Finity Technologies, Inc.
Proclaimed
WHEREAS, Annual advertising spending in the U.S. is approximately
$280 billion; and
WHEREAS, Broadcast television advertising amounts to approximately
$60 billion: and
WHEREAS, Many advertisers are getting increasingly impatient with
lack of return-on-investment (ROI) figures from broadcast advertising;
and
WHEREAS, Feedback about ad campaign success to advertisers is limited
to small samplings from Nielsen and perceived lift at retail. In both
cases timeliness and relevancy is lacking; and
WHEREAS, Advertising agencies are being squeezed on their compensation
due to ineffective or non quantifiable results from broadcast advertising;
and
WHEREAS, Cable operators and major software companies are building
an interactive environment to replace or coexist with conventional
television; and
WHEREAS, this interactive environment is being driven and enabled
by the federal mandate for digital television (DTV); and
WHEREAS, Consumers are gaining more control of what they watch and
when they watch it because of devices like TiVo and services like
Video On Demand (VOD); and
WHEREAS, Consumer privacy issues and rights are being hotly debated
by federal and state legislators; and
WHEREAS, Wireless providers need to balance subscription revenue
with other forms of revenue like advertising;
THEREFORE Finity Technologies, Inc.
- Will develop applications that enable the delivery of targeted
advertising over interactive mediums.
- Will provide advertising agencies an application to specify the
characteristics or profiles of their targeted audiences for an ad
campaign,
- Will match the profile from the ad agency within a pre-specified
probability of consumer information purchased or obtained from consumer
databases, behavior data provided from the cable, network, wireless
and satellite providers and preference data provided by the consumers.
- Will deliver location specific ads to network, cable, satellite,
local TV and wireless providers for delivery through their ad scheduling
systems.
- Will protect the privacy of consumers
- Will provide a means to quantify the success of ad campaigns.