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.
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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.
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News for 'MDVX' - (The Pre-Eminent NFL Voice for a Generation Pat Summerall to Launch Hard Hitting Sports Talk Radio Show with Modavox VoiceAmerica(TM) Sports Network Will Produce Groundbreaking Interactive Sports Talk Programming with Legendary Sports Commentator Pat Summerall)
PHOENIX, Jul 24, 2007 (BUSINESS WIRE) -- Modavox, Inc. (OTCBB:MDVX), Internet broadcasting pioneer and holder of several patented technologies, today announced it has reached an agreement with Pat Summerall to produce and deliver a weekly hour long Internet sports talk radio show beginning September 5, 2007. The program now in production will be broadcast on Modavox's VoiceAmerica(TM) Sports Network, the emerging leader in Internet sports talk radio.
Jeff Spenard, President of Internet Radio for Modavox, stated, "It's truly an honor for our entire organization to have this opportunity to work with Pat Summerall. We have such a tremendous opportunity with Pat's new Internet Radio Show to utilize our BoomBox Radio(R) platform and VoiceAmerica Sports network to distribute world class sports talk content. This show is going to captivate our listening audience like only Pat Summerall can."
"Licensing our patented BoomBox Radio(R) software, Pat Summerall's show will have a value proposition for sponsors and advertisers that is vastly more sophisticated, robust, and targeted than traditional Sports Talk Radio offerings. Advertising management enabled by our platform allows ads to be displayed differently based on the geographic locations of listeners," said Nathaniel Bradley, Modavox Chief Technology & Product Officer.
Pat Summerall stated, "During the many years of broadcasting many events, I have met many whom I would like to know more about. Our new show will give me the opportunity to do this and let you, as the listener, be part of it. If I have an opinion, and I always do, this will be my opportunity to share it with you. Since this is all new, I can't wait."
About Pat Summerall
Pat Summerall played his pre-college football at the University of Arkansas, where he was recognized as an All-State selection in football, as well as basketball. He also earned varsity letters in both baseball and tennis. Summerall played college football from 1949 to 1951 at the University of Arkansas, where he played the defensive end, tight end, and place kicker positions.
Summerall spent 10 years as a professional football player in the National Football League, primarily as a placekicker. The Detroit Lions drafted Summerall as a fourth-round draft choice in 1952. Summerall played the pre-season with the Lions before breaking his arm, which ended the year for him. After that season, he was traded and went on to play for the Chicago Cardinals from 1953 to 1957 and the New York Giants from 1958 to 1961. His best professional year statistically was 1959, when Summerall scored 90 points on 30-for-30 (100%) extra-point kicking and 20-for-29 (69%) field goal kicking.
Amazingly his broadcasting career was even more impressive, getting his start with CBS Sports in 1960. Summerall also did sportscasts for the network's flagship radio station, WCBS-AM. In 1969, Summerall took part in NBC's coverage of Super Bowl III. During the 1970s, Summerall usually worked with Tom Brookshier as his broadcasting partner for NFL (mostly NFC) games, and the colorful Summerall-Brookshier duo worked three Super Bowls (X, XII, and XIV) together. In 1981, Summerall was teamed with former Oakland Raiders coach John Madden, a pairing that would last for 22 seasons on two networks and become one of the most popular and acclaimed partnerships in TV sportscasting history.
Summerall's stature as the premier TV voice in pro football was a result of two things: first, his ability to play the straight man alongside John Madden's lively, verbose persona; second, his economic delivery that magnified the drama of a moment while allowing the pictures to tell the story. One of Summerall's most memorable on-air calls was his account of Marcus Allen's electrifying touchdown run in Super Bowl XVIII. The transcript is surprisingly sparse: "Touchdown, 75 yards!" That the quote is memorable is testament to the weight of Summerall's baritone-like voice when he was at the height of his powers as an NFL broadcaster.
Summerall also broadcast professional golf and tennis including the 30 Masters, 26 U.S. Open two French Open tournaments during his tenure at CBS, and was the play-by-play announcer for the 1974 NBA Finals, CBS' first season broadcasting the NBA.
