SALT LAKE CITY, Utah, April 5, 2011 — LeftsnRights, Inc. today announced that it will debut its new liqwid ad unit at ad:tech San Francisco, April 12-13, 2011. Liqwid ads (http://www.liqwid.com/) are the first ad units to monetize today’s unused web real estate, increasing revenue opportunities for publishers, advertisers and agencies while improving the visitor experience.
Liqwid ads dynamically fill the empty space between webpages and the viewer’s browser or screen, ensuring ads are always viewed when rendered without popping up, floating or blocking website content in any way. For the first time, advertisers will pay only for ads viewed for a minimum time.
Unlike today’s online ads, liqwid ads apply the media buying model traditionally used in TV and print advertising to the Internet. The liqwid technology that powers the ad units provides sophisticated delivery, monitoring and reporting capabilities that make it possible for advertisers to specify true reach and frequency by controlling the number of viewers who see each ad and the number of times they see it.
“Who isn’t tired of pop-up ads? Even my favorite sites have succumbed to blocking valuable content in return for cash,” says Eric Kavanagh, CEO and co-founder of The Bloor Group, a new-media analyst firm. “That trade-off drives down traffic and irritates the customer. What Liqwid offers is a viable solution that honors the separation of concerns that viewers want: content in the middle, ads on the outside.”
LeftsnRights co-founders, Jim Rowan and Nikolai Mentchoukov, decided it was time to redefine the interactive advertising experience with the development of liqwid ads in 2010. Rowan has an extensive financial and technology background, while Mentchoukov is one of the leading experts worldwide in rich media content and online advertising technologies. Due to their backgrounds, both founders have an especially in-depth understanding of the challenges facing today’s online publishers and advertisers and have found a way to solve these issues using their proprietary new liqwid technology.
“With liqwid ads, we’re creating a paradigm shift in the online advertising industry. Liqwid ads enable publishers to preserve the integrity of their websites while generating incremental revenue,” says Mentchoukov, LeftsnRights CEO. “And advertisers can gain complete control over their ad spend to accurately calculate and increase ROI of their online investments.”
The liqwid ad unit was recently chosen as a finalist for the Utah Innovation Awards in the category of Enterprise Software and Web-enabled B-2-B Solutions. The Selection Committee, comprised of seventy professionals from Utah’s business, technology and academic communities, made their selections after a month-long evaluation process. Winners will be announced on May 3, 2011.
Liqwid Ad Feature Highlights:
- Minimum size guarantees up to three times larger than banner ads
- Content can include any type of creative or application including games, rich media, video and social media
- Viewer-directed placement enables advertisers to choose number of specific viewers who see each ad and the number of times they see it
- Virtual board technology positions ads outside of web pages, guaranteeing ads are seen whenever rendered without disrupting content
- Minimum Viewing Time tracking ensures visitors view an ad for five seconds (MVT:5) before charges are incurred
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