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Modavox Completes Asset Acquisition of Internet Software Developer RadioPilot
RadioPilot's Internet Radio Application Expected to Further Bolster Company's Unique Visitor Count
PHOENIX - Modavox, Inc. (OTCBB:MDVX - News)Internet broadcasting pioneer and holder of several patented technologies, announced today announced it has closed the acquisition of the assets of Washington-based RadioPilot.
The RadioPilot Internet Radio publication system allows search engines to index rich media more effectively and has other additive capabilities to the Modavox patented BoomBox Radio Platform. RadioPilot optimizes search structure for difficult-to-categorize rich media content by blending a categorical hierarchy at all levels of each and every Internet radio element. It also includes an easy-to-browse media experience that is highly optimized for individual searchers as well as search engines.
The suite of technologies also provides a series of software widgets enabling new product features for the Modavox Network and Interactive Agency operations. These widgets include; SitePILOT, a development platform allows novice Internet publishers to create feature rich interactive websites, MemberPilot, a self-maintaining community management and tracking utility, SendPilot, a high volume email publication system and community based distribution system, and Referral Pilot, a widget designed to increase traffic through viral referral and content syndication.
David Ide, CEO of Modavox stated, “Successfully completing the asset acquisition of RadioPilot is a furtherance of our strategy to maximize our revenue production and leadership in Internet Talk Radio. We will continue to look for ways to extend our reach while seeking exponential unique visitor growth, which we believe is achieved through the RadioPilot acquisition. Within the enabling Patented Modavox Platform, the RadioPilot system and related products are more viable and efficient being deployed in conjunction with our customized communications solutions. We are dedicated to cultivate the broadcast radio revenues and advertising prospects. RadioPilot will provide us that opportunity.”
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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