Sticky Web Inc. (OTC: SIKY)
Sticky Web’s Data Management Acquisition Key Component of Strategy
Immediate EPS with Completion of EResource Acquisition
BOCA RATON, Fla.–June 15, 2006–Sticky Web, Inc., (SIKY: PINKSHEETS) an intellectual property company with key Internet, software and business method patents in e-mail, Web creation and e-commerce, commented today on the potential acquisition of an INDIA based e-mail and data management company and potential earnings per share.
EResources, Inc. based in Ahmedabad, India owns and manages over 195,000,000 global OPT-IN e-mail addresses. According to the EResource management they expect to generate over $1M Euro, the equivalent of $1.29M US, during fiscal 2006 from their current business operations. The terms of the acquisition include shares of SIKY stock based on the minimum revenue and earnings being achieved by EResources.
It is anticipated that the EResources year-end financial goals will add approximately $.01 per share to SIKY on a fully diluted basis.
“The real value that EResources brings to the table is their ability to create and segment global OPT-IN lists,” stated Thomas L. DiStefano III, CEO of Sticky Web, Inc. “If we can generate only $.05 cents per address using the ASP, in-house campaign management and specific list creation and rental, the OPT-IN database has a market potential of $9.75 million annually,” he continued.
Sticky Web plans include offering a platform that combines EResources 195,000,000 global OPT-IN e-mail addresses and data base management technology with its ASP technology.
“This relationship is a real catalyst to our providing a premium e-mail marketing and management service and driving revenue,” stated Thomas L. DiStefano III, CEO of Sticky Web, Inc. “We believe that the ASP and completed system coupled with EResource’s data management abilities will take the lead in a new direction in the OPT-IN industry that certifies and guarantees e-mail delivery,” he continued.
SIKY is concentrating its business strategy on partnering and licensing its first two issued patents. US Patent 6,631,400 covers certain bulk e-mail systems and US Patent 6,771,291 covers certain Web creation and collaboration systems. The estimated market size of the market covered by these two patents is over $10B as represented by Forrester Research and Jupiter Media Metrix.
About Sticky Web, Inc.
Sticky Web, Inc.’s, corporate purpose is to manage, market, and license a portfolio of six patents and patents pending and five registered marks that provide elements of electronic document publishing, e-mail management and distribution, e-commerce and marketing tools, access management to electronic documents and electronic document collaboration. These proprietary technologies are protected by a portfolio of US patents and pending patent applications. For more corporate information visit www.stickywebinc.com.
About EResources, Inc.
EResources Inc. owns and manages over 195,000,000 global OPT-IN e-mail addresses and provides businesses with marketing lists, sales leads and opt-in e-mail distribution to virtually any market segment or specifically chosen group of people, according to the markers needs. The e-mail addresses can be targeted to Interest, Hobby, Gender, Age, Occupation, Industry, State, City, or Country using cutting edge technology. For more corporate information visit www.buyoptins.com.
Forward-Looking Statements
This release may contain statements that are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current estimates and projections about Sticky Web, Inc.’s business, which are derived in part on assumptions of its management, and are not guarantees of future performance, as such performance is difficult to predict. Actual outcomes and results may differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Such factors include, but are not limited to, the Company’s ability to execute effectively its business plan, the success of its patent licensing strategy, acquisition strategy, changes in the market for OPT-IN e-mail marketing solutions, changes in patent enforcement brought on by legislation, changes in market activity, the development of new products and services, the enhancement of existing products and services, competitive pressures (including price competition), system failures, economic and political conditions, changes in consumer behavior and the introduction of competing products having technological and/or other advantages and that there are no assurances that the USPTO will issue any of the patents pending. These and other risks should be read in conjunction herewith for a further discussion of important factors that could cause actual results to differ materially from those in the forward-looking statements. The Company assumes no obligation to update information concerning its expectations.
Contact:
Sticky Web, Inc.
Thomas L. DiStefano III, 561-955-9295
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