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Onstream Media Signs MarketPlace365® Master Agent Agreement With WebiMax

POMPANO BEACH, Fla., May 5, 2011 /PRNewswire/ -- Onstream Media Corporation (NASDAQ: ONSM), a leading online service provider of live and on-demand corporate web communications, virtual event technology and social media marketing, today announced that WebiMax, a leading provider of Internet marketing solutions and search engine optimization, has signed a MarketPlace365® Master Agent Agreement. WebiMax is currently the world's leading provider of Search Engine Optimization (SEO) services, according to the TopSEOs website, which identifies itself as an independent authority on search vendors.  

Since its creation, WebiMax has sought to provide their blue chip client base with solutions to increase online viability, lead generation and conversions.  MarketPlace365 will now become an integral part of WebiMax's highly acclaimed Internet marketing solutions.

"MarketPlace365 is a perfect complement to our existing business," said Mr. Wisnefski. "We are excited to be working with the premier provider of this innovative leading virtual tradeshow technology and believe our clients will embrace the MarketPlace365 solution as an extension to their overall marketing strategy. In addition, we look forward to establishing relationships with many of the MarketPlace365 promoters with an overall aim of improving their social media marketing and lead generation results."

The strategic relationship is poised to take MarketPlace365 to the next level.  WebiMax's consistent ability to provide highly valued Internet visibility for their clients, combined with the qualified lead generation and social media marketing capabilities of MarketPlace365, has forged a powerful partnership. As a key aspect of the understanding, WebiMax is expected to assist Onstream Media with their MarketPlace365 SEO implementation strategy, with a goal of ensuring that Onstream's MarketPlace365 is fully optimized for maximum exposure.  Furthermore, Webimax Founder and CEO Ken Wisnefski is considered one of the world's leading authorities on Video Search Engine Optimization (VSEO). The multimedia nature of MarketPlace365 is a perfect fit with Mr. Wisnefski's VSEO expertise.

Randy Selman, President and CEO of Onstream Media, stated, "We are excited to work with WebiMax, ranked by TopSEOs as the number one provider of search engine optimization services in the world.  The impact on the highly focused vertical search capabilities of MarketPlace365 as well as the SEO benefits to our promoter base will undoubtedly have a profound effect on our positioning as a leading provider of virtual trade show and event technology."

WebiMax will also be featured in the MarketPlace365 resource hub and is expected to provide preferred pricing to Onstream Media's MarketPlace365 client base.  Increased visibility through the use of WebiMax's suite of Internet marketing services is anticipated to leverage the exponential nature of MarketPlace365's social media elements and create new potential revenue opportunities for show organizers and venders alike.

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