I value his friendship and counsel.
Phoenix, AZ (PRWEB) March 31, 2006
Robert Arkin, Chairman of Modavox, Inc. (OTCBB: MDVX), announced today that he is resigning from the Board of Directors and as an officer of the Company after three years. He will continue serving Modavox in a consulting capacity.
“Robert has made an invaluable contribution to Modavox and its stockholders,” said CEO David Ide. “I value his friendship and counsel.” Arkin was instrumental in taking Modavox public, raising capital, developing a broader business strategy for the Company in the online distribution of on-demand streaming media and initiating a successful turnaround strategy.
A pioneer in Internet radio and survivor of the dot-com bust, Modavox went public in a reverse merger in 2003. Under Arkin’s initiative, the Company improved its positioning, branding, technology platform, production capabilities and programming; changed its name from SurfNet Media Group to Modavox to reflect a broader vision of the Company as a digital media enterprise; and embraced new opportunities in the on-line syndication of rich media.
Arkin also engineered Modavox’s recent merger with Kino Interactive Group, LLC, bringing Modavox more scale and momentum by uniting Modavox's leadership position in internet talk radio and Kino's capabilities in online delivery of rich digital media. The merger strengthened Modavox’s management team and brought Modavox a roster of new clients, expanded product line, developing business opportunities and new proprietary tools.
Before joining the Company, Arkin worked in business, real estate and law. He was the founder of Synermedics, Inc. which developed a web portal, applications delivery platform and workflow process automation technology for the hospital industry. He served as General Counsel, Executive Vice President and Chief Operating Officer of Berman Managed Care, Inc., a Nasdaq National Market traded health plan, rural delivery network, management services organization and hospital coding, utilization review and quality assurance business. He was a principal in several real estate projects. Prior to that, Arkin was a partner in Leonard Street and Deinard, Minnesota’s 4th largest firm, and in several other law firms. He specialized in corporate finance and securities law, working primarily with technology and health care businesses.
Arkin is a graduate of the University of Virginia School of Law where he served as Executive Editor of the Virginia Journal of International Law. He received his bachelor’s (cum laude) and master’s degrees from the University of Pennsylvania. He has authored several articles on technology law and healthcare law issues. He served as a judicial law clerk for the Chief Justice of the Supreme Court of Minnesota following his graduation from law school.
Modavox, Inc. (http://www.modavox.com) is a pioneer in internet broadcasting, producing and syndicating online audio and video, and offering innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Modavox is the leading producer and distributor of online, talk radio content, streaming approximately 250 hours of live programs and scheduled replays weekly on its Modavox VoiceAmerica(TM) Network (http://www.voiceamerica.com). Through its patented Modavox Central(TM) technology, Modavox "takes the search out of search," delivering content straight to desktops and internet-enabled devices. Through its proprietary StreamSafe(TM), WebcastWizard(TM) and Stream Syndicate(TM) tools, Modavox provides managed access for live and on-demand internet broadcasting and syndication; content management; and online meeting, event management, enterprise communications and distance learning.
This release contains “forward-looking statements” for purposes of the Securities and Exchange Commission’s “safe harbor” provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Modavox’s actual results to differ materially from those currently anticipated, including the risk factors identified in Modavox’s filings with the Securities and Exchange Commission.
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