Modavox Announces Release of Independent Analyst Update Report by Wasserman Morris & Company

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Modavox, Inc. (OTCBB:MDVX), Internet broadcasting pioneer in producing and syndicating online audio and video, announced today that Wasserman Morris & Company, a New York-based independent investment research firm, has issued a quarterly update report on the Company.

    Wasserman Morris analyst, Kipley J. Lytel, CFA previously initiated coverage of Modavox and has now issued a quarterly update report on the company. The report is available for review at http://www.wassermanmorris.com.

About Modavox

Modavox, Inc. (http://www.modavox.com), a pioneer in internet broadcasting, producing and syndicating online audio and video, offers 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.

About Wasserman Morris & Company,

Wasserman Morris & Company Ltd. is an independent fee based research, publishing and distribution firm whose contract analyst adhere to the ethics and standards of the Association for Investment Research Management. The views expressed in this research report reflect the analyst's personal views about the issuer and its securities. Opinions and recommendations contained in this report are submitted solely for advisory and information purposes and are not intended as an offering or a solicitation to buy or sell the securities mentioned above. The analysts are responsible only to the public and this report is not a service to the company. Neither the Analysts nor the company own equity or debt securities of the companies on which our contract analysts report. More information about Wasserman Morris & Company policies are available at http://www.wassermanmorris.com. Wasserman Morris & Company Inc. 36 West 44th Street, Suite 620, New York, NY 10036 Phone: (212) 221-1491 Fax: (212) 221-0456 Web: http://www.wassermanmorris.com Email: info@wassermanmorris.com

Forward-Looking Statements

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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Sonja Darte
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