In case anyone cares...
October 27, 1999 10:15
Wavo Corp. Premiers Program to Reach Customers Through New
Sales Channels
New Business Relationships Mark Launch of 'Wavo Business Partner Program' To Leverage Real-Time News Delivery Network
PHOENIX, Oct. 27 /PRNewswire/ -- Wavo Corporation (Nasdaq: WAVO), the industry's leading Digital Media Services Provider, today announced the launch of the Wavo Business Partner program, a sales channel program targeting Value- Added Resellers (VARs), Web site/Portal Developers and System Integrators. Internet companies including Sequoia Software, X.Systems, BizGeek, Vistranet Corporation
and @Motion have already joined the Wavo Business Partner program. As Wavo Business Partners, these companies will now be able to provide NewsPak and related services directly to their customers, thus greatly expanding the sales reach for Wavo.
Qualified Partners benefit from the Wavo Business Partner Program in several ways. For every NewsPak sale, Partners will receive an immediate reoccurring revenue stream from the licensed news feeds their customers use. They also earn revenue through their own consulting, installation and application development fees associated with customizing the NewsPak service to their client's Web sites. Wavo
will provide participating Partners with a variety of resources to help them get started, including individualized account support, co-marketing opportunities and sales training. Interested business
partners can learn more about this exciting opportunity at www.newspak.com
"With almost 10 Million web servers connected to the Internet and to corporate Intranets, a strong, active reseller channel is an important element in Wavo's commitment to maintaining a leadership position for
delivery of rich media content over the Internet," said Peter White, president of Wavo Corporation. "The Wavo Business Partner Program is off to a fast start. Partners are finding NewsPak easy to sell and
easy to incorporate due to its innovative architecture, versatility and features."
One key feature of the NewsPak platform is the delivery of news with value added "tags" of key story elements, such as industries, people, locations, organizations, etc. This platform, written in XML (extensible markup language), gives users the ability to retrieve, manipulate and display news that is most relevant to their business and customers.
"The Sequoia XML Portal Server inhales and exhales XML. NewsPak eliminates the challenge of acquiring external news sources and translating them into XML," said Bryan Caporlette, vice president of
product management for Columbia, MD-based Sequoia Software Corp., a leading provider of XML-powered interactive enterprise portal software. "This not only makes our job easier, it gives Sequoia's
customers a premium news service that can be dynamically managed like any other data source."
NewsPak is compatible with open industry standards and formats, making it easy for VARs to integrate or install with other applications. "Getting our client SpeedUs.com up and running on NewsPak was easy," stated Markar Ivanchenko of BizGeek.com, "and they are extremely pleased with the results."
NewsPak is the industry's leading solution for delivering real-time content to Web servers worldwide. When displayed on Web sites, targeted external news creates a "stickier" environment for customers
and promotes increased traffic and return visits.
"We think targeted news is a great way of drawing people to web sites," said Sanjiv Mahan of Vistranet Corporation. "Since our customer base consists mainly of small to medium sized businesses with
minimal internal IT resources, we recommend they integrate NewsPak to provide this service."
About Wavo
Wavo Corporation (Nasdaq: WAVO) is in the business of moving media. An industry leading Digital Media Services Provider, it partners with the foremost providers of news, business data, consumer content and multimedia programming. Adding value for media providers over the company's Internet, television, satellite and FM data networks, are content management and electronic commerce services to deliver quality content to an information-dependent society. Wavo offers NewsPak the industry's leading solution for delivering real-time content to Web servers worldwide and Virgin JamCast, an innovative Web site and service that will put an end to users waiting for downloads of music and games.
For more information on Virgin JamCast or Wavo Corporation, contact Thom Kozik at 602/952-5500 ext. 236 or tkozik@wavo.com. For Wavo Investor Relations, contact Jennifer Schreier at 602/952-5500 ext.
239 or jschreier@wavo.com.
Certain of the above statements regarding Wavo constitute forward-looking statements, which may involve risks and uncertainties. Actual results could differ materially from such forward-looking
statements as a result of a variety of factors, including, but not limited to, technology changes, competitive developments, industry and market acceptance of new products and services, including NewsPak and Virgin JamCast, and risk factors listed from time to time in Wavo's SEC filings.
SOURCE Wavo Corporation
/CONTACT: Rita Tennyson, Vice President of The Terpin Group,
310-821-6100 ext. 104, rtennyson@terpin.com, for Wavo Corporation /
/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 107524/
/Web site: wavo.com |
