Madison Ave. Media Agrees to Acquire Firefly
December 01 2010 - 3:00PM
Marketwired
Madison Ave. Media, Inc. (OTCBB: KHZM), announced today that it has
agreed to acquire Firefly™ (http://www.firefly.ransomgroup.com).
The Firefly web builder software enables non-technical users to
create and manage their own website. Firefly enhances the website
process with industry-leading flexibility and true WYSIWYG editing
directly on a webpage.
Firefly's web services range monthly from $50-$5,000 and the
Company currently has the capacity to handle over 1,000,000
websites
Stephen F. Molinari, the Chairman of the Board of the Company,
stated, "Technology plays an integral role in the delivery of our
many products and services to our customers. As an advanced digital
media company, Madison Ave. Media offers a differentiated and
competitive array of advanced, highly productive, marketing,
communications and advertising solutions to our clients,
accelerated with the power of technology."
One-Stop Total Web Solution Firefly
provides and automates everything you need to run your business on
the web, including: domain name, hosting, email, site management
tools and hundreds of pre-built, business specific websites with
professional text and images so you don't have to start from
scratch.
As Simple As Using Your Favorite Office
Program Firefly's revolutionary approach to website management
changes the way people interact with the web, enabling computer
literate, non-technical users to publish and control their own
website without IT support.
Fast, Affordable Website Management
Firefly Founder Tim Ransom states: "With Firefly, you can focus on
what you want to say instead of focusing on the technical
challenges of building a website. Firefly empowers its customers
with the ability to control website content themselves in immediate
response to customer needs and market opportunities. Firefly is the
easiest way to run a business on the web. The average user is able
to publish their own website in less than an hour."
Receptive Markets Firefly will reshape the
workplace, delivering dramatic benefits to:
- 20 million small businesses across the US
- New web entrepreneurs seeking a turnkey web solution
- Unsupported Microsoft® Office Front Page users seeking a viable
alternative
- Do-It-Yourself managers who prefer to control their own
website
- Start-ups seeking a fast and affordable web solution
Innovative Technology Firefly's patent
pending technology avoids the counter-intuitive issues concerning
existing Web Builders and Content Management Systems by eliminating
the need for complex administration forms and tools. Firefly
handles all the "behind the scenes" technical issues for you,
including: automatically linking pages, scaling images, writing the
html code, and site publishing. Changes are updated as you make
them in real-time while editing tools disappear when not needed,
fulfilling the Firefly mantra: "No geek support required." Firefly
is Windows, Mac and Linux compatible and supports Safari, Firefox,
Google Chrome and Internet Explorer.
About Firefly Firefly is a leading
innovator of web management technology, providing best-in-class
solutions that enable non-technical users to publish and control
their own website without IT support. Firefly is based in Lakeland,
TN.
About Madison Ave. Media As the #1
connector to the Mobile Generation™, Madison Ave. Media's
innovative technology delivers an integrated matrix of advanced
digital communications, business intelligence and proprietary
digital media resources to millions of global customers on a daily
basis. Madison Ave. Media provides brands, networks and advertising
agencies with the understanding and reach to effectively engage
today's mobile customer, while delivering highly measurable
results. Madison Ave. Media is headquartered in Boca Raton, Florida
with offices across North America. For more information about
Madison Ave. Media, visit: http://www.madisonavemedia.com/
Contacts To arrange an interview with
Chairman Stephen Molinari, please contact Dan Lancer at
561-676-5111 or DLancer@hotmail.com
Caution Concerning Forward-Looking
Statements This document includes certain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, including statements regarding Madison Ave.
Media's ability to improve their services, create new business
models and content-owner opportunities, integration plans, the
expected timing for the closing of the acquisition and the plans to
operate Firefly independently. These statements are based on the
current expectations or beliefs of management of Madison Avenue
Media, and are subject to uncertainty and changes in circumstances.
Actual results may vary materially from those expressed or implied
by the statements herein due to (1) changes in economic, business,
competitive, technological and/or regulatory factors, (2) failure
to receive regulatory approval for the acquisition, (3) failure to
compete successfully in this highly competitive and rapidly
changing marketplace, (4) failure to retain key employees, (5)
other factors affecting the operation of the respective businesses
of Madison Ave. Media. More detailed information about these
factors may be found in filings by Madison Ave. Media, as
applicable, with the Securities and Exchange Commission, including
their respective most recent Annual Report on Form 10-K and
Quarterly Report on Form 10-Q. Madison Ave. Media is under no
obligation to, and expressly disclaims any such obligation to,
update or alter their respective forward-looking statements,
whether as a result of new information, future events, or
otherwise.
Contact: Dan Lancer 561-676-5111 DLancer@hotmail.com
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