Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 27068
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 33207
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 39411
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Modavox and BlackAthlete Sports Network to Webcast the First International Basketball Tournament Tuesday May 15, 12:10 pm ET Tournament will Feature a Reality Series and US Championship Game Between the Best Street Ball Players at Madison Square Garden in New York with Winners to Face Chinese Champions in China
PHOENIX & NEW YORK--(BUSINESS WIRE)--BlackAthlete Sports Network, LLC (BASN) has developed the first ever global professional street basketball tournament that will launch with a US Championship Game in Madison Square Garden in New York City. The tournament will culminate in China in August with American players touring four cities. The tournament will feature the top 12 Chinese Street Basketball players and streetball champions from the United States. In addition, BASN is creating a television reality series filmed in both countries. The series will broadcast on Dragon TV, a leading television network in China. BASN has formed a leading-edge partnership with the Chinese StreetBall Association (http://www.csba.com.cn) that has provided organization and talent for the tournament and television series. ADVERTISEMENT
Modavox (OTCBB: MDVX - News) is the exclusive Internet broadcasting provider for the events and reality series and will provide website environments that will deliver high-quality video, audio, and interactive components to StreetBall fans Worldwide. BASN and Modavox will be partnering with Madison Square Garden for the US Championship broadcast and Dragon TV for delivery of the Chinese leg of the events in August. The event will broadcast from the BASN websites located at www.blackathlete.com and www.chineseathlete.com and will be syndicated to sponsor, advertising and related association sites across the web.
"Together along with StreetBall Associations in both China and the US the BlackAthlete Sports Network is producing an international sports competition that combines an exciting championship series with a reality TV program that will provide a view of players experiencing new cultures and places, and then taking those collective experiences on to the basketball court," said Roland Rogers, President and CEO of BlackAthlete Sports Network, LLC. "This series of events will combine sports and international lifestyles in a unique way that the Internet is perfectly suited for delivering. Modavox provides the global platform that enables us to reach viewers across the globe while providing unique interactive components that enrich our Internet broadcasting initiatives."
Paul Lyons, Interactive Sales Manager for Modavox, stated, "Our patented geographic advertising and delivery platform is well equipped for this multinational project, We are very excited to be part of this ground-breaking series of events."
About Modavox
Modavox, Inc. (www.modavox.com), a pioneer in internet broadcasting, producing and syndicating online audio and video, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and internet-enabled devices. Modavox provides managed access for live and on-demand Internet Radio Broadcasting, E-learning and Rich Media Advertising.
About BlackAthlete Sports Network, LLC
BlackAthlete.com is the definitive source for information about Black Athletes and Blacks in sports at all levels. The site includes more than 8,000 archived pages of features and commentary about every level and type of sport.
Fans are served fresh content daily, including recurring audio and video streaming. BlackAthlete.com delivers sports information the way fans like it.
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I predict that this is the week MDVX shares eclipse previous highs in the 2.05 range going on to make subsequent new highs while establishing a new and higher trading range.
I would not be surprised to see a more explosive move resembling the one ONT made recently going from 1.50 to 3.80 in the last month or two.
Regardless, looking for new highs and a strong leg up as I believe some fund players are now starting to really get involved with the shares believing they are an eventual takeover target in the red hot online vido and audio space which has seen a high degree of consolidation as of late.
Modavox Retains Fox Rothschild, LLP for Vigorous Patent Enforcement Program Tuesday May 29, 10:00 am ET Agreement Provides Significant Legal Resources Towards Enforcing Modavox's Rights Within the Online Audio and Video Marketplace
PHOENIX & NEW YORK--(BUSINESS WIRE)--Modavox, Inc. (OTCBB:MDVX - News), Internet broadcasting pioneer in the production and syndication of online audio and video, announced today that Fox Rothschild, LLP (www.frof.com) will represent Modavox in the execution of a comprehensive patent enforcement and licensing program under to its United States Patent No. 6,594,691 "Method and System for Adding Function to a Web Page," and other related intellectual property assets. The initial focus of the effort will be on simultaneous technology licensing and litigation strategies deployed on a wide field of identified infringers. Daniel F. Coughlin, Ph.D., Partner at Fox Rothschild, LLP, and resident in its New York City office, will be the lead attorney handling the Company's intellectual property strategy for Modavox. ADVERTISEMENT
Nathaniel T. Bradley, Chairman of Modavox stated, "We are pleased to have procured the services of a prestigious and respected law firm such as Fox Rothschild, LLP. The experience and substantial resources now available to Modavox have put us in a strong position to pursue the protection of our significant patented intellectual property holdings. The exceptional legal team that Fox Rothschild LLP has assembled on our behalf will take over our patent enforcement strategy here forward allowing us to continue bringing our industry leading internet video advertising and streaming media products to market. We remain committed to the protection of our intellectual property, the capture of market share in large and emerging markets and the building of shareholder value."
