SEATTLE, Sept. 27, 2010 (GLOBE NEWSWIRE) -- Montavo, Inc. (OTCBB:MTVO) is pleased to announce the engagement of MUNCmedia to conduct communications with retail investors via their real-time information media network. MUNCmedia utilizes an innovative, transparent communications strategy specifically focused on individual retail investors with a long-term investment focus. Montavo has entered into a 12 month contract with MUNCmedia which will facilitate direct communications into MUNCmedia's network of over 90 million retail investors.
Retail investors, often overlooked and underappreciated, are continuing to show their strength and ability in the purchase of early-stage companies' stock on an individual basis. A 2010 report issued by ING DIRECT USA/ShareBuilder paints a very optimistic portrait of today's retail investors and the escalating trend of self-reliant individual investors in the purchase of stocks on the public markets. MUNCmedia's network reaches and communicates with these types of individual investors.
"Montavo is optimistic about the opportunities to utilize MUNCmedia's Investor Relations programs for 12 months that goes directly to Main Street retail investors as well as working with Investment Banking firms on Wall Street," said Brook Lang, CEO of Montavo. "Companies like Montavo, in working with Investment Banking firms, look to achieve a balance in their shareholder base between, for example, Private Equity funds as long-term shareholders and a strong retail investor following with long-term investment goals also. MUNCmedia is focused on helping achieving this and market liquidity for successful companies like Montavo."
"We laud Montavo for already working like a large-cap company in regard to transparency," said Matt Bird, CEO of MUNCmedia. "Their commitment to openness and equal treatment toward all investors will certainly bring commercial and financial rewards. We look forward to helping Montavo tell their story to a worldwide audience."
About Montavo, Inc.
Montavo Inc., is a US based company located in Seattle, WA and is deploying an advanced mobile marketing & advertising solution.
The Montavo Mobile Ad Platform (mMAP™) offers advertisers the unique opportunity to review a "mobile ad spend vs. gross profit" ratio which generates a Return-on-Investment (ROI) report of their mobile advertising costs related to their brick-and-mortar location consumer sales. This means Advertisers know for every dollar they spend in mobile advertising, how any dollars of related profit came back specifically attributed to the mobile ads. The mobile Ad costs to Sales profit ratio is displayed on the Montavo Mobile Ad Spendometer™, which is a real-time online dashboard reporting tool that allows advertisers to monitor the performance of mobile advertising campaigns that are deployed on the mMAP™.
The mMAP™, with Montavo's Patent Pending Technology can generate the reports on consumers anonymously who simply viewed a mobile ad on their cell phone on any of several different ways the mMAP™ places advertising on the mobile phone in both push and pull type ads. This type of ROI reporting is not something that can be done in traditional advertising mediums today. The mMAP™ does this without any additional hardware and or software in the store or at the store Point of Sale (POS) system, and no additional interaction is needed between store associates and consumers or their mobile phones. The mMAP™ was designed and built to work for Global Brands down to Small Medium Business (SMB's), as well as both Retailers and Manufactures.
About MUNCmedia: Market Update Network Corporation
MUNCmedia is the first Information Media Network and world leader in web-based Retail Investor Targeting solutions. We provide online corporate communications, research and media solutions to companies worldwide.
From targeting press releases one-to-one to individual investors to corporate video PR content, MUNCmedia helps companies deliver targeted and scalable messages to the precise audience in real-time. Hundreds of companies, IR and PR agencies, stock exchanges and integrated newswires rely on MUNCmedia services to deliver news messages to the retail financial community every day with measurable results.
MUNCmedia was founded in 2006 and is headquartered in New York City with regional offices in Bellevue, WA and Boston. We currently service over 300 direct public company issuers, 40 IR agency partners and have a fully integrated partnership with GlobeNewswire, a NASDAQ OMX Company.
Follow MUNCmedia on Twitter @BHSMITH and visit their blog.
Forward Looking Statements:
This press release may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. Montavo's actual results could differ materially from those anticipated in the forward-looking statements. Montavo refers you to the cautionary statements and risk factors set forth in the documents it files with the Securities and Exchange Commission (http://www.sec.gov). The Company is under no obligation (and expressly disclaims any obligation) to update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
For more information on Montavo, please refer to our website at http://www.montavo.com