POMPANO BEACH, Fla.,
Aug. 23, 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 the launch of its first virtual
event smartphone app, MarketPlace365 Mobile App. The new
app, available to end users starting today via download from the
Apple App Store (Click Here) and Google Play/Android
Market (Click Here) is the mobile version of Onstream
Media's MarketPlace365 virtual event platform.
"MarketPlace365 is a versatile tool that can be used by event
organizers, tradeshow planners and corporations to host webcasts,
web conferences, trade shows and permanent marketplaces. Now,
organizers can open up participation in their events to audiences
on phones and tablets, as well as to those on computers," said
Randy Selman, President and CEO of
Onstream Media. "This provides organizers with a significantly
greater ability to increase engagement, generate leads and grow
revenue."
The MarketPlace365 Mobile App is one of the first virtual event
apps able to provide a virtual environment with streaming video
content that will play on both Android and Apple IOS mobile
devices, thanks to Onstream Media's advanced encoding
technology.
Event organizers can create their own event-specific versions of
the MarketPlace365 Mobile App, and make it available to download,
free or with a fee for participation. For end users, the cost of
the app will be governed by the cost of the events in which they
participate. However, the basic app can be downloaded for free from
Apple App Store and Google Play.
The MarketPlace365 platform, and mobile app, offers several
"rooms," which can be used together or individually. These include
the Exhibition Hall, Auditorium, Learning Center, Media Library and
Lounge. Participants can interact with exhibitors, listen to
speakers, participate in interactive sessions, download materials
and connect with others. The platform incorporates chats, social
networking and Q&A.
MarketPlace365 can be used to offer a purely virtual event, or
to extend the reach of a physical event. A hybrid event, for
instance, can allow a tradeshow participant to walk around a
physical show with his or her iPad, and use the app to learn about
exhibitors, download information or make appointments.
"The MarketPlace365 Mobile App means that people who want to
participate in virtual events no longer need to be tethered to
their desktops. This dramatically increases their ability to use
their time productively, and to gain access to content that will
benefit their businesses," said Selman. "Corporations, publishers,
show organizers and others can now provide content to their
audiences in the way their audiences want to consume it."
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.
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:
Wolfe Axelrod Weinberger Associates, LLC
Donald C. Weinberger; Adam Lowensteiner
don@wolfeaxelrod.com
adam@wolfeaxelrod.com
SOURCE Onstream Media Corporation