About Fox Rothschild, LLP
Founded in 1907, Fox Rothschild, LLP has grown to over 400 lawyers practicing in 14 offices coast to coast. Giving clients the resources they need to succeed is what the firm is all about. Effective pursuit and protection of intellectual property requires more than brilliant and thorough legal treatment. Mastery of scientific and technical disciplines is crucial to position a company for success. Fox Rothschild's lawyers bring diverse perspectives, industry knowledge, and the technical capabilities needed to maximize IP value--for small, mid-sized, or Fortune 100 companies.
About Daniel F. Coughlin, Ph.D. Partner, Fox Rothschild, LLP
Practice Areas
Intellectual Property Litigation Corporate
Dan is a member of the firm's Corporate Department and the Intellectual Property Group. He has extensive experience in all areas of intellectual property law, across a wide range of technical disciplines. Dan's practice includes the representation of pharmaceutical clients in protecting and obtaining patents for drug products, as well as assisting those clients on patent issues arising from the FDA approval process. His practice also involves representing clients in patent litigation arising under the Hatch-Waxman statutory scheme for the approval of both branded and generic drug products.
During the course of his career, Dan has built a global practice, counseling both domestic and international clients in the pharmaceutical, biotechnology, and technology industries on the protection of intellectual property.
Before Fox Rothschild
Dan was previously a partner at a regional law firm in New York. Before entering the field of law, Dan was an academic researcher and educator and authored numerous technical publications in the areas of biochemistry, spectroscopy, heterogeneous catalysis, and computer applications in computational chemistry.
Education J.D., IIT/Chicago-Kent College of Law, 1992 Ph.D., Chemistry, University of Connecticut, 1985 M.A., Bridgewater State College, 1980 B.A., Tufts University, 1972
Bar Admissions Connecticut Illinois Minnesota U.S. Patent & Trademark Office
Court Admissions U.S. Court of Appeals, Federal Circuit U.S. Court of Appeals, First Circuit U.S. Court of Appeals, Seventh Circuit U.S. District Court, District of Connecticut U.S. District Court, Eastern District of Michigan U.S. District Court, District of Minnesota U.S. District Court, Northern District of Illinois U.S. District Court, Southern District of New York
Memberships American Chemical Society New York Academy of Sciences Research Society of Sigma Xi Honor Society of Phi Kappa Phi
About Modavox
Modavox, Inc. (www.modavox.com), a pioneer in internet broadcasting, producing and syndicating online audio and video, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and internet-enabled devices. Modavox provides managed access for live and on-demand Internet Radio Broadcasting, E-learning and Rich Media Advertising.
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Nathaniel Bradley, Modavox Chief Technology Officer, presented at the RedChip Small-Cap Investor Conference in San Francisco on May 29th and 30th.
In addition to presenting, Modavox has once again been chosen to provide the conference with all web-casting services. The company's patented streaming audio and video technology will facilitate the live delivery of all company presentations to targeted investors.
Here is a link to the broadcast. I have also listed some of the highlights. It is well worth the 20 minutes listening to the presentation and seeing the Modavox Patented Technology in action. I think a lot of people will recognize the Video/Streaming Technology and the possible infringement that has been going on for the past 4 years and that will now be aggressively pursued by Fox Rothschild.
Revenue Estimates 2007 $7M 2008 $20M 2009 $100M Nathans comments “believes these are very conservative numbers”.
