AdStar Signs First International License Client; Associados to Host and Market AdStar's XML Gateway Platform in Brazil
September 06 2005 - 8:30AM
PR Newswire (US)
AdStar Technology to Also Power Web Advertising Platform for
Associados' 12 Newspapers MARINA DEL REY, Calif. and BELO
HORIZONTE, Brazil, Sept. 6 /PRNewswire-FirstCall/ -- AdStar, Inc.
(NASDAQ:ADST), a leading application service provider for the
classified advertising industry, today announced that it has
entered into an international licensing agreement with Associados,
one of Brazil's largest media organizations. As part of the
agreement, Associados has purchased the internationalization of
AdStar's platform into Portuguese, and will host AdStar's XML
Gateway Platform and market the technology to publishers throughout
Brazil. In addition to representing AdStar in Brazil, Associados
(http://www.uai.com.br/) will implement AdStar's XML Gateway
Platform as a key component of its own initiative to build the
market-leading advertising and e-commerce system in Brazil.
AdStar's Web-based technology will power ad transactions for
Associados' 12 newspapers, which include Correio Brazilliense in
Brasilia, the capital of Brazil; Estado de Minas in Belo Horizonte,
the third largest city in Brazil; and O Diario de Pernambuco, the
oldest newspaper in Latin America. "We undertook an extensive
search to find the elements necessary for a successful web
presence, and we decided to use AdStar as the e-commerce engine for
our advertising solution," stated Geraldo Teixeira da Costa Neto,
director of Internet services for Associados Group. "We were
particularly impressed with AdStar's ability to reverse publish our
web ads back into print -- which is of critical importance in
Brazil. AdStar's XML Gateway Platform will be installed alongside
vertical advertising solutions for automotive and real estate
advertisements from Morris DigitalWorks, and its ability to handle
complex integrations was key to our selection of AdStar's
technology." "Associados offers us a great opportunity to expand
the deployment of our e-commerce platform outside of the United
States into South America's largest media market and the fifth
largest country in the world," said Leslie Bernhard, president and
chief executive officer of AdStar. "Associados has an impressive
media presence throughout Brazil, including the ownership of
several ISPs, and is ideally positioned to serve as a regional host
and marketing agent for our technology. The agreement demonstrates
continued growth of Internet use in global newspaper markets, as
well as interest from international publishers in integrating
third-party Web applications using our AdStar e-commerce platform.
We look forward to working with Associados and their newspapers to
enhance their advertising offerings with AdStar's ad transaction
technology and to market our business solutions to publishers
throughout Brazil." AdStar's technology allows advertisers to use
the Internet to create, schedule and pay for their classified ads
for publication in print and online versions of the newspapers
through a single online transaction. AdStar manages the entire ad
transaction, from formatting to payment processing, and offers
several value-added services to help advertisers enhance their ads'
look, feel and reach. Based in Belo Horizonte, Brazil, Associados
is an 80 year-old media group with more than 4,600 employees that
owns and operates 12 newspapers, seven television stations, 13
radio stations and three Internet Service Providers. For more
information about Associados, visit http://www.uai.com.br/. For
this agreement with AdStar, Associados was advised by Phil Lowe at
MediaSecure, http://www.mediasecure.co.uk/ About AdStar, Inc.
AdStar, Inc. (NASDAQ:ADST) is the leading provider of e-commerce
transaction software and services for the advertising and
publishing industries. AdStar's proprietary suite of e-commerce
services includes remote ad entry software and Web-based ad
transaction services, as well as payment processing and content
processing solutions that are provided through its Edgil Associates
subsidiary, the industry's largest supplier of automated payment
processing services. AdStar's ad transaction infrastructure powers
classified ad sales for more than 40 of the largest newspapers in
the United States, the Newspaper Association of America's
bonafideclassifieds.com, CareerBuilder and a growing number of
other online and print media companies. EdgCapture, Edgil's
automated payment process solution, is currently employed by call
centers at more than 100 of the nation's leading newspapers and
magazines. AdStar is headquartered in Marina del Rey, Calif., and
its Edgil office is located in North Chelmsford, Mass. For
additional information on AdStar, Inc., visit
http://www.adstar.com/. Forward Looking Statements This release
contains forward-looking statements concerning the business and
products of the company. Actual results may differ from those
projected or implied by such forward-looking statements depending
on a number of risks and uncertainties including, but not limited
to, the following: historical business has already matured, new
online business is unproven and may not generate expected revenues,
and Internet security risks. Other risks inherent in the business
of the company are described in Securities and Exchange Commission
filings, including the company's annual report on Form 10-KSB. The
company undertakes no obligation to revise or update any
forward-looking statements to reflect events or circumstances after
the date of this release. AdStar Company Contact: Jeff Baudo,
310-577-8255, AdStar Media Contact: Kevin Wilson, 513-885-5520,
DATASOURCE: AdStar, Inc. CONTACT: Jeff Baudo of AdStar,
+1-310-577-8255, ; or media, Kevin Wilson, +1-513-885-5520, , for
AdStar Web site: http://www.adstar.com/ http://www.uai.com.br/
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