WZE

Overview

Highlights

News

Operations

Chart

Management

Contacts

 

   
 
   
"Wizzard announced 2009 third quarter network numbers of 12,281 podcast shows, 900,000 episodes, downloaded 332 million times in the third quarter by over 18 million unique monthly audience members."

 

 
Approximate Financial Snapshot as of 1/13/10
Shares Outstanding 53.5M       
52 Wk Hi/Lo 0.89/

0.28

Market Cap $18.7M
Recent Price $0.35
 

 

 
 
   

 

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Wizzard Media (WZE)

Website: www.WizzardSoftware.com

"Wizzard Media Is The World's Largest Podcast Hosting Network With Approximately 4 Million Podcast Downloads Each Day."


Overview

Wizzard Media (WZE) is the industry's leading podcasting network, the Company announced that it recorded an unprecedented 1.4 billion podcast download requests in 2009. Wizzard Media, through its premier podcast-hosting service Libsyn, received an average of 3.77 million requests for podcast episodes per day in 2009. On average, 23 minutes per episode equates to almost 1.5 million hours of programming distributed worldwide every day. Wizzard provides publishing and distribution services to podcasters as well as monetization services. 

Podcasts are a means for independent and professional content creators to publish audio and video shows for the world to enjoy over the Internet or on mp3 players, such as the Apple iPod, iPhone and the Microsoft Zune. Podcasting is a relatively new phenomenon, but Wizzard Media collectively broadcasts millions of podcast downloads per day through media aggregators like Apple's iTunes and Microsoft's Zune Marketplace. 

WZE also provides software products and services for speech recognition and text-to-speech technology in addition to having a healthcare division. It operates in a total of three segments Software, Healthcare, and Media Services. 

The Software segment engages in the development, sale, and service of custom and packaged computer software products. The Media Services segment provides podcast hosting, content management tools, and advertising services. The Healthcare segment provides home healthcare and healthcare staffing services in Wyoming and Montana.

The audience for the podcasts Wizzard Media Network distributes for its publisher's has grown from 4M in 2006 to over 18M unique audience members monthly, and approximately 50M annually. The audiences for podcasts continues to grow substantially and most third party analysts project continued audience growth for some time to come.

WZE recently added Ford as a sponsor for shows on the Wizzard Media Network ranging from technology to music to reach consumers and tech aficionados.


WZE Investor Highlights

  • Announced that it recorded an unprecedented 1.4 billion podcast download requests in 2009.

  • Wizzard broadcasts approximately 4 million podcast downloads each day, 365 days a year.

  • Announced the launch of 22 new iPhone Apps available for sale in the App store, including an App for the very popular Tiki Bar TV. This brings the total number of Apps on the Wizzard Media Network to 153, with more being uploaded weekly. The price of the new Apps range from $1.99 to $3.99 each.

  • Wizzard Network having now converted approximately 22% of their audience from free, to paid, in the first 150 days since launch.

  • Wizzard released a road map to expand its App offering beyond iTunes to the Google Android and Palm WebOS platforms starting in the first quarter of 2010.

  • WZE recently announced the launch of an advertising initiative with Ford promoting Ford SYNC, the communications system that allows seamless integration of media players and cell phones into a car’s audio system.

  • Analysts project the App market to be a $1.0 billion market today, headed for $4.0 billion by 2012. With the new Apple Tablet expected soon and the recent launch of the iPhone in China, Wizzard’s management believes the number of people using iPhones and iPod Touch type devices to consume podcasts and interact with Apps will continue to grow well beyond the current 50 million user-base.

  • WZE ran millions of advertisements across their network.during the holiday season promoting automobiles, satellite television, professional sports teams, DVD rentals, audio books, mortgage lenders and online trading companies, in addition to highly targeted marketing of its newly acquired iPhone Apps.

  • Announced that QDT network, featuring anchor show Grammar Girl and other popular actionable advice podcasts, has launched its first iPhone App. QDT is using Wizzard Media’s proprietary, integrated publishing solution to produce iPhone Apps for the QDT network of podcast shows.

  • The Grammar Girl Podcast is produced and hosted by Mignon Fogarty. In addition to be being a New York Times best-selling author, Mignon Fogarty has also been a guest on the Oprah Winfrey Show and has won numerous awards for her podcast series. The Grammar Girl Podcast is one of the most popular podcasts of all time and for over three years has consistently been a top 100 podcast in iTunes, currently ranked 1st in Education and #56 of all podcasts in iTunes.

  • The MicrobeWorld app was created in partnership with Wizzard Media the world’s largest podcasting network and has been written about by BusinessWeek.


Recent News and Press Releases

Wizzard Media Launches First of Its Kind Reoccurring Revenue Model for Podcast Publishers Through In App Purchasing for iPhone Apps

CommPower Chooses AT&T Natural Voices Text-To-Speech from Wizzard Softwar...

