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WikiLoan, Inc.: WikiLoan Clarifies New Feature

^{Published on 2009-09-08 08:47:27, Last Modified on 2009-11-02 11:47:16 - Market Wire}
 

DELRAY BEACH, FL--(Marketwire - September 8, 2009) - WikiLoan, Inc. (OTCBB: [ WKLI ]), a financial social network, today launched a new initiative called "Wikinvite," which allows users to upload email addresses from their favorite provider and send an invitation to family and friends to view and potentially lend to a person in need.

The new feature is only available for access and use by borrowers after a loan listing has been completed. Once a borrower has set up a loan listing, a click on "Wikinvite" will enable the borrower to send emails to designated family and friends via Wikiloan's website.

About WikiLoan

WikiLoan ([ http://www.wikiloan.com/ ]) is a Social Network with a focus on finance. At WikiLoan.com, family and friends can borrow and lend money among themselves at rates suitable to their respective needs. The company's website provides repayment schedules and documentation for loans between family and friends, along with proprietary administrative tools, which enable users to securely pull credit reports and automate the loan repayment process.

Investors may contact: WikiLoan, Inc., 561-865-5310 or Frank Hawkins or Julie Marshall, Hawk Associates at 305-451-1888, e-mail [ wikiloan@hawkassociates.com ].

This release contains various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which represent the company's expectations or beliefs concerning future events of the company's financial performance. These forward-looking statements are further qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements. These factors include the effect of competitive pricing, the company's dependence on the ability of third party manufacturers to produce components on a basis which is cost-effective to the company, market acceptance of the company's products and the effects of government regulation. Results actually achieved may differ materially from expected results included in these statements.