The PayMeOn concept is simple: members "share" local deals across their social networks in exchange for cash referral payments. Local deals are the first "products" that Internet users have shared in a "viral" fashion that actually cost money. Prior to the local deals industry becoming popular, Internet users were only comfortable sharing products and services that were free. Accordingly, products and services such as email, instant messaging, facebook, skype and Linkedin have grown dramatically.
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Through its principal offering, PayMeOn (www.paymeon.com), MMAX 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.
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|Corporate Name: ||MMAX Media, Inc. (publicly traded). Ticker symbol: MMAX |
|Headquarters: ||Fort Lauderdale, Florida |
|CEO: ||Edward A. Cespedes |
|PayMeOn: ||PayMeOn is 100% owned by MMAX Media, Inc. |
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Foss Manufacturing Launches Antimicrobially-Protected Baby Blanket on PayMeOn.com
HAMPTON, N.H., Jun 12, 2012 (BUSINESS WIRE) -- Foss Manufacturing, a leading innovator and pioneer in the specialty fibers, non-woven, and needle-punch fabrics industry, announces that the company is introducing its Nature's Clean Choice(TM) Fosshield(R) antimicrobially-protected baby blanket via PayMeOn.com for a limited time price of $19.95.
New clean and soft blanket made from recycled plastic drinking bottles and protected by Fosshield(R) antimicrobial technology
PayMeOn.com, a subsidiary of MMax Media, Inc. (OTCBB: MMAX), features great local deals in cities across the US. Consumers who buy from PayMeOn save money and those members that share PayMeOn deals create "social income" by earning cash every time someone they share a deal with makes a purchase.
Also, according to Ed Cespedes, CEO at PayMeOn, "To add to the fun and excitement of buying and sharing with PayMeOn, the company has created an iphone 'cash register' application that rings to alert members when they've made money."
Available in white, blue, and pink, Foss' Nature's Clean Choice(TM) baby blanket is constructed of Eco-fi(TM) fiber, the high-quality polyester fiber made from BPA-free recycled post-consumer plastic drinking bottles, and protected from odor-causing bacteria and other microbes by the first-of-its-kind, safe, and natural Fosshield(R) antimicrobial technology. Unlike other antimicrobial agents that are applied via topical coatings or include actual metals, the patented antimicrobial technology in Fosshield(R) uses an embedded silver and copper ion fiber system to deliver effective and permanent protection from microbes suitable for use with children's or pet products. The antimicrobial silver and copper ions effectively and continuously stop the growth of microbes, and the Fosshield(R) fiber does not change the bulk characteristics of the baby blanket.
Fosshield(R) is the same antimicrobial technology used in the durable simultaneous FDA and NIOSH cleared SpectraShield(TM) N95 surgical respirator mask. In the required FDA mask testing, Fosshield(R) was 99.99 percent effective against a broad spectrum of potentially harmful microbes -- including Methicillin-resistant Staphylococcus aureus (MRSA).
"We think PayMeOn's exciting new online sales model is an effective and exciting way to introduce our new Nature's Clean Choice(TM) antimicrobially-protected baby blanket to consumers," said A.J. Nassar, CEO, Foss Manufacturing Company. "Fosshield(R) is a first-of-its-kind technology and we are proud to bring its safe and natural microbe-fighting power to a baby blanket."
Ed Cespedes stated, "We are proud to be associated with the Foss Manufacturing Company and are excited to promote this fantastic product on the PayMeOn network."
Stock Market News for Wednesday, May 30, 2012: MMAX, MA, FIS, WU
NEW YORK, NY, May 30, 2012 (MARKETWIRE via COMTEX) -- OFinancialinc.com announces the following stocks to its Stock Market Morning News. OFinancialinc.com, the investor's choice for small-cap alerts, provides stock alerts of the most active small to big cap stocks for early signs of potentially big stock moves. Early timing is critical for catching these potentially explosive stock moves. To receive our FREE "OFC Stock Alert Newsletter" and get more early alerts, please visit our website: OFinancialinc.com.
MMAX - Schedules Online Presentation for May 31, 2012 at 5:00 pm EDT
MMAX Media, Inc. (OTCBB: MMAX) today (5/30/12) announced that it will host an online presentation of its PayMeOn business on Thursday, May 31, 2012 at 5:00 pm EDT. Interested parties may join the meeting at: https://www1.gotomeeting.com/join/668003889. The Meeting ID is: 668-003-889.
