MIAMI, FL. (Top40 Charts/ Gen2Media Corporation) - Gen2Media Corporation (OTCBB: GTWO), a fully integrated digital media, technology and marketing company, today announced that, in accordance with its License and Advertising Agreement with Clear Channel Broadcasting, Inc., on July 23, 2009, the Company officially launched "XLTV" for XL 106.7 on www.xl1067.com and "Real TV" for Real
Radio 104.1 on www.wtks.com - both Clear Channel radio properties serving the Central Florida markets.
Linda Byrd, President of Clear Channel Orlando, stated, "We are very pleased to be teaming with Gen2Media to create an online television platform capable of fully converging and optimizing our on air and online brands with the power of video programming. Gen2 brings us state-of-the-art technology, impressive creative talent and essential expertise in online video delivery that will allow our radio stations to deliver a very rich and robust online television experience for their respective fans, advertisers and business partners."
"Gen2Media is very proud of the fact that we continue to achieve unparalleled market acceptance of our technology platform among a fast growing group of major media and corporate partners. By teaming with Clear Channel, we are further cementing our position as one of the industry's leading and customer-preferred online video platforms," added Mark Argenti, Chairman and CEO of Gen2Media. "We are thrilled to be working with Clear Channel Orlando and to be adding these fantastic radio brands to our growing online network."
As a full end-to-end content producer and distributor, Gen2Media licenses and syndicates a library of digital content and original programming that has been processed through its proprietary, patented encoding technology. Gen2 then provides its clients with an easy-to-use system for managing their own online custom Internet TV channel that is compatible with their existing scheduling software and includes proprietary features such as time-of-day programming, seamless playback, drag-and-drop video management and ad loading. In addition, Gen2 provides turnkey management and marketing solutions to help its clients maximize traffic and viewership of the channels. Finally, the analytics and referral engine inherent in Gen2's Digital Video Publisher Application provides real-time tracking and robust reporting capabilities of critical performance and user behavioral metrics.
Mary Spio, Gen2Media President, noted, "The overwhelming popularity of online video, when coupled with enabling technology like ours, is fueling a profound universal shift in the media industry; and creating a wealth of high growth opportunities and compelling new advertising strategies that are rapidly transforming 'traditional' media companies into rich, multi-dimensional news and entertainment platforms."
