Business Services Industry
Oasis Television Network Signs Exclusive Licensing Agreement with Modavox
Business Wire, Sept 29, 2008
Largest Online Mind, Body and Soul Library to Leverage Modavox's Patented BoomBox[TM] Video Platform and StreamSyndicate[TM] Advertising Platform for Global Distribution
PHOENIX -- Modavox, Inc. (OTCBB:MDVX), Internet broadcasting pioneer and holder of several patented technologies; today announced that the Company has solidified an agreement with OasisTV (www.oasistv.com) to exclusively broadcast their online library. The networks content will be distributed via the Company's BoomBox[TM] Video Platform and will also leverage its StreamSyndicate[TM] Advertising Platform, all built upon the Company's patented technology which includes exclusive behavioral targeting capabilities.
The Oasis Television Network launched in 1997 on satellite to become the world's first holistic/personal growth cable/satellite programming service in the world. Since then, Oasis TV has been operating as a cable channel and Internet video content provider. It has provided branded video to USA Broadcasting, RealNetworks and MSN. Currently, Oasis TV is available in 1.1 million Los Angeles cable households 24x7 on Time Warner Cable channel 1 and in 700,000 Houston, Texas cable households 7 nights a week from 9-11pm on Comcast channel 19.
Oasis TV programs are available online and commercial-free and in their entirety in the Oasis TV Screening Room. Consumers access the programs on Oasis TV's website on a monthly subscription video-on-demand basis.
David J. Ide, Chief Executive Officer for Modavox stated, "We're pleased to have secured this agreement with Oasis TV. Our patented BoomBox[TM] Video Platform will provide them with sophisticated geo-targeting, play list controls, pre-roll and audio visual advertising capabilities that set the Modavox offering apart from the competitors. Our Stream Syndicate[TM], what we believe to be the next generation of advertising delivery, will provide them with an advertising delivery platform that will give their advertisers more features for less of their spend enabling them to monetize their growing audience."
According to Oasis TV founder and CEO Robert Schnitzer, "The Modavox technology, including the Modavox BoomBox[TM] and StreamSydicate[TM], will be the centerpiece of our website face-lift, which we plan to launch in October 2009. These are major components and we expect them to benefit Oasis TV's users as well as advertisers seeking to reach our upscale, highly educated and largely female demographic."
Ide further stated, "As we continue to see more and more companies embracing our platforms, it's important to note we also benefit from an increasing unique visitor count which simultaneously grows our own audience along side of our customers."
About OasisTV
Oasis TV is an innovative cable network and independent content provider of branded Body-Mind-Spirit video programming. Its content encompasses the following broad range of topics: Health & Healing, Metaphysics & Spirituality, Earth & Environment, World Peace, Visionary Arts, and Personal Growth.
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. 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. For more information, please visit 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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