News / Finance
QualityStocks.net News – Modavox, Inc. (MDVX.OB) Partners Up with Limelight Networks, Inc. (LLNW) for Global Content Delivery - 1/3/2008
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Modavox, Inc. (OTCBB: MDVX) is an Internet broadcast company, producing audio and video media content for targeted audience. It provides production services for various original, live, and prerecorded Internet talk radio programming on its VoiceAmerica Network, as well as provides software solutions that create digital online audio/visual media for business-to-business and business-to-consumer communications.
In our client’s news today,
Modavox announced that it has signed an agreement with Limelight Networks (NASDAQ: LLNW) for Global Content Delivery services associated with its Internet Radio and Interactive operations.
Limelight Networks is the leading Content Delivery Network (CDN) for digital media and was one of the pioneers in the industry that integrated Adobe Flash Media Server in a true edge-origin CDN architecture. Modavox has implemented the Adobe Flash Media Streaming Server 3 architecture into its World Talk Radio(R) and VoiceAmerica Networks(R) Internet Radio operations, in addition to its patented BoomBox Radio(R) and BoomBox Video(R) software products.
David J. Ide, Modavox Chief Executive Officer, stated, “This new generation of streaming media provided by Limelight Networks adds a layer of scalability and Global performance for our BoomBox Platforms. This expanded infrastructure is a powerful additive to our On-Demand and Live streaming media services and product lines. In addition, their willingness to work with us on partnership opportunities and their being located right down the street from us in Phoenix has the potential to create additional synergies. Most importantly, we anticipate the partnership to yield considerable cost savings enhancing profitability.”
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