MTRO Metro One Development Inc New (CE)

Metro One Development, Inc. (PINK SHEETS: MTRO) ('the Company'), a digital out of home media company, announced today that it has shared its technical knowledge with Innovative Product Opportunities Inc., in exchange for 1,000,000 common shares of their company.

Stuart Turk, CEO of Metro One stated, "This is a great opportunity for both our companies to further advance the product. The 1,000,000 shares will be distributed, pursuant to a trust held for the benefit of the shareholders of Metro One Development, Inc., after Innovative Product Opportunities registration statement filed with the Securities and Exchange Commission is declared effective and its shares are quoted on the Over-the-Counter Bulletin Board."

Turk continues, "Once their shares are quoted on the Over-the-Counter Bulletin Board, a dividend date will be set and the trust will distribute the shares prorated to each Metro One shareholder on the record date set for the distribution."

About Innovative Product Opportunities Inc.

Innovative Product Opportunities Inc. is a full-service product development firm meeting the needs of new and immerging product ideas available for sale today and in the future. Their Certified Engineering Technicians can be involved with a project, from design through prototyping and construction. They offer project management to assist in the production of finished parts ready to market.

About Metro One Development, Inc.

Metro One Development, Inc., http://www.metro-one.com, plans to develop an interactive out of home media company giving the consumer more control over their media experience and creating highly entertaining branding displays that respond to the physical movements of the consumer.

This press release contains forward-looking statements that involve a number of risks and uncertainties. Any statement not regarding a historical fact is a forward-looking statement. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, the company's ability to finance its planned expansion efforts; the company's ability to raise funds on acceptable terms, the company's ability to secure advertisers; the company's ability to successfully adapt its business model and such other risks disclosed from time to time in the company's reports filed with the securities and exchange commission including those on the company's annual report on form 10-K. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management's expectations, except as required by law.

Contacts: Metro One Development, Inc. Al Kau Investor Relations (888) 795-3166 (California) al@thesearchforvalue.com www.metro-one.com