Industry Leading Technology Video/Audio Streaming Target Marketing Pod Casting Cell Phone Broadcasts
Patented Technology Live on Demand Video/Audio Streaming Geographic Target Marketing Pay Per Access E-Learning Fox Rothschild, LLP hired for enforcement/licensing
Current Situation Profitable $1.2M in cash No Debt
07 Opportunities Amex or Nasdaq listing – Meet all Amex qualifications except $2 share price Accretive Acquisitions Building Interactive Sales Force
VoiceAmerica and World Talk Internet Radio Over 5 million Unique Viewers per month Production of content means Modavox owns content/archives Highest Rated Internet Talk Google paid $1.6B for YouTube in October 06 300 Hosts 2007, 800 Hosts 2008, 1500 Hosts in 2009 Highly Targeted Viewers
State-of-the-Art Production Facilities and Technology Phoenix San Diego Las Vegas
Summary: Management owns 35% of the outstanding shares
“FOCUSED ON REVENUE GROWTH AND INCREASED SHAREHOLDER VALUE THROUGH TECHNOLOGY DEVELOPMENT “
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Modavox Delivers Internet Advertising and Internet Radio Production Through Partnership with Voice123 Monday June 4, 1:54 pm ET
Voice123 Production Network Combined with Patented Modavox Advertising, Enterprise and E-Learning Platforms Creates Highest Sound Quality and Breakthrough Production Speed
PHOENIX & NEW YORK--(BUSINESS WIRE)--Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting pioneer and holder of several patented internet broadcasting technologies announced today that it has completed integration of the Voice123 voice talent acquisition and management utility to its Internet Radio and Interactive Product lines.
Voice123 allows Modavox customers using Modavox's suite of Interactive products, including Internet advertising, enterprise and e-learning applications, to create the highest quality professional audio out of text. Customers can now use text based scripts, manuals, and text books through a simple Internet based production site, and convert them into professional broadcast ready audio tracks, allowing customers to review auditions, purchase voice services within their budget, and collaborate with voice talent to create the desired sound and effects.
For VoiceAmerica(TM) and World Talk Radio(TM) operations Modavox can now create high quality audio advertising and show liners for its leading Internet talk radio networks. Voice123 allows advertisers to create high quality radio advertising that can be produced with simple text scripts and placed on worldwide Internet radio broadcasts with incredible industry leading speed, quality and reach.
Richard Keppler, Adverting Director with Modavox stated, "Our patented geographic targeted advertising and our industry leading sites at VoiceAmerica.com and WorldTalkRadio.com are bringing increasing levels of highly target distribution for talk and advertising content providers. Our partnership with Voice123 allows us to accelerate production of new content for advertising and allows us to bring up the quality of the sound of our talk radio programming."
About Voice123(TM)
Voice123 (http://voice123.com) is a voice over marketplace containing the largest online database of voice talents, voice producers, voice over agents, ad agencies and producers. We help people looking for voices find the perfect voice(s) for their project. We also help voice talents and voice producers promote their voices and production services using the internet. You can find profiles from voice over professionals and producers anywhere in North America and the world, so finding the right talent for any type of project in any language is fast and easy. Some of our clients include: American Express, ESPN, Electronic Arts, VH1, Showtime, MTV, ITV, BMW, Univision, Burger King, BBC, Discovery Channel, National Geographic, History Channel, US Government, Kyocera Solar, Inc, London Transport, Bristol-Myers, BCBG and Hooters.
About Modavox
Modavox, Inc. (www.modavox.com), a pioneer in internet broadcasting, producing and syndicating online audio and video, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and internet-enabled devices. Modavox provides managed access for live and on-demand Internet Radio Broadcasting, E-learning and Rich Media Advertising.
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Nice commentary regarding MDVX after the close on Market Wrap show on ***. Shares pulled back 13 cents today following recent strength just shy of new multi-year highs.
On Steve's Kanaval's show today he mentioned that Modavox was his number one pick in the media sector. Also mentioned it was down today which made it an even better buy. Here is his bio.
Steve Kanaval was an original member of Morgan Stanley Futures Task Force at Chicago Mercantile Exchange. Steve was also President and founder of Chicago Arbitrage Group and a Manager of multi billion dollar portfolios during the internet boom in San Francisco. Steve also acted as Senior VP in US public markets including Investment Banking & Hedge Funds.
Steve has fifteen years of P&L reporting and management experience with portfolio's ranging from 1 million to 300 million. Steve spent 5 years as a member of advisory boards to publicly traded companies and private companies. He was most recently Director of Research at Knobias.
Stating that Modavox is his top pick in the media space is pretty bold. It's clearly a nice testimonial from someone who knows the space well, recognizes quality management and understands the dynamics of investing in emerging micro-cap situations.
