Coral Springs, Florida – (The Hosting News) – June 21, 2006 – Web development and media strategy company, FSBO Media Holdings, Inc., has entered a definitive agreement to acquire privately held Florida-based Relax Relax Inc., a provider of media delivery systems, technology and hosting. Through its developer website, Relax Relax Inc., has provided video delivery platforms and hosting to companies such as Virgin Mobile, USA Today, Comcast, Wrigleys, and Bosch.
Clients using Relax Relax Inc.’s proprietary media delivery applications utilize administration of video compression and playback for use in commercials, infomercials, promotions, and online pay per view movie playback. Relax Relax Inc. has several hundred clients in over 20 countries worldwide.
Steve Bazsuly, Chairman of FSBO Media Holdings commented, ”This acquisition brings revenue streams and strengthens our foundation through the core technologies of RelaxRelax, Inc., thus enhancing our overall internet businesses. Moreover, the creative talents of founders Paul Vizard and Cort Stull joining the FSBO team brings years of experience in streaming video production and programming. The intellectual firepower and talent this acquisition provides fits right into the FSBO WebTV plan of closing the gap between Internet and television quality production.”
FSBO Media Holdings provides web development and media strategy, online-offline promotions, partnership marketing, and branding/identity. FSMH utilizes conventional forms of media advertisement such as Internet, TV, print and radio. Other service providers will be able to advertise services and products through the FSBO Media Holdings network of affiliates. FSBO Media Holdings, Inc. will also seek to acquire other businesses related to the real estate industry as well as other providers of media content. FSBO Media Holdings has established individual divisions to include FSBO Home Shoppers Network, an online merchandiser of thousands of household items; FSBO Financial Network by which the Video-Spectus is produced and sold; FSBO Mortgage; FSBO Title; and FSBO flat fee home listing and marketing services
FSBO WebTV’S primary video programming is directed towards the For Sale By Owner real estate marketing and listing business. FSBO is modeling its services after the discount stock brokerage businesses that revolutionized their industry such as Scottrade, E-Trade and other popular consumer accepted brokerage services that have provided the ”Self Help Directed” methods of buying, selling and making investment decisions on their own without paying high commissions.
To learn more about
Relax Relax Inc., please visit: www.flvhosting.com.
For more information about FSBO Media Holdings, please visti: www.fsbomediaholdings.com.