FAB Universal Corp.(FAB), formerly Wizzard Software Corporation operates in two segments: Software and Media Services. The Software segment engages primarily in the development, sale, and service of custom and packaged computer software products. The Media Services provides podcast hosting, content management tools and advertising services. The Company specializes in the distribution of entertainment and audio visual products through its two flagship stores in Beijing, as well as its online stores On October 12, 2012, it opened a 20,000 square foot Flagship superstore in the Beijing shopping district of SoShow. On September 26, 2012, the Company completed the acquisition of Digital Entertainment International Ltd. (DEI). As of September 30,2012, the Company discontinued its Future Healthcare of America (FHA).