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Mobile Monday Officially Launches the Greatly Anticipated...MOMENTUM, the First Ever Equity-Free Accelerator Program Created to Help Propel the Most Innovative Mobile Technologies Forward

San Francisco, CA, May 15, 2013 (GLOBE NEWSWIRE) -- (http://www.myprgenie.com/) -- Mobile Monday, Silicon Valley's authority for all things mobile with the world's largest mobile community, today launches the first ever mobile focused equity-free accelerator program, Momentum. Momentum is the first accelerator program to offer a completely FREE twelve week program for selected post-seed stage companies based in San Francisco's Rocketspace. The winning start-ups get invaluable mentorship by leading entrepreneurs and industry veterans. Winners also receive free office space, weekly workshops, and industry dinners to network with a variety of successful leaders in Silicon Valley.

"Our goal is to help startups accelerate their businesses and develop deeper relationships that can lead to commercial deals and partnerships," said Mr. Tapia, founder of Mobile Monday Momentum. "One of the most valuable things an entrepreneur can gain is advice and real-world operating guidance from successful entrepreneurs who have walked in their shoes. We believe the entire technology ecosystem benefits by getting introduced to these outstanding mobile technologies."

Momentum's founders include industry veterans: Mario Tapia, Arte Merritt, Ryan Bloomer, Mike Rowehl, and Mike Chen. The mentors include a "who's who" of the technology industry, including serial entrepreneur Seamus McAteer, founder and CEO of Metaresolver, which was recently acquired by Millennial Media. Sponsors for the Momentum Program include: Samsung, Paypal, Intuit, RocketSpace, and law firm WSGR.

Hundreds of impressive start-ups from all around the world applied for this year's Momentum Program. Five outstanding technologies were selected. Winning criteria included: make-up of the team, product concept, initial traction, and market opportunity. "We are very excited to launch the Momentum Program with this strong class of entrepreneurs, our sponsors, and mentors," said Mr. Tapia.

Momentum's Class of 2013 includes:

Fiverun, www.fiverun.com - Fiverun brings the "Apple Store" shopping experience to any brick and mortar retailer, enabling retail associates to sell more, faster, directly from a tablet, which unifies online and offline products into a single shopping cart.

Locomizer, www.locomizer.com - Locomizer is an enterprise, location analytics platform that enables audience discovery for relevant targeting.

Orbeus, www.orbe.us - Orbeus is a cloud-based, visual recognition engine that can make sense of faces, scenes, and objects in both images and videos.

PocketMath, www.pocketmathc.om - PocketMath is a mobile Demand-Side Platform that optimizes ads through real-time bidding.

Squrl, www.squrl.com - Squrl is a mobile platform for discovering and watching both long and short form video content.

Mobile Monday's Momentum Program will accept new applicants starting in the fall. Details on how to apply can be found at: http://momentum.mobilemonday.us/apply/

About Mobile Monday's Momentum:

Mobile Monday is a non-profit operating in over 125 cities around the world. Momentum is kicking off its first class this May and is sponsored by Samsung, Paypal, Intuit, RocketSpace, and law firm WSGR. More information can be found at momentum.mobilemonday.us.

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CONTACT: Diana Vincent-Galvan, dianavincent@yahoo.com, 408 921 7675 Source: Mobile Monday Momentum