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Integration of Javien’s e-commerce solution creates payment platform for educational digital content
McLean, Virginia—August 25, 2008
Javien Digital Payment Solutions, Inc. today announced that Speakaboos, a children’s web site that features digital storybook videos to help support children’s development of literacy skills, has implemented the Javien Total Commerce Solution, allowing parents and teachers to download nursery rhymes, lullabies and stories for 99 cents each.
The Javien Total Commerce solution is an e-commerce platform that includes built-in support for online and off-deck mobile sales of digital content.The platform also leverages Javien’s patented micropayment technology to aggregate and batch transactions according to various rules, and adapt those rules depending upon an individual buyer’s behavior or the collective behavior of a category of individuals over time.
Speakaboos is a children’s web site that celebrates classic stories such as Curious George, Snow White and Aesop’s Fables through the voices of today’s biggest stars. The web site features “storybook videos” with original illustrations and music accompanied by educational activities, games and contests that kids can play alongside their parents. Each video can be purchased online for download to a user’s computer or iPod, with 15% of all top-line revenue going directly to charitable partners such as the National Education Association and The Creative Coalition.
Javien’s micropayment technology is critical to Speakaboos’ business model, enabling high volumes of small transactions across the web site. With the Javien Total Commerce Solution platform, Speakaboos’ customers can download several 99 cent purchases at one time. From the backend, Javien manages each customer’s purchase and aggregates the transactions, reducing potential credit card processing fees for Speakaboos.
“Javien is a great partner because they understand our business needs,” said Noelle Millholt, Associate Publisher of Speakaboos. “Customers demand flexibility in how their purchases are made—particularly in the publishing industry. That’s why it’s critical for us to offer alternative payments in addition to having a micropayment aggregation technology that helps us minimize our transaction processing fees. These tools allow our customers to easily make purchases, and enable us to capture revenue for both our business and our designated charities,” added Millholt.
“We weren’t surprised to hear that Speakaboos had reviewed several other payment solutions, only to be disappointed by poor customer service and a series of complicated setup processes,” said Leslie Poole, CEO of Javien Digital Payment Solutions. “Our depth of experience in the payments industry allows us to better understand the challenges that merchants face, and positions us to anticipate their needs,” added Poole. “We are thrilled to provide Speakaboos with the payment platform to sell their innovative and educational digital content,” said Poole.
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About Javien Digital Payment Solutions, Inc.
Javien Digital Payment Solutions, Inc. delivers to content providers a total commerce solution for powering online and off-deck mobile sales of digital content and physical goods. Flexible, adaptable and scalable, Javien’s hosted platform powers sales for leading companies in entertainment, media and publishing including Ruckus Network, iMesh, Bearshare, SNOCAP, K2 Network, Garage Games and Forbes.com. Javien is backed by K&K Capital Group, which ranks among the most significant financial groups in the Czech Republic. It manages assets of 2 billion USD and employs more than 7,000 people. K&K Capital Group’s portfolio includes more than 20 companies around the world.
About Speakaboos
Speakaboos is a children’s web site that celebrates classic stories such as Curious George, Snow White and Aesop’s Fables through the voices of today’s biggest stars including Kelly Ripa, Kevin Bacon and Nick Cannon. The web site features “storybook videos” with original illustrations and music accompanied by educational activities, games and contests that kids can play alongside their parents. Its first release, the Arthur Celebrity Audiobook, earned a Teacher’s Choice Award from Scholastic and was featured in Parenting, Family Circle, PBS Kids and The View.
Speakaboos partners with premier educational organizations such as the National Education Association and contributes 15% of all revenues in return for distribution and promotion to over 3 million teachers and administrators.
Linda Hagopian
Vice President, Marketing & Communications
Javien Digital Payment Solutions, Inc.
1616 Anderson Road, Suite 206
McLean, VA 22120
(703) 286-0778
linda@javien.com
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