Modavox and Chambers Communications Corporation Complete Streaming Agreement.Advertising Revenue Share and Rich Media Content Delivery Agreement with Oregon ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. Affiliate Stations and Modavox to Benefit Both Media Companies PHOENIX -- Modavox, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :MDVX) today announced it has completed an agreement with media production, broadcast and cable distribution company, Chambers Communications Corporation to bring streaming video A one-way video transmission over a data network. It is widely used on the Web as well as company networks to play video clips and video broadcasts. Computers in home networks stream video to digital media hubs connected to a home theater. and audio applications for local and national advertising campaigns for their Oregon ABC affiliate networks, KEZI and KDRV. This revenue sharing revenue sharing Funding arrangement in which one government unit grants a portion of its tax income to another government unit. For example, provinces or states may share revenue with local governments, or national governments may share revenue with provinces or states. opportunity will utilize Modavox's patented BoomBox system employed for the delivery of rich media content. Chambers Communications Corporation (www.cmc.net/~chambers/) consists of three broadcast television stations operating as ABC affiliates; one cable system; a television, movie and video production company; and an ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. provider. This new agreement between media companies includes worldwide distribution of news, weather, and sports content as well as archiving of this content utilizing Modavox's content delivery network and BoomBox technology. Other contract details include banner ad A graphic image used on Web sites to advertise a product or service. Banner ads come in numerous sizes, but are often rectangles 460 pixels wide by 60 pixels high. Also 460 x 55 and 392 x 72 sizes are commonly used. products; video banner and video inserted into broadcast ads; and detailed reporting structures. Modavox Vice President of Business Development and Strategic Marketing, Nathaniel Bradley, stated, "It is our privilege to be working in concert with Chambers Communication Corporation as it represents part of our own corporate goals to provide our state of the art rich media technologies to traditional media looking to expand to the Internet markets." Mr. Bradley continues, "We expect a successful launch and mutually profitable results." Modavox, Inc. (www.modavox.com), a pioneer in Internet broadcasting, producing and syndicating online audio and video, offers 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. NOTE TO EDITORS: In an Internet address noted in this news release, there is a tilde A symbol used in Windows, starting with Windows 95, that maintains a short version of a long file or directory name for compatibility with Windows 3.1 and DOS. For example, the short version of a file named "Letter to Joe" would be LETTER~1. Then "Letter to Pat" becomes LETTER~2. between the first forward slash and the word "chambers." The tilde symbol may not appear properly in some systems. |
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