MMAX last week said: "MMAX sends you great deals every day. If you like them, buy them. But even if you don't buy them yourself, share them with your friends and GET PAID real money every time they buy! Let's face it, you're sharing these deals anyway... you might as well get paid!"
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.
To view the full press release for MMAX Media, Inc. (OTCBB: MMAX), visit OFinancialinc.com
MMAX Schedules Online Presentation for May 31, 2012 at 5:00 pm EDT
FORT LAUDERDALE, Fla., May 29, 2012 /PRNewswire via COMTEX/ -- MMAX Media, Inc. (OTCBB: MMAX) (OTCQB: MMAX) today announced that it will host an online presentation of its PayMeOn business on Thursday, May 31, 2012 at 5:00 pm EDT.
Interested parties may join the meeting at: https://www1.gotomeeting.com/join/668003889
The Meeting ID is: 668-003-889.
MMAX Media's PayMeOn Announces Launch of its Social Income Calculator(TM)
FORT LAUDERDALE, Fla., May 22, 2012 /PRNewswire via COMTEX/ -- MMAX Media, Inc. (OTCBB: MMAX) (OTCQB: MMAX) today announced that PayMeOn has released its Social Income Calculator(TM).
What's a social network worth?
According to Ed Cespedes, CEO of MMAX and PayMeOn, "Hundreds of millions of people have spent the last several years aggregating large social networks at Facebook(TM), LinkedIn(TM), MySpace(TM) and other online destinations. We believe that the next several years will be largely about "monetizing" those networks. At PayMeOn we believe that consumers and businesses alike can earn a substantial amount of what we call social income(TM) for the vast amount of referrals and recommendations that happen every day within their social networks. Accordingly, we created the Social Income Calculator(TM) to give consumers and businesses an idea of the amount of social income(TM) they might be able to generate."
Mr. Cespedes continued, "Business people routinely identify their "networks" as their most valuable assets. We believe that the substantial "social" networks people have created are also valuable. Beyond the intrinsic value of these networks, they are valuable to researchers and advertisers, and most importantly, they are valuable for their social income(TM) producing potential."
How much cash are your social networks worth? Click here to find out: http://paymeon.com/surveyn.php.
If you are already a member of PayMeOn, simply login, complete the form and find out the cash value of your network.
If you are not yet a member, click the "create new account" tab, create your account (it's free!) and then return to the link.
PayMeOn Announces Partnership with the New American Chamber of Commerce
FORT LAUDERDALE, Fla., April 9, 2012 /PRNewswire via COMTEX/ -- 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 the New American Chamber of Commerce "NACC". As part of the agreement, the NACC will become an anchor customer of and begin co-marketing the PayMeOn Merchant Profit Center to its more than 2,000 members and the thousands of members of its 33 affiliated chambers of commerce.
Founded in 2005 and based in New York, the New American Chamber of Commerce "NACC" (www.mynacc.org) is a not-for-profit organization dedicated to advancing, promoting and facilitating the success of New American Businesses. The NACC pursues its mission by offering entrepreneurs and small business owners, the following:
Implementing and strengthening local and national programs that assist the economic development of New American firms;
Increasing business relationships and partnerships between the corporate sector and New American-owned businesses;
Promoting international trade between New American businesses in the United States and Immigrant Countries;
Monitoring legislation, policies and programs that affect the New American business community;
Providing technical, networking and other assistance to our member entrepreneurs, small business owners, business associations and professionals.
According to Ed Cespedes, CEO of MMAX and PayMeOn, "the New American Chamber of Commerce is a trusted resource for thousands of members. We are thrilled that we will be able to offer the PayMeOn Merchant Profit Center to the NACC membership, as we believe our product falls right into the NACC's mission of providing its direct and affiliated membership with the latest in business tools and technology."
According to Brian Figeroux, Chairman and Founder of the New American Chamber of Commerce, "the Chamber has always been active in promoting business expansion and development through a number of strategic partnerships that benefit our membership. We are really excited about being able to offer PayMeOn's products to our membership. We believe the PayMeOn Merchant Profit Center offers the latest developments in leveraging social media tools to create 'social income'. We think our members will find that they can earn more from their existing customers by implementing PayMeOn's products."
PayMeOn Announces Partnership with Azumano Travel FORT LAUDERDALE, Fla., March 26, 2012 /PRNewswire via COMTEX/ -- 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."