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StreamTrack's RadioLoyalty Releases Updated Web UniversalPlayer; Reports Positive Preliminary Results

STTK

StreamTrack’s RadioLoyalty Releases Updated Web UniversalPlayer; Reports Positive Preliminary Results



Santa Barbara, California (FSCwire) - StreamTrack, Inc. (STTK) ("StreamTrack" or the "Company"), the first company to replace audio advertisements with video advertisements in a live broadcast radio environment, today announced that RadioLoyaltyTM has released a significant technology enhancement to its UniversalPlayerTM. The release was implemented platform wide on December 3, 2014.

 

The release features several key improvements including the video display size inside of the player increasing from 425x250 to 468x442 and the 728x90 display unit display being raised to the top of the page.  While data so far is limited, significant improvement has been seen comparing the same hours the previous day in the following:

 

  • A video revenue increase of 35%.
  • Video revenue per listener hour jumping by 29%.
  • Video impressions increasing by 29%.
  • Video CPM increasing by 9%.

 

Michael Hill, CEO of StreamTrack stated: “This is another step forward in greater monetization of the content distributed through our platform.  This release came in response to feedback from advertisers wanting to buy larger sized video inventory and display ads as close to the top of the page as possible.  We listened to our advertisers and anticipate increased advertising buys and higher advertising rates on RadioLoyalty as a result.  While results so far are extremely limited, we have surpassed our expectations for performance following the release.

 

Additionally, the listener experience has been improved by displaying larger sized video ads in our pre-roll and patent-pending in-stream video ad insertion technology.  This successful technology release further showcases our competitive, patent-pending technology advantages over other broadcasting platforms.”

 

About StreamTrack, Inc.

 

StreamTrack, Inc. (the "Company") is a digital media and technology services company. The Company provides audio and video streaming and advertising services through its RadioLoyalty™ Platform (the "Platform") to over 5,500 internet and terrestrial radio stations and other broadcast content providers. The Platform consists of a web-based and mobile player that manages streaming audio and video content, social media engagement, display and video ad serving capable of replacing audio ads with video ads within the web player in a live or on-demand environment. The Company offers the Platform directly to its broadcasters and integrates or white labels its technologies with web-based internet radio guides and other web-based content providers. The Company is also continuing development of WatchThis™, a patent-pending technology to provide web, mobile and IP television streaming services that are e-commerce enabled within streamed content.

 

For more information visit: http://www.streamtrack.com or http://www.radioloyalty.com

 

Forward-Looking Statements

 

Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about StreamTrack's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of the Company may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. Readers should review carefully reports or documents the Company files periodically with the Securities and Exchange Commission.

 

Contact:
StreamTrack, Inc.
Michael Hill
Chief Executive Officer
ir@streamtrack.com
+1 805-308-9151

 

Contact:

 

StreamTrack, Inc.
Michael Hill, +1 805-308-9151
Chief Executive Officer
ir@streamtrack.com 



To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/streamtrack12042014.pdf

Source: StreamTrack Inc. (OTCQB:STTK) http://www.streamtrack.com/

 

Maximum News Dissemination by FSCwire. http://www.fscwire.com

 

Copyright © 2014 Filing Services Canada Inc.







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