ONSTREAM MEDIA SIGNS MARKETPLACE365 AGENT AGREEMENT WITH THE TRADE SHOW EXHIBITORS ASSOCIATION (TSEA)
POMPANO BEACH, FL – February 10, 2010 - Onstream Media Corporation ( OTC: ONSM), a leading online service provider of live and on-demand internet video, corporate web communications and content management applications, today announced that the Trade Show Exhibitors Association (tsea.org) has entered into an Agent Agreement to market Onstream Media's MarketPlace365 platform to TSEA's members, vendors and sponsors. TSEA is headquartered in Chicago, Illinois, with regional chapters throughout the United States and Canada.
For more than 40 years, TSEA has been providing knowledge to marketing and management professionals who use exhibits, events and face-to-face marketing to promote and sell their products, as well as to those who supply them with products and services. TSEA selected Onstream Media's MarketPlace365 due to the breadth and depth of its features and quick time to market. Onstream Media's MarketPlace365 is an all encompassing lead generation, social media marketing and comprehensive communications platform that enables publishers, associations, trade show promoters and entrepreneurs to rapidly and cost effectively self-deploy their own highly profitable, online virtual marketplaces.
TSEA's primary goal is to increase the value it delivers to its loyal membership and MarketPlace365 will enable the non-profit association to do just that. In addition, TSEA plans to leverage the quality content of its new Red Diamond Educational Seminars, which will be made available through the new MarketPlace365 virtual trade show.
"Onstream Media's MarketPlace365 platform enables TSEA to virtually add to our association of like-minded professionals from around the world. We can continue to share information, collaborate and conduct business beyond our borders." said Margit B. Weisgal, CME, President & CEO of TSEA. "We also like the fact that MarketPlace365 can leverage and integrate many of Onstream's advanced digital media applications such as webcasting, web conferencing, archiving, user generated video, customized players, video advertising, secure streaming, content syndication and pay-per-view functionality directly into the platform. This allows for an enhanced user experience and even greater revenue generation in the future."
"We're pleased another leading, well established exhibition industry association has selected MarketPlace365 to extend the value of their association to their members, vendors and sponsors," said Randy Selman, President & CEO, Onstream Media. With their extensive industry experience and network of trade show executives, TSEA is an ideal partner for Onstream Media to expand Markeplace365's utilization throughout the global trade show business.
Since 1966, TSEA has been providing knowledge to marketing and management professionals who use exhibits, events and face-to-face marketing to promote and sell their products, as well as to those who supply them with products and services. Members benefit from access to education, networking, resources, advocacy and member-only discounts on products and services that all exhibit and event professionals use. TSEA is headquartered in Chicago, Illinois, and regional chapters exist throughout the United States and Canada. For more information, please visit www.tsea.org.
About Onstream Media:
Onstream Media Corporation ( OTC: ONSM) is an online service provider of live and on-demand internet video, corporate web communications and content management applications. Onstream Media's pioneering Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content via the Internet. The DMSP provides our clients with intelligent delivery and syndication of video advertising, streaming video, mobile streaming and supports pay-per-view for online video and other rich media assets. The DMSP also provides an efficient workflow for transcoding and publishing user- generated content in combination with social networks and online video classifieds, utilizing Onstream Media's Auction VideoT (patent pending) technology. In addition, Onstream Media provides live and on-demand webcasting, webinars, web and audio conferencing services. In fact, almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services.
Select Onstream Media customers include: AAA, Bonnier Corporation, Dell, Disney, Georgetown University, National Press Club, PR Newswire, Shareholder.com (NASDAQ), Sony Pictures and the U.S. Government. Onstream Media's strategic relationships include Akamai, Adobe, BT Conferencing, eBay and Qwest. For more information, visit Onstream Media at http://www.onstreammedia.com or call 954-917-6655.
Cautionary Note Regarding Forward Looking Statements
Certain statements in this document and elsewhere by Onstream Media are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of company operations, or the performance or achievements of the company or industry results, to differ materially from those expressed, or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere herein, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied for the forward- looking statements include, but are not limited to fluctuations in demand; changes to economic growth in the U.S. economy; government policies and regulations, including, but not limited to those affecting the Internet. Onstream Media undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Onstream Media Corporation's filings with the Securities and Exchange Commission.