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Beyond Commerce, Inc. (OTC.BB:BYOC), www.beyondcommerce.com, an E-commerce solutions, local advertising and niche social networking company, reported its revenue for the 2nd quarter ended June 30, 2009. Due to the strong growth of its advertising and E-commerce divisions, Beyond Commerce is pleased to report $5.3 million in revenues for the 2nd quarter 2009, up 8,826% from the 2nd quarter 2008. LocalAdLink.com business directory is ranked in the top 2,833 sites in the US according to Alexa.com, and the top 7,040 sites worldwide according to Quantcast.com. Beyond Commerce expects strong revenue growth throughout the balance of the fiscal year as it continues to grow its LocalAdLink ad sales through the 3rd and 4th quarters. Beyond Commerce is ramping up its E-commerce division, i-SUPPLY, by adding new product categories and adding thousands of storefronts. With the holiday season approaching, we expect record revenues over the next two quarters from our i-SUPPLY division.
"Beyond Commerce delivered strong financial results, leveraging the challenging macro environment to provide affordable advertising and E-commerce services to small businesses nationwide," commented Robert McNulty, Chairman and Chief Executive Officer of Beyond Commerce. "We achieved $5.3 million in the 2nd quarter, reflecting growth in our advertising and E-commerce divisions. We project 3rd and 4th quarter revenues to exceed $27 million as we are coming into our strongest selling season. We are also providing jobs and opportunities for thousands of talented sales professionals struggling in the current economic conditions."
The increase was primarily attributable to growth of the Company's local advertising division, LocalAdLink. During the past quarter, LocalAdLink introduced its new 2.0 back office technology along with a complete user friendly redesign of LocalAdLink.com. The Company also began rolling out its E-commerce storefronts through the advertising division's sales network. Currently, i-SUPPLY has been implemented into approximately 4,500 Web sites. Over the next two quarters we anticipate rolling out into an additional 20,000 Web sites.
Beyond Commerce, Inc. provides best in class products, services, and solutions by being the low cost provider in its market sector. i-SUPPLY, www.i-SUPPLY.com, offers easy to use, fully customizable E-commerce services, and revenue solutions for any Web site, large or small, and hosts local ads, providing extensive reach for our proprietary advertising partner network platform. LocalAdLink, www.LocalAdLink.com, is a local business search directory and advertising network that brings local advertising to geo-targeted consumers. BOOMj, www.BOOMj.com, is the leading niche portal and social networking site for Baby Boomers and Generation Jones.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting Beyond Commerce, Inc. operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission.
