OneScreen Implements Commerce Capabilities Into Its Media Platform
May 05 2009 - 6:05PM
Marketwired
OneScreen Inc. (PINKSHEETS: OSCN) (http://www.onescreen.com) has
implemented a payment gateway to manage business-to-business and
business-to-consumer commerce transactions on its media platform.
Already in use for a major client, the gateway enables a variety of
business scenarios pertaining to the media industry.
In its first implementation, the payment gateway provides a way
for two businesses to share media, through syndication or other
form of distribution, based on predetermined pricing rules managed
in the OneScreen's platform. The capabilities will be expanded to
enable subscriptions, pay-per-view and downloadable transactions
for media content. OneScreen has integrated two payment gateways,
including VitalPay and Authorize.Net, to accept credit card and
bank transactions.
Media companies are beginning to consider online subscriptions
and pay-per-view models as an important channel to monetize their
content. "OneScreen's platform will provide its business customers
the ability to manage these commerce transactions in the same place
they manage their videos," stated Atul Patel, CEO of OneScreen.
"Especially on the Internet, media companies are starting to
consider additional revenue streams for their content, and online
advertising is just the start."
About OneScreen Inc.
OneScreen Inc. (PINKSHEETS: OSCN) is an end-to-end solution
provider of digital media content management, publishing and
players, syndication, integrated third-party applications, and
monetization. OneScreen provides on-demand software that assists
content creators, publishers, and advertisers to work in concert to
provide their audiences with relevant, rich, and engaging digital
media experiences. OneScreen's technology helps manage complex
workflows and processes that are in demand by the digital media
market. The company is headquartered in Orange County, California.
For more information, please visit http://www.onescreen.com.
Forward-Looking Statements
Statements contained in this press release, which are not
historical facts, are forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based largely on current
expectations and are subject to a number of known and unknown
risks, uncertainties and other factors beyond the Company's control
that could cause actual events and results to differ materially
from these statements. These risks include, without limitation,
that there can be no assurance that any strategic opportunities
will be available to the Company and that any strategic
opportunities may only be available on terms not acceptable to the
Company. These statements are not guarantees of future performance,
and readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
release. OneScreen, Inc. undertakes no obligation to update
publicly any forward-looking statements.
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