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Modavox Launches Weekly Internet Television Programs with MARSVenus Media Featuring Best-Selling 'Mars Venus' Author Dr. John Gray Tuesday December 4, 10:05 am ET Modavox's BoomBox Video(TM) Enables Global Broadcast and Feature-Rich Platform That Will Focus on Health and Relationships
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today it is providing its patented BoomBox Video distribution software for MARSVenus Media with Dr. John Gray, author of "Men are from Mars, Women are from Venus." Dr. Gray and co-host Sherrie Natrass will host two hour-long Internet television shows; one about Relationships and one about Health will broadcast weekly from the website www.marsvenuswellness.com with new shows every Tuesday beginning Dec. 4, 2007. Broadcast of these weekly Internet television shows will be available on-demand until the next week of show installments. ADVERTISEMENT
“Our patented advertising and BoomBox Video™ software allows both sponsors and advertisers the ability to maximize their effectiveness in reaching Dr. Gray’s audience with video and banner advertising that can be targeted to viewers. Our technology allows any content provider the ability to produce an online media network just as sophisticated as the major network providers,” Said Jeffery Spenard, President of Networks, Modavox, Inc.
About Dr. John Gray
Dr. Gray is the author of 16 books including the nonfiction best seller of the last decade, "Men Are from Mars, Women Are from Venus." His Mars Venus books have sold over 30 million copies in over 40 languages worldwide.
About MARSVenus Media
MARSVenus Media, a pioneer in Internet television and radio programming, uses various forms of media to raise awareness of Dr. John Gray’s messages on a global scale.
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. More information about Modavox can be found at www.modavox.com.
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 Retains Kingsdale Capital as Investment Banker and Strategic Advisor Thursday December 13, 9:17 am ET
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB:MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today that it has retained Kingsdale International Corp. as its strategic advisor and Kingsdale Capital Markets (USA) Inc. as a potential placement agent, both are subsidiaries of Kingsdale Capital Corporation (www.kingsdalecapital.com). Kingsdale Capital Corporation is an internationally recognized investment banking firm delivering corporate finance and capital market solutions for corporations, institutional investors and high net worth accredited investors.
Kingsdale International Corp. and its affiliated companies work with domestic and foreign companies in the biotech, media, manufacturing, mineral resource, natural resource and new technology arenas with companies valued between $50 million and $500 million. Services include mergers and acquisitions, proxy solicitations, valuations, private equity, reverse takeovers and a focus on leveraged buyouts. The company’s principals are veteran investment bankers, strategic thinkers, and highly skilled managers with significant core competency in the sectors listed above.
“We’re excited to be working with Modavox and their highly skilled management team. We’ve completed initial due diligence on both their patented intellectual property portfolio and the vital role we believe it plays in multiple verticals within the internet online advertising space. Furthermore, we have researched comparable valuations established in recent transactions for unique audiences comparable to that of their internet radio divisions,” stated Nikolas Konstant, President of Kingsdale International Corp.
“In light of recent consolidation in the space and recent articles sighting the growth in behavioral targeting, including the doubling of spending to $1 billion next year, we believe the company to be in the right space at the right time, possessing some highly sought after and potentially very undervalued assets. We expect to advise management in its continuing effort to ensure that the company is not only strategically positioned to defend their intellectual property, but to maximize its value,” stated Konstant.
David J. Ide, CEO of Modavox stated, “Partnering with Kingsdale International Corp. puts us in a strong position enabling us to vigorously execute our business plan on multiple fronts simultaneously. We look forward to working in concert with them as we collectively focus on opportunities that may create or bolster shareholder value.”
About Modavox
Modavox, Inc., 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. More information about Modavox can be found at www.modavox.com.Posts: 297 | Registered: Nov 2006
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Quincy Newspapers, Inc to Utilize Patented Modavox Advertising Delivery Platform Monday December 17, 11:14 am ET
Modavox to Deliver Video and Audio Advertising Online for Quincy's 13 Television Affiliates, Newspaper and Radio Operations
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today it has established an agreement to deliver video and audio advertising campaigns for the websites affiliated with the 13 television stations, two radio stations and two newspaper operations owned and operated by Quincy Newspapers, Inc (QNI), located in Minnesota, New Jersey, Wisconsin, Illinois, Iowa, Indiana, and West Virginia. Through this agreement, QNI operations will now offer a new variety of rich media advertising options for its local and national advertisers delivered from the patented Modavox advertising platform from its leading news websites. ADVERTISEMENT
“Quincy Newspapers, Inc is now positioned through Modavox to expand its advertising offering to include state-of-the-art audio and video advertising. The Modavox Advertising Platform enables the conversion of traditional television and radio campaigns into QNI Online campaigns, and there is a great number of revenue generating opportunities that now present themselves, given Quincy’s broadcast and media holdings,” stated David Ide, CEO of Modavox.
