and can accommodate instant ad requests for limited-time offers from clients at a premium. This is especially effective in retail establishments located in malls where spur of the moment sales campaigns can happen anytime. StepOne is just the right solution for those requirements."About Imagin8Imagin8 is a Canadian company providing hand and body motion...
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Metro One Development Issues Corporate Update

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