LOS ANGELES, July 25, 2011 /PRNewswire/ -- VoxPop Worldwide,
Inc. (OTC:VOXI), a leader in digital distribution, today announced
the acquisition and sole and exclusive license rights to MediaPal,
a software platform that enables content owners of any size to
profitably sell that content via their Internet site. This
purchase allows VoxPop to add to its growing list of offerings to
clients, which already include distribution of digital assets in
the online space.
According to PWC, during the next five years, the economic
recovery will help to support a revival in the non-digital
components of the market — but the renewed growth in non-digital
spend will be significantly outpaced by digital increases. Overall
spending related to digital services and platforms will rise at a
rate of 12.1 percent compounded annually during the five-year
forecast period, compared with a much slower compound annual growth
rate of 2.6 percent for non-digital. This disparity will see
digital's share of overall spending reach 33 percent in 2014.
"The Internet and digital media offer artists such a huge canvas
for delivering their talent to the masses," said VoxPop Worldwide
CEO Josh Eikov. "Whether it is
music, video or the written word, these artists have the
opportunity to entertain their fans as well as find new ones with
the ability to monetize their craft from any webpage or blog that
they want to across the entire Internet."
VoxPop Worldwide, which specializes in delivering these digital
media, in the form of music/video download and Internet radio, will
utilize the MediaPal software platform to help site owners build an
ecommerce site on their own space. Additionally, the platform
allows artists to build out an ecommerce solution through their
social media presence on sites like Facebook and MySpace.
Information on MediaPal can be found on www.mediapal.com.
About VoxPop Worldwide, Inc.
VoxPop Worldwide, Inc. is an Internet and mobile media holding
company that has and is seeking to acquire additional full and/or
controlling interests in subsidiary companies and associated
Internet and mobile properties concentrated on internet
broadcasting and on producing and developing content. The spirit of
entrepreneurship provides the engine that drives economic growth
and innovation, both in good times and bad. VoxPop aims to provide
support and service to these innovators through its broad and
comprehensive network of Internet media and platforms.
Forward Looking Statements
Statements made in this press release that are not historical
facts constitute "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, Section 21 of the
Securities Exchange Act of 1934 and the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
necessarily estimates reflecting the best judgment of senior
management and express the Company's opinions about trends and
factors which may impact future operating results. Such statements
rely on a number of assumptions concerning future events, many of
which are outside of the Company's control, and involve risks and
uncertainties that could cause actual results to differ materially
from opinions and expectations. Any such forward-looking statements
should be considered in context with the various disclosures made
by the Company about its businesses. The Company undertakes no duty
to update any forward-looking statement to conform the statement to
actual results or changes in the Company's expectations. For
further information regarding risks, uncertainties, and other
factors associated with VoxPop's business and copies of VoxPop's
press releases and additional information about VoxPop, please
refer to www.voxpopworldwide.com.
Contacts:
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Lee Morrell, VP,
Communications
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Josh Eikov, CEO
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lmorrell@voxpopworldwide.com
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josh.eikov@voxpopworldwide.com
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SOURCE VoxPop Worldwide, Inc.