About Quincy Newspapers, Inc
Quincy Newspapers, Inc currently owns 12 television stations, two newspapers, two radio stations and a High Definition Video Production company. QNI also operates KXLT under a joint sales and shared services agreement. Our footprint covers 13 states. The story of Quincy Newspapers Inc. (QNI) is a tale of two families and five generations of leadership that nurtured a single newspaper into a multimedia company now employing more than 900 people and serving markets in 14 states.
About Modavox
Modavox, Inc. is a pioneer in Internet broadcasting, producing and syndicating online audio and video, offering 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. More information about Modavox can be found at www.modavox.com.
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 Partners with Limelight Networks for Global Content Delivery Thursday January 3, 8:50 am ET
Limelight's Flash Media Streaming Network Now Integrated with Modavox's BoomBox Radio and BoomBox Video Software
PHOENIX & TEMPE, Ariz.--(BUSINESS WIRE)--Modavox, Inc. (OTCBB:MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today it has established an agreement with Limelight Networks® (Nasdaq:LLNW - News), the leading content delivery network (CDN) for digital media, for Global Content Delivery services related to its Internet Radio and Interactive operations.
Limelight Networks is one of the first CDNs in the industry to implement Adobe Flash Media Server in a true edge-origin CDN architecture. Modavox has integrated the Adobe Flash Media Streaming Server 3 architecture into the World Talk Radio® and VoiceAmerica Networks® Internet Radio operations, as well as the patented BoomBox Radio® and BoomBox Video® software products.
“This new generation of streaming media provided by Limelight Networks adds a layer of scalability and Global performance for our BoomBox Platforms. This expanded infrastructure is a powerful additive to our On-Demand and Live streaming media services and product lines. In addition, their willingness to work with us on partnership opportunities and their being located right down the street from us in Phoenix has the potential to create additional synergies. Most importantly, we anticipate the partnership to yield considerable cost savings enhancing profitability," said David J. Ide, Modavox Chief Executive Officer.
About Limelight Networks
Limelight Networks is a high-performance content delivery network for digital media, providing massively scalable, global delivery solutions for on-demand and live Internet distribution of video, music, games, software and social media. Limelight Networks' infrastructure is optimized for the large object sizes, large content libraries, and large audiences associated with compelling rich media content. Limelight is the content delivery network of choice for over 1,000 companies, including many of the world's top Internet, media and entertainment companies, including Microsoft Xbox LIVE, Sony Playstation 3, Akimbo, Amazon Unbox(TM), Belo Streaming, Brightcove, "BuyMusic" * Buy.com, DreamWorks, LLC, Facebook, FOXNews.com, IFILM, ITV Play, MSNBC.com, NC Streaming and Valve.
About Modavox
Modavox, Inc. is a pioneer in Internet broadcasting, producing and syndicating online audio and video, offering 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. More information about Modavox can be found at www.modavox.com.
Contact: Modavox, Inc. David J. Ide, 602-648-6080 (Media) or C&H Capital, Inc. 678-570-6791 (Investors)
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Modavox Patented BoomBox Video Powers International Bestseller The Power of Now Author Eckhart Tolle's Global Internet Pay-Per-View Event Wednesday January 16, 2:06 pm ET
Sounds True and Modavox to Broadcast Live Internet Pay-Per-View of Eckhart Tolle from San Francisco, California, March 7-8, 2008
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today it has partnered with Sounds True to deliver a live Internet Pay-Per-View event for bestselling author of the book The Power of Now, Eckhart Tolle. San Francisco, California (San Rafael)
Discovering Your True Purpose Friday, March 7, 2008 | 8 – 9:30 p.m. Marin Veterans Memorial Auditorium, 10 Avenue of the Flags, San Rafael, California
Living Your True Purpose Saturday, March 8, 2008 | 1:30 – 4:30 p.m. Marin Veterans Memorial Auditorium, 10 Avenue of the Flags, San Rafael, California
Order both of these live webcasts for U.S. $39.95, and receive 30-day access to the video archive, PLUS a FREE audio download of the event you purchased (a U.S. $19.95 value). For more information or to order now, please visit www.soundstrue.com/eckharttolle/events.php.