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Modavox Reports 2006 Year End Results Thursday June 14, 11:22 am ET Company Reports Record Year End Revenues; up 88% Year over Year
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB:MDVX - News), Internet broadcasting pioneer in producing and syndicating online audio and video, yesterday reported its year end results for the fiscal year ended February 28, 2007. ADVERTISEMENT
The company reported record revenues for the twelve months ended February 28, 2007. Revenues increased 88% to $2,659,992 compared to $1,411,553 for the twelve months ended February 28, 2006. The company recorded a net loss for the year ended February 28, 2007 of $554,082, this net loss included non-cash expenses of $691,685, consisting of depreciation and amortization expense $360,011, the valuation of warrants issued for services $287,674 and stock option expense $44,000. Non-recurring merger and reorganization expenses were $188,259, consisting of legal expenses $63,259 and separation payment to the former CEO of $125,000. Operating expenses increased only $40,995, despite a $1,248,439 increase in revenues.
David J. Ide, CEO stated, "2006 was a year in which we successfully executed our business plan resulting in the building of a solid foundation for future growth. Despite having to deal with some legacy issues early on after taking over as CEO, we are now well positioned to capitalize on the multitude of exciting opportunities that lay ahead. We've built a dynamic and talented team including the recent hiring of Ivan Martinez and we intend to further strengthen the team with new complimentary additions in the near future."
Mr. Ide went on to say that, "Importantly, we have significantly strengthened our financial liquidity, including having over a million dollars in cash for operations on our balance sheet. The strategic steps taken over the last year have proven themselves while putting us in a strong position to accelerate our growth moving forward with a goal of eclipsing last years significant top line year over year growth."
Highlights for the year include:
Completed acquisition of World Talk Radio creating world's largest online talk radio network. Combined VoiceAmerica Network and World Talk Radio Network boast 300 plus hosts, 240 hours weekly programming and millions of visitors. Opened Offices in San Diego & Las Vegas Engaged Fox Rothchild, L.L.P. to defend Patented Technologies Greenstone Media(TM) and Modavox, Inc Joined Forces to Create VoiceAmerica(TM) Women's Network Broadcasted series of leading applications for US Congress, State of Arizona Legislature and Alberta Premier Candidate Featuring our BoomBox Video Platform Launched VoiceAmerica(TM) Sports Channel Fiscal year ended with cash balance of $1,220,592, an increase of $895,533 over the previous year. Company reported record year end results with working capital of $925,293 and virtually no debt. Mr. Ide continued, "Our Interactive Division has proven, trusted and patented technology that we are finally now able to bring to market through comprehensive sales and marketing strategy that includes the build out of our Phoenix, San Diego and Las Vegas offices. Our products have a wide range of applications and identifying the most scalable, most profitable and most effective deployments has been completed through a process that has led us to work with a group of early adaptors consisting of elite industry leading companies in underserved vertical markets. We're extremely optimistic about the opportunity to now begin to capture market share and revenues to compliment the growth of our Internet Radio Division."
About Modavox
Modavox, Inc. (www.modavox.com), a pioneer in internet broadcasting, producing and syndicating online audio and video, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and internet-enabled devices. Modavox provides managed access for live and on-demand Internet Radio Broadcasting, E-learning and Rich Media Advertising.
Forward-Looking Statements
This release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Modavox's actual results to differ materially from those currently anticipated, including the risk factors identified in Modavox's filings with the Securities and Exchange Commission.
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Modavox Receives Additional Patent Providing Ownership of Coveted Advertising and Streaming Media Delivery Technology Thursday June 14, 2:00 pm ET Accepted Claims of Continuation Filing Yields an Additional Patent in Advertising and Streaming Media Delivery Market
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, today announced it has received an official communication from the U.S. Patent and Trademark Office (USPTO) announcing the allowance of a new patent arising from the company's proprietary Internet technology. In this communication the USPTO also provided a favorable indication toward one or more additional pending patent applications relating to Modavox's core technology, although some interplay with the USPTO remains before Modavox obtains a final approval for any additional patents. ADVERTISEMENT
Andrew Burgess, Modavox Intellectual Property Consultant, stated, "The claims of the recently allowed patent reflect a further refinement of the legal definition of Modavox's technology from the broad, groundbreaking technical space created by Modavox's original patent. In this latest patent we have further refined the legal definition of our invention to reflect how the broad concepts of that invention are implemented in state-of-the-art delivery infrastructure and delivery practices seen in the market place today."
