Newzulu and Ooyala announce new business tie-up

Newszulu has partnered with online video firm Ooyala to collaborate on business opportunities and client refferals.

The release:

Newzulu Limited (ASX: NWZ) is pleased to announce that it has signed an agreement (the “Agreement”) with leading online video technology company Ooyala (www.ooyala.com), under which Newzulu and Ooyala will collaborate on mutual business opportunities and refer clients to each other on a revenue sharing basis.

Ooyala’s main product offering is a platform that enables broadcasters, website operators and media companies to build more engaged audiences and manage, monetise, analyse, and optimise video programming, video streaming and video syndication.  The Ooyala platform is built to be modular and provides real-time analysis capability to over 500 customers worldwide, many of which are existing clients or prospects of Newzulu.