IRVINE, Calif., Nov. 18, 2010 (GLOBE NEWSWIRE) -- DigitalPost Interactive (OTCBB:DGLP), a leader in digital media-sharing and online advertising, signed an agreement with an Internet search company to develop rich media ad units - utilizing Rovion InPerson™ technology and incorporating the Rovion Ad Management Platform (RAMP) - to support that company's business partners' and corporate marketing strategies.
Under terms of this new contract valued at more than $150,000, product delivery and implementation is scheduled to be completed by the end of January 2011.
DigitalPost Chief Executive Michael Sawtell commented: "Rovion, which we acquired on August 31, 2010, is proving to be a valuable asset. For September and October, Rovion's average monthly bookings, or new orders, have grown by more than 35% compared to the first eight months of 2010."
For more information about Rovion and InPerson™ please click on www.rovion.com/invpreso.
About Rovion, Inc., a subsidiary of DigitalPost Interactive, Inc.
Rovion is the leading provider of talent-based rich media content development, delivery and reporting, meeting the needs of online publishers and advertisers globally. Rovion specializes in complex video-based ads both in and outside of existing ad placement locations and is best known for its invention of the InPerson(TM) video spokesperson ad unit. Rovion is headquartered in Boston, Massachusetts. For more information about Rovion, please visit www.rovion.com. For more info about DigitalPost Interactive, please visit www.dglp.com.
The DigitalPost Interactive Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7260
Safe Harbor Statement
This press release contains forward-looking statements that may be subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and may include statements regarding the acquisition, business estimates, future contracts, future financial performance and results of operations, including the number of recurring subscribers, revenue growth, cost of revenues, operating expenses, interest expense, net loss and cash flow. Unless otherwise required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this press release. Additional information concerning risks and uncertainties that may cause actual results to differ materially from those projected or suggested in the forward-looking statements may be found in Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K filed with the U.S. Securities and Exchange Commission.
CONTACT: DigitalPost Interactive, Inc. Investor Relations Thad Morris 866-492-3888 [email protected]
