[December 05, 2012]

Mobile Walkie-Talkie for Facebook Friends: Rallee 'Push-to-Talk' App Launches Today, Company Receives Investment from Noted Global Business Leader Kenges Rakishev

Radio Runt, a Seattle-based technology company focused on introducing innovative communications solutions, today announced the launch of its new free Rallee walkie-talkie app as well as a $1 million investment from international business leader Kenges Rakishev.

As the voice layer for Facebook (News - Alert) in the Google Play Android�marketplace, the app enables individuals and groups to talk in real time with Facebook friends using a first-of-its-kind "push-to-talk" mobile technology platform with a retro interface design. Rallee is now available for free download in the Android (News - Alert) marketplaces and on the Rallee website at�http://rall.ee and will become available for iOS devices later this month.

The company, which is positioning Rallee to become the premier group-centric�audio communications application for social and interest networks, will use the financing and support from Rakishev to further build out Rallee's platform and support its expansion into other geographies worldwide.

"Rallee will be a catalyst for individuals and organizations to create public and private conversations among fans, friends, and members on Facebook - where they can begin dialogues, voice their points of view, and host meetings - with anywhere from one person to one million people at a time," said Tony Bristol, Radio Runt's CEO, a Microsoft (News - Alert) veteran noted in technology circles. "Rallee's push-to-talk and group voice messaging offer significant user benefits over traditional text messaging, including enabling users to express emotions through voice and communicate more quickly without having to spend time and energy typing."

Rallee was created by Bristol and other tech leaders with the goal of enabling people with common social groups and/or interests to easily gather and engage in conversations, as well as text and use multilingual transcriptions. Users may enter a variety of voice-themed groups or create their own groups to hang out, chat with friends and meet new people. Key featuresinclude:

• Easy log-in: Users may simply log in using Facebook, invite friends to the service, and begin talking in real time with one or more friends at the same time.
• Themed groups: Themed groups enable users to jump on voice chats with groups worldwide and talk about topics of interest.
• Visibility: Users can easily see which of their friends are online and click their profile pics to begin chatting.
• Geo-targeting: Rallee's geo-location features enable users to find people nearby to meet and chat.
• Random functionality: Rallee's "Random Feature" enables users to connect with people interested in talking about random topics.

Rakishev, a noted international businessman currently investing in leading-edge U.S. technology innovators, echoed Bristol's enthusiasm: "Rallee is an incredible concept with tremendous potential not only in the U.S. but also in Russia and other Commonwealth of Independent States countries where mobile usage is skyrocketing, and I plan to do my part to help introduce the app in these regions and other emerging markets."

Designated by Forbes as one of the 50 most influential people in�Kazakhstan and also chairman of Net Element International (NASDAQ: NETE), Rakishev is actively working to source technologies abroad and export them to Russia, Kazakhstan and the Commonwealth of Independent States region. He recently announced multi-million dollar investments into U.S.-based TriPlay (News - Alert), Mobli and Net Element International (NASDAQ:NETE), and accepted an advisory board member position at the Canada-based Sprylogics.

About Radio Runt Inc.

Radio Runt Inc., with headquarters in Seattle, is the creator of Rallee, is the premier group-centric, audio-communications application for social and interest networks. Dedicated to catalyzing real-time communications technologies, Radio Runt is actively developing and marketing new technologies that enable people to communicate and connect with one person or as many as one million people at the same time via its innovative push-to-talk voice communications platforms. More information about Rallee and downloads of the app are available at�http://rall.ee

About Kenges Rakishev

Kenges Rakishev, a noted global business leader designated by�Forbes�as one of the 50 most influential people in�Kazakhstan, is an accomplished investor with multiple business interests worldwide. He serves as chairman of the board of directors for several companies including SAT & Company (KASE: SATC), a diversified industrial holding. Benefitting from Kenges' leadership, SAT & Co., which has interests in mechanical engineering, infrastructure projects and petrochemical operations as well as plants and projects in Turkey and China, has grown from its initial investment of $10K in 2000 to more than $500M today. Kenges also is chairman of the board for Kazakhstan Petrochemical Industries, the lead operator constructing the first integrated gas chemical complex in Kazakhstan, as well as Vyborg Shipyard, one of the largest shipbuilding companies in the northwestern region of�Russia. He also serves as chairman of the board of directors of Net Element International (NASDAQ:NETE), a technology driven group in mobile commerce and payment processing, as well as in entertainment and culture Internet destinations in Russia and other emerging markets.

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