FORT LAUDERDALE, Fla.,
March 26, 2012 /PRNewswire/ -- MMAX
Media, Inc. (otcbb:MMAX.ob) (otcqb:MMAX.OB - News) today announced
a partnership between HLM PayMeOn (a wholly-owned subsidiary of
MMAX, "PayMeOn") and Azumano Travel. As part of the
agreement, Azumano will become a "premier" customer of the PayMeOn
Merchant Profit Center platform. Azumano will also co-market
the PayMeOn Merchant Profit Center to its customers and merchants
in Oregon and Washington and become the exclusive provider
of travel-related deals on the PayMeOn platform to its markets.
Founded in 1949, Azumano Travel is a full-service travel agency
dedicated to providing corporate, leisure and meeting management
services. Azumano is headquartered in Portland, Oregon, and has multiple locations
throughout the Portland
metropolitan area and the Willamette Valley of Oregon. It also has an office in Vancouver, Washington, and in Anchorage, Alaska.
On the retail side, the Azumano staff numbers 140 (combined
companies' employee count is 180). Azumano is consistently ranked
among the nation's top 50 travel management companies because of
its size and volume of business, (Azumano generated $181 million for 2008; $210 million combined companies), but has the
feel of a small company that places a premium on high-touch
customer service delivered by an exceptionally qualified staff
which exceeds industry averages for years of experience and agency
tenure.
According to Ed Cespedes, CEO of
MMAX and PayMeOn, "Azumano is exactly the type of partner we need
to help us address the growing interest in travel-related business
our industry is experiencing. Azumano's experience and
relationship with over 2,500 travel agencies gives our business an
excellent foothold in both the travel market and the western part
of the United States. We hope that this partnership can help
accelerate our growth in Azumano's markets."
According to Sho Dozono, CEO of
Azumano Travel, "Our new relationship with PayMeOn will move us
into the forefront of this emerging travel space. Within
the Oregon marketplace, Azumano
has the clout to leverage regional travel and hospitality specials,
and put them in front of existing customers and other subscribers
of PayMeOn on a weekly basis. Recognizing that social
media is a rapidly growing distribution means for travel, our
evaluation found the 'PayMeOn' model as solid, and the most
advantageous to the consumer. We look forward to quickly
leading the way in this new direction of social media combined with
travel."
About PayMeOn
HLM PayMeOn is the principal subsidiary of MMAX Media, Inc., and
is pioneering the monetization of social networks. PayMeOn
has trademarked the term "social income" and believes that the
sharing of local deals is the beginning of a greater trend towards
people earning cash from their vast connections to friends and
colleagues across their various social networks. PayMeOn is
led by Ed Cespedes, CEO. Mr.
Cespedes is also the President of theglobe.com (otcbb: tglo)
and the Vice Chairman of Tralliance Registry Management Company,
LLC (the registry manager for the ".travel" top level
domain). Learn more about the PayMeOn Merchant Profit Center
at: www.paymeonmerchants.com. Learn more about the
consumer side of PayMeOn at: www.paymeondeals.com or
www.paymeon.com.
Forward-Looking Statements
The statements in this press release that relate to the
Company's future expectations are "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995. These statements are subject to risks and uncertainties.
Words such as "expects," "intends," "plans," "may," "could,"
"should," "anticipates," "likely," "believes" and words of similar
import also identify forward-looking statements. Forward-looking
statements are based on current facts and analyses and other
information that are based on forecasts of future results,
estimates of amounts not yet determined and assumptions of
management. Readers are urged not to place undue reliance on the
forward-looking statements, which speak only as of the date of this
release since they involve known and unknown risks, uncertainties
and other factors which are, in some cases, beyond our control and
which could, and likely will, materially affect actual results,
levels of activity, performance or achievements. We assume no
obligation to publicly update or revise any forward-looking
statements in order to reflect any event or circumstance that may
arise after the date of this release, even if new information
becomes available in the future. Additional information on risks
and other factors that may affect the business and financial
results of MMAX Media, Inc. can be found in the filings of MMAX
Media, Inc. with the U.S. Securities and Exchange Commission.
Contact:
MMAX Media, Inc.
Investor Relations:
1-800-991-4534 ext 101
SOURCE MMAX Media, Inc.