Summerall continues to do voiceover work on CBS Masters broadcasts, and also provides commentary for the Golden Tee golf video game.
In 1994, the FOX network surprised NFL fans by outbidding CBS for the NFC broadcast package. One of the network's first moves was to hire Summerall and Madden as its lead announcing team.
Summerall has broadcast 16 Super Bowls on network television with CBS and Fox, more than any other announcer. He also contributed to 10 Super Bowl broadcasts on CBS Radio.
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Still expecting an eventual break out to new highs in excess of 2.05 on MDVX shares. View recent retracement as compelling opportunity.
Believe this company is literally sitting on some of the most valuable intellectual property in the entire internet space which is being widely infringed on forcing an eventual acquisition of the company.
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Stockman...I still have some free shares of MDVX. However, I recommend hold off on investing in the company until it is breaking that 2.05 barrier. I told ya that like 7 months ago. You could have put money in a CD and made some. I dont know when it will break that 2.05.
I am 100% sure it will one day!
-------------------- This is not a recommendation to buy or sell securities.
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Wasserman Morris Reiterates Speculative Buy on MDVX with $2.50 target.
We reiterate our Speculative Buy and our $2.50 per share price target. In as much as Modavox, Inc. (MDVX) delivered another round of double digit top-line growth, we believe the sharp growth anticipated is slated for the second half of fiscal year 2008 (2HFY08), starting 08.31.07. Hence, the results have not impacted our projections for the Company. Further, while the new contract mix duration is extending outward with more predicable sales traction, we expect the short term impact will engender wider early losses given the expenses are recognized during the period, while the sales will be largely a deferred asset. For example, in 1QFY08, MDVX sold more 26, 39 and 52 week contracts than they did 13 week contracts. The two edge sword is that Modavox should have reduced contract attrition and more consistent cash flow, yet, the newer contracts will have less immediate sales (offset with an increase in deferred revenue asset). Furthermore, the expenses will be front-loaded, resulting in a near-term gross & operating margin reduction.
Modavox’s Interactive Media Division is still lacking growth catalyst, yet from these efforts and filing continuation with the United States Patent and Trademark Office (USPTO), the MDVX was awarded a new patent and favorable indication on a third patent during the first week of the Company’s second quarter. The Interactive Division also shows promise with scalable revenue potential in E-learning projects, such as University of Phoenix, McGraw-Hill and Garnett.
MDVX has increased its presence in Internet Talk Radio, with its agreement with Pat Summerall to produce and deliver a weekly hour long Internet sports talk radio show beginning September 5, 2007. The program now in production will be broadcast on Modavox’s VoiceAmerica(TM)Sports Network, the emerging leader in Internet sports talk radio.
Modavox also increased internal management depth with the hiring of Karina Kasztelnik as Corporate Controller. Kasztelnik was formerly Chief Bank Accountant for ABN AMRO Bank in Warsaw, Poland, up until her move to the United States. She brings with her seventeen years of experience of progressive accounting and finance experience as well as supervision in the international banking and US medical device industries. She is also a Certified Chartered Accountant for European Union, an MBA & CPA candidate, a Certified Tax Consultant for USA, and a member of the AICPA, IMA, and NATP, respectively
Finally, the valuation .take-out. terminal multiples for this space are astounding. MDVX delivers content straight to desktops and internet-enabled devices with rich media advertising. Together with other patented advertising technology, MDVX has a very strong niche that would be very attractive to mainstream search engines or large scale internet companies. For example, AOL recently acquired a behavior advertising network (Tacoda) for $275 million, beating out Microsoft in the bidding war.
