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McLean, Virginia—July 20, 2006
Using technology solutions from Javien Digital Payment Solutions, Inc. (www.javien.com) and Clarynx Technologies, Inc. (www.clarynx.com), Forbes magazine content will now be available in audio format on Forbes.com.
"The partnership between Javien and Clarynx has allowed each to expand its offerings and offer greater value to companies selling audio versions of articles, books and publications online," stated Leslie Poole, Javien CEO. With consumers embracing mobile technology and demanding up-to-the-minute, accurate information, it has become increasingly important that publishers rethink how they deliver content. Providing content online in convenient formats can help stem readership attrition, increase subscriber loyalty and build new revenue streams through advertising and sponsorship.
"We're excited to offer consumers the option of listening to select Forbes magazine articles on their iPods or other portable players or computers," said Michael Smith, vice president and general manager, Forbes.com.
The articles will be available in the Subscriber Services section on Forbes.com http://forbespay.clarynx.com/BuyAudioIssue.aspx.
Javien Digital Payment Solutions and Clarynx Technologies partnered to offer a complete solution to content providers. Clarynx converts to digital audio and hosts the content, and Javien powers the e-commerce solution that accepts and aggregates the small payments.
"According to industry estimates, sales of Internet downloadable, spoken-word media has been experiencing double-digit growth since 2001," said Sajit Prabhakaran, Clarynx president. "This growth is expected to be sustained now that portable MP3 players such as the iPod are being sold in record numbers." Publishers of periodicals using the technology can offer the audio versions for subscription or pay-per-download.
Additionally, audio editions are a premium platform for sponsorship and advertising revenue. Clarynx can insert advertising messages within the media files.
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About Javien Digital Payment Solutions, Inc.
Javien Digital Payment Solutions, headquartered in McLean, Virginia, offers an ASP-hosted e-commerce platform that links a company’s digital storefront with the payment process through a technology built for the complexities of digital content sales. Javien’s technology supports custom business rules and easily integrates with your digital storefront so you can offer subscriptions, pay-per-view downloads and micropayment purchases.
About Clarynx Technologies, Inc
Clarynx Technologies, headquartered in Moline, Illinois, is a pioneering and leading provider of services for web based audio publishing. Clarynx Technologies creates and hosts digital audio versions of newsletters, magazines, newspapers and other publications so publishers can take advantage of the distribution channels offered by the Internet and mobile technology.
Linda Hagopian
Vice President, Marketing & Communications
Javien Digital Payment Solutions, Inc.
1616 Anderson Road, Suite 206
McLean, VA 22120
(703) 608-9554
linda@javien.com
Muthiah Subash
Vice President,?usiness Development
Clarynx Technologies, Inc.
(309) 912-3171
muthiahs@clarynx.com
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