About Eckhart Tolle
Eckhart Tolle is widely recognized as one of the most original and inspiring spiritual teachers of our time. His profound yet simple and practical teachings have helped thousands of people find inner peace, healing, and greater fulfillment in their lives. For more information, please visit www.eckharttolle.com.
About Sounds True
Sounds True is an independent multimedia publishing company that embraces the world’s major spiritual traditions, as well as the arts and humanities, embodied by the leading authors, teachers, and visionary artists of our time. For more information, please visit www.soundstrue.com.
About Modavox
Modavox, Inc., the customized communications company, is a pioneer in Internet broadcasting, producing and syndicating online audio and video, offering innovative, effective, and comprehensive online tools for reaching targeted niche communities worldwide. For more information, please visit www.modavox.com.Posts: 297 | Registered: Nov 2006
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Modavox Now Syndicating VoiceAmerica Talk Radio Content to International Wireless Telephone Networks Tuesday January 22, 11:17 am ET
Through Partnership with Spodtronic, Modavox Establishes New Distribution Channel and Increases Available Audience and Ad Revenue Producing Potential
PHOENIX & TEMPE, Ariz.--(BUSINESS WIRE)--Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today it has syndicated its Internet talk radio content from VoiceAmerica® Networks to the leading carrier-grade system for mobile pod casting, operated by Liquid Air Lab’s Spodtronic.
Spodtronic delivers a high-quality service to mobile phones over the air, without the need of a PC or an iPod. As a result Spodtronic provides mobile users with total control over their audio content and now features live 24x7 Internet Talk Radio content from all channels of Modavox’s VoiceAmerica® Networks.
“We have the largest Internet Talk Radio production and distribution operation in the industry, and our content archives are deep in a wide variety of subject matter; this new distribution allows us to monetize our substantial content assets through advertising sales made by Spodtronic,” said Jeff Spenard, President of Networks at Modavox.
David J. Ide, CEO at Modavox, stated, “The audience growth that Spodtronic provides through European cellular carriers and other international wireless markets create a new distribution channel that adds value for our VoiceAmerica® hosts. Our content is jumping off the Internet onto terrestrial radio stations, mobile digital devices, and International cellular networks and this brings us more listeners, more advertising capacity and ultimately more value to Modavox.”
About Liquid Air Lab’s Spodtronic
The Liquid Air Lab GmbH was founded in May 2002 and is headquartered in Stuttgart, Germany, with additional offices in Berlin, Germany and Berkeley, CA. As part of Liquid Air Lab, Spodtronic is the first worldwide radio and podcast content Hub, delivering the total radio experience to mobile broadband users. Spodtronic is the first carrier-grade system for Mobile Podcasting. The company delivers a high-quality service to mobile phones over the air, without the need of a PC or an iPod.
About Modavox
Modavox, Inc. is a pioneer in Internet broadcasting, producing and syndicating online audio and video, offering 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. More information about Modavox can be found at www.modavox.com.
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.
Contact:
VoiceAmerica Network / Modavox, Inc. Sonja Darte', 480-294-6404 Sonja.darte*modavox.com or C&H Capital, Inc. Investors, 678-570-6791
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More than 8 million people in the UK listen to web-based radio services every week and nearly 2 million download podcasts on a weekly basis, according to a survey that suggests internet radio has hit the mainstream.
Commissioned by the industry's audience research body Rajar, the Ipsos Mori survey last autumn found that more than 12 million people have listened to the radio online and 8.1 million listen every week either through live streaming or "listen again" services.
Ipsos Mori found that 75% of users do not listen to less live radio as a result of listening again online, with 50% tuning into new shows as a result.
The same was true of podcasting, with one-fifth of respondents saying they now listen to more live radio and nearly one-third saying they listen to new radio shows after sampling them via podcasts.
Only 8% of those surveyed said they listened to less radio because of the availability of podcasts.
Of the 4.3 million who have downloaded podcasts, around 1.87 million people listen to at least one podcast each week.
Two-thirds of podcast listeners subscribe to their favourite shows through iTunes, with nearly half tuning in during the evening.
Of these, 80% listen through their computers and 61% copy the podcasts to their MP3 players.
Music and comedy are the most popular genres, with each user subscribing to more than three podcasts, on average, and listening to 53 minutes each week.