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Modavox Files Patent Infringement Lawsuit Against Tacoda Thursday August 9, 1:25 pm ET Company Files Lawsuit in U.S. District Court in New York's 7th District Seeking Injunctive Relief and as Yet Unspecified Damages
PHOENIX & NEW YORK--(BUSINESS WIRE)--Modavox, Inc. (OTCBB:MDVX - News), an Internet broadcasting pioneer in the production and syndication of online audio and video, announced today that it has filed a lawsuit against Tacoda, Inc. in the United States District Court for the Southern District of New York (Case No. 07 CV 7088). In the suit, Modavox asserts its claim that Tacoda is infringing on United States Patent No. 6,594,691, "Method and System for Adding Function to a Web Page," and may soon issue claims from at least one additional patent. Modavox is seeking injunctive relief and as yet unspecified damages stemming from Tacoda's infringing activities. ADVERTISEMENT
This suit against Tacoda is the first step in a potentially wide-reaching campaign designed to enforce Modavox's proprietary rights to its groundbreaking technology and to advance Modavox to its rightful place in the industry. Modavox intends to utilize its increasing business resources to further expand its ongoing analyses of activity within the industry, including identifying additional potential infringers of its expanding patented intellectual property portfolio.
"Modavox's commitment to innovation has yielded highly valuable patented intellectual property. Our management team, in conjunction with Fox Rothschild LLP, made a strategic business decision to design, create and execute a comprehensive plan in support of our patented process and technologies," said David Ide, CEO at Modavox. "We knew that decision would likely include pursuing enforcement through the legal system, and we are confident that the action we have taken today is an appropriate step on behalf of our shareholders and believe it will allow us to begin to reveal the true value of our patented intellectual property."
Nathaniel T. Bradley, Chief Technology & Product Officer at Modavox, stated, "Upon review of data produced from our thorough infringement analysis, it's clear to us that Tacoda is infringing on the Modavox patents. Our leading edge technical innovations in customized content delivery have been used by Tacoda, as well as by a growing list of identified infringers, and is foundational to their product lines. The action today by Modavox is paramount to our overall patent enforcement strategy and is the culmination of years of effort; it is a long-awaited milestone for our company."
Dr. Daniel F. Coughlin of Fox Rothschild, who is acting as Modavox's lead counsel in the case, stated, "We are confident in both the validity of Modavox's patent assets and the importance of their proprietary technology in this sector of online commerce. This suit clearly should demonstrate both of these points and, at the same time, serve notice on the industry that Modavox intends to take all steps necessary to leverage fully its technology and its intellectual property to further its business goals."
About Fox Rothschild
Fox Rothschild LLP (www.foxrothschild.com) 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.
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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Unknown Modavox Targets AOL's Tacoda to Cash in on Patent
By Kate Kaye, The ClickZ Network, Aug 14, 2007
Tacoda's pending acquisition by AOL may have been a catalyst for a new patent infringement suit filed against the behavioral targeting firm. Modavox, an online broadcasting media production firm-turned-software provider, has over the past few months sought to identify patent infringement suit targets, of which Tacoda appears to be the first.
Modavox Thursday announced it had filed a suit against Tacoda in US District Court for the Southern District of New York, claiming the behavioral targeting firm has violated its patent on a
"Method and System for Adding Function to a Web Page." The so-called business method patent covers a technology that serves up customized multimedia content and advertising to Web users. Modavox, a public company, was granted the patent in 2003 under its former name, SurfNet Media Group; the patent application was filed in 1999.
"We really were focused on Tacoda a long time ago when they came out with their whole business model," said Modavox CTO and Chief Product Officer Nathaniel Bradley. "Tacoda is one of many potential infringers out there," he added, noting Tacoda competitors such as Revenue Science, AlmondNet and others are also possible lawsuit targets. "It's impossible for us to sue everybody," he said.
Tacoda is reviewing the Modavox complaint, according to Tacoda CEO Curt Viebranz, who said the company does not comment on active litigation.
In May, Modavox hired intellectual property law firm Fox Rothschild, LLP to represent the company in patent enforcement efforts. The tech outfit commissioned the person behind the patent in question, Andrew Burgess, to study potential infringement suit targets in March. Modavox aims to "create revenue around licensing," said Bradley.
Bradley said he believes Tacoda considered Modavox's technology when developing its own behavioral targeting system. "We have a hard time believing…we weren’t part of their due diligence, their thought process, along the way," he said.
Though Bradley stressed Tacoda has been "on our radar" from the "outset," he admitted AOL's recent agreement to purchase Tacoda got the lawsuit ball rolling faster. "With that filing we felt a sense of urgency," he said. AOL agreed to buy Tacoda last month for $275 million to bolster the behavioral targeting capabilities of its Advertising.com ad network and on its own properties. Tacoda launched in 2001 and refers to its technology as patent-pending.
