CommercePlanet, Inc. (OTCBB: CPNE)
Two New Web Properties Significantly Expand the Company’s Membership Offering in Health and Financial Service Sectors
GOLETA, Calif.–(BUSINESS WIRE)–Commerce Planet, Inc. (OTCBB:CPNE – News) announced today that its wholly owned subsidiary Consumer Loyalty Group, Inc. (CLG) has launched two new web properties, including iNeedAGoodDiet.com and VirtualMoneyCenter.com. These two web properties place CLG in a strong position to dominate two highly profitable industry verticals, health and fitness and finance by providing pertinent data directly to their consumer users. CLG has leveraged its technology relationship with Commerce Planet wholly owned subsidiary, Interaccurate, Inc. to develop web properties and marketing services designed to intelligently engage consumers with data they actively seek versus a random presentment of non-targeted advertisements. Highly targeted consumer based leads justify a premium in the online media world.
INeedAGoodDiet.com provides consumers with the latest diet and nutritional information that is pivotal to achieving and sustaining a healthier and happier lifestyle. The web site contains comprehensive information on several popular diet plans, including the South Beach Diet, eDiets.com, Atkins and the Zone diet, coupled with special revenue generating offers from CLG.
The Virtual Money Center (www.virtualmoneycenter.com) provides its users with information regarding home mortgages, student loans, auto loans, insurance services and online bill pay services. Simultaneously to offering information, the Virtual Money Center will collect valuable consumer data to be monetized by CLG directly and through partnership agreements.
“The launch of these two web properties is part of our ongoing strategy focused on improving customer satisfaction which in turn will drive revenue and profitability,” said Commerce Planet’s Michael Hill, Chief Executive Officer. “We are a technology driven organization and our goal is to offer programs that can fit the needs of our multi-faceted customer base. We will continue to increase our value proposition by offering the services and discounts to our customers that enable us to maintain our forward growth momentum and to stay competitive in the online market place.”
Commerce Planet’s Consumer Loyalty Group offers a suite of revenue generating consumer loyalty based products. These products encompass home based business opportunities, e-commerce retail sales, educational programs, financial programs and other high yield revenue producing offers. The products are utilized by the Company’s client partners on a per acquisition, revenue share or licensed (private branded) basis. Each offer has specifically been designed to generate a significant revenue stream for our client partners while simultaneously satisfying the consumer’s need for high quality products.
About Commerce Planet, Inc.
Commerce Planet, Inc. is an internet-based media company that offers online media products, lead generation services and direct marketing tools to its client partners. Commerce Planet offers an internet turnkey media solution through its network of wholly owned subsidiaries, which includes Consumer Loyalty Group, Inc., Legacy Media Inc., OS Imaging, Inc. and Interaccurate, Inc. In combination these services are designed to address the needs of client partners, including membership loyalty programs, direct response consumer marketing, affiliate list management, email deployment, live chat software-based services, direct phone sales and customer service, and printing services. To find out more about Commerce Planet, Inc. visit our website at www.commerceplanet.com.
Forward Looking Statements
Except for the historical information contained herein, the matters set forth in this press release, including statements as to management’s intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements include that the Company believes it is quickly becoming a top internet media company and expects to continue to increase its market share in this industry. This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products and services or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
Contact:
Investor Relations:
Integrated Corporate Relations
Andrew Greenebaum/Elin Chistyakov, 310-954-1100
Source: Commerce Planet, Inc.
View the StockGuru Profile for CommercePlanet:
http://www.stockguru.com/profiles/cpne/
We Invite you to Visit the All New StockGuru Blog!
Here you will find updates on all our covered companies, including Profiled Companies and StockGuru Picks.
Click HERE to visit the Blog, or go to:
http://stockguru.com/blog/
StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (469) 252-3030. Web: StockGuru.com. Email: Publisher@stockguru.com. Disclosure: Pentony Enterprises LLC has been compensated $26,000 directly from the company for profile coverage. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.
