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SoMedia Networks Introduces SoMedia Enterprise Platform - Expands Cloud Based Video Production to Large Media and Agency Partners

VANCOUVER, British Columbia--(BUSINESS WIRE)--SoMedia Networks (TSX-V:VID) (“SoMedia,” “the Company”), the pioneer of globally scalable cloud-based video production solutions, is pleased to introduce SoMedia Enterprise, its large-scale video production platform. SoMedia Enterprise is the first video production platform that offers large digital agencies and media companies affordable access to on demand video production services in unlimited volume anywhere in North America.

“We chose SoMedia as our partner for their robust solution and online self-serve interface”

The Company has already signed 14 partners to SoMedia Enterprise, including DAC Group, SEO.com, iCrossing, VFM Leonardo, and Boostability.

SoMedia Enterprise is a collaborative multi-user project management platform designed to provide large media and agency partners with the ability to simultaneously order, track, and deliver numerous client video projects and video marketing campaigns. The platform allows partners to:

  • Order turnkey B2B and news video production services in standardized cost effective formats at unlimited volume
  • Simultaneously develop and manage large scale video marketing campaigns in numerous locations across North America without any video expertise
  • Easily manage a wide range of projects across departments or teams using built in project management, collaboration, and team based messaging tools
  • Manage projects with detailed progress based tracking, centralized accounting, and reporting features

"SoMedia Enterprise provides us with the opportunity to offer our proven video production technology and processes to a new market - large media and agency partners,” stated George Fleming, SoMedia’s CEO. “Demand for video content continues to accelerate, but the production of video is still a cumbersome, hands-on creative process. For large agencies and media companies the lack of scalability in video production has become a huge and expensive logistical problem. SoMedia Enterprise allows these companies to both access our low cost, low risk production services and simultaneously manage multiple projects across multiple locations. By using SoMedia Enterprise, our partners can avoid the complex logistics associated with video production, improve the turnaround time of their projects, and decrease their associated costs by an average of 50% - all without the need for any technical expertise.”

“We’re continuously looking to align ourselves with service providers that offer high-quality product at the best prices. SoMedia has clearly established itself as a provider of this caliber,” stated Stephen McDonald, CFO at VFM Leonardo Inc.

“We chose SoMedia as our partner for their robust solution and online self-serve interface,” stated Paul Kraemer, Director of Strategic Planning at DAC Group. “SoMedia’s pricing and product provide our clients with an affordable, convenient option for including videos in their marketing mix.”

Through SoMedia's Scalable Video platform, video production is now a standardized, technology-driven business product readily available to web service providers, brands, the media, web marketing specialists, and digital agencies. By combining cloud-based technologies, streamlined process control, and crowdsourced workforce management systems, SoMedia provides video production services across North America anywhere, anytime, on demand, in unlimited volume, and at the lowest price points.

Demand for video continues to grow. comScore estimates over 85% of the Internet audience viewed online video last month, reaching 183 million Americans. eMarketer projects advertisers will increase video spending in the United States by 54.7% in this year alone.

For more information visit: www.somedia.net.

About SoMedia Networks

SoMedia Networks is a pioneer of cloud-based video content production platforms, advanced crowdsourced workforce management, and scalable video production services. SoMedia provides resale, white-label, and on demand video production services across North America to web marketers, digital agencies, corporate brands and media.

With a technology first approach and North American-wide crowd sourced workforce, SoMedia offers a range of ground breaking video production services and products which break down the traditional barriers of cost, volume and reach; making it easy for partners to deliver online video products to their clients simply and affordably, anywhere, at scale.

About DAC Group

Founded in 1972, DAC Group (www.dacgroup.com) has grown to become one of the largest and most successful digital and directory advertising agencies in North America. DAC Group combines consumer insight, proprietary technology and media expertise to create innovative marketing and lead generation solutions. A leader in developing ROI based strategies, DAC Group drives business and revenue via local, regional and national programs that integrate a broad range of online and offline channels, including search engines (SEM/SEO), directories, social and mobile media.

About VFM Leonardo

VFM Leonardo is a technology and online media company for the global hospitality industry and provides e-marketers at hotel brands, management companies and hotel properties with technology, sales conversion tools and a global travel media network that enables them to better visually merchandise their hotels to millions of in-market travel shoppers monthly. The company' core products, the VScape® Digital Asset Management System and VBrochure™ Online Merchandising System, leverage the VNetwork™ - the largest media syndication network in the industry. It includes all major search engines, Global Distribution Systems, online travel agencies, travel research and supplier websites, search portals, review, travel editorial, local directories and major social media and video sharing sites. Taking advantage of VBrochure’s mobile and social media platforms, hotels can ensure that their rich visual presentations reach consumers on their mobile devices and through their social graphs. For more information about VFM Leonardo, visit http://www.vfmleonardo.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts

SoMedia Networks
George Fleming, 604-683-5510
President, CEO and Director
gfleming@somedia.net
or
Yulu Public Relations Inc.
Nadia Gillies, 604-558-1656
Media Relations
nadia@yulupr.com