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Contact: Evan
Twede
In-Store Broadcasting Network, LLC
801-746-1709
Contact: Darcy
Angell
Beachwood Studios
216-292-7300 Voice
216-292-1765 Fax
angell@edr.com
EDR
MEDIA SECURES PARTNERSHIP WITH IN-STORE BROADCASTING
NETWORK
Partnership
Enriches Both Companies and Offers Retailers a Powerful
Promotional and Content Development Solution for Burgeoning
In-store Media Applications
Las
Vegas, Nevada, March 15, 2006 -- In-Store Broadcasting
Network (IBN) and EDR Media LLC (EDR) jointly announced
today that the companies have completed a strategic
partnership alliance that offers marketers and advertisers
powerful in-store messaging solutions that influence
consumer behavior at the point of sale.
"Leading
retailers see in-store media programs as their vehicle
for realizing their potential of becoming large, high-reach
and high-frequency media networks" said Rob Brazell,
CEO for IBN. "We evaluated the major digital media
content providers in the industry and found EDR Media
to be the clear leader at creating and managing custom
in-store content that, importantly, differs significantly
from traditional television or radio content. In addition,
we were pleased to see that EDR shares our commitment
to quality and that the company's mission matches our
vision for integrated in-store digital media networks."
Retail
media studies indicate that consumers feel they benefit
from in-store media if executed properly. Pierre Bouvard,
President of Arbitron Retail Services, stated: "It's
tremendously appealing because it permits terrific reach
and frequency at the place where it has incredible influence
-- at the point of sale."
"Our strategic alliance with EDR furthers our mutual
objectives in creating properly executed content specific
to the retail environment," added Brazell.
IBN is one of the nation's largest media networks, distributing
integrated, place-based audio, video and digital display
advertising into the retail environment through a process
called PerfectMediaTM. EDR has built an award-winning
reputation for its core expertise in brand image-based
video messaging and digital media networks. The IBN-EDR
partnership comes at a time when a growing interest
in the use of sophisticated media applications at retail
has been fueled by the introduction of more efficient
and cost-effective digital content management technologies
and decreasing costs for high-end hardware systems such
as large flat-panel screens.
"This partnership brings two highly-experienced
in-store media providers together, each with a complementary
strength, and each with a reputation as 'best in class'
in their area of expertise," states Peter Vrettas,
EDR's CEO. "Now retailers, product marketers and
advertisers can turn to a single, highly-experienced
source for content creation and strategic distribution
of their messaging."
About In-Store Broadcasting
Network
In-Store
Broadcasting Network, based in Salt Lake City, UT, is
one of the largest retail media companies in the United
States, and is the only electronic retail media provider
which is measured according to traditional broadcast
media standards. The IBN network encompasses 1 billion
shopper visits per month in over 15,000 grocery and
drug stores within the US and Canada. IBN deploys proprietary,
patented technology and systems comprising "PerfectMediaTM,"
a uniquely synchronized and integrated media combination
including audio, video, and other digital targeting
technologies and methods that deliver advertising messages
guaranteeing audience reach. IBN recently partnered
with retail giant Kroger to install a sophisticated
multi-media network deployment across the 2,500 store
chain and to provide third-party advertising and retailer-specific
content. More information is available at www.ibnads.com.
About EDR Media
Located
in Beachwood, Ohio and Las Vegas, Nevada, EDR Media
is a leading content provider for retail media networks,
having served national chains like Best Buy, Costco,
HEB Grocery, Honeywell/ADI, and Red Lobster. EDR specializes
in creative, customer-centric programs that educate,
entertain, and enhance the customer experience at retail
stores, restaurants, banks, and hospitality sites. The
company's dynamic media solutions deliver a relevant
shopping experience, and differentiate clients from
the competition. EDR owns and operates Beachwood Studios
Production Center, a full-service audio, video, and
graphics production facility. In addition to its retail
media business, EDR creates broadcast programs and commercials,
and has over 30 years experience in developing business
media for leading companies and organizations.
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