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  <title>Nabbit</title>
  <updated>2007-11-12T01:33:21-06:00</updated>
  <author>
    <name>John Freund</name>
	<email>jfreund@nabbit.com</email>
  </author>
	<link rel="self" href="http://www.nabbit.com/news/feed.xml" />
  <category term="news" label="News" />
  <contributor>
    <name>Kayla Altepeter</name>
	<uri>http://www.kaylaaltepeter.com</uri>
	<email>kaltepeter@nabbit.com</email>
  </contributor>
  <icon>http://www.nabbit.com/favicon.ico</icon>
  <rights>copyright 2007 Jump Technologies, Inc. All rights reserved.</rights>
  <entry>
    <id>http://www.nabbit.com/news.jsp?article=2007-11-05</id>
	<title>Eagan-based JumpTech Announces Twin Cities Debut of Nabbit, a New Interactive Radio Application that Enables Listeners to Buy What They Hear</title>
	<updated>2007-11-12T01:33:21-06:00</updated>
	<content type="html"><![CDATA[<p><strong>Eagan, MN., November 5, 2007</strong>&mdash;Jump Technologies, Inc. (JumpTech&trade;)  (<a href="http://www.jumptech.com" title="Jump Technologies, Inc.">http://www.jumptech.com</a>) announced today the Twin Cities debut of a free, interactive application for radio listeners called <a href="http://www.nabbit.com" title="Nabbit Home">Nabbit</a>&trade;  that enables them to&mdash;tag or &ldquo;Nabb&trade;&rdquo;&mdash;information about what they hear,  such as songs, concert announcements or advertisements on the radio by  pressing a key on their cell phone. Once Nabbed, listeners log on to  their personal web account at Nabbit.com to manage and act on the  Nabbed information. </p>
  <p>Nabbit  is being debuted in the Minneapolis/St. Paul area with a national  rollout planned for early 2008. Currently, Nabbit has access to any  song or advertisement played on over 3,000 radio stations nationwide  within 20 seconds of its airing.</p>
  <p>Radio  listeners simply program the buttons on their cell phone the same way  they set the preset buttons on their radio. For example, when they hear  a song they want to know more about or even download later, they press  the key on their phone that corresponds to the station they are  listening to and &ldquo;Nabb-it.&rdquo; Then, listeners log on to their personal  page on Nabbit.com to see the song title in their personal account,  where they can download it using services like <a href="http://www.apple.com/itunes/" title="iTunes Music Store">iTunes</a>, <a href="http://www.napster.com/choose/index.html" title="Napster Store">Napster</a>, <a href="http://www.walmart.com/" title="Wal-Mart Home Page">Wal-Mart</a> or <a href="http://www.amazon.com/MP3-Music-Download/b/ref=sa_menu_dmusic2/103-1445411-1187033?%5Fencoding=UTF8&amp;node=163856011&amp;pf_rd_m=ATVPDKIKX0DER&amp;pf_rd_s=left-nav-1&amp;pf_rd_r=0QJ2Y037RAHPG9WYZ0Y2&amp;pf_rd_t=101&amp;pf_rd_p=304476501&amp;pf_rd_i=507846" title="Amazon Music Store">Amazon.com</a>.  Nabbit also gives listeners the option to check for concerts, download  ring tones and view song lyrics. If they Nabb an advertisement, they  click on the item at Nabbit.com to take advantage of promotions or  purchase the product from the advertiser&rsquo;s eCommerce site.</p>
  <p>&ldquo;I  spend a lot of time listening to the radio,&rdquo; says JumpTech Chairman  John Freund. &ldquo;I&rsquo;m constantly hearing things that I want to remember,  only to forget about them five minutes later. Nabbit solves the radio  listener&rsquo;s problem of hearing things on the radio that they want to act  on but forget about when they are ready to take action.&rdquo;</p>
  <h2>Value to Radio Stations</h2>
  <p>Nabbit  can help radio stations attract new listeners looking for music to add  to their collections. It can also generate new advertising revenue  streams by bringing in new advertisers wanting to drive Internet  traffic. The pricing model also brings some advertising dollars back to  the radio station that have been allocated to Internet advertising  since the combination of radio and the Internet will likely prove to be  more effective for the advertiser. Finally, by collecting data from  listeners&rsquo; Nabbing habits, station program directors can develop a more  compelling mix of content for both listeners and advertisers. This  results in more loyal listeners, who will listen longer, and more  advertisers signing contracts.</p>
  <p>Minneapolis&rsquo; <a href="http://www.b96online.com/home.asp" title="Twin Cities B96">B96</a> is the first radio station to embrace Nabbit in the Twin Cities. &ldquo;At  B96, we pride ourselves on providing the best radio listening  experience possible,&rdquo; said Steve Woodbury, president and CEO of  Northern Lights Broadcasting and owner of B96. &ldquo;Nabbit truly makes  radio interactive and provides a great benefit for our listeners who  are looking to extend their radio experience to the web and our  advertisers who are looking for ways to make their advertising dollars  go further.&rdquo;</p>
  <h2>Value to Advertisers</h2>
  <p>Advertisers  benefit from Nabbit because it allows radio listeners to react to their  ads the moment they hear them. Nabbit&rsquo;s personalization feature lets  the advertiser create a unique landing page tailored to the  demographics of the person responding, which creates a personalized  experience that will increase ad effectiveness. &ldquo;We&rsquo;re always searching  for quantifiable ways to measure the results of our ad spends,&rdquo; said  Johnny Reimann, a media planner with <a href="http://www.omnicommediagroup.com/network3.htm">PHD</a>, part of <a href="http://www.omnicommediagroup.com/">Omnicom Media Group (OMG)</a>. &ldquo;Using Nabbit is a tangible way to do this in the radio medium. When it  takes off, advertisers will be able to better measure success; similar  to the way online ads can be tracked. Nabbit could encourage companies  to allocate more of their ad budgets back into radio.&rdquo;</p>
  <h3>About JumpTech</h3>
  <p>Eagan, Minn.-based <a href="http://www.jumptech.com" title="Jump Technologies, Inc.">Jump Technologies, Inc.</a> is a leading innovator of solutions that simplify the online shopping  experience for consumers. JumpTech&rsquo;s flagship product, JumpCart, is a  business-to-business application used by thousands of companies every  day to order goods and services from their favorite suppliers. Nabbit  is the first consumer application built on top of the JumpCart  platform, providing users with the ability to easily purchase the music  and other products they learn about on the radio. For more information,  visit <a href="http://www.nabbit.com" title="Nabbit Home">www.nabbit.com</a>, call 651-287-6000 or email <a href="mailto:info@jumptech.com" title="Contact JumpTech">info@jumptech.com</a>.</p>
  <p class="copynotice">JumpTech, Nabbit and Nabb are registered trademarks of Jump Technologies, Inc. All other trademarks herein are the property of their respective owners.</p>]]></content>
	<summary>Free to listeners, Nabbit solves the problem of having to remember the song or advertisement they heard on the radio for later action</summary>
	<link rel="alternate">http://www.nabbit.com/news.jsp?article=2007-11-05</link>
	<category term="Press Release" label="Press Release" />
	<published>2007-11-12T01:33:21-06:00</published>
  </entry>
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