| 110 Media Group, Inc. (OTCBB:ONTN)
“It is a remarkable achievement and makes us one of the largest web hosting companies on earth,” said President and CEO Andre Forde. “These websites attract up to 2.5 million visits every day and provide integrated cross-marketing of products and services that no other Internet company has achieved to date.”
The company’s free hosting program and free basic website tools have enabled it to grow so rapidly. This in turn, has attracted advertisers and companies wanting to market products and services to them which generate additional revenue. Additionally, “free registered user” valuations are at an all-time high attracting over $20+ per registrant as seen with the recent MySpace and Flickr acquisitions, said Forde.
“The next five years are going to see a revolution in the World Wide Web. The number of people using the web is going to increase by tens of millions and the amount of business done on the web is going to increase by tens of billions of dollars,” he said.
“What we are doing is empowering anyone, anywhere in the world, to have their own website. Beyond the website, we make them webmasters by providing the marketing tools, ability to accept online payments, and relationship with advertisers. This is a paradigm shift that will change the world of communications, as we know it today,” Forde added.
“We offer state-of-the-art, highly proven proprietary software applications that dynamically generate fully customizable turnkey Website and Intranet packages for consumers, commercial groups, businesses, governments and municipalities. Our products are both more sophisticated than the competition and cheaper. That is why we are adding hundreds of new clients every day,” he said.
Forecasters agree that about 600 million websites will be built in the next two years “and 110 Media is set to capture a significant share of this new business because our products are easier to use, they are more versatile, they cost less than our competitors, they are proprietary and they provide a one stop total turnkey solution,” said Forde.
“110 Media not only offers world-class global hosting and turnkey Internet solutions, it provides an ever growing range of unique products that put us way ahead of the competition,” he said. The company plans on rolling out more than a score of new products in coming months.
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the Corporation, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Gross turnover could be substantially less in the future due to changes in the law, general economic conditions, or unexpected failure of equipment servicing the accounts. In addition, technical complications, which may arise, could prevent the prompt implementation of the plans outlined above. Additional Safe Harbor Act Disclaimer Notice is available on the web site at www.110mediagroup.com .
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Sources:
PrimeZone Media Network
ONTN — 110 Media Group, Inc.
95 Broadhollow Road
Suite 101
Melville, NY 11747
USA
Phone: 631-385-0007 |
