PHOENIX and NEW YORK, Jan. 6, 2010 (GLOBE NEWSWIRE) -- Modavox, Inc. (OTCBB:MDVX), Internet broadcasting pioneer and holder of several patented technologies, is pleased to announce that the company will participate in the Sidoti & Company Micro Cap Conference, being held next week at the Grand Hyatt in New York City. Modavox is also very pleased to announce that it has retained ICR, a leading investor relations and strategic advisory firm, to assist in the company's shareholder communications program.
ICR, founded in 1998 by a group of former institutional capital markets professionals, is headquartered in Westport, Connecticut, with additional offices in New York City, Los Angeles, Boston, Chicago, Minneapolis, Beijing, and Shanghai. ICR provides comprehensive communication services ranging from ongoing investor relations and public relations to crisis and transaction support, corporate governance and digital media projects. Employing more than 100 professionals and representing more than 225 companies, ICR is one of the fastest growing IR firms in the United States.
"We are thrilled to announce the opportunity to work a firm of ICR's caliber. ICR brings a very strong and well regarded team with a proven track record for adding value well beyond traditional IR support," said Mark Severini, CEO of Modavox. "ICR will play a critical role as we increase our visibility within the investment community and communicate significant milestones in 2010."
Mr. Severini and Chief Strategy Officer David Ide will present at the Sidoti conference on Monday, January 11, 2010, at 9:50 a.m. Eastern Time. Management will also be available throughout the day to participate in one-on-one group sessions with attendees, taking the time in a smaller setting to answer questions and provide additional detail on the business strategy and growth opportunities at Modavox.
About Modavox
Modavox, Inc. provides Internet applications and services based upon Marketing-driven technology platforms that enhance the delivery of marketing communications through intelligent distribution to all Internet-enabled devices. In 2009, Modavox initiated a comprehensive business growth strategy aimed at fully leveraging the value of its technology and patent portfolio by accelerating the advanced development of technology platforms that apply the most valuable aspects of Modavox's patents. In addition to the continued operation of BoomBox(TM) Radio -- the largest Internet-based Talk Radio network that has been broadcasting uninterrupted since 1997 -- Modavox now manages three newly defined operating divisions in the high growth markets of mobile marketing (AD LIFE(TM)), video content delivery (AD BOOM(TM)) and ad network provisioning (AD SERVE(TM)). These three divisions, together with patents foundational to targeted Web-based communications, will enable Modavox to pioneer a new era in marketing and new media communications with Internet applications and services for targeted consumers and communities worldwide. For more information, please visit www.modavox.com.
Forward-Looking Statements
This release includes 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. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our Form 10-K and other reports filed with the SEC. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.