David J. Ide, Modavox President and CEO, stated, "We're focused on using our technology to capture new business, and create useful applications of our products, such as geographically-targeted advertising and user-customized content delivery, all built on the framework of our patented technology."
Modavox CTO and Chairman Nathanial T. Bradley added, "We're pleased to have our intellectual property fortified with this new U.S. Patent. This gives us the opportunity to continue our leadership in our field and is a testament to our tenure and growing opportunity in the production of innovative and breakthrough online communications technology products."
Dr. Daniel F. Coughlin, Partner, Fox Rothschild, LLP, stated, "The latest decision by the USPTO on Modavox's patented inventions is a further affirmation, in the context of a rigorous technical examination, of the pre-eminence of the company's technology, both legally, and in the marketplace. With an expanding arsenal of intellectual property rights, Modavox will now be better equipped than ever to not only deliver marketplace solutions for their clients and customers, but also to secure richly-deserved recognition for its pioneering inventions in this technical space. The issued and newly allowed patents, along with their pending patent applications, will undoubtedly prove to be key components to bring Modavox's proprietary technology to the broadest possible base of clients and licensees. In my view, it will be only a matter of time before the industry will universally recognize Modavox for its technical advances in this field."
About Andrew Burgess
Andrew Burgess is the inventor of the 6,594,691 United States Patent, as well as other patent pending technologies. He has public corporation experience and is a principle partner, director, officer and co-founder of several corporate entities. Andrew is an accomplished systems architect and software engineer for several vertical markets including legal case management, image processing, online content management, and mathematical forecast software for the United States Government.
About Fox Rothschild LLP
Fox Rothschild LLP is a full-service law firm built to serve business leaders. Over the past 100 years, we have grown to 400 lawyers in 14 offices coast to coast. Our clients come to us because we understand their issues, their priorities, and the way they think. We help clients manage risk and make better decisions by offering practical, innovative advice. Effective pursuit and protection of intellectual property requires more than brilliant and thorough legal treatment. Mastery of scientific and technical disciplines is crucial to position a company for success. The firm's lawyers bring diverse perspectives, industry knowledge, and the technical capabilities needed to maximize IP value--for small, mid-sized, or Fortune 100 companies. For more information about Fox Rothschild LLP, please visit www.foxrothschild.com.
About Modavox
Modavox, Inc. (www.modavox.com), a pioneer in Internet broadcasting, producing and syndicating online audio and video, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and Internet-enabled devices. Modavox provides managed access for live and on-demand Internet Radio Broadcasting, E-learning and Rich Media Advertising.
Forward-Looking Statements
This release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Modavox's actual results to differ materially from those currently anticipated, including the risk factors identified in Modavox's filings with the Securities and Exchange Commission.
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No More Spray and Pray ... Broadcasting is changing to Narrowcasting No More Spray and Pray ... Broadcasting is changing to Narrowcasting « H E » *** Exclusive :: email posted Friday, 15 June 2007 Executive Editor: Steve Kanaval
DALLAS (June 14, 2007) - Think about the way advertisers have used the spray and pray method of advertising. The Internet has changed the way advertisers can target a specific demographic, and a new term is circulating in the media space which is creating a disruptive technology that is getting the attention of everyone in the industry. As the media space continues to explode in every market cap, this disruption has resulted in media consolidation across the board. Need examples? Look at Sam Zell's purchase of the Tribune Company (NYSE: TRB), Rupert Murdoch's bidding for Dow Jones (NYSE: DJ), Thomson's (NYSE: TOC) recent purchase of Reuters (Nasdaq: RTRSY) and a silent bid by private equity on the table for Bloomberg.
Clearly, the media space is as hot as any sector on Wall Street. The stark reality is that Wall Street analysts covering the media space have undervalued all assets because of this simple supply and demand function. No longer are there three mediums for content delivery; there are now six delivery platforms for content. It has quickly evolved from broadcast TV, cable TV and radio to broadcast TV, cable TV, radio, PC, laptop and cellular phone services. This means there is the same amount of content available and double the demand, in turn, making all existing content immediately more valuable.
