MPTH/YAHOO deal. MPTH up +4 on the news.
stock 4 thanks, man I have been waiting for this for the last couple of days,hopes we get a nice pop today.
=================
Thursday May 13, 8:50 am Eastern Time
Company Press Release
Yahoo! Taps Mpath's HearMe.com for Live Audio Chat
Yahoo! Incorporates HearMe.com Live Audio Into Pager for Instant Messaging
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--May 13, 1999-- Mpath Interactive, Inc. (Nasdaq:MPTH - news) today announced that Yahoo! Inc. is incorporating live audio from Mpath's HearMe.com(TM) service (www.hearme.com) into Yahoo!® Pager (pager.yahoo.com), Yahoo!'s popular instant messaging product.
Through the agreement, Mpath's live-audio capabilities from HearMe.com have been integrated into Yahoo! Pager. Mpath is hosting the live-audio services for Yahoo!. Working with Mpath, Yahoo! has built audio communications features into Yahoo! Pager, enabling consumers to interact and talk privately in real-time using voice, music, and other forms of audio.
''Live audio is appealing to consumers because it is personal, real-time interaction that is both immersive and engaging,'' explained Paul Matteucci, president and CEO of Mpath Interactive. ''We are thrilled that Yahoo! recognizes the potential for building compelling and engaging consumer experiences using live audio.''
In addition to accessing the enhanced services offered on Yahoo!, users can register for HearMe.com services and participate in a variety of audio activities in HearMe.com's many live audio communities. Yahoo! Pager has incorporated a ''Brought to You By HearMe.com'' link into its instant messaging interface for consumers who are interested in exploring HearMe.com's other live audio communities.
''We believe that live audio adds a compelling, personal aspect to Internet communication that is appealing to consumers,'' explained Brian Park, producer for Yahoo! Pager. ''Mpath's experience operating voice chat systems provides our users with a new area to explore and enjoy.''
About HearMe.com
HearMe.com (www.hearme.com) is a free live audio community, dedicated exclusively to real-time interaction through voice, music, and other forms of sound. On HearMe.com, consumers can talk, sing, play music, recite poetry, practice celebrity impersonations, host personal conference calls and participate in a variety of real-time audio entertainment activities that are interactive, social, and compelling. Based on proprietary audio software and optimized network infrastructure, HearMe.com allows consumers around the world to use audio to interact with each other using a simple microphone, sound card, and speakers. HearMe.com is an Mpath Interactive® (Nasdaq:MPTH - news) product.
Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, without limitation, the Company's dependence on its ability to significantly increase its advertising revenue and revenue from Mpath Foundation customers, to maintain and develop strategic relationships with media, Internet and technology companies and to compete effectively. These and other risk factors are described in detail in the company's Registration Statement on Form S-1, and in the company's other filings with the Securities and Exchange Commission.
HearMe, HearMe.com, and Mpath, are trademarks of Mpath Interactive, Inc. Mpath Interactive is a registered trademark of Mpath Interactive, Inc. All other product or service names mentioned herein are trademarks of their respective owners.
--------------------------------------------------------------------------------
Contact:
Mpath Interactive/HearMe.com
Paula Fujimoto, 650/429-3610
paula@mpath.com
|
