Moovit Blasts Past 2 Million Users and Becomes Top App in Key Countries Around the World as it Experiences Record Usage

TEL-AVIV, Israel, NEW YORK, MADRID, September 18, 2013 /PRNewswire/ --

Company Makes Key Hires as It Prepares for Its Next Stage of Growth

Moovit, the worldwide leading crowd-sourced app for real-time public transit navigation, today announced that it crossed the 2 million-user mark, doubling its base over the past three months.

This milestone comes as Moovit has become one of the leading apps in the navigation and transportation category in several countries including England, Spain, Italy, Brazil, Mexico, Colombia, Chile and Israel.

Furthermore the company is seeing record usage with more than 3.5M daily real-time user requests and 10M daily user generated reports.

To prepare for its next growth phase, the company has made some key hires to fortify its product and market expansion areas. Yovav (Jay) Meydad, recently appointed VP Product, brings extensive product leadership experience in U.S and Israeli venture-backed and public consumer web and mobile companies, creating products that have reached tens of millions of users worldwide. Omar Téllez, was appointed President and will be responsible for worldwide market development and distribution. Among other companies, Mr. Téllez, who is based in the Greater New York Area, was part of the executive team that made Synchronoss Technologies the best software IPO of 2006.

"We're excited to be running ahead of plan, and seeing strong adoption of our service by millions of daily commuters, that enjoy a better public transportation experience," said Nir Erez, Moovit's CEO. "With top talent joining us such as Yovav and Omar, we are ready to capture the next growth stage," added Mr. Erez.

Moovit is free and is available for smartphones with the Android and iOS systems. To download visit http://www.moovitapp.com/download/

Download for Android: http://bit.ly/14Vivsc

Download for iPhone: http://bit.ly/11EKWdb

About Moovit

Moovit uses the wisdom of the crowd to dramatically transform the public transportation user's experience by saving time and reducing the level on uncertainty. Using the "Moovit" free mobile app, users plan trips, receive and share real-time information and navigate easily to their destination.

Moovit is currently available in over 65 cities around the world including New York, London, Los Angeles, Madrid, Barcelona, Rome, Sao Paulo, Rio de Janeiro, Bogota, Santiago de Chile, Mexico D.F., Sydney, Toronto, and Tel Aviv among others. The app is free for iPhone and Android.

Media Contacts
Marta Abad
Moovit
marta.abad@moovitapp.com
+34-600-046-503