PRZOOM - /newswire/ -
Point Roberts, WA, United States, 2006/11/28 - Social networking software developer, DigitalFX International, enables online sharing of digital media content, streaming media, Podcasting and self-generated content.
DigitalMediaStocks.com, an investor and industry news portal for the digital media and technology sector, announces DigitalFX International, Inc. (OTCBB: DFXN), a social networking and digital communications firm, as a new featured company. DigitalFX develops and markets a suite of proprietary web-based social networking applications featuring video email, video instant messaging, live webcasting and podcasting. This suite of applications enables the distribution and development of self-generated content and utilizes a subscription-based business model.
The Company markets its applications to individuals, affinity groups and enterprises through its channel of over 10,000 independent affiliates. The primary product marketed by DigitalFX’s independent affiliates is a video-based social networking website called Helloworld.com, where users are able to create and share generous amounts of rich, digital media content for an affordable monthly fee.
The social networking space has experienced a significant rise in online activity, which has seen a collective increase of 47% in the growth of unique visitors, reaching 45% of web users according to Nielsen/NetRatings. The rise in popularity of online social networking has sparked significant acquisition activity within the Internet stock market, rejuvenating the Internet space with deals such as News Corp’s $580 million purchase of MySpace, Google’s $1.65 billion acquisition of video sharing giant YouTube, and Yahoo’s willingness to pay $800 million for Facebook.
With DigitalFX’s Web 2.0 communication tools, users can create, send, manage and store all forms of digital media content. The built-in transcoding engine provides subscribers with the ability to convert video and audio files into any of over 120 formats, ensuring optimal playback regardless of bitrate, player format or device.
Through its combination of subscription-based communication tools, robust social networking functionality and viral marketing approach, DigitalFX offers a turn-key formula for individuals and affinity groups to improve communications while monetizing their existing relationships.
“By providing an all-in-one digital media platform, DigitalFX is uniquely positioned to take advantage of the current momentum in social networking and self-generated media,” said Craig Ellins, CEO of DigitalFX.
DigitalFX International, Inc. is a featured company on DigitalMediaStocks.com and TechSectorStocks.com, the newest technology focused investor and industry portal within the InvestorIdeas.com™ content umbrella. InvestorIdeas.com™ does not make recommendations, but offers investors research, news, blogs, RSS feeds, online conferences, interviews and links to public companies within the tech sector.
DigitalFX compensates InvestorIdeas.com™; see disclaimer below.
InvestorIdeas.com Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and/or IR firm and is not the opinion of our web sites. This site is currently compensated by its "featured companies”. DigitalFX International (OTCBB: DFXN) four thousand dollars per month.
For more information contact:
Dawn Van Zant 800.665.0411
Source: DigitalMediaStocks.com, DigitalFX International, Inc.