Medialets

Mobile ad network joins Medialets Enrich™; Gives publishers and advertisers access to Medialets engaging, cross-platform in-app formats

NEW YORK, NY – May 26, 2010: Medialets, the most widely deployed cross-platform rich media ad and analytics provider for mobile apps, today announced a partnership with Mojiva to deliver Medialets’ highly engaging in-app rich media ad formats to Mojiva’s network clients. As a Medialets Enrich™ preferred partner, Mojiva can now leverage Medialets’ mobile rich media for campaigns that run across their ad network or through the mOcean Mobile platform.

“Our partnership with Mojiva brings greater scale to the mobile app ad campaigns we enable,” says Medialets CEO Eric Litman. “Together we’re accelerating the growth of mobile rich media by giving advertisers more buyer power and greater access to the most engaging ad formats in mobile today.”

The recently launched Medialets Enrich™ preferred partner program enables leading mobile ad networks, ad mediators and ad servers to sell and support Medialets’ unique cross-platform rich media units.  Medialets Enrich™ enables advertisers to run a single set of ad creatives without changes across an exceptionally broad range of mobile properties and provides a unified set of reports from which to measure campaign success.

“We’ve seen great demand from our clients for in-app rich media ads that not only generate higher CPMs, but allow advertisers to build stronger connections with consumers and see maximum return for their media spend,” said Mojiva CEO David Gwozdz. “We are pleased to work with Medialets. Their scale and flexibility help make them a leader in delivering rich media solutions for mobile apps.”

mOcean Mobile is the leading independent mobile ad serving and analytics platform, currently managing billions of ads for mobile websites, ad networks and applications including The Rubicon Project, Polar Mobile, The Star Tribune and News Over Wireless.

Medialets enables brands and agencies to create high-impact ads that take advantage of all of the features and hardware capabilities of iPhone, iPad and Android devices while empowering publishers and ad networks to sell more ad inventory at higher CPMs. Medialets’ unique cross-platform solution enables advertisers to run a single set of ad creatives across an exceptionally broad range of mobile properties and consistently measure performance through a unified set of reports.

To learn more about Medialets, visit http://www.Medialets.com.

About Medialets:

Medialets, the most widely-deployed rich media advertising and analytics platform for mobile, enables publishers, developers and advertisers to deliver highly engaging and exceptionally measurable ads into iPhone, iPad and Android applications. Medialets’ one-of-a-kind ‘asynchronous’ ad delivery technology enables delivery of the most compelling, measurable rich media even when the user is offline, while its Universal SDK™ offers the most flexible ad monetization platform for publishers. Clients include The New York Times, The Washington Post, NPR, Variety, and Pandora along with many other leading publishers and brands. Based in New York City, Medialets is a privately held company with marquee investors and a world-class team. Visit www.medialets.com, email connect@medialets.com, and follow Medialets on Twitter @medialets.

About Mojiva:

Mojiva (www.Mojiva.com) is a mobile advertising company that owns and operates the fastest growing mobile advertising network, currently reaching more than 41 million unique users monthly through mobile web and app display advertising. The Mojiva network gives brand marketers and publishers everything they need to efficiently run targeted mobile display advertising campaigns within premium mobile content on any mobile device, including iPhones, iPads and other tablet devices. Founded in May 2008 and based in New York City, Mojiva has grown faster than any other advertising platform, and currently helps advertisers reach their target mobile audiences in 190 countries.

Apple announced their iAd network today, the next step in Quattro Wireless’ evolution since its acquisition by Apple. And what they announced was just fantastic: an ad network that focuses on rich media interactions inside of iPhone apps. Apple is sending a loud message to the advertising community that mobile ads are different from online display – and even online rich media – and that they can be far more valuable to a brand. We couldn’t agree more.

We built the first rich media ads for mobile apps and now work with a large number of the top apps and publishers to help them monetize and sell their own inventory. We provide publishers the tools and the infrastructure they need to be successful selling ads. That’s very different from the iAd network, which like all ad networks sells ad inventory on a publisher’s behalf and takes a meaningful percentage of the revenue.

Not only are we the most widely deployed rich media platform for mobile, we’re also a cross-platform solution, meaning we work on iPhone and Android devices with other platforms to follow soon. That means that advertisers can create one set of interactive ads and run them across all of our publishers and ad network partners regardless of what kind of device they use, with a consistent set of metrics to measure their campaign’s performance. We are also a cross-network solution, and will shortly be announcing a number of ad network partnerships where advertisers will be able to buy Medialets rich media ads in addition to our direct, publisher partners.

Apple’s done more to move the needle in the brand community for mobile advertising than anyone else, and that was before they owned an ad network. Now that they’re promoting rich media units on a grand scale, we’re convinced that the flow of dollars into mobile ads - across all platforms - will only increase. That’s great for Medialets and for all of our partners.

This is an exciting day for mobile advertising.

You probably already know that Medialets’ SDK is distinguished by its ability to enable the industry’s most compelling rich media and deepest ad and app analytics. These capabilities, combined with our unparalleled support in developing high-value rich media creative, attract a broad range of top tier publisher and advertisers to our platform.

And, as demand increases, we’re finding that needs are evolving. Publishers want Medialets’ rich media because it brings the most value to their app inventory, but they’re also looking for a solution that easily integrates into their current and future sales and advertising operations.

That’s why we’re excited to announce the availability of Medialets’ Universal SDK for iPhone and iPad. This Universal SDK is designed to support Medialets unique high-value rich media, while also giving publishers the flexibility and control they need for the most effective inventory sales and ad operations – all from one SDK.

Medialets’ Universal SDK makes it easier for publishers to manage and grow their app advertising revenue in a few ways:

1. By enabling rich media, display advertising and analytics, all from one SDK
2. By easily integrating with ad networks and mediators to supplement inventory sales, all from one SDK
3. By allowing the publisher to benefit from Medialets’ high-value rich media while also using their established first-party ad servers (like DoubleClick’s DFP, AOL’s AdTech or Ringleader), all from one SDK

Medialets’ Universal SDK also gives publishers server-side control of their app advertising. In other words, you can make changes to ad tags without updating your app, saving time and money.

The Universal SDK was featured this morning on TechCrunch.  If you’d like more information about how Medialets’ Universal SDK brings  more value, flexibility and control to your app advertising, send us an email.