"Industry consolidation gives patent owners larger and deeper pockets to sue…even though financially stronger defendants also increase the odds of better-funded litigation defenses," said marketing tech law pundit Eric Goldman, Assistant Professor at Santa Clara University School of Law.
Last year Modavox was pondering the viability of a patent infringement revenue model, according to a November 2006 SEC filing stating, "We have recently been approached by a third party to discuss whether it is feasible to pursue suspected infringement of our Modavox Central patent. We currently do not know whether infringement has occurred or the conditions, if any, under which we might pursue this suspected infringement."
It appears as though Modavox has been interested in boosting its interactive software industry presence over the past year or so. The company, which opened a new Interactive Media Division facility in Las Vegas in March, purchased Kino Interactive early last year, adding to its rich media delivery capabilities. v"We're a bit of an unknown," Bradley said, adding, "We haven't spent any money on PR or marketing."
The company provides audio and video content and ad delivery services to Gannett's AZCentral.com and Detroit Free Press, among other sites. Coincidentally, Tacoda enabled behavioral ad targeting for Gannett's USAToday site until discontinuing its publisher-side targeting service.
Since the US Patent and Trademark Office began awarding business method patents to the likes of Amazon.com, eBay and Priceline.com, such patent filings have been increasingly subject to controversy. The patents are used for technologies for things like data processing, and even education and training. In 1999, Amazon was awarded a patent for its "1-Click" online transaction system, and soon thereafter it sued Barnesandnoble.com for infringing on the patented system.
Local search site Local.com was awarded a patent last month covering a method for voice and mobile directory assistance. The company said it will look into charging competitors with patent licensing fees.
Expect more efforts to enforce patents, said Goldman. Noting a general increase in patent litigation, he told ClickZ News, "I would anticipate more patent enforcement even without industry consolidation."
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What Digg is creating and intends to monetize for that "suggested" $150 million is exactly what Modavox already has in its Voice America and World Talk internet radio network.
As you mentioned, at last count Modavox's VA and WT radio audience of unique visitors was already in excess of 5 million, it's likely much higher currently as that figure was prior to adding many new hosts and some recently added quality content over recent months. I expect that number to be well on its way to the 10 million unique visitor count in forthcoming months. With a doubling of unique visitors, so doubles the intrinsic value of that division of the company and so doubles the amount of dollars someone might look to acquire it for.
I said it just yesterday, I stated the internet radio division of Modavox is worth a minimum of $3 a share by itself and that is an extremely conservative number based on the price paid for YouTube and even the potential price of Digg. If you simply use Digg as the example, and assume they had the exact same unique vistor count despite Digg having less than VA and WT, you'd get an approximate $5 per share valuation. $5 a share excludes the patent portfolio which I believe to easily be worth a multiple of the current market value and excludes the interactive division which I expect to gain real significant traction over the balance of the year with its scalable enterprise communications and e-learning platform combined with it's sizeable margins.
What Modavox has just in its internet radio asset is precisely what advertisers want. They want rapidly expanding niche audiences with highly specific interests which can be accurately defined and directly targeted to. I don't believe there is any better audience capable of being monetized by online advertisers than that of VA and WT radio. Better than that, Modavox itself owns the patented IP which helps facilitate geo-targeting and behavioral targeting which both serve to increase advertisers ROI on their add dollars.
When you get a moment, take a good look at the compiled and posted stats in the Wasserman report on internet radio. Look at the demographics, time spent on line, purchasing power and the average socio-economic status of the participants. I believe that info is in there. If mistaken, I know it can all be found online. It's compelling info and speaks directly towards the viability and value of Modavox's internet radio asset in the eyes of big online advertisers. To compliment that info, just look at the projected growth in general of online advertising dollars knowing what the advertisers goal is as discussed above. The stats simply couldn't be more compelling in our favor.
A parting thought, thanks to Mr. Blodget, we now know that Tacoda does little in the way of revenue. Knowing this, it's clear that AOL wanted them and bought them solely for their "targeting" technology and the value it could bring to their online advertising strategy. We know AOL believed $275 million was a fair price to pay for the technology they clearly want to OWN and LEVERAGE.