"This survey is very much a toe in the water," said the Rajar research director, Paul Kennedy.
"Although we already knew that listen again, personalised online radio and podcasting had many advocates, we knew nothing of their standing in the mainstream.
"This survey tells us and our subscribers, who are actively involved in these areas, more about them."
Although podcasts are popular with listeners, media organisations have struggled to turn them into significant money spinners.
Producers have so far focused on building an audience and encouraging listeners to get used to the podcast format.
The Rajar survey indicates that a free, advertising-supported format would be accepted by most listeners, with 58% expressing interest, but less than one-third said they would subscribe to a paid-for service without adverts.
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almost mixed this up with MDRX lol dam memory loss!
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 6055 | From: Virginia | Registered: May 2006
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Could Modavox (MDVX.OB) be the next big patent licensor?
For the past few months, I have had an ongoing dialogue with a reader who is close to Modavox (MDVX.OB). He’s a large shareholder, so assume that he is talking his book. But the story is certainly worth looking into.
Modavox has two main businesses:
1. Broadcast Media - basically just internet talk radio. This division was responsible for about 80% of revenues last quarter, but its not where Modavox’s future lies.
2. Interactive Media - provides behaviorally-targeted advertising solutions and interactive e-learning platforms.
The numbers in a vacuum are not inspiring. For the first three quarters of its 2007 fiscal year, Modavox inked $2,531,779 in revenues, compared to $2,000,255 in the prior year, and lost $650,207, compared to a loss of $397,491 in 2006. At this run rate, Modavox has an enterprise value-to-sales ratio of 17.85, well above Google (9.11), Apple (3.44), and most other high flyers. Plus, its not profitable. Viewed without context, these numbers give little reason to get excited.
But with this stock, the context matters. Modavox has a few broad patents covering, among other things, behavioral targeting of internet ads. It has already brought a patent infringement suit against Tacoda, now a division of AOL. My source believes that scores of internet businesses could also be infringing on the patent portfolio. Think of Tacoda as a test case. If Modavox prevails and its patents are upheld, Modavox could be the next big patent licensor - the Patriot Scientific (PTSC.OB) of internet advertising. And unlike Patriot Scientific, Modavox is actually practising the technology so it shouldn’t be disadvantaged by last year’s Supreme Court ruling in KSR v. Teleflex.
The technology also could make Modavox an attractive buyout candidate. Both AOL (Tacoda) and Yahoo! (Blue Lithium) have recently bought behavioral advertising companies. I’m not sure if Modavox’s business has sufficient scale to justify a buyout, absent the patent bludgeon. That is why I’m focusing on the growth of the Interactive Media division. Revenues are very small now, but substantial growth here will likely be rewarded by the market and attract suitors.
Despite the potential, I’m not a buyer (yet). Modavox is overextended, and the potential patent and buyout catalysts may take some time to develop, if they do at all. For now, MDVX is on my watchlist. If you have anything to add on Modavox, please leave a comment.
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Modavox to Launch New Stream Syndicate(TM) and BoomBox Video Releases Thursday February 21, 8:30 am ET
Patented Advertising and Enterprise Platforms from Modavox to Empower Customers to Create and Manage Sophisticated Internet Based Media Networks
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB:MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today that it has launched two technology product lines out of its Interactive Division. The software products include an advanced audio and video advertising delivery system called Stream Syndicate™ and a robust online video system called BoomBox Video 3.0. Both systems are built upon the patented infrastructure allowing content providers the ability to customize content for consumption by end users, using community based, geographic, demographic and even behavioral data.
Stream Syndicate™, the new brand name of the Modavox Advertising Platform, has been adopted by customers including WTVG (ABC O&O) Toledo, Quincy Newspapers with thirteen ABC, CBS, NBC television affiliates and two newspaper operations, Village Voice Media with thirty five community newspapers including well known New Times and Village Voice publications, and Gannet’s Arizona Daily Star and Arizona Republic’s AZCentral.com, amongst others.
BoomBox Video 3.0, the latest offering of the Modavox Enterprise Platform, will be utilized in a launch of a news distribution system for the Black Hills Pioneer’s South Dakota News Network in March that features a citizen journalist video submission system and advanced affiliate broadcasting capability. The system is also being utilized by West Virginia Media Holdings, Inc. supporting live remotes and on-demand news distribution for news operations throughout West Virginia.
