Moto-Meter(TM) Granted a Patent in Morocco Until 2033

NEW YORK, NY--(Marketwired - Apr 21, 2014) - World Moto, Inc. (OTCBB: FARE) (OTCQB: FARE) (BERLIN: WM7) (BERLIN: A1J8SY) ("World Moto" or the "Company") is pleased to announce that it has been awarded a patent on the Moto-Meter™ technology until 2033 in Morocco. Changing the way the world goes around, World Moto is a global authority on the $500 billion dollar a year motorcycle taxi industry and inventor of the Moto-Meter™, Wheelies™, and Yes™.

Africa is home to the highest population of motorcycle taxis on earth, where vast fleets ply the streets to provide essential mobility for up to half a billion people each day. World Moto's success in securing patent protection for the Moto-Meter™ in Africa's 1st, 2nd, and 5th largest economies (Nigeria, South Africa, and Morocco, respectively), gives it a commanding position to access the vast opportunities from the Mediterranean Sea in the north all the way south to Cape Town.

World Moto has filed for patent prosecution of its Moto-Meter™ technology in 61 countries throughout Asia, Africa, Europe and the Americas. These countries were carefully selected to cover most of the world's mototaxi and autorickshaw fleets and population. Morocco granted the patent as filed, with no changes or office actions required on any of its 28 claims, and will remain in force until March 6th, 2033. Nigeria was the first locality to complete its investigations and issue a patent. Mexico and South Africa were the second and third countries, respectively, to grant or signal their intention to grant a patent. Together these four countries have 380 million people or 5% of the world's population. The remaining 57 countries are currently in the substantive evaluation period and are expected to complete their investigations within the next four years. Based on its success in Nigeria, Mexico, South Africa, and Morocco, and its original favorable review from the Patent Cooperation Treaty Examiner, the Company expects ultimately to be awarded a patent in every targeted jurisdiction.

Morocco is one of many countries where distributors have expressed strong interest in the Moto-Meter™.

About Morocco: Morocco, officially the Kingdom of Morocco, is a country in North Africa, bordering the North Atlantic Ocean and the Mediterranean Sea. Morocco has a population of over 33 million; its largest city is its main port, Casablanca. A historically prominent regional power, Morocco is a major tourist destination and home to many multinational companies attracted by Morocco's geographical and cultural proximity to Europe. Morocco is a major player in the African economic affairs, and is the 5th African economy by GDP (PPP). Morocco is a member of the World Trade Organization and included in the European Union's European Neighbourhood Policy‎ (ENP).