Why?
"According to eMarketer (June 2007), the behavioral targeting market is set to increase to $3.8 billion by 2011, from $350 million in 2006."
and...
""The acquisition of Tacoda will build on our advertising momentum, letting us better serve advertisers by enhancing our ability to precisely target advertisements across an even broader network," said Ron Grant, AOL president and COO."
That's why!
But what we also recently learned is that Modavox believes that Tacoda's "patent pending" technology, that same technology worth $275 million, is actually based on their already "patented" technology. Let's assume that Tacoda is in fact infringing, which I already believe them to be, then can we also assume Modavox and it's technology is also worth that same $275 million to AOL or someone else?. No trick question here my friends, the answer is clearly YES! The technology itself is what is being bought, it's worth a fortune or at least $275 million and it's either us or Tacoda that owns it.
Just for kicks and giggles, take your calculator, take $275 million and divide it by Modavox's outstanding share count, roughly 35 million currently, and see what you get for a "hypothetical" per share value of Modavox if this technology is proven to be owned by them. This is the clearest example and confirmation of my long standing view that the technology at the heart of both Modavox and recent discussions is worth a significant multiple of Modavox's current capitalization.
For all these multitude of reasons and more, Modavox remains my top idea with a year end target of $4-$5 fully expecting an inevitable liquidity event in the form of the company being acquired by one of many companies.
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Modavox Delivers E-Learning Platform for the National Association for the Advancement of Colored People 'NAACP'
Tuesday August 21, 11:49 am ET University of Phoenix, McGraw Hill and Modavox Partner to Deliver Executive Leadership Certification Program Online for NAACP
PHOENIX & WASHINGTON--(BUSINESS WIRE)--Modavox, Inc. (OTCBB:MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today it has launched an Executive Leadership Certification Program for the National Association for the Advancement of Colored People "NAACP" www.naacp.org. ADVERTISEMENT
The product will provide an e-learning platform for use by the NAACP in executive leadership training and certification. The University of Phoenix and McGraw Hill both contributed content that has been established in a private, secure and accessible online E-Learning platform provided and hosted by Modavox. Notably, the entire project has been funded by the University of Phoenix, a subsidiary of Apollo Group (Nasdaq: APOL - News)
David Ide, Modavox CEO, stated, "Our patented E-Learning platform provides a complete online solution that creates cost avoidance, user generated data collection and increased global training communications efficiency for our customers. We are honored to provide services for the NAACP and can build upon, thanks to this successful collaboration, the relationships this project has yielded with the University of Phoenix and McGraw Hill."
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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Fitness Pioneer Jack LaLanne to Do Live Internet Radio Show on Modavox VoiceAmerica(TM) Network Thursday August 23, 2:19 pm ET Wellness Icon at 93 Breaks into Yet Another Medium after 37 Years in Television; Live Show to Begin September 17
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, today announced that fitness pioneer Jack LaLanne will do a live Internet radio show on the their VoiceAmerica(TM) Network.
He opened the first modern health spa. He was the first to have a nationally-syndicated fitness show on TV. He was the first advocate for combining weight training and nutrition. He was a founding member of the President's Council on Physical Fitness under JFK. He is responsible for disseminating fitness information in every medium including books, television, radio, videos, recipes, websites, products and motivational speeches. And now, he's spreading his good word about fitness on live Internet radio - at 93 years of age.
Modavox, Inc., an industry leader in networked audio and video solutions for live and on-demand Internet broadcasting and syndication, announces the launch of "Jack LaLanne Live" on the VoiceAmerica Network, which streams live Internet talk radio programs and is the single largest producer of Internet talk radio programming in the world. The one-hour show debuts on Monday, September 17 at 9am PST, and can be found every Monday at 9am at www.modavox.com/voiceamerica.
"I'm really excited to be a pioneer in Internet radio as I begin my new show on VoiceAmerica," said LaLanne. "We'll pack the weekly sixty-minute show with exercises, special guests, listener call-ins, a **** segment. It's my opportunity to communicate directly with my audience and answer the many questions I have received over the years in a live forum."
