Monday, March 7, 2011

PeopleString (OTC:PLPE) Passes Quepasa (AMEX:QPSA)

PeopleString (OTC:PLPE) Passes Quepasa (AMEX:QPSA)PeopleString Corporation (OTC:PLPE) announced today the Beta release of its new mobile Social Portal for the iPad and iPhone, featuring its patent pending "InstaPortal" technology. The mobile version of PeopleString's Social Portal allows users to access their Social Portal Pages and favorites tabs on their iPhone and iPad devices. As I write, shares of PeopleString were down 10 cents at $0.70 per share on light volume of just over 22,000 shares. The company has a market cap of $24 million.

The mobile social portal allows users to view continually updating slices of their favorite websites directly on their iPhone or iPad. Users can quickly preview, organize and visit their favorite sites and social networks from these mobile devices. The mobile version of PeopleString's free social portal is available at http://www.peoplestring.com

"Adding the ability for our members to take their Social Portal with them on their mobile devices should help us see continued growth in both membership and site usage. According to recent Alexa statistics, we have seen our reach increase 49%, our page views climb 23% and the average time that a user spends on our site has reached almost 14 minutes," stated Darin Myman, President and CEO of PeopleString. "It's also very exciting to see that in the past 7 days, both our Alexa ranking and the average time spent on PeopleString's site has overtaken the social network QuePasa.com."

PeopleString owns and operates the PeopleString.com's Social Portal that features its patent pending "Insta Portal" technology. Insta Portal allows users to put pieces of their favorite websites on their own PeopleString homepage. The PeopleString Social Portal allows users to organize their favorite sites and pieces of their favorite sites as tabs, bookmarks or Insta Portal previews.

For more information, visit http://www.peoplestring.com.

Distributed by IntelBuilder Social Media Platform

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