NEW YORK, April 21, 2015 /PRNewswire/ -- Kiwibox.com
("Kiwibox"), (OTCBB: KIWB) is pleased to announce the activity and
user development increases made during the first quarter ended
March 31, 2015.
FIRST
QUARTER OPERATIONAL HIGHLIGHTS
OF KIWIBOX GROUP
- Active Members – 4.17 Million as of March 31st, an increase of approximately 17 %
over the 4th quarter 2014
- New Registrations – 635,472 in 1st quarter 2015, an
increase of approximately 23 % over the 4th quarter 2014.
- Unique Visitors – 5.6 Million in 1st quarter 2015, an
increase of approximately 10 % over the 4th quarter 2014.
- Page Impressions – 512.76 Million in 1st quarter 2015, a
slight decrease of approximately 5 % from the 4th quarter
2014.
- Guestbook Entries – 146.2 Million as of March 31st, 2014, an increase of approximately 2%
over the 4th quarter 2014.
- Blog Entries – 102.5 Million as of March 31st, an increase of approximately 8% from
the 4th quarter 2014.
"Witnessing this first quarter surge of new user sign-ups,"
noted Andre Scholz, Kiwibox's
President and CEO, "averaging 9,500 per day, confirms our Kiwibox
strategy to focus our new apps on providing connectivity for the
mobile Kiwibox community so that all of our members stay tuned and
participate in Kiwibox's events and sharing. We continue to see
these gratifying results and membership growth," continued CEO
Scholz, "all as a result of our continuing efforts to provide new
and cutting-edge apps to our membership community".
Market Position
The Kiwibox Group is in a unique position because it combines
the excitement of a dating community with the benefits and
accessibility of a real social network. The Kiwibox Group
encourages members to explore local events in their area, connect
with other members and enjoy the additional member exclusive
benefits the social network is offering, such as games, blogging,
chatting, picture-sharing and online-flirting. This community
behavior binds users to the platform and is the base for our viral
marketing.
Technology Development
The Kiwibox Group is focusing on the fast growing mobile usage
phenomenon, being online with friends any time and
everywhere. The Kiwibox Group released multiple new app updates
during the 1st quarter for its iOS and Android Applications and
restructured its eventpages for primary ads booking.
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 the first quarter of 2011, Kiwibox.com
acquired Pixunity.de a photo blogging community. On September 30, 2011 Kiwibox.com acquired the
German social network community KWICK!, finalizing the acquisition
in May 2012 and currently our
20 % owned German affiliate. 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, its ability to expand its membership, users
and internet brand and its projected financial results. 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.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/kiwiboxcom-calendar-year-2015-starts-with-an-explosion-in-new-membership-300069343.html
SOURCE Kiwibox.com
