FRISCO, TX, Feb 26 (MARKET WIRE) --
NeXplore Corporation (PINKSHEETS: NXPC) today announced the acquisition of
ClickCaster.com and CastLister.com, popular websites that provide easy-to-use
tools for creating, publishing, tracking and subscribing to audio and video
podcasts.
Under the terms of the agreement, NeXplore acquired ClickCaster.com and
CastLister.com domain names, user bases, associated revenues and a
perpetual license to use the ClickCaster.com and CastLister.com
applicationsoftware for podcast creation, publishing and management.
Launched in 2005 by Colorado-based ClickCaster, Inc., ClickCaster.com and
CastLister.com currently have approximately 245,000 unique users. Collectively,
ClickCaster.com and CastLister.com average more than 10 million hits per
month.
Said Edward Mandel, CEO of NeXplore Corporation, "We are excited to add
these
popular websites to the NeXplore portfolio. ClickCaster.com and
CastLister.com make podcast creation and publishing fast, fun and easy and
align perfectly with NeXplore's mission to provide web-based tools and
destinations that transform and improve the online experience. We plan to
work quickly to integrate ClickCaster podcasting capability into NeXplore
Search,
our recently launched Web 2.0 search destination optimized for a superior
end-user experience, rich media display and social network integration."
"We're committed to making this transition smooth in order to help
NeXplorequickly realize the potential of the ClickCaster.com technology," added
Keenan
Gates, CEO of Medioh! Inc., a ClickCaster company. "This transaction will help
Medioh! focus on mass aggregation and distribution of quality video."
About NeXplore Corporation
NeXplore Corporation (PINKSHEETS: NXPC) improves the online experience by
providing Web tools and destinations that empower people to drive and define
a World Wide Web perfectly suited for their unique needs, interests, and online
pursuits. For advertisers, NeXplore offers a full array of search, display
and interactive advertising products to reach and engage targeted consumers. For
more information about NeXplore Corporation, visit www.nexplorecorporation.com.
Forward-Looking Statements: A number of statements contained in this press
release are forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 that involve risks and uncertainties
that could cause actual results to differ materially from those expressed or
implied in the applicable statements. These risks and uncertainties include,
but are not limited to: our ability to commercialize a proprietary product, our
ability
to generate product sales and operating profits, potential vulnerability of
technology obsolescence, potential competitive products by better capitalized
companies, potential difficulty in managing growth, dependence on key personnel,
and
other risks which will be described in future company Securities and Exchange
Commission filings.
Investor Contact:
Stewart Clancy
(214) 432 -0637
sclancy@NeXplore.com
Media Contacts:
Rory Doherty
(214) 459-6321
rdoherty@NeXplore.com
Copyright 2008, Market Wire, All rights reserved.
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