Odyssey Pictures Co-Ventures with Name Dynamics
DALLAS, May 31, 2012 /PRNewswire/ -- Odyssey Pictures Corporation (OTCQB: OPIX) (Odyssey), a publicly traded media and entertainment company, announces a joint venture with Name Dynamics, Inc. (Grey Market: NDIX).
Name Dynamics, through its key product Universal Business Listing, focuses on next generation identity listings for businesses across social networks, portals, search engines, directories, city guides and 411directory assistance. In this way, Name Dynamics provides an inexpensive method for companies to list their business details one time and have the data distributed uniformly to all major online identity listings. Universal Business Listing has become a recognized force in the local business listings marketplace.
The joint venture will involve Odyssey developing and marketing online video products and services for sale through Name Dynamics' customers, channel partners, and resellers. The initiative will be involve two basic components: 1.) high quality video promotions for Name Dynamics' customer base in the form of enhanced local/mobile listings and 2.) training and instructional videos that help businesses navigate the complex and changing world of local search.
"High quality digital video has become essential for businesses to be successful in local SEO, both for enhancing organic search results and for locking in customers," reflected Name Dynamics' CEO and Co-Founder Doyal Bryant. "Odyssey has the professionalism, the production infrastructure and the understanding of digital platforms to elevate our product offering and take our business to the next level."
"Name Dynamics is a great brand and their business model is a perfect fit for Odyssey's digital content delivery capability," said Odyssey CEO John Foster. "Their customer base provides us with a built-in and receptive audience for our digital video content. Rarely have I seen such a winning formula for success."
About Odyssey Pictures Corporation - Initially an entertainment company focusing on financing and distribution of first run feature films, Dallas-based Odyssey has adapted its business model to become a diversified media/marketing services company. The company's lines of business now encompass producer's representative service, branding & marketing and IPTV digital delivery technologies. Odyssey's producer's representative service provides an extensive suite of sales and marketing services to independent filmmakers seeking to gain traction in the international distribution and rights markets. These services include international sales, contract negotiation, marketing materials, strategic planning and completion financing. For more information, please visit http://odysseypix.com/
About Name Dynamics, Inc. – Based in Charlotte, NC, Name Dynamics, Inc. focuses on the next generation of identity listings for businesses across Social Networks, Engines, Yellow Page Directories, City Guides and 411 Directory Assistance. The company was founded by Doyal Bryant and Chris Travers as a result of their extensive media, search and telecommunications backgrounds. Name Dynamics is the operator of Universal Business Listing (https://www.ubl.org/), an industry initiative aimed at creating an inexpensive method for companies list their business details one time and have the data distributed uniformly to all major online identity listings. For more information, please visit http://www.namedynamic.com/.
Forward-Looking Statements - Certain statements contained herein are forward looking. These forward-looking statements are based on our current expectations and are subject to a number of risks, uncertainties and assumptions. Many factors could cause actual results to differ significantly from these statements, including our history of operating losses, our need for additional financing, a failure of our products to perform as expected, introduction of competing products by other companies, pressure on prices from competitors and/or customers, regulatory obstacles to new product introductions, lack of acceptance of our products, and technology changes. These risks, uncertainties and assumptions are detailed in documents filed by us with the Securities and Exchange Commission. The Company cautions that the foregoing list of important factors is not exclusive. Any forward-looking statements are made as of the date of the document in which they appear. The Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.
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