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StockGuru News: Metro One Development (MODI) Partners with Interactive Pioneer Imagin8 To Provide Innovative Virtual Products to the North American Housing Market

CONCORD, Ontario, May 7 / — Metro One Development, a custom builder and property developer in the Greater Toronto Area (’GTA’), Canada, announced today that the Company has formed a partnership with Canadian multimedia and interactive pioneer Imagin8 to offer one-of-a-kind 3D virtual walk-through tours to the broad spectrum US and Canadian housing and condominium markets. Also using the products to feature their own housing projects to customers, the Company will be marketing the unique glass-based showcase technology to real estate developers and condo sale centers throughout North America. Metro One’s in- house creative team will be crafting all the related design work, as well as supplying these clients with customized designs for additional architectural projects.

The innovative interactive media platform works through glass. It transforms any glass surface – walls, floors, tables – into a creative form of 3D expression. This vertical application combines Imagin8’s unique technology with motion-reactive video and graphics and creates on-the-spot interaction for anyone viewing its content. The interactive tabletop system turns any ordinary board into an exciting self-activated experience, ie: interactive board. Activated by motion detection, each flat surface can be turned into a unique, customized information system. Visit www.imagin8.ca for further information on the products.

Metro One CEO, Stuart Turk commented, “We firmly believe that unique and interactive presentation is a strong and decisive factor in the success of a real estate sale. It provides a buyer a realistic look and feel of what’s available for purchase, and their customization. The more real a building is, the easier it is for them to make a purchasing assessment.”

Turk continued, “Imagin8’s product line will enable developers and builders to offer a fulfilling and memorable experience for their customers, providing a concise 3-Dimensional view of a building’s layout during all phases of construction, up to the fully completed project. The products also allow a degree of interactivity, adding to the buyer’s individual experience. Coupled with Metro One’s use of the technology to offer made-to-order designs to the broader housing market, we believe that this will be a strong and attractive marketing strategy for the Company.”

About Imagin8

Imagin8 is a Canadian company with the North American distribution rights for the Imagin8 line of interactive products. Based in Concord, Ontario, Imagin8 maintains a staff of technical, creative, and sales professionals dedicated to serving client’s needs.

About Metro One Development, Inc.

Metro One Development, Inc., www.metro-one.com, plans to develop business as a custom builder and property developer in the greater Toronto area. The company plans to acquire and renovate, either on a contract or speculative basis, properties for development or repurpose, after feasibility studies into the strong real estate appreciation potential of an area. Metro One Development, Inc. plans to strategically target growing affluent areas. As a broad spectrum developer and innovator that intends to cater to the consistently strong greater Toronto real estate market, the company intends to offer unique and exclusively designed — and of exceptional quality – housing, commercial, retail and industrial properties.

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 securities and exchange commission including those on the company’s annual report on form 10-KSB. The company does 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 management’s expectations, except as required by law. Metro One Development, Inc.

Source: Metro One Development, Inc.

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