Published: October 14, 2011
Matchbin Forms Radiate Media
MALVERN, Pa. - (BUSINESS WIRE) - Matchbin,
a leading provider of content management, advertising and local
marketplace solutions for media companies, has acquired NAVTEQ's Radio
and Television Advertising Group, which as part of NAVTEQ Media
Solutions provides content and advertising solutions for broadcast radio
and television, forming Radiate
Media, a next-generation media technology services
company.
Radiate Media will utilize the combined companies' robust
technology platforms and media reach to create an end-to-end value chain
connecting media partners with their advertisers and ultimately to the
consumer, driving unprecedented commerce opportunities at a local,
regional and national level.
"Technology is changing the way advertisers, large and small, can
promote themselves," said Chris Rothey, former head of NAVTEQ Media
Solutions, who will become Radiate Media's new chief executive officer.
"This enhanced offering will help our media partners revolutionize the
industry in this evolving landscape and build strong relationships with
local businesses."
Radiate Media will continue to provide industry-leading traffic
content solutions, such as CommuteVantage , to the radio and television
space through a continuing business agreement with NAVTEQ. Additionally,
Radiate Media will offer its Editionals content management solution for
media partners, and MatchLocal directory publishing platform for
merchants. The MatchLocal platform also allows media partners to provide
web, mobile and digital couponing capabilities to local businesses in
their area.
"We are pleased to continue to serve the broadcast industry with
our world-class traffic content through our collaboration with Radiate
Media," said Howard Hayes, VP Traffic at NAVTEQ. "The
broadcast partners that will be served by Radiate will see no
interruption in service."
"Merchants are looking to multiple advertising avenues to promote
their business, particularly at the local level," adds Hal Widlansky,
previously CEO of Matchbin and Radiate Media's new President and COO.
"Radiate Media is positioning itself to help media partners become
critical players in the growing local advertising market."
About Matchbin (now Radiate Media)
Since 2002, Matchbin has been driving business to local merchants
via interactive tools and services through media partnerships. Radiate
Media provides industry-leading local content, content management
services, and cloud-based digital publishing and local commerce
solutions. Radiate Media serves over 2,000 radio, TV and print
customers, and has over 230 employees located in Malvern, Pa., Salt Lake
City, Utah, and other offices across the United States.
Radiate Media, Editionals, MatchLocal, CommuteVantage and NAVTEQ
Traffic are trademarks in the U.S. and other countries. All rights
reserved.

Matchbin, Inc.
Craig Cleveland, 801-839-2196
ext. 603
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