Kiwibox Com Inc (OTC:KIWB)

Kiwibox.com was founded in 1999 to give teenagers a voice on the internet and was a leader in the teen oriented world for several years. In August 2007, Kiwibox was bought by Magnitude Information Systems, Inc., an SEC reporting company. In 2008, Kiwibox launched its new 2.0 version and in October 2009, it launched its 3.0 version, expanding its market audience to include young adults. These social network technology developments enhanced the Kiwibox platform, enabling its users and members to enjoy one of the most advanced technology networks available to social communities in the marketplace. As of December 31, 2009, Kiwibox Media Inc. merged with Magnitude Information Systems, changing uits name to Kiwibox.com, Inc., the New York-based social network. In the beginning of 2011 Kiwibox acquired pixunity.de a photoblog community and launched its US-Version in the Summer of 2011. Since its acquisition in September, 2011, Kwick! – a top 10 social network community based in Germany, is now part of the Kiwibox.com group.