Advanced Equities Financial Corp. to Utilize Modavox BoomBox(TM) Video for Customized...

Advanced Equities Financial Corp. to Utilize Modavox BoomBox(TM) Video for Customized Broadcasting and Communications Network

Newly Created Network Will Provide Instant Publishing and
Exclusive Content Distribution for Advanced Equities
PHOENIX--(Business Wire)--
Modavox, Inc. (OTCBB:MDVX), Internet broadcasting pioneer and
holder of several patented technologies, announced today that through
the use of its patented BoomBox(TM) Video 2.0 software the company
will provide video publication and secure distribution of interactive
Internet broadcasts for Advanced Equities Financial Corp. (Advanced
Equities). The customized communications solution will aid Advanced
Equities' companies in the delivery of high-quality rich media
broadcast content to its rapidly growing network of financial
advisors.

"Our technologies provide organizations with new and innovative
options in terms of how they address their communication needs," said
Nathaniel T. Bradley, Chief Technology and Product Officer for
Modavox. "Customization is what sets us apart. This project is
indicative of the coming trend toward much more sophisticated
deployment of Internet-based broadcasting from which growing
organizations, in particular, can benefit greatly."

David J. Ide, Modavox Chief Executive Officer stated, "We are very
pleased to have solidified this opportunity with Advanced Equities.
This highly scalable product offering has the potential to be a key
reoccurring revenue driver for Modavox. The model itself is one that
may be readily replicated for use within countless organizations
seeking to leverage interactive Internet broadcasts for their internal
communication needs."

Joel Marks, Chairman and COO of Advanced Equities, said the two
companies have a natural synergy. "We recognize the need to
continually find innovative ways to support the nearly 1,000
independent business owners affiliated with Advanced Equities," Marks
said. "Having the ability to reach our financial advisors via Internet
broadcasts provides us with one more avenue through which we can help
them grow their businesses."

About Advanced Equities Financial Corp.

Advanced Equities Financial Corp. is a leading provider of
investment management, securities brokerage, and venture capital
investment banking services through its subsidiaries: First Allied
Securities, Inc.; Advanced Equities, Inc.; Advanced Equities Asset
Management; and Advanced Equities Wealth Management. Combined,
Advanced Equities companies represent one of the nation's top
independent brokerage forces with about 1,000 financial advisors
administering more than $30 billion in client assets. Their advisors
are frequently ranked among the most productive in the financial
services industry and have access to an array of products, services
and in-house expertise that few firms can rival. For more information,
please visit www.advancedequities.com.

About Modavox

Modavox, Inc., the customized communications company is a pioneer
in Internet broadcasting, producing and syndicating online audio and
video, offering innovative, effective and comprehensive online tools
for reaching targeted niche communities worldwide. Through patented
Modavox technology, Modavox delivers content straight to desktops and
Internet-enabled devices. Modavox provides managed access for live and
on-demand Internet radio broadcasting, e-learning and rich media
advertising. For more information, please visit www.modavox.com.

Investors:
C&H Capital Inc.
Jason Assad, 678-570-6791

Copyright Business Wire 2008