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Modavox Names Steve Kanaval VoiceAmericaT Finance Network Director
Former President of Market News First and Director of Research at Knobias Inc. to Leverage Multi-Media Opportunities on Behalf of Company
PHOENIX - Modavox, Inc. (OTCBB:MDVX - News),Internet broadcasting pioneer and holder of several patented technologies, today announced that Steve Kanaval has been named Network Director for Modavox’s VoiceAmerica™ Finance Network. Steve will assume the role immediately working from the Company’s Las Vegas office where he will be focusing on expanding business opportunities, content production, and advertising sales.
Steve Kanaval was an original member of the Morgan Stanley Futures Task Force at the Chicago Mercantile Exchange. He worked in the S&P 500 as a market maker from its inception where he was an original index and option market seat holder at the exchange in 1982. Steve was also President and founder of Chicago Arbitrage Group as well as being a money manager for twenty five years in US and foreign markets, having managed portfolio's ranging from $1 million to $300 million. Additionally, he managed market making operations at Wells Fargo and various trading desks where he was responsible for all capital commitment. Steve has also served on the advisory boards of multiple US public companies.
Steve Kanaval commented, “I’m extremely excited to be taking an active role in Modavox and their VoiceAmerica™ Finance Network. I have closely followed the company’s progress for the last two years and have a keen appreciation for how well they have positioned themselves within the online advertising and new media space. I look forward to leveraging the existing Modavox audience as well as my own audience built over recent years. Stay tuned for the anticipated launch of SmallCap Confidential in July, where we intend to combine compelling journalism and online video in a daily show aimed at syndication”
David J. Ide, Chief Executive Officer for Modavox stated, “We’re pleased to welcome Steve to the Modavox team. His past media experience combined with his existing contacts make him ideally suited to lead the development of the VoiceAmerica™ Finance Network. Steve will be heading up our Las Vegas office housed inside Sun Media Productions state of the art studios. Sun Media Productions currently provides production and post production services for MTV, NBA, MGM, CBS, HBO, SHOWTIME, ESPN, Jim Henson Productions, Penn and Teller, Wynn Resorts, TBS and other leading organizations.
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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