NEXAGE Powers Mobile Rich Media Service for Versaly Entertainment

Nexage ( www.Nexage.com), a leading mobile advertising and rich media solutions provider, announced today that it is powering a new mobile destination for Vmbc.tv, a mobile video-on-demand distribution network from Versaly Entertainment. Use your mobile phone's browser to go to http://m.Vmbc.tv. Vmbc.tv is a unique platform that unifies media buyers, carriers, and content owners, creating a simple, profitable point of entry and expansion for the mobile video business. It will enable consumers worldwide to access one of the largest libraries of mobile video content that is compelling and targeted to the mobile video audience.
Nexage's PhoneCast platform is a highly reliable, carrier-grade solution that is easy to use for both media content providers and end users, and powers services for CBS Sports, DivX and others. It supports full social networking capabilities that enable companies to engage in viral marketing and build customer loyalty. It delivers content and services to phones on networks worldwide without the need for client software.
"Versaly Entertainment provides great content to global mobile users," said Dev Gandhi, CEO of NEXAGE. "We are excited to have the opportunity to work with them to create an outstanding mobile experience for Vmbc.tv based upon our proven PhoneCast platform."
"Nexage provides an innovative mobile solution that enables us to deliver our content and services worldwide," said Matthew Feldman, CEO of Versaly Entertainment. "We are dedicated to offering our users the highest quality mobile media experience with social media features, and we are excited to be working with Nexage to make this vision a reality."
About Versaly Entertainment
Versaly Entertainment is a global mobile media and entertainment company for the always-connected mobile generation. Versaly operates Vmbc.tv (Versaly Mobile Broadcasting Company), a mobile video-on-demand distribution network. See http://blog.versaly.com/about for more information.
About NEXAGE, Inc.
Nexage is a leading developer of Mobile Advertising, Rich Media, & Social Networking Solutions for Media companies, Content providers and Carriers. Nexage's white labeled services enable fast, economical deployment of mobile media to an addressable market of 3 billion mobile phones consisting of over 450 phone models on more than 350 wireless networks worldwide. The PhoneCast platform provides automatic content ingestion, encoding, management, ad network integration, publishing, and delivery of mobile video content through streaming and download. Nexage's solutions are deployed for over 10 media companies, content providers and mobile operators including CBS, DivX and other top-tier broadcasters in the US.