The location-aware, mobile social network application GyPSii has launched its free iPhone application [iTunes link] today. It allows users to create and share “geotagged” content in real time with friends.

GyPSii delivers an all-in-one mobile social networking experience.  It allows people to instantly capture and share what they are actually doing, building a multi-media virtual diary on their world – the places they have been and the things that they have done.

GyPSii users can automatically update their status across other social networks such as Twitter and Facebook via the GyPSii Connect service.

The launch of our iPhone app, according to Shane Lennon, SVP Product Management and Marketing at GyPSii, also marks the launch of the company's next generation of user experience (UX).

The GyPSii iPhone application is currently available in English and Chinese.

[via RealWire]