Media Sentiment, Inc. (MSEZ) Closes Acquisition of Social Media
Video Technology videocourier.com
SAN FRANCISCO, Oct. 18, 2012 /PRNewswire/ -- Media Sentiment,
Inc. (PINKSHEETS: MSEZ) is of the opinion that the following is a
material event which warrants a public release. The Company is
pleased to report that it has closed the transaction to acquire a
new asset, the technology of videocourier.com.
Marian Munz, MSEZ' CEO, said,
"Social media technologies have been acquisition targets at top
valuations lately. Two of the most talked about examples are the
$1.2 billion acquisition of Yammer by
Microsoft in June and the $730
million acquisition of Instagram by Facebook in April of
this year. These acquisitions are strong indications that
social media technologies are seen as very valuable assets even to
the big players in the technology industry."
Media Sentiment plans to make use of its trademark assets to
create one of the most comprehensive video links databases in the
world, by allowing users worldwide to aggregate videos that have
material importance over the value of equities, currencies,
products, movies, political campaigns and more. Media Sentiment
sees a day when it could offer very specialized video channels. For
instance, if an investor is interested in following material news
that could move the Apple Inc. stock he/she may find a video
channel focusing on aggregating Apple Inc. video news that have
material impact, brought from a multitude of video news sources
from around the world wide web.
Currently, there is no other such service on the market that
could easily indicate a potential stock move via a thumbs up or
thumbs down alert for a particular stock price. To have access to
this type of information, users would need to spend time and effort
to search for news clips and to understand the potential material
impact the news may carry within the video.
The technology behind videocourier.com allows users to easily
capture the code of video clips from news sources that allow their
code to be embedded into other web sites. Users enter the stock
symbol or market along with text indicating the important news
elements, and rate the sentiment with an easy to understand thumbs
up or thumbs down symbol.
Once the new video is posted, the followers in the social
network receive the thumbs up or thumb down alert along with the
video clip automatically. As the videocourier technology allows the
social network participants to follow each other's channels, this
has the potential to grow into an invaluable source for video news
regarding the stocks which investors and traders are interested in.
It could work like a personalized video channel that updates
automatically with the most current and pertinent video clips from
around the world.
The importance of the 'follow' functionality that allows users
to share information with large groups of people has been
highlighted recently by LinkedIn's decision to add such
functionality to its social network.
More, the videocourier technology allows users to easily grow
the viewership of the channel, by automatically creating code for
each channel, code which users could easily embed into any number
of web sites and blogs anywhere on the internet.
Media Sentiment plans to create interfaces to the top existing
social networks to allow for rapid growth, dissemination and
integration of the material news into these networks.
More details regarding the business plans regarding this new
technology will follow on a timely basis.
As indicated, the company will continue its search for
additional acquisition candidates.
Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of Media
Sentiment, Inc., that constitute forward-looking statements for
purposes of the Safe Harbor Provisions under the Private Securities
Litigation Reform Act of 1995. The words or phrases "can be,"
"expects," "may affect," "believed," "estimate," "see," "intent,"
"plan," "project" and similar words and phrases are intended to
identify such forward-looking statements. Media Sentiment, Inc.
cautions you that any forward-looking information provided by or on
behalf of Media Sentiment, Inc. is not a guarantee of future
performance. None of the information in this press release
constitutes or is intended as an offer to sell securities or
investment advice of any kind. Media Sentiment, Inc.'s actual
results may differ materially from those anticipated in such
forward-looking statements as a result of various important
factors, some of which are beyond Media Sentiment, Inc.'s control.
In addition to those discussed in Media Sentiment, Inc.'s press
releases, public filings, and statements by Media Sentiment, Inc.'s
management, including, but not limited to, Media Sentiment, Inc.'s
estimate of the sufficiency of its existing capital resources,
Media Sentiment, Inc.'s ability to raise additional capital to fund
future operations, Media Sentiment, Inc.'s ability to repay its
existing indebtedness, the uncertainties involved in estimating
market opportunities, and in identifying contracts which match
Media Sentiment, Inc.'s capability to be awarded contracts. All
such forward-looking statements are current only as of the date on
which such statements were made. Media Sentiment, Inc. does not
undertake any obligation to publicly update any forward-looking
statement to reflect events or circumstances after the date on
which any such statement is made or to reflect the occurrence of
unanticipated events.
CONTACT
Media Sentiment, Inc.
INVESTORS@MEDIASENTIMENT.COM
SOURCE Media Sentiment, Inc.