NeXplore Corporation (OTC: NXPC) today announced the acquisition of ClickCaster.com and CastLister.com, popular websites that provide easy-to-use tools for creating, publishing, tracking and subscribing to audio and video podcasts.
Under the terms of the agreement, NeXplore acquired ClickCaster.com and CastLister.com domain names, user bases, associated revenues and a perpetual license to use the ClickCaster.com and CastLister.com application software for podcast creation, publishing and management.
Launched in 2005 by Colorado-based ClickCaster, Inc., ClickCaster.com and CastLister.com currently have approximately 245,000 unique users. Collectively, ClickCaster.com and CastLister.com average more than 10 million hits per month.
Said Edward Mandel, CEO of NeXplore Corporation, “We are excited to add these popular websites to the NeXplore portfolio. ClickCaster.com and CastLister.com make podcast creation and publishing fast, fun and easy and align perfectly with NeXplore’s mission to provide web-based tools and destinations that transform and improve the online experience. We plan to work quickly to integrate ClickCaster podcasting capability into NeXplore Search, our recently launched Web 2.0 search destination optimized for a superior end-user experience, rich-media display and social network integration.”
"We’re committed to making this transition smooth in order to help NeXplore quickly realize the potential of the clickcaster.com technology,” added Keenan Gates, CEO of Medioh! Inc., a ClickCaster company. “This transaction will help Medioh! focus on mass aggregation and distribution of quality video.”
About NeXplore Corporation
NeXplore Corporation (OTC: NXPC) improves the online experience by providing Web tools and destinations that empower people to drive and define a World Wide Web perfectly suited for their unique needs, interests, and online pursuits. For advertisers, NeXplore offers a full array of search, display and interactive advertising products to reach and engage targeted consumers. For more information about NeXplore Corporation, visit http://www.nexplorecorporation.com/.
Forward-Looking Statements: A number of statements contained in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements. These risks and uncertainties include, but are not limited to: our ability to commercialize a proprietary product, our ability to generate product sales and operating profits, potential vulnerability of technology obsolescence, potential competitive products by better capitalized companies, potential difficulty in managing growth, dependence on key personnel, and other risks which will be described in future company Securities and Exchange Commission filings.
Investor Contact: Media Contacts:
Stewart Clancy Rory Doherty
(214) 432 -0637 (214) 459-6321
sclancy@NeXplore.com rdoherty@NeXplore.com