Wizzard Media Announces Record-Breaking 1.4 Billion Podcast Downloads in 2009

Wizzard Media Launches 22 New iPhone Apps

Wizzard Media Announces Over 130 Apps in the App Store

Grammar Girl Launches iPhone App

Wizzard Media Announces Automotive Ad Program for Ford SYNC

Microbes on Your iPhone

For the latest Quote and News on WZE Click Here.


Operations

Wizzard Speech

WZE offers programmers and businesses state of the art software developer kits and distribution licenses, making it easy for developers to incorporate speech recognition and text-to-speech into their applications. With offerings from IBM, AT&T, and Wizzard branded products, developers will find everything they need to make an application talk and listen.

Wizzard Media

Publishing Tools  - Powering the World's Largest Podcast Network, WZE publishing platforms, Libsyn Indie & Libsyn Pro, power over 17,000 content producers worldwide and host over 600,000 audio and video episodes that enabled a rate of over 3.34 million download requests per day in 2008. WZE offers publisher's a complete end-to-end solution, from the basics of accommodating all popular file formats and RSS creation, to advanced reporting statistics from Neilsen, a customizable flash player, and premier ad insertion technology.

Content Distribution  - Growing the network

WZE distributed over 1.2 billion downloads to over 16 million unique subscribers in 2008. Providing publishers with 26 different distribution points and the relationships required to do so both supports network growth as a whole and content producers' audiences on an individual level.

Monetization Opportunities

Where Content is Consumed WZE creates revenue. With national brand advertising campaigns from brands like Puma and Coca-Cola, revenue sharing agreements with video portals like YouTube & Joost, partnerships with third party ad networks and the podcaster's iphone app, Wizzard is dedicated to maximizing revenue for its producers wherever their content is being consumed.

Wizzard Healthcare

Wizzard Healthcare, Interim Health Care of Wyoming, based in Casper, Wyoming and Billings, Montana, has been serving its community for fifteen years and is part of the fast growing home health segment of the healthcare industry. Wizzard Healthcare is the largest home healthcare agency in its geographic market and is one of the 300 home health agencies that comprise Interim Health Care, the largest home healthcare franchise in the United States.

Wizzard Healthcare is a strong part of WZE's business. As the country's population ages, new methods of capturing patient data becomes a critical component for delivering high quality, affordable healthcare services in a patient's home. For the past several years, WZE has been intent on building a solid business that will offer a complimentary package of new, innovative technology combined with traditional health services.


Three Month Chart


Management

Chris Spencer - Chairman of the Board, CEO, President

Mr. Spencer has served as the CEO and president of Wizzard Software since its founding in 1996. He is responsible for the overall direction of the company and was selected as one of the top 20 most influential individuals in the speech recognition industry by Speech Technology Magazine. His business experience is widely varied, including the founding and CEO roles with ChinaWire, Inc. and Lotto USA, Inc. He also was involved in the founding, acquisition of financing, operation and ultimate sale of John Valiant, Inc. Spencer sits on the Board of Directors of Cennoid Technologies, a software company that develops encryption and compression software for the Internet. He attended West Virginia University.

John Busshaus - Chief Financial Officer

Prior to joining Wizzard, Mr. Busshaus acted as an independent business consultant, guiding organizations through the implementation of Sarbanes Oxley, assisting with the filing of SEC reports and taking companies through an IPO. Mr. Busshaus previously served as the Chief Financial Officer of Talanga International, where he assisted in daily operations of the company, in addition to leading accounting and finance efforts. He also worked for Mellon Financial Institution as Controller and Vice President, where his responsibilities included annual and strategic planning within Global Security Services.

Laurie Sims - President of Wizzard Media

Twenty years of experience in the areas of software and emerging technology. Roles ranging from hands-on implementation to Executive Management experience in operation, marketing and sales support and product development. Career focus has been with dynamic organizations transforming hardware, software, and technology into marketable products and services. Prior to joining Wizzard Media, Laurie worked for the Deparment of Defense, Westinghouse and local start-ups including FORE Systems, BroadStreet Communications and TimeSys Corporation. Laurie received her BS in Electrical Engineering from Bucknell Univeristy and her MS from Tepper, Carnegie Mellon University.

Bruce Phifer - General Manager - Technology & Services Division

Prior to joining Wizzard, Mr. Phifer spent the last 30 years with IBM acting in a variety of management positions in emerging business areas. From 1983 to 1991, Phifer managed Service, Market Research, and Planning while on the headquarters staff that shaped IBM's Personal Computer strategies. From 1994 to 2003, he held business development and OEM sales positions in the speech recognition and pervasive computing business areas. He has been the recipient of many IBM formal awards for excellence and sales performance. Phifer attended Drexel Institute of technology in Philadelphia and is a graduate of Electronics Training Center in New Jersey.


SEC Filings

WZE filings with the SEC can be found here.


Contacts

Wizzard Software Corporation

5001 Baum Boulevard
Suite 770
Pittsburgh, PA 15213
Phone: 412-621-0902
Fax: 412-621-2625


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