POMPANO BEACH, Fla.,
June 19, 2012 /PRNewswire/
-- Onstream Media Corporation (NASDAQ: ONSM), a leading
online service provider of live and on-demand corporate audio and
web communications, virtual event technology, and social media
marketing, today announced that it has signed an agreement
with ACT Conferencing to become a premier reseller of Onstream
Media's Webcasting services.
ACT Conferencing, a 23-year-old company headquartered out of
Lakewood, Colo., is a global
provider of corporate audio, web, and video conferencing services
for several industries, including high tech, legal, healthcare,
investor relations and finance. Under the reseller agreement with
Onstream Media, ACT has committed to resell hundreds of webcasts
annually and plans to further expand its provision of Onstream
Media's technology as the market demands.
The agreement will enable ACT clients to utilize the full suite
of Onstream Media's white glove and self-managed services,
including live and on-demand audio and video streaming,
synchronized presentation materials and real-time usage reporting.
Additionally, ACT will offer their webcasting and webinar
clients Onstream Media's custom URLs, branded audience interfaces,
online registration pages, polling and audience Q&A.
"We were searching for a provider of reliable, scalable,
webcasting services to offer our clients, and Onstream Media has
proven experience and flexible technology," said Clair Pearson, Event and Multimedia Product
Manager at ACT Conferencing. "Onstream is a true innovator, with
high-quality, customizable solutions that offer the most advanced
features for audio transmission, video streaming, social
interaction, content management and customization."
"We're very excited about the synergies that this relationship
brings to our clients. At ACT, we pride ourselves on
delivering the best service in the industry, and our experiences
with Onstream Media have demonstrated that they share our values of
exceptional service and flexibility. This is important to us
because our clients hold high-value events which require flawless
delivery," commented Gary Iles,
ACT's VP of Sales and Marketing.
"ACT Conferencing is a leading service provider in the audio and
web communications business, with over two decades of service to
companies across many industry sectors," added Randy Selman, President & CEO of Onstream
Media. "As we advance our channel partnership program, we are
delighted that ACT chose Onstream Media technology to offer its
customers."
About Onstream Media:
Onstream Media Corporation (NASDAQ: ONSM), is a
leading online service provider of live and on-demand corporate
audio and web communications, virtual event technology,
and social media marketing. Onstream Media's innovative
Digital Media Services Platform (DMSP) provides customers with cost
effective tools for encoding, managing, indexing, and publishing
content via the Internet. The company's MarketPlace365® solution
enables publishers, associations, tradeshow promoters and
entrepreneurs to rapidly and cost effectively self deploy their own
online virtual marketplaces. In addition, Onstream Media provides
live and on-demand webcasting, webinars, web and
audio conferencing services. To date, almost half of the
Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs
have used Onstream Media's services. Select Onstream Media
customers include AAA, Dell, Disney, Georgetown University, National Press Club, PR
Newswire, Shareholder.com (NASDAQ), Sony Pictures, and the U.S.
Government. Onstream Media's strategic relationships include
Akamai, BT Conferencing, and Trade Show News Network (TSNN). For
more information, visit Onstream Media at
http://www.onstreammedia.com or call 954-917-6655.
About ACT Conferencing:
Established in 1989, ACT Conferencing is a global provider
of corporate audio conferencing, web
conferencing and video conferencing services. ACT's
integrated platforms provide managed, international and
local-language services. The company is headquartered in
Lakewood, Colorado, with
operations in Australia,
Canada, France, Germany, Hong
Kong, Malaysia,
Netherlands, Singapore and the UK. For more information,
visit www.actconferencing.com.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this document and elsewhere by Onstream Media
are "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such information
includes, without limitation, the business outlook, assessment of
market conditions, anticipated financial and operating results,
strategies, future plans, contingencies and contemplated
transactions of the company. Such forward-looking statements are
not guarantees of future performance and are subject to known and
unknown risks, uncertainties and other factors which may cause or
contribute to actual results of company operations, or the
performance or achievements of the company or industry results, to
differ materially from those expressed, or implied by the
forward-looking statements. In addition to any such risks,
uncertainties and other factors discussed elsewhere herein, risks,
uncertainties and other factors that could cause or contribute to
actual results differing materially from those expressed or implied
for the forward- looking statements include, but are not limited to
fluctuations in demand; changes to economic growth in the U.S.
economy; government policies and regulations, including, but not
limited to those affecting the Internet. Onstream Media undertakes
no obligation to publicly update any forward-looking statements,
whether as a result of new information, future events or otherwise.
Actual results, performance or achievements could differ materially
from those anticipated in such forward-looking statements as a
result of certain factors, including those set forth in Onstream
Media Corporation's filings with the Securities and Exchange
Commission.
Media Relations
Chris Faust
Fastlane Communications
973-226-4379
cfaust@fast-lane.net
Investor Relations
Jeff Ramson
ProActive Capital Resources Group
646-863-4631
jramson@proactivecrg.com
SOURCE Onstream Media Corporation