Penny Stocks on the Move: (PINKSHEETS: ONVO), (OTCQB: FARE)

New York, NY -- (ReleaseWire) -- 01/23/2013 --Organovo Holdings Inc (PINKSHEETS: ONVO) is working together with researchers at Autodesk, Inc., the leader in cloud-based design and engineering software, to create the first 3D design software for bioprinting. The Autodesk Research group is dedicated to innovation and discovery ranging from methods to help users learn powerful digital prototyping tools to visualization and simulation techniques that enable designers to achieve new levels of performance.

Organovo designs and creates functional, three-dimensional human tissues for medical research and therapeutic applications. The company is working in collaboration with pharmaceutical and academic partners to develop human biological disease models in three dimensions that enable therapeutic drug discovery and development.

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World Moto, Inc. (OTCQB: FARE) announced that the Company has successfully closed a private placement for total proceeds of $1m. 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, the world's first motorcycle taxi meter. The placing was made to an accredited investor. A total of 3,703,704 shares of Common Stock were subscribed for at an aggregate purchase price of $.27.

These funds will allow the Company to continue to execute its business plan without delay. World Moto, Inc. is the global authority on the $500 billion dollar a year motorcycle taxi industry and creator of Yes, the "Need it Now!" service.

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View this press release online at: http://rwire.com/198843