The show will feature, along with Jack LaLanne, his wife Elaine LaLanne and Jack's 30-year-old nephew, Chris LaLanne, who is a body-builder, kinesiologist, and personal trainer. The show will feature information about diet, exercise, proper nutrition and mental well-being, and will include a 15-minute email and call-in segment during which LaLanne will respond live to audience questions.
"Jack LaLanne has a personality like none other, and he's got such a stellar reputation for practicing what he preaches and the timeless advice that he gives," said Sonja Darte, Host Services Manager at VoiceAmerica. "I see his show as becoming a standard part of our programming; there is so much he has to offer our audience going forward."
Captivating audiences with not only his down-to-earth advice on fitness, health, wellness, nutrition and exercise, but also his obvious personal example of fitness and strength at an advanced age, are things Jack LaLanne is known for around the world. Much of what LaLanne has advocated since the 1940s through his teaching and beliefs - the benefit of daily systematic exercise and proper diet - has become common knowledge today and recognized by doctors and experts as principal keys to a longer, healthier life.
About Modavox, Inc.
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.
About VoiceAmerica
Since 1999, Modavox has been streaming live Internet talk radio programs via the VoiceAmerica Network, featuring more than 100 hosts broadcasting on four genre-based channels: its flagship VoiceAmerica Channel, VoiceAmerica Health & Wellness Channel, VoiceAmerica Business Channel, and the newest, 7th Wave Network. VoiceAmerica is the single largest producer of Internet talk radio programming in the world.
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Washington Veteran Insider and President of Wiles Consulting Lanny Wiles Joins Modavox in Business Development Initiative Wednesday August 29, 11:48 am ET With Over 30 Years of Washington Insider and Lobbyist Experience for Major U.S. and International Business Interests, Wiles Brings New Depth and Key Account Acquisition Capability to Modavox
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today that Mr. Lanny Wiles has joined Modavox to continue the market awareness and key account acquisition initiatives around both the Internet Radio and Interactive Media divisions of the company. ADVERTISEMENT
Mr. Wiles comes to Modavox with over 30 years of Washington insider experience, including service to U.S. Presidents Reagan and Bush, U.S. Vice Presidents Quayle and Cheney, in addition to several successful Congressional and Senate campaigns. Mr. Wiles has also worked with many leading U.S. corporations and organizations, such as the PGA Tour (www.pgatour.com). He boasts a wealth of experience and contacts that are highly relevant to the Modavox strategic revenue growth initiatives. Mr. Wiles has also served as a Senior Advisor to former presidential candidates Jack Kemp and Phil Gramm and as Tour Director for Vice President Dan Quayle's successful 1988 campaign. He continues to serve as a Senior Advisor to Senator John McCain of Arizona.
Modavox CEO, David J. Ide stated, "Lanny's experience and connections within the government, corporate, sports, and entertainment markets makes him ideally suited in providing new business opportunities to Modavox. It's always a challenge for any company to get their products in front of decision makers; our relationship with Lanny Wiles gives us immediate access to key accounts well-matched for our products. Modavox has a similar and successful relationship with Barry Goldwater Jr., who recently brought us to a perfect-fit opportunity with the Goldwater Bank in Scottsdale. This is a model that works in adding new key accounts and furthering our foot hold in both the Internet Radio and Interactive marketplaces."
Lanny Wiles stated, "Modavox has developed such high quality patented product lines that meet the currently unfulfilled communications needs of my clients and related contacts in the federal, corporate, sports and political arenas. I'm going to enjoy bringing these solutions to my clients as they create greater efficiency, cost avoidance and in some cases even generate new untapped revenue sources."
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 Lanny F. Wiles
Lanny F. Wiles is the President of Wiles Consulting, a Washington D.C. government affairs company. Wiles Consulting, Inc. represents varied clients before Congress and Federal Agencies. Clients represented include major companies like Emergent (only manufacturer of the Anthrax vaccine, a major public utility, Hydro-Design and others. The company also represents the PGA TOUR and several defense related start up companies. Mr. Wiles is also President of Translinks LLC, an international sourcing group. Mr. Wiles worked for President Ronald Reagan and has been a Senior Advisor to former presidential candidates Jack Kemp and Phil Gramm. He served as Tour Director for Vice President Dan Quayle's successful 1988 campaign. He has served as a Senior Advisor to Sen. John McCain.