What this means is billions of dollars spent on media-driven advertising have more places to run ads. For example, ESPN just became worth twice as much, and all IPTV content on the Internet just became more valuable. This is the disruptive technology the industry has been squirming about since 2001. Look out Google (Nasdaq: GOOG), look out AOL (NYSE: TWX) ... you may have an issue.
A subtle and somewhat still under-the-radar player in this whole picture is Modavox Inc. (OTCBB: MDVX), ands many industry experts are now just beginning to wonder if some mega market cap Internet giants have been infringing on their patent for years now? Today, Modavox announced that they were just awarded a new patent covering Advertising and Streaming Media Delivery technology, one of the hottest and talked about technologies of the time as advertisers seek to monetize online ad dollars through streaming advertisements and geo-targeting of consumers. One has to wonder if any of these Internet house hold names may be interested or benefit from owning or partnering with this little company for its potentially very valuable intellectual property ... I think I already know the answer. The space itself has recently seen numerous acquisitions and consolidation making Modavox one to watch closely.
Modavox, Internet broadcasting pioneer and holder of several patented technologies, today announced it has received an official communication from the U.S. Patent and Trademark Office (USPTO) announcing the allowance of a new patent arising from the company's proprietary Internet technology. In this communication the USPTO also provided a favorable indication toward one or more additional pending patent applications relating to Modavox's core technology, although some interplay with the USPTO remains before Modavox obtains a final approval for any additional patents.
Andrew Burgess, Modavox Intellectual Property Consultant, stated, "The claims of the recently allowed patent reflect a further refinement of the legal definition of Modavox's technology from the broad, groundbreaking technical space created by Modavox's original patent. In this latest patent we have further refined the legal definition of our invention to reflect how the broad concepts of that invention are implemented in state-of-the-art delivery infrastructure and delivery practices seen in the marketplace today."
David J. Ide, Modavox president and CEO, stated, "We're focused on using our technology to capture new business, and create useful applications of our products, such as geographically-targeted advertising and user-customized content delivery, all built on the framework of our patented technology."
Modavox CTO and Chairman Nathanial T. Bradley added, "We're pleased to have our intellectual property fortified with this new U.S. Patent. This gives us the opportunity to continue our leadership in our field and is a testament to our tenure and growing opportunity in the production of innovative and breakthrough online communications technology products."
Dr. Daniel F. Coughlin, Partner, Fox Rothschild, LLP, stated, "The latest decision by the USPTO on Modavox's patented inventions is a further affirmation, in the context of a rigorous technical examination, of the pre-eminence of the company's technology, both legally, and in the marketplace. With an expanding arsenal of intellectual property rights, Modavox will now be better equipped than ever to not only deliver marketplace solutions for their clients and customers, but also to secure richly-deserved recognition for its pioneering inventions in this technical space. The issued and newly allowed patents, along with their pending patent applications, will undoubtedly prove to be key components to bring Modavox's proprietary technology to the broadest possible base of clients and licensees. In my view, it will be only a matter of time before the industry will universally recognize Modavox for its technical advances in this field."
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Modavox to Unveil Patented Internet Video Streaming Technologies at the Traverus Travel Conference in Las Vegas Modavox to Unveil Patented Internet Video Streaming Technologies at the Traverus Travel Conference in Las Vegas
Monday June 18, 12:26 pm ET
Modavox Patented Platform Designed for Travel Enterprise Operations to Be Demonstrated to Leading Travel Industry Suppliers at General Session
PHOENIX & PLANO, Texas--(BUSINESS WIRE)--Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, along with David Manning (President & CEO) of Traverus ( www.traverus.net ) and celebrity spokesperson John O'Hurley, announced today that Modavox Chief Technology and Product Officer Nathaniel Bradley will present Modavox Enterprise Communications solutions to leading travel industry professionals at the International Traverus Travel Conference to be held at the Red Rock Casino, Resort and Spa in Las Vegas, NV, from June 22nd thru June 24th.
Traverus Travel is an International travel company, with agents in five countries, specializing in the hosting and booking of travel for major International travel suppliers such as Karisma Resorts, Fun Jet Vacations, Carnival Cruise Lines and many more major suppliers in the travel industry. The International event in Las Vegas will feature travel industry trainers and John O'Hurley, award-winning actor best known for his roles in Seinfeld and Dancing with the Stars.
