Company's January 2009 Unique Visitor Count within the Modavox Advertising Network is in Excess of 15 Million
PHOENIX, Feb. 3 /PRNewswire-FirstCall/ -- Modavox, Inc. (OTC Bulletin Board: MDVX), Internet broadcasting pioneer and holder of several patented technologies, today announced that as of January 2009, the Company had an excess of 15 million unique visitors to the Company's patented advertising platform called the Stream Syndicate.
Stream Syndicate(TM) the Company's new advertising platform, adopted by customers including WTVG (ABC O&O) Toledo, Quincy Newspapers with thirteen ABC, CBS, NBC television affiliates and two newspaper operations, Village Voice Media with thirty five community newspapers including well known New Times and Village Voice publications, and Gannet's Arizona Daily Star and Tucson Citizen, Black Hills Pioneer's South Dakota News Network, and West Virginia Media's network television affiliates are amongst others that contributed to the significant growth reaching over 15 million unique visitors as of Jan 31, 2009.
Nathaniel T. Bradley, Chief Technology Officer for Modavox stated, "The growth in unique visitors to our advertising platform confirms that we have a solid infrastructure to build from. 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 our unique visitor count top 15 million is clearly very encouraging considering some of the larger sites that we have only recently begun to support within our advertising platform."
David J. Ide, Chief Executive Officer for Modavox stated, "In this day and age where online advertisers are seeking to increase their return on investment for their online ad spending through means such as targeted advertising, it's important to note that not only do we have a patented advertising platform that provides exclusive targeting, but we have also positioned it within the marketplace to provide industry leading features, simple fixed pricing, and an overall more for less value proposition. This growth in unique visitors to our advertising platform represents tangible progress in terms of our focused effort on the growth of our advertising production, hosting and delivery business. Lastly, considering the multitude of completed acquisitions in the space that could serve as potential comparables for valuing unique visitors, we are lead to believe that continued growth in our own audience will compliment our on-going efforts toward building sustainable long term shareholder value."
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. 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 most recent 10-K filing and subsequent 10-Q filings as well as other filings with the Securities and Exchange Commission.
Investors
C&H Capital, Inc.
Jason Assad
(678) 570-6791
