Interep Interactive's Winstar Interactive Media
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For Immediate Release: June 12, 2002 Contact: Interep Interactive's Winstar Interactive Media . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NEW YORK (June 12, 2002) Interep Interactive's Winstar Interactive Media today announced an agreement with StreamCast Networks, Inc. to represent for national online advertising sales Morpheus, the company's massive peer-to-peer communications product and the MusicCity.com portal, home for artists and labels to be fairly compensated for their music on the Morpheus User Network. Winstar will supplement the efforts of StreamCast's own regional sales staff. Downloaded over 90 million times, Morpheus is the most downloaded P2P software product ever. Its unique application allows users to search for information and communicate directly with other Morpheus users with ease and speed. Morpheus brings the Internet back to its roots where every computer on the Internet is both a client and a server creating a more extensible and programmable Internet in which every user is both sender and receiver. "Morpheus generates an average of 1.2 million unique visitors each month who stay an average of 142 minutes per session," says Interep Interactive President Adam Guild. "This kind of stickiness is unique on the Web. We are looking to serve more than 2 billion ad impressions each month. This is an unprecedented mass-reach opportunity for advertisers." "Streamcast is very excited about the relationship with Interep," says Trey Bowles, Executive Director of Business Development. "With Interep's reputation and expertise in this industry, combined with the strength of our in-house StreamCast sales efforts, we believe that we will have a comprehensive strategic team to bring the most compelling offering to advertisers through the Morpheus application." StreamCast Networks, Inc., (streamcastnetworks.com) creators of the Morpheus software product, is a digital communications solutions provider that is revolutionizing Internet digital media distribution and communications via a unique software-driven solution that enables users to communicate directly with one another more efficiently on an unprecedented scale. StreamCast Networks is backed by Timberline Venture Partners, the independently managed Northwest affiliate of Draper Fisher Jurvetson, as well as angel investors. StreamCast Networks, Inc. operates the MusicCity.com website, which distributes the Morpheus software product. StreamCast Networks is based in Franklin, TN with offices in Phoenix, AZ. Founded in 1997, Interep Interactive (interepinteractive.com) has become the largest independent online ad sales company in the United States and through co- marketing agreements, the largest Internet rep company in the world. Its companies include Winstar Interactive Media selling sites such as AccuWeather.com, Kiplinger.com, Office.com, Business.com, Entrepreneur.com, CoolQuiz.com, Mary-KateandAshley.com, Rivals.com, SoapCity.com, SonyPictures.com, Ubid.com, HealthAndAge.com; Cybereps repping a network of sites that includes Totalwoman, TotalTech, Future Games Network, Autoworld, Cydoor, FMiTV, and SurferNetwork; and Perfect Circle Media which develops innovative media solutions for companies targeting the financial and business categories and whose sites including MyDiscountBroker.com, The Stock100.com, ChangeWave.com, Verticalnet, MaxFunds, StockHouse; iExplore, AOW!, and WebFlyer. With offices in 22 cities, Interep Interactive's parent company, Interep (NASDAQ: IREP), operates ABC Radio Sales, Allied Radio Partners, Caballero Spanish Media, Cumulus Radio Sales, D&R Radio, Infinity Radio Sales, McGavren Guild Radio and MG/Susquehanna. Interep is parent to the Public Radio Network, Interep Networks and its new business development team, the Interep Marketing Group. Support services include Research, Promotion Marketing and Sports Marketing Divisions.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Copyright © 2003 Streamcast Networks™ All rights reserved. Streamcast Networks, the Morpheus logo, the MusicCity.com logo, and all other trademarks, service marks and trade names of Streamcast Networks appearing on this web site are the property of Streamcast Networks, Inc. Morpheus is a trademark of Streamcast Networks. MusicCity and Streamcast Networks do not condone copyright infringement. |