POMPANO BEACH, Fla., April 13, 2011 /PRNewswire/ -- Onstream Media Corporation (NASDAQ: ONSM), a leading online service provider of live and on-demand Internet broadcasting, corporate web communications and virtual marketplace technology, today announced Go Green Expo, the nation's premiere eco-friendly event organizer, has indicated that it plans to go virtual utilizing Onstream Media's comprehensive MarketPlace365™ Platform this June. Go Green Expo will be holding its Go Green Expo annual tradeshow ( www.gogreenexpo.com) in Los Angeles on April 15 through April 17, where it will introduce and explain the concept of its new virtual marketplace.
In addition, Go Green Expo has announced that it has signed a Letter of Intent to acquire Green Light Expo, a virtual green exhibition currently utilizing Onstream Media's MarketPlace365™ virtual tradeshow platform. Combining Green Light Expo's existing base of exhibitors and sponsors with Go Green Expo, creates one of the largest green-focused virtual conferences in the industry with well over 1,000 potential exhibitors, sponsors and other participants.
"We felt the time was right to practice what we preach, reduce our own carbon footprint and move in a more environmentally friendly direction," said Bradford Rand, CEO of Go Green Expo. "By acquiring Green Light Expo, we're able to 'hit the ground running' and build upon an already successful virtual event model that's also developed around Onstream Media's MarketPlace365 Platform."
This year's Go Green Expo will feature some of the industry's leading thought leaders, authors and activists, such as Ed Begley Jr., Mariel Hemingway, Paul Watson, Eric Cory Freed and Jen Boulden. Some of these same speakers and other notable presenters are expected to soon become part of Go Green Expo's virtual Auditorium and Learning Center. Go Green Expo also features big name sponsors, such as Home Depot, Mitsubishi, Coco Eco Magazine, Los Angeles Times , The Ultimate Green Store and others."The new virtual Go Green Expo will take advantage of MarketPlace365's full suite of services, enabling it to showcase some of the most innovative thinking, green products and services available today," said Randy Selman, President and CEO of Onstream Media. "It's also gratifying to see how MarketPlace365 is tailor-made for associations, publishers and other event organizers to form alliances in their respective vertical markets. We expect to see more partnerships, mergers and acquisitions like this as more and more ventures fully understand and begin to tap into the future potential of these vertical-oriented, online communities." MarketPlace365 provides an environmentally conscious technology solution that brings consumers, retailers, wholesalers, and green industry experts together in one, centralized online community.