MediaBay, Inc. and Voquette Inc. Enter Into Strategic Marketing Alliance.Business & Technology Editors MORRISTOWN, N.J. and SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif.--(BUSINESS WIRE)--May 17, 2000 MediaBay to be Exclusive Provider of Spoken Word Content to Voquette.com Voquette to Produce Co-Branded MediaBay Media Manager(TM) Software MediaBay, Inc. (Nasdaq: MBAY), the leading provider of premium spoken word audio content and products in hard goods and digital download  The perspective and/or examples in this article do not represent a world-wide view. Please [ edit] this page to improve its geographical balance. formats and Voquette Inc., today announced a multi-year
strategic marketing alliance. The agreement names MediaBay as the
exclusive provider of spoken word content and products for Voquette,
including audiobooks, old-time radio  This article or section may deal primarily with the U.S. and may not present a worldwide view. shows and audio versions of
newspapers, magazines and other spoken word content for select content
that MediaBay offers. Voquette, which delivers audio content to portable
web audio devices through innovative technology, will co-brand versions
of its Voquette Media Manager(TM) software with the name "Voquette
Media Manager(TM) for MediaBay". MediaBay and Voquette will promote
the software and MediaBay's digital audio content through their
respective web portals- www.MediaBay.com and www.Voquette.com.
The Voquette Media Manager(TM) is the only software that allows users to easily download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. , record, organize, and play all popular audio formats, including Real Audio(R), Windows Media Microsoft's audio and video framework for Windows, which embraces playback, encoding and streaming. Windows Media Player is the digital jukebox and media player that comes with every version of Windows. (R), and MP3 files. MediaBay will share in profits from the sale of advanced versions of the co-branded software, which is offered free in its basic form. Voquette will receive a commission for sales of MediaBay content and products, including physical and downloadable formats, on the Voquette.com Web site. As part of the agreement, Voquette and MediaBay will also jointly promote the sale and distribution of portable web audio devices, including MediaBay branding on web audio device product packaging, in-box promotional literature and content promotional discs. "The agreement with Voquette represents a great opportunity for MediaBay to expand brand awareness and access to potential customers while generating revenues through distribution of our content and products, including cassettes, CD's and digital downloads, on Voquette.com. The agreement also provides appealing new technology to our 2.3 million existing customers," said Michael Herrick, Chief Executive Officer of MediaBay, Inc. "Voquette's Media Manager software will offer our customers a convenient way to capture, organize and listen to digital downloads of their favorite MediaBay content." "We wanted to partner with MediaBay because of their extensive library of spoken audio content and vast marketing reach," said Philip Monego, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Voquette. "This agreement will provide our existing customers with exciting new audio content and give us the opportunity to extend the market for our unique software through MediaBay's promotion of the co-branded Voquette Media Manager." About Voquette Voquette is expanding the potential of Web audio with new technologies that enable people to find, capture, organize and listen to all forms of Internet audio See RealAudio. content on their computers and a variety of portable audio devices. Voquette has partnered with leading consumer electronics manufacturers including, Philips Electronics and Sharp Electronics; and major content providers and Web audio leaders such as MP3.com. The Company is venture-backed by a group including 21st Century Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the Ventures, Citigroup Investments, MP3.com, Inc., Philips Electronics, iMinds Ventures and Voquette's CEO and Chairman, Philip J.Monego, Sr. Based in San Mateo, CA, Voquette is led by a team of industry veterans from highly successful Internet, computer, networking, database and consumer electronics companies. www.voquette.com. About MediaBay, Inc. MediaBay, Inc. is the leading provider of premium spoken word audio content and products in hard goods and digital download formats both online and offline which it markets to its customer database of over 2.3 million names and more than 1.5 million unique website visitors. MediaBay, Inc. is one of the world's largest marketers of audiobooks through its Audio Book Club membership club, which markets and sells over 70,000 audiobook titles through direct mail and the Internet at www.audiobookclub.com. MediaBay, Inc. is also one of the world's largest marketers of old-time radio shows and classic videos through its Radio Spirits subsidiary which markets and sells its content library of over 60,000 radio shows and 3,500 videos on audio cassette A 1/8" inch, analog audio tape format that has been widely used for music distribution and home recording. Although the same size housing is used, the tape thickness and length determine the recording time. Cassettes holding from 15 minutes to 60 minutes per side have been manufactured. , compact disc and video cassette video cassette Noun a cassette containing video tape video cassette n → videocassette f video cassette n → through direct mail, retail and radio channels, as well as through the Internet at www.MediaBay.com. MediaBay.com, the Company's media portal site Noun 1. portal site - a site that the owner positions as an entrance to other sites on the internet; "a portal typically has search engines and free email and chat rooms etc. , is an innovative content and e-commerce website offering the Company's millions of customers and website visitors a single location for premium spoken word content and products available in hard goods and secure digital download formats. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Under The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements which are not historical facts contained in this press release are forward looking statements that involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Such factors include, but are not limited to risks relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Company's direct mail campaigns and the ability of its book club to retain members, risks relating to the Company's growth strategy, dependence on third party service providers, uncertainty of the scope of future product returns, collection and risks associated with selling products on credit, competition and other risks detailed in the Company's Securities and Exchange Commission filings. The words "believe" and "should" and similar expressions identify forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made |
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