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Modavox Launches Website for Lutheran Social Services of the Southwest Providing New Video Broadcasting Platform
Tuesday September 4, 9:45 am ET
New Website Provides Cost Saving Internet Broadcasting Capability Enhancing the Online Presence of 38 year old Social Services Organization
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB:MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, today announced that it has launched a site for Lutheran Social Services of the Southwest at www.lsssw.org. The site includes patented video broadcasting capabilities and features that facilitate a more efficient web based communications strategy for the organization. ADVERTISEMENT
Modavox CEO, David Ide stated, "Our patented technologies enable high quality broadcasting capabilities that provide significant value for companies and organizations of all shapes and sizes. In applications like the one we have deployed for Lutheran Social Services, we provide cutting-edge, cost effective communications capabilities that ensure the work of Lutheran Social Services will continue to have a lasting positive impact upon our communities of the Southwest. We at Modavox are grateful to provide solutions that work in concert with their mission."
Charles E. Monroe, M.Ed., President and CEO of Lutheran Social Services of the Southwest stated, "I want you to know how great Modavox has been with getting us up and running with our Internet based initiatives. I have a great appreciation for the value of what Modavox has provided to our agency."
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 Lutheran Social Services of the Southwest
Lutheran Social Services of the Southwest (www.lsssw.org) As we move through life, we are called to respond to the needs of others. In 1970, Lutheran Social Services of the Southwest (LSS-SW) was established as a multi-service organization. Through the hard work of its staff and volunteers, it continues its commitment to impact people's lives by carrying out the agency's Mission of, "Showing kindness, doing justice, and serving those in need." This hard work and commitment is part of the daily culture of the organization. LSS-SW serves the needs of people throughout our community who may have lost their way, all worldly possessions, their self-respect... their dignity.
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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The Pat Summerall Show Welcomes Former Heisman Trophy Finalist and NFL Superstar Quarterback Troy Aikman on the VoiceAmerica Network Tuesday September 11, 12:32 am ET
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB: MDVX - News) Internet broadcasting pioneer, producing and syndicating online audio and video, today announced that Heisman Trophy finalist, former NFL Quarterback, Troy Aikman joins the Pat Summerall Show on the VoiceAmerica Sports Channel (http://www.modavox.com/sports), online internet talk radio network, on September 11, 2007. ADVERTISEMENT
Aikman has been named the "winningest NFL Quarterback of any decade" and has had a remarkable career. He is a three-time Super Bowl Champion and Super Bowl XXVII MVP. Post-career Aikman went on to become one of the lead analysts for the NFL on FOX.
Pat will talk to Troy about the San Diego/Chicago match-up and how he prepares to announce an NFL game. They will also discuss the play of Cowboys QB Tony Romo on Sunday night.
In addition to this time-honored interview, Pat will breakdown the key match-ups from week one and look at the SUPER SIX players and teams from the week. He will also dissect the big games from week two and give his opinions on who will win in the segment: "Pat's Picks."
In the final segment of the show Pat will analyze some controversies with the Fed Ex golf championship.
"The Pat Summerall Show" debuted on the VoiceAmerica Sports Channel on September 4, 2007 featuring the Coach of the WORLD CHAMPION Indianapolis Colts, Tony Dungy. The Pat Summerall Show airs live every Tuesday at 12 PM Pacific / 3 PM Eastern on The VoiceAmerica Sports Channel.
The VoiceAmerica(TM) Network offers the latest conversations in a talk radio format, providing education, interaction, and advice on key issues live, on demand as well as through pod cast download. If interested in hosting a talk radio show on VoiceAmerica Network, contact Jeff Spenard, Vice President of Internet Radio at 480-294-6417 or at jeff.spenard*modavox.com.
To access the show, log on at http://www.modavox.com/sports. All shows will be available in Pat Summerall's Content Library on The VoiceAmerica(TM) Sports Channel for on-demand and podcast download.
