MODAVOX EXECUTES PURCHASE AGREEMENT TO ACQUIRE AUGME MOBILE(TM)

PHOENIX, - Modavox, Inc. (OTCBB: MDVX), Internet broadcasting pioneer and holder
of several patented technologies, announced today that the Company has executed
a purchase agreement to acquire a majority share of Augme Mobile(TM)
(www.augmemobile.com), a leader in mobile marketing solutions and services.
Augme Mobile will continue to operate its first-of-a-kind interactive mobile
marketing platform for top global consumer brands.

Augme Mobile, based in New York City, offers the first and only comprehensive
Web-based marketing platform that provides marketers, brands and advertising
agencies the ability to create, deliver, manage and track interactive marketing
campaigns targeting mobile consumers through traditional print advertising
channels.

Augme Mobile's fully integrated mobile marketing platform fulfills the
advertiser's need to offer interactive multimedia mobile content, while
simultaneously satisfying the consumer's desire for easier and more robust
mobile connectedness. Despite the mass adoption of sophisticated mobile devices
and the hype around mobile commerce, marketers have struggled to find an
effective way to navigate the maze of wireless carriers, mobile phones,
operating systems and disparate technical components required to launch
successful mobile marketing campaigns. Augme Mobile solves this "mobile
marketing puzzle" through an integrated solution that delivers interactive
marketing content through traditional media channels to the mobile consumer
on-demand.

Augme Mobile has developed many strong relationships with top national consumer
brands and leading advertising agencies. Most recently, Augme Mobile established
an exclusive agreement with Graphic Packaging International, Inc. (NYSE: GPK -
News), one of the world's largest and most innovative packaging companies
servicing dozens of Fortune 500 consumer package goods clients. Augme Mobile's
brand and channel relationships will enhance the ability of Modavox to promote,
distribute and create mobile destinations with existing targeting capability.

Anthony Lacovone, Augme Mobile's Chief Strategy Officer, stated, "Our
comprehensive portal resonates very strongly with top brands and ad agencies,
because it serves as a practical and scalable tool that augments existing
advertising media with mobile interactivity. Our clients can instantly enhance
and extend communication, persuasiveness and effectiveness of current
advertising campaigns to the mobile consumer. Now being a part of Modavox will
allow us to more aggressively grow a profitable business, while also offering
the technological and protective benefits of certain patents applied to mobile
consumer behavioral targeted marketing."

David Ide, CEO of Modavox, stated, "Recent research suggests that what is now a
$1 billion market will reach between an estimated $10 to $19 billion market by
2011. Augme's solution to the challenge of mobile marketing is the most robust
and comprehensive we have encountered. We firmly believe it represents a unique
opportunity to further leverage the strength and breadth of our patent
portfolio. Furthermore, Augme's relationships with top consumer brand, agencies
and indirect channel partners have the potential to prove invaluable to many
aspects of the Modavox business strategy. This strategic move on behalf of our
shareholders not only bolsters our own value and better positions us for
potential acquisition, but also strategically positions us as a potential
barrier to entry into this dynamic space."


About Modavox

Modavox, Inc., the customized communications company, is a pioneer in Internet
broadcasting, producing and syndicating online audio and video, offering
innovative, effective, and comprehensive online tools for reaching targeted
niche communities worldwide. Through patented Modavox technology, Modavox
delivers content straight to desktops and Internet-enabled devices. Modavox
provides managed access for live and on-demand Internet radio broadcasting,
e-learning and rich media advertising. For more information, please visit
www.modavox.com.

Forward-Looking Statements

This release contains "forward-looking statements" for purposes of the
Securities and Exchange Commission's "safe harbor" provisions under the Private
Securities Litigation Reform Act of 1995. These forward-looking statements are
subject to various risks and uncertainties that could cause Modavox's actual
results to differ materially from those currently anticipated, including the
risk factors identified in Modavox's most recent 10-K filing and subsequent 10-Q
filings as well as other filings with the Securities and Exchange Commission.

Investors
C&H Capital, Inc.
Jason Assad
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