The first family-oriented social network was launched for Russian-speaking Web users, offering the option of searching for relatives, to gather information about one's family and to befriend other families, reported Lenta.ru.

FamilySpace will also allow members to construct family trees, keep a family diary and calendar as well as get access to historical address books from Moscow and Saint Petersburg. In addition, it provides “traditional” social networking tools such as photo-hosting and the chance to make new friends.

Its developpers expect to attract a minimum of half a million subscribers in the first year following its launch. Investments are predicted to amount to US$ 500,000, according to Lenta.ru.