Magnitude Information Systems, Inc. (Magnitude) (OTC Bulletin Board: MAGY.OB) disclosed today the following developments concerning Kiwibox, its primary business unit.

Kiwibox (http://kiwibox.com), the first social networking destination and online magazine where teens produce, discover, and share content while connecting with friends, today launched Kiwibox 2.0. The latest version of the site offers enhanced features and functionality that significantly increases the overall user experience. These new features include: 

Male, 89 years old, Richmond, Kentucky, United States

Scroll down this MySpace.com page. The About Me section reveals more appropriate details about the user than the biographical sketch, including the page creator's mission: to protect life and and reduce crime.

The page belongs to the Richmond Police Department.

JupiterResearch, a leading authority on the impact of the Internet and emerging consumer technologies on business, has found that rising popularity of social networking sites and other forms of communication including text messaging and cell phone use are beginning to impact the effectiveness of e-mail marketing, particularly the numbers of consumers that say promotional messages inspired purchases.

My Bank Tracker, announced the launch of http://www.mybanktracker.com - a new innovation in personalized banking information, combining user generated content and detailed banking services on America's top financial firms. 

Interactive One, LLC the digital connection for Black America and the new digital division of Radio One, Inc. (NASDAQ:ROIAK and ROIA), the largest African-American multimedia company, launches three new content-driven websites: NewsOne, TheUrbanDaily and HelloBeautiful. The three sites will join BlackPlanet, the premiere social networking site for African-Americans, acquired by Radio One earlier this year, making it the largest online media entity for African-Americans reaching more than 6 million unique visitors monthly. 

Heads up, Facebookers: The Web site isn't just for you and your college buddies anymore.

While social networking sites like MySpace and Facebook may have started out as ways to keep in touch with classmates and amass huge "friends" lists, a growing number of businesses are now using them as cost-effective marketing and recruitment tools.