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2006-06-19
FSBO Media Holdings Enters Agreement to Acquire RelaxRelax Inc.
FSBO Media Holdings, Inc. announced that it has entered a definitive agreement to acquire privately held Florida-based RelaxRelax Inc., a provider of media delivery systems, technology and hosting.
Through its developer website www.flvhosting.com, Relax Relax Inc. has provided video delivery platforms and hosting to companies such as Virgin Mobile, USA Today, Comcast, Wrigleys, Bosch and others through clients such as LiquidusMarketing.com and IcgroupInc.com. Clients using the company’s proprietary media delivery applications utilize administration of high quality video compression and playback for use in commercials, infomercials, promotions, and online pay per view movie playback. Relax Relax Inc. has several hundred clients in over 20 countries worldwide.
Click here to see and hear more: http://www.flvhosting.com/index.php?sc=8
Steve Bazsuly, FSBO Media Holdings Chairman, said, “This acquisition brings revenue streams and strengthens our foundation through the core technologies of RelaxRelax, Inc., thus enhancing our overall internet businesses. Moreover, the creative talents of founders Paul Vizard and Cort Stull joining the FSBO team brings years of experience in streaming video production and programming. The intellectual firepower and talent this acquisition provides fits right into the FSBO WebTV plan of closing the gap between Internet and television quality production.” www.fsbomediaholdings.com
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