Podclass Announced as Recipient of fbFund for Application Built on Facebook(R) Platform

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Wed Jul 23, 2008 7:32pm EDT

Podclass Announced as Recipient of fbFund for Application Built on Facebook(R)
Platform

SAN DIEGO, July 23 /PRNewswire/ -- Podclass, Inc. announces that their new
web services technology that interfaces with Moodle, the leading open-source
learning management software system, built on Facebook Platform has been
awarded a grant through Facebook's fbFund.
    *(LOGO Link: Send2Press.com/mediaboom/08-0723-Podclass_72dpi.jpg)
    The announcement was made today at f8, Facebook's annual developers'
conference, and helps deliver on Facebook's mission to give people the power
to share and make the world more open and connected.
    In an effort to grow the Facebook ecosystem, fbFund was introduced last
year to provide resources to developers by eliminating some of the challenges
of starting a company. Through fbFund, Facebook hopes to encourage
entrepreneurs to build compelling businesses on Facebook Platform.
    There were more than 1,000 applications submitted, but only 10 applicants
were provided with grants.
    "We are very excited to be one of ten companies to receive this grant,"
Gary Gil, founder, Podclass, Inc. says. "We are confident that our Podclass
application will only serve to enhance the user experience."
    With over 90 million active users, Facebook is the fourth-most trafficked
web site in the world. So, why not include an application that millions of
users can use within Facebook to access their educational classes on line?
    The fbFund winning applications were evaluated based on the following
criteria: originality of concept -- does the application introduce an idea in
an unexplored area?; target market -- is the application targeted to key
cohorts and does it meet compelling needs?; social/useful -- does it deliver
real value to users?; expressive -- does it allow people to share more
information?; intuitive -- is it compelling and easy to use?; potential -- can
it be a real business someday?; and team -- can the team execute to succeed?
    In 2007, Facebook launched Facebook Platform, a development platform that
enables developers and entrepreneurs to integrate with Facebook and create
meaningful social experiences for millions of users. Facebook provides
unparalleled potential for applications and the opportunity to build a
business that is highly relevant to people's lives.    Facebook(R) is a
registered trademark of Facebook Inc.
    For more information, visit: http://www.Facebook.com.

    Video News Release (VNR):
    http://send2press.com/newswire/2008-07-0723-007.shtml

    This release was issued on behalf of the above organization by
Send2Press(R), a unit of Neotrope(R). http://www.Send2Press.com
SOURCE  Podclass, Inc.

Gary Gil of Podclass, Inc., +1-858-793-6259, gary@podclass.com
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