Today was a great day for Modavox Incorporated as they proudly released their monthly average unique visitors statistics for January and February of 2008. For these two months, Modavox had an average in excess of 5 million unique visitors to the company’s websites and their patented advertising platform. The company’s newest advertising platform, Stream Syndicate, alone generated 2.3 million of those visitors.
Chief Technology Officer, Nathaniel Bradley, commented on the statistics by saying, “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.”
In 2006 the company saw revenues of $1.4 million, but realized a net loss of nearly $2.2 million. This has dramatically changed for 2007 where they saw revenues increase to $2.66 million and narrowed their net loss to only $0.5 million. This 53% increase is attributed to increasing advertising revenue, and with 2008’s already impressive visitation numbers, shareholders can anticipate further growth.
Thirty four year old CEO David Ide said, “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,” he concluded.
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Tremendous Potential in Modavox, Inc.’s (MDVX.OB) Enterprise Solutions
Today, most major companies use the internet for internal announcements, information, and many other communication initiatives. The communication is limited many times to simple text and usually has no interactive capability. However, with Modavox’s patented technology, companies can implement advanced communication objectives. The Company allows full user customization, enabling significantly more efficient communication.
One area is On Demand Broadcasting. This enables companies to customize their media delivery and distribute it to virtually any platform. It easily integrates into any website, allowing the company to drive targeted web traffic to its communication idea. The content can be delivered live or On-Demand through streaming Interactive media packages.
Another area with great potential is broadcasting live events. Company CEO’s, CFO’s and other executive management can conduct live speeches streamed directly to employee’s computers in real time, in addition to a myriad of other live media events. One unique feature of the Interactive solutions software is its ability to allow two-way communication and feedback, such as poling, voting, and blogging, giving companies unlimited message delivery options.
The Interactive Media solutions are also great for corporate profiles. Many companies look for secure ways to show Business Plans and other executive material. This software allows users this ability with Global Distribution Capabilities.
Detail Reporting and testing are also advance capabilities of the Interactive Media solutions. The reports include usage and progress data, and user activity reports. These are provided in real time and are fully searchable and secure. Reports are easily exported to Microsoft office for easy viewing and analysis.
There truly is great potential in the company’s enterprise level media solutions. They are easily integrated into any website and fully customizable to meet the end-user’s specific branding requirements and needs. Almost any company would benefit from this Modavox technology, making it a truly exceptional product.
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Modavox Inc. (MDVX.OB) Names Network Director for VoiceAmerica Sports – the One-Stop-Shop for Sports Broadcasting
Internet broadcasting company Modavox Inc. (OTCBB: MDVX) recently announced Ray Ellis as the network director of VoiceAmerica Sports Network. Ellis’ duties include expanding business opportunities, content production, and advertising sales within the VoiceAmerica Sports Network.
Ellis’ extensive football career with the NFL equipped him with the determination to launch a media technology company, the Kerwin Company, in 2002. He currently serve as network director for VoiceAmerica Sports. The VoiceAmerica Network features more than 100 hosts broadcasting on four genre-based channels. The network includes the VoiceAmerica Channel, the VoiceAmerica Health and Wellness Channel, the VoiceAmerica Business Channel, and the 7th Wave Network.
VoiceAmerica distributes its content through BoomBox, Modavox’s proprietary technology combining radio, Internet, television, music, live events and more. Audiences can visit the VoiceAmerica Sports site, or any other VoiceAmerica network, and listen to, or watch, broadcasts 24/7.
Modavox produces and syndicates online audio and video, offering innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Since 1999, the company has continued to stream live Internet talk radio programs via the VoiceAmerica Network.
Modavox, Inc. (MDVX.OB) Utilizes Patented Internet technology to Deliver Targeted Communications Initiatives Online Modavox, Inc. (MDVX.OB), an online media distribution company and the leading developer of innovative software products that enhance, enable and protect global network based communications, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Founded in 1999, the company is a pioneer in Internet broadcasting, along with producing and syndicating online audio and video capabilities. Through patented Modavox technology, the company provides managed access for live and on-demand Internet radio broadcasting, e-learning and rich media advertising. Modavox is divided into two operational divisions: Internet Radio and Interactive Solutions. The company’s Internet Radio division features Internet Talk Radio network VoiceAmerica™, the world’s largest Internet talk radio network, and the patented Internet radio delivery technology BoomBox Radio™. The Internet Radio division generates revenues from corporate and custom-branded radio solutions, hosting services, advertising and sponsorships. The company’s Internet Radio solutions provide sponsors, advertisers and hosts with highly targeted and affordable access to niche communities worldwide. The Interactive Media division utilizes its software technology to distribute online audio/video streaming products, which support interactive online advertising and provides interactive audio video communication, including the patented BoomBox™ Video. BoomBox Video™ provides sophisticated geo-targeting, play list controls, pre-roll and audio visual advertising capabilities. This patented system enables the creation of complete urban news networks while allowing users to instantly publish video that supports and supplements their traditional operations. Please see disclaimer on QualityStocks.net website: http://Disclaimer.QualityStocks.net
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$1.5 (03/10/08)
