Corporate Meetings And Events Are Redefined With New Interactive Virtual Meeting Offering

Contact:
Liz Drazen
(636) 827-4434
liz.drazen@maritz.com

CORPORATE MEETINGS AND EVENTS ARE REDEFINED WITH NEW INTERACTIVE VIRTUAL EVENT EXPERIENCE

Maritz and VELOCITY Broadcasting Develop Unique, Comprehensive
Approach to Cost-Effective, Virtual Live Meetings and Events

ST. LOUIS (April 29, 2009) – As companies search for ways to become more fiscally responsible in today’s challenging economy, many are closely reviewing expenses, including those for meetings and events. Maritz understands the importance of meetings and events to help companies meet their business objectives by motivating, educating and rewarding employees and customers, and has been exploring new interactive solutions to help its clients reap the benefits meetings provide in a more cost-effective way. The result is the launch of the first offering of Maritz LIVE (Local Interactive Virtual Events), a first-of-its-kind suite of virtual services designed to deliver the right content and technology to the right audience at the right time.

“The economy and the so-called AIG effect have opened the door for companies to become fiscally transparent and accountable, while still providing the same value to their employees and their customers,” said Chris Gaia, vice president of marketing, Maritz Travel. “Through research and innovation, Maritz has been able to develop an interactive, virtual solution using current technology and resources to create ‘virtual value.’ The value is based on five core principals: cost, carbon, content, collaboration and community.”

Satellite Broadcasting

Maritz and VELOCITY Broadcasting have collaborated to create the first offering in the LIVE suite of services – immersive satellite broadcast events. These events are a unique approach to virtual meetings because they blend Maritz’ expertise in strategic meetings management, content development and participant measurement with VELOCITY Broadcasting’s private High-Definition satellite network. This collaborative approach features complete event management services from planning and creative consultation, to production and post-event evaluation, for best-in-class, turnkey execution.

The experience combines custom-created live television broadcasting with private dining room screening and interactive technology at venues, such as Morton’s The Steakhouse or Maggiano’s Little Italy restaurants, and ClubCorp’s private club locations. The result is an immersive sensory experience that eliminates the hassles and costs of overnight travel, as well as distance barriers. It also provides the opportunity for participants to have nationwide access to thought leaders delivering consistent messaging, all in one evening.

“We’re pleased to collaborate with Maritz to deliver a unique experience that will enhance the way companies approach meetings,” said Philip Elias, president and CEO of VELOCITY Broadcasting. “Maritz’ formidable meetings and incentives experience partnered with VELOCITY’s state-of-the-art broadcasting capabilities enables us to deliver high-value information to a nationwide audience.”

Trending Toward Virtual

Maritz LIVE addresses client needs based on research Maritz conducted through 2008 to identify ways people were managing meetings and events. Respondents indicated that they have reduced the number of meetings and events, or reduced the number of attendees to drive down costs. The research also revealed that many are using electronic communications to replace some of those meetings and events. Approximately, 70 percent used e-mail communications, while 63 percent relied on webinars and 61 percent used virtual meetings.

The Maritz LIVE suite of services includes:

  • Satellite Broadcast Events – live television broadcasting combined with private dining room screening and interactive technology
  • Totally Virtual – events held entirely online in a privately branded virtual world.
  • Web Collaboration – online Web meeting and video conferencing.
  • Telepresence – high-quality, real-time video and voice conferencing.

Maritz LIVE can accommodate an array of needs, including training and learning sessions, trade shows, and corporate and sales meetings. When coupled with incentives, rewards and recognition, virtual meetings can play an important role in meeting business objectives and effectively engaging employees and customers.

About Maritz

St. Louis-based Maritz is a sales and marketing services company, which helps companies achieve their full potential through understanding, enabling and motivating employees, channel partners and customers. Maritz provides market and customer research, communications, learning solutions, incentive initiatives, meetings and event management, rewards and recognition, travel management services and customer loyalty programs.

For more information, visit www.maritz.com or contact us at 1-877- 4 MARITZ.

About VELOCITY Broadcasting

VELOCITY Broadcasting is the largest private, high-definition broadcasting network in North America, and specializes in producing and delivering custom television programming live via satellite to invitation-only audiences at VELOCITY HD Digital Suites located in private clubs and restaurants across the United States and Canada. For more information, visit www.velocitybroadcasting.com.