Contact Executive Producer Jeff Spenard at 480-294-6417 or jeff.spenard*modavox.com for advertising / sponsorship information or other show details.
About Modavox/VoiceAmerica
Modavox is the leading producer and distributor of online, talk radio content, streaming approximately 250 hours of live programs and scheduled replays weekly on its Modavox VoiceAmerica(TM) Network (www.voiceamerica.com). Modavox, Inc. (www.modavox.com) is a pioneer in internet broadcasting, producing and syndicating online audio and video, and offering innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through its patented Modavox Central(TM) technology, Modavox "takes the search out of search," delivering content straight to desktops and internet-enabled devices. Through its proprietary StreamSafe(TM), WebcastWizard(TM) and Stream Syndicate(TM) tools, Modavox provides managed access for live and on-demand internet broadcasting and syndication; content management; and online meeting, event management, enterprise communications and distance learning.
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(Second Patent Affirms Modavox's Leading-Edge Role in Web Processes Such as User-Based Customization of Online Content Patent No. 7,269,636 Ratifies Scope of Claims and Further Defines Modavox Breakthrough Inventions)
PHOENIX, Sep 11, 2007 (BUSINESS WIRE) -- Modavox, Inc. (OTCBB:MDVX), an Internet broadcasting pioneer in the production and distribution of online audio and video, announced that the U.S. Patent Office today issued U.S. Patent No. 7,269,636. The patent refines the legal definition of Modavox inventions with claims that accurately reflect how the concepts taught by the foundational U.S. Patent No. 6,594,691 "Method and System for Adding Function to a Web Page" are implemented in state-of-the-art delivery infrastructure and delivery practices seen in the marketplace today.
The new patent leads to a modified complaint filed today asserting the new patent in the infringement case against Tacoda, Inc., pending in the Southern District of New York (Case No. 07-CV-7088).
Modavox CEO, David J. Ide stated, "We've achieved another key identified milestone in the establishment of validity in our patents and the importance of our proprietary technology in our industry. We are pleased with the issuance by the U.S.P.T.O. today of our new patent. Our work for our customers continues to fuel new innovations as we strive as an organization to exceed expectations. Each day, we press forward to capitalize on the opportunities that our technology and position in the market have created and our new patent is just one manifestation of that sizable effort."
"The new patent provides a clearer picture of how state-of-the-art implementations are executed such as the behavioral marketing implementation of Tacoda," said Nathaniel Bradley, Chief Technology & Product officer for Modavox. "Products built upon this patented infrastructure are under constant development and deployment here, and are continually enriched with new innovations. For this reason, we are confident that this, given the required time, will yield even more patents and intellectual property for Modavox. It is important to note the significance of this latest issuance as it is the cornerstone of our patent enforcement strategy and the reason we've begun to take our first actions."
Andy Burgess, Modavox Intellectual Property Consultant, stated, "The 7,269,636 patent delineates an unambiguous threshold for web technologies that allows Modavox to pursue current and future infringement studies unhindered. In addition to Tacoda, we believe additional operations in the behavioral marketing space are infringing and action is being taken through comprehensive infringement analysis and third party verification practices that will provide conclusive actionable data for us moving forward. The 7,269,636 patent also gives an unbiased view as to the ownership of the online vertical market currently occupied by Modavox."
Dr. Daniel F. Coughlin of Fox Rothschild LLP, who is acting as Modavox's lead counsel in the company's intellectual property enforcement and licensing program, stated, "We are all justifiably encouraged by the validation of Modavox's core technology that this patent represents. It is clear that the U.S. Patent Office has recognized the unique importance of Modavox's technology not only in the time frame of its original development, but also in the context of the emerging markets that these patents enable. Modavox's expanding intellectual property places us in an ideal position to seek and gain the industry recognition that the company deserves. More specifically, we are today filing an Amended Complaint asserting the '636 patent in our case recently filed against Tacoda, Inc., pending in the Southern District of New York (Case No. 07-CV-7088). As Tacoda and the rest of the industry will realize, it will not be possible to ignore Modavox's position astride this technology."
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