Info

Magnitude Information Systems, Inc. owns and operates Kiwibox.com a social networking Website for teens, through its subsidiary. Kiwibox.com is an online social networking Website dedicated to teen users. With approximately 1.8 million registered members, the Kiwibox Website provides online content in several categories, dedicated to teens, including entertainment, fashion and games. It has formed a user-based contingent of contributors that submit, review and comment upon content and articles from all over the world, around-the-clock. Kiwibox.com uses a points reward system for users, where a user may acquire elevated peer status and/or earn prizes, which in many cases are provided by advertiser and/or sponsors. The Company is in the final stages of re-launching its Website scheduled for release in May, 2008.(Source: 10KSB)