Contact Information: Contact: Xenia von Wedel Terpin Communications for Umoo dazzboard@terpin.com (415) 595-2030
UMOO Fantasy Stock Trading Platform Eclipses Two Million Trades in First Nine Months of Beta
Skill-Based Tournaments Have Earned Over $500,000 for Top 100 Players in Largest, Fastest-Growing Fantasy Stock Exchange in the World
| Source: Umoo Inc.
NEW YORK, NY--(Marketwire - September 15, 2009) - UMOO, the
largest and fastest-growing fantasy stock exchange in the world, today
passed two million stock trades on its real-time virtual stock trading
platform. Since its beta launch in
December 2008, UMOO has
gained broad appeal among an array of stock market enthusiasts as well as
fantasy sports enthusiasts and casual gamers alike.
An innovative real-time gaming platform that mixes real stock market data
with the ability to compare one's performance against other players (and
not just the market), UMOO offers fast-paced competitive tournaments with real
money prizes, yet without risking anything other than their entry fees
(similar to a chess tournament).
Think you can outguess the market? UMOO players have consistently
outperformed the S&P 500 and the best and brightest UMOO competitors have
won more than $500,000 with their stock picks. In fact, the top player on
UMOO has earned more than $75,000 without risking anything more than entry
fees from $2 to $50. Perhaps he's ready now to have his own talk show!
"UMOO lets players experiment first in learning mode for free," said Yariv
Kafri, Executive Vice President. "Then, as they see their picks win virtual
money, they are ready to put up a small entry fee and compete against other
players. This platform is both fun and entertaining and lets users play
the stock market for free or for the cost of a small entry fee, before they
decide down the road to commit tens of thousands of dollars to the real
stock markets."
About UMOO
Umoo is a fantasy stock trading platform, offering players around the world
the ability to experience the thrills of real-time stock exchange trading
for fun or profit, while minimizing risk by allowing the users to play
against each other and not the market itself. With accounts available by
subscription and a pay-as-you-play option, users can choose from a variety
of tournaments to compete in or to create new tournaments with friends.
UMOO is based in Israel with US headquarters in New York. To play the game,
please visit http://www.umoo.com.