David Manning, President and CEO of Traverus, stated, "Teaming up with Modavox enables Traverus to bring the latest news and information from suppliers direct to the Traverus Travel Agents in the highest quality video format to every country we operate in. It's this type of relationship that will allow Traverus to become the leading travel agent host agency worldwide."
Modavox Chief Technology and Product Officer Nathaniel T. Bradley stated, "Our patented enterprise communications platform provides destination resorts, cruise lines and other travel industry suppliers with superior marketing and event archiving capabilities. Our product creates cost avoidance through more efficient marketing communication, leveraging existing video assets while creating revenue for organizations that monetize content in pay-per-view and online conference extension applications."
About Modavox
Modavox, Inc. (www.modavox.com), a pioneer in Internet broadcasting, producing and syndicating online audio and video, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and Internet-enabled devices. Modavox provides managed access for live and on-demand Internet Radio Broadcasting, E-learning and Rich Media Advertising.
About Traverus
Traverus Travel (www.Traverus.net) is one of the leading providers of travel services and education in the world. With our International online travel radio show - Traverus Celebrity Travel Talk - and our leading edge travel portal, Traverus Travel is changing the future of travel. Traverus Travel has a worldwide network of Independent Travel Agents. We work with licensed bonded certified travel agencies approved by International Airlines Travel Agent Network (IATAN) and Cruise Lines International Association (CLIA), and endorsed by the world's major airlines and travel suppliers.
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Partisanship Put Aside to Give Internet Access to Blind
Published: Jun 20, 2007 It’s not unusual for someone in business to ask a member of Congress for help. But when Craig Columbus got together with Rep. J.D. Hayworth to give a boost to an Arizona start-up, the partnership was also a happy contradiction of our era’s nasty partisanship.
Columbus, you may recall, challenged Hayworth for his seat in 2002. That didn’t matter as Hayworth was happy to be an early adopter of Web streaming technology that gives blind computer users access to the Internet. Hayworth will use the prototype technology on his congressional Web site.
The company behind the software is AudioEye, which was started in 2002 by University of Arizona grads Nathan Bradley and David Ide. Columbus, who now manages a hedge fund as vice chairman of Greenbook Financial Services, provided seed capital and guidance to the start-up. AudioEye will let the blind or people with poor vision bypass buying costly hardware or software. It’s free to users when the Web site buys a license.
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MDVX chart continues to trace out bullish ascending triangle formation. Looking for breakout to new multi-year highs. Note the strong accumulation and very positive money flow.
Kipley J. Lytel, CFA, is a Senior Partner with money management firm Montecito Capital Management and Chief Operating Officer of a publicly traded company focused on taking companies public and staying public with a compliance support platform. Mr. Lytel also provides investment services to several independent equity research companies. For over three years, Mr. Lytel served as the lead securities analyst for M.L. Stern & Company - a leading regional investment securities firm headquartered in Beverly Hills, with offices serving most major California markets & Nevada. Previously, he performed portfolio management and analyst coverage during his employment with two hedge funds.
His background has been marked by his experience as a technology sector analyst, coverage spanning various sectors: telecommunications & wireless, IT equipment/services, integrated systems, networks, etc. He received his Master of Business Administration (MBA) from the Peter F. Drucker School of Management at Claremont Graduate University, where he also received his undergraduate Bachelor of Arts (BA) degree in Economics. Mr. Lytel is a Chartered Financial Analyst (CFA) and an active member of the CFA Institute and the Los Angeles Society of Financial Analysts (LASFA). He has frequently served as a Senior Grader for CFA Institute's Examination and has been a Regional Expert for CFA Institute's advisory panel on investment management covering: institutional portfolio management, individual portfolio management, analysis of alternative investments, macro strategy formulation, and quantitative modeling applications. Mr. Lytel has been cited and/or published in Barons, Wall Street Journal, Financial Planning Magazine, Physicians Financial News, Forbes, Wealth Manager, among others.
Posts: 297 | Registered: Nov 2006
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The seven-month ascending triangle (bullish) continues to tighten. Meanwhile, a symmetrical triangle (also bullish) has been developing the past two months. In other words, the range is getting tighter, which means we could be getting close to the point of breakout. Both patterns indicate a strong move to the upside once the $1.90-$2.00 range is taken out. That $2.50 price target by the covering firm should easily be met, as I see the mid-to-high $2's as a possible upside target in the coming months.
Posts: 297 | Registered: Nov 2006
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