November 2, 2005 Salt Lake City, UT -- Endavo Media and Communications has entered into an agreement with WV Fiber (Nashville, TN) to implement digital content delivery and managed distribution services over WV's nationwide IP network, serving Web-based and local broadband communities.
According to a press release, under the terms of the agreement, WV Fiber will provide Endavo with an indefeasible right to use its nationwide IP network (IRU) for the implementation of Endavo's content delivery platforms. The first new products to be launched in 2005 are currently under beta testing for selected content owners. WV will also provide 24/7 network and facility support for Endavo's systems residing on their network.
Complementing the IRU agreement is a revenue sharing arrangement whereby Endavo agrees to share with WV a portion of the revenues generated from content owners who distribute through the Endavo EcoSystem.
"We have been structuring this strategic partnership with WV for quite some time now, and I am personally excited to see this relationship now get tactical as we begin implementing the systems and network to distribute digital programming for our content clients before the end of this year," comments Paul D. Hamm, CEO of Endavo.
The companies say the agreement will allow them to meet accelerating market demand for broadband-delivered entertainment and informative programming. WV Fiber's network services focus on IP and MPLS communications platforms; the company says its network currently reaches approximately 60% of the U.S. market.
"WV Fiber is one of the premier IP/MPLS networks in the world, and will be an ideal backbone for Endavo's managed content distribution, continues Hamm. "With WV's reach and reliability, we'll be able to distribute directly to just about any community, virtual or physical, that wants access to the future of broadband-delivered entertainment, information, and communications."
"Distributing digital content over the Internet, while maintaining control over the content being delivered, is a key advantage for this joint venture," concludes Peter Marcum, managing director of WV Fiber. "I believe that the Endavo product suite is a compelling...showcase for WV Fiber's network capabilities."