Below is an excerpt from an email sent on January 20, 2009.
The Momento Live service will be terminated on February 25, 2009. After that date you will not have access to the Momento Live website or services. However, your Momento frame will be unaffected so you can continue to enjoy viewing your photos on your frame.
The closure of Momento Live web site means you can no longer store your photos on the Momento Live server and/or and share your photos with other Momento Live members.
Looks like CEIVA (around since 1999) has a special offer for all Momento owners.