PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB: MDVX.OB), Internet broadcasting pioneer and holder of several patented technologies, today announced that the Company has been requested to enter into preliminary settlement talks with Tacoda Inc., a wholly owned division of AOL.
The Company previously announced that it filed an action on August 9th, 2007 against Tacoda, Inc. in the United States District Court in New York. In the suit, Modavox asserted its claim that Tacoda is infringing on United States Patent, "Method and System for Adding Function to a Web Page." The Company subsequently filed an Amended Complaint asserting their new patent upon its issuance.
About Modavox
Modavox, Inc., the customized communications company, is a pioneer in Internet broadcasting, producing and syndicating online audio and video, offering 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. For more information, please visit www.modavox.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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