World Moto, Inc. (FARE) FARE (“World Moto”) recently reported that it has selected Thailand-based SVI Public Company Ltd as its manufacturing partner for production of the Moto-Meter (
www.svi.co.th ). This strategic decision allows FARE (“World Moto”) to scale its production rapidly to meet demand for the device. Changing the way the world goes around, World Moto is a global authority on the $500 billion dollar a year motorcycle taxi industry and inventor of the Moto-Meter, the world's first motorcycle taxi meter.The decision allows FARE (“World Moto”) to concentrate on sales and innovation while having the resources to grow its manufacturing as necessary to meet any required demand. SVI Public Company Ltd provides an end to end solutions approach to manufacturing and has extensive experience in automotive and industrial design. SVI Public Company Ltd's research and development division is capable of designing all required automated test procedures in order to guarantee the Moto-Meter is free of defects once installed in the field.
FARE(“World Moto”) previously reported that the Company has entered into a distribution agreement with Lucky Distributors, Ltd..Lucky Distributors, Ltd is a national distribution company based in Thailand, a potential market for World Moto in excess of $100 million in Moto-Meter sales alone. World Moto, Inc (OTCBB: FARE ) (OTCQB: FARE ) (BERLIN: WM7) ( FRANKFURT: A1J8SY) is the global authority on the $500 billion dollar a year motorcycle taxi industry and creator of Yes, the “Need it Now!” service. World Moto has revolutionized the taxi industry by inventing the Moto-Meter, a landmark device that CNN, Newsweek, Wired, Moneylife, among others, are calling “the world’s first motorcycle taxi meter” and “world’s first portable taxi meter” and “first-ever black box for motorcycles,” while the Times named it “one of the most significant innovations of this decade” and Fast Company declared it “The First Real Taxi Meter Innovation in 100 Years…a $3 billion dollar idea.”Watch the Moto-Meter in use on motorcycle taxis:
www.worldmoto.com/videos.phpWatch Yes:
www.worldmoto.com/yes.phpTo find out more about World Moto, Inc. visit
www.worldmoto.com .In my opinion this is a stock to watch! ( Read Full Disclaimer at
http://crweselect.com/disclaimer )http://crweselect.com/32299/stock-alerts/world-moto-selects-svi-public-company-ltdi-as-its-manufacturing-partner-for-the-moto-meter-fare/