Onstream Media Partners with AMC Institute to Offer MarketPlace365TM and Other Digital Media Services to Association Management Company Members
POMPANO BEACH, FL, April 27, 2010 - Onstream Media Corporation ( OTC: ONSM), a leading online service provider of live and on-demand Internet broadcasting, corporate web communications and virtual marketplace technology, today announced that it has partnered with AMC Institute, to provide MarketPlace365TM as well as its full suite of digital media and communications services to the organization's 150 association management company members who represent over 1500 associations throughout the U.S., Canada, Europe and Asia.
Under the terms of the agreement, all of Onstream Media's products and services will be made available to all AMCI members at preferred customer rates. This includes access to Onstream Media's industry leading services including: MarketPlace365 - a virtual tradeshow and social community platform, webcasting, web conferencing, webinars and its Digital Media Services Platform - a publishing and content management service.
"We are seeing a growing trend among association management companies wanting to offer their clients online, best practice services such as virtual tradeshows and events, webinars, webcasting as well as online social media services," said Fran Butler, Executive Vice President of AMC Institute. "We are delighted about our new partnership with Onstream Media and are confident it will be able to add significant value to both our members and our member' clients."
"We are excited to be working with AMC Institute and its member organizations to provide them with access to our full suite of online services," said Randy Selman, President and CEO of Onstream Media. "We understand the challenges association management companies face in providing comprehensive support to their clients, and we are eager to help empower them with the tools to support their clients' various management, planning, membership, and development needs."
One of the key services Onstream Media will offer is its new, comprehensive MarketPlace365 virtual tradeshow platform that enables associations to rapidly and cost effectively self-deploy and manage their own online trade shows all year round. MarketPlace365 delivers a robust set of tools to help these associations create a community of interest, attract new members and generate additional revenue streams.
About AMC Institute
Headquartered in Philadelphia, AMC Institute - the trade association that represents the association management company industry - boasts more than 150 AMC members throughout the U.S., Canada, Europe and Asia. AMC Institute promotes service excellence among AMCs and strives to raise awareness of a burgeoning AMC industry by establishing its member companies as the recognized and preferred choice for quality association management and professional services. For more information, visit http://www.amcinstitute.org/.
About Onstream Media:
Onstream Media Corporation ( OTC: ONSM) is a leading online service provider of live and on-demand Internet broadcasting, corporate web communications and virtual marketplace technology. Onstream Media's innovative Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content via the Internet. The DMSP provides 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 patent-pending Auction VideoT technology. The company's MarketPlace365T solution enables publishers, associations, trade show promoters and entrepreneurs to rapidly and cost effectively self-deploy their own profitable, online virtual marketplaces. In addition, Onstream Media provides live and on-demand webcasting, webinars, web and audio conferencing services. To date, 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 www.onstreammedia.com or call 954-917-6655.