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Zovine is selling their instant messenger product. Zovine, Inc. is seeking buyers who are looking to enter quickly into the internet dating / social networking industry, while saving 4 years on developing such a messenger. The entire source code of Zovine Messenger, including the Zovine Servers and Administration suite of applications, and 80% ownership in Zovine, Inc. is offered for under $10 million.

9,000 users from 130 countries. Includes database of profiles and photos.

Reminds me a lot of Lemontonic, remember them? Leave Microsoft, license core MSN Messenger, leverage custom messenger as core to new dating service. Spend all the money, redirect resources towards enterprise messaging, like the world needs another secure IM chat client. Get de-listed from stock exchange, get sold for next to nothing.

Perhaps the Zovine story will end differently. Zovine is tightly integrated with Paypal, enabling user to securely sell content to other users. You could use PayPal to buy access to a person’s profile or their hott webcam pix. I’m don’t know how large the instant-messenger P2P commerce market is, perhaps this is the beginning of personal commerce. The problem is you need yet another instant messaging product. I have spent a lot of time getting meta-chat programs to work, what do I want with another one thats only good for one things at this point?

Yahoo! Chat is king right now, with MSN close behind in terms of functionality. Then you have AOL and the handful of meta-chat programs like Trilian, Fire, etc. Don’t get me started on proprietary dating site chat programs, most are terrible. Userplane is running away with the community chat installed base, at least when it comes to the dating and social networking markets. Silk Road has a strong moderated chat program as well.

Here’s the Zovine press release:

June, 2005

FOR IMMEDIATE RELEASE

ZOVINE MESSENGER OFFERS INTERNET DATING – THE COMPANY IS LOOKING FOR A BUYER.

Start-up company Zovine, Inc. has launched a brand new Messenger named Zovine Messenger and is actively looking for a buyer.

This advanced messenger has numerous ways of finding people, by education background, job experience, personal appearance, among many others.

So far 9000+ people signed up from 130 countries, and quickly growing database of profiles and photos.

Zovine Messenger can be downloaded from www.zovine.com/download

The foundation technology used for Zovine Messenger can be converted to many different internet applications.

contact: Eran Shay

organization: Zovine, Inc.

phone: (786) 367-8271