Nathaniel Bradley, Chief Technology & Product Officer for Modavox, stated, "Our BoomBox Video product provides sophisticated geo-targeting, play list controls, pre-roll and audio visual advertising capabilities that set the Modavox offering apart from the competitors. Our patented systems enable the creation of complete urban news networks while allowing our news and media clients to instantly publish video that supports and supplements their traditional operation. For instance, a weekly news magazine with news personnel on the ground can break, control and monetize news stories within their service area. Our BoomBox Video platform was built with them in mind.”
“Stream Syndicate™ is a brand our company has been cultivating for years. Under this brand, we're pleased to be releasing what we believe to be the next generation of advertising delivery,” stated David Ide, Chief Executive Officer for Modavox. “This introduction leaves Modavox well positioned within the growing online advertising market. Most importantly, we are providing our customers with an advertising delivery platform that gives them more features for less of their advertising spend, a true win win. In fact, because we own our patented platform we can help our customers achieve greater margins and advertising yields through fixed cost solutions our competitors simply don’t offer.”
About Modavox
Modavox, Inc., 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. More information about Modavox can be found at www.modavox.com.
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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More Listeners, More Money: Online Radio Growth Continues
Internet radio isn't the biggest earner online, but its appeal continues to grow. Just recently, Accustream iMedia Research pointed to a 26.1 percent increase in total listening hours in 2007 to 4.85 billion. That is drawing more advertiser interest, though the group credited heavyweights Clear Channel and Citadel Broadcasting for drawing the most advertising visibility. In total, internet radio billings topped $80 million in 2007, according to the group, almost triple sales of $26.9 million in 2006.
Additionally, the internet radio industry is also spinning video-based advertisements, which yielded an additional $12-15 million last year. AOL-owned Shoutcast grabbed the most attention last year, with 48.4 percent of total listening hours, according to the ranking. Other top-ranked destinations included Clear Channel Online, Yahoo Music, AOL Radio Networks and Pandora.
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Looks like some big players finding this one. Volume 3-4 X's average and stock is up again in a horrible broad market.
Strong stocks in a weak market are always ones to watch when the market improves. Great relative strength.
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Modavox Releases Monthly Average Unique Visitors Statistics Friday March 7, 12:16 pm ET
Company's January and February 2008 Average Monthly Unique Visitor Count in Excess of 5 Million
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, today announced that for the month of January and February 2008, the company had an average in excess of 5 million unique visitors to the company’s sites and on their patented advertising platform.
Stream Syndicate™, the Company’s new advertising platform, adopted by customers including WTVG (ABC O&O) Toledo, Quincy Newspapers with thirteen ABC, CBS, NBC television affiliates and two newspaper operations, Village Voice Media with thirty five community newspapers including well known New Times and Village Voice publications, and Gannett’s Arizona Daily Star and Arizona Republic’s AZCentral.com amongst others saw significant growth reaching almost 2.3 million unique visitors.
Nathaniel T. Bradley, Chief Technology Officer for Modavox: “We’re pleased with the considerable growth in our audience and unique visitor count to in excess of 5 million. Our figures indicate that in 2006, we had approximately 500,000 monthly average unique visitors while in 2007, we had roughly 2.2 million. To see current monthly averages now breaching the 5 million mark this early in the year is clearly very encouraging; especially in light of some of our just recently launched initiatives aimed at further enhancing audience growth.”
David J. Ide, Chief Executive Officer for Modavox, stated, “In this day and age where online advertisers are seeking to increase their return on investment for their online ad spending, through means such as targeted and behavioral advertising, it’s important to note that not only do we have a patented advertising platform that provides those features, but our Internet radio audience is primarily niche oriented. This combined with the fact that our typical user is indicated to stay online an average of 15-20 minutes, makes this audience potentially very ripe for online advertisers to monetize. Lastly, considering the multitude of completed acquisitions in the space that could serve as potential comparables for valuing unique visitors, we are led to believe that continued growth in our own audience will complement our on-going efforts toward building sustainable long term shareholder value.”
About Modavox
Modavox, Inc., 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. More information about Modavox can be found at www.modavox.comPosts: 297 | Registered: Nov 2006
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Modavox Announces Successful Global Pay-Per-View Broadcast Event for Eckhart Tolle Wednesday March 12, 11:35 am ET Sounds True Utilizes Patented BoomBox 2.0 Video for Global Event
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB:MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today that through the use of its patented BoomBox Video box office software and partnership with Sounds True, it has successfully delivered a global live Internet Pay-Per-View event for bestselling author Eckhart Tolle. The event that was held at th