Contact Information: Contact: White Label Partnerships: partnerships@umoo.com Media contact: Xenia von Wedel umoo@terpin.com (415) 595-2030
UMOO Launches Social Tournaments
Organize Social Fantasy Trading Competition With Friends, Family and Facebook Buddies; First of Its Kind in Social Stock Gaming Opens for Online Fun With Friends
| Source: UMOO Inc.
NEW YORK, NY--(Marketwire - October 29, 2009) - UMOO, the
largest and fastest-growing fantasy stock exchange in the world, today
unveiled its latest player-organized social tournament on its real-time
virtual stock trading platform. This completely new gaming entertainment
mixes real stock market data with the ability to compare one's performance
against other players instead of the stock market. UMOO offers fast-paced,
highly challenging, skill-based tournaments with real
money prizes, without risking anything other than an entry fee. Players can
opt to play against the UMOO Community or connect with Facebook, Yahoo and
AOL buddies, friends, family or colleagues in a "private" challenge. UMOO
is the only game to offer this fun, easy to use, highly entertaining
package -- the perfect interactive blend of a virtual world, real-life and
social networking that allows users to play as a group and even learn about
the stock market.
UMOO's social entertainment allows players to organize their own buddy
tournaments for fantasy trading on the New York and Singapore stock
exchanges, and offers sets of variable parameters to design competitions
according to their own preferences to share the skill-based game. Players
can organize a one hour, one day or two-week showdown with their best
friends to see who can win the highest cash prizes.
Variable Parameters can be:
Number of competitors: Size can vary anywhere from two to 100 players
Buy-in Fee: Starting at 2 US Dollars
Time: From 1 hour to 100 days
Style of play: Mini
Tournament, Double
Up Tournament, Massive Tournaments
"Competition is the essence of a social game -- measure yourself against
your peers and friends. We make it easier for players to do just that,"
commented Yariv Kafri, Executive Vice President. "Now we are making UMOO a
social fun event beyond the UMOO community, giving players the exclusive
feature of being in control of the terms, players, and design."
The user-design tournament beta is the latest addition to UMOO's innovative
fantasy stock market gaming platform, presenting players with an
alternative, virtual stock market contest where risk is minimal and the
opportunity to win is real. Users pay a fee (buy-in) to enter a tournament
of their choice -- or design one of their own -- where they receive virtual
money with which to build and cultivate simulated portfolios based on
real-time stock market quotes from the S&P 500 in competitive trading
tournaments.
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's office is in New York, NY. To play the game, please visit
http://www.umoo.com.