NEXAGE Launches PhoneCast Pro 2.0 Mobile Video Social Networking and Ad Optimization Solution
NEXAGE, Inc. (http://www.nexage.com), a leading mobile video & social networking solution provider, today announced the launch of PhoneCast Pro 2.0, its second generation mobile video & social networking solution for media companies, content providers, and carriers.
PhoneCast Pro 2.0 reduces the complexity of ingestion, management, publication and distribution of video content, thus enabling media companies and content providers to offer mobile video services directly to mobile users. PhoneCast Pro 2.0 offers a complete end-to-end hosted solution that meets all the rich media content delivery and social networking needs of media companies. The expanded PhoneCast Pro 2.0 platform enables clients to quickly and cost-effectively ìgo mobileî with a solution that is highly attractive to their customers. The streamlined efficiency of the platform enables clients to simply give NEXAGE a link to their content and NEXAGE manages the rest.
PhoneCast Pro 2.0 now incorporates enhanced features that bring the full range of Internet social networking services to the mobile web. It enables media companies and others to increase ìstickinessî by developing a community around their content, including rating, commenting, sharing with others, buddy lists, online chatting, blogs, and much more.
PhoneCast Pro 2.0 provides full support for the insertion of text, banner, and video advertisements and promotions for mobile video and live TV programming, and is fully integrated with mobile ad networks such as Millennial Media, Third Screen Media (AOL / Advertising.com division), Nokia Ad Services, Admob, and various video Ad providers to be announced. The PhoneCast Pro 2.0 Ad Network Optimization Engine ensures that media companies will see high Ad fill rates and high monetization rates for their mobile entertainment services launched with PhoneCast Pro 2.0.
“NEXAGEís PhoneCast Pro solution has been proven with numerous customers over the past year,” said Devkumar Gandhi, CEO of NEXAGE. “We expect that PhoneCast Pro 2.0 with its extensive social networking features and Ad optimization will prove even more attractive to Media Companies and others ñ not only will they be able to offer an industry leading mobile media experience that can be effectively monetized, but all the social networking experience of the Internet.”
The capabilities of the PhoneCast Pro 2.0 platform can be viewed on NEXAGEís MyCorner mobile video service that is commercially available on most phones on most operator networks worldwide to view enter http://m.mycorner.com in your phone’s browser. This service has been accessed by mobile users from more than 120 countries from hundreds of different phones.
NEXAGE also announced additional funding of $500,000 from angel investors, bringing its total funding so far to approximately $2.5 million. “Having acquired more than 10 customers and proven our business model, this additional investment will help us expand our operations and deploy our major customerís mobile video service,” added Mr. Gandhi. “We will seek our next round of funding within 6 months to replicate our success with media companies globally.”
About NEXAGE, Inc.
NEXAGE is a leading developer of Mobile Video, Social Networking & Advertising Solutions for Media companies, Content providers and Carriers. NEXAGE’s white labeled services enable fast, economical deployment of mobile media to an addressable market of 550 million mobile phones consisting of over 450 phone models on more than 350 wireless networks worldwide. The PhoneCast platform provides automatic content ingestion, encoding, management, ad network integration, publishing, and delivery of mobile video content through streaming and download. NEXAGE’s solutions are deployed for over 10 media companies, content providers and mobile operators including top-tier broadcasters in the US.