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Encoda Systems, Inc. is one of the leading global suppliers of sales, traffic, programming and financial systems for the broadcast industry. Most of the leading television, radio, cable and satellite broadcasting companies in the world now use its systems to manage their operations. Encoda is also a major provider of software solutions for advertising agencies, media buying companies and national media sales rep organizations. Given its unique involvement across all aspects of the media buy-sell process, Encoda has become the leading innovator in the deployment of electronic transactional solutions, such as electronic invoicing, electronic contracting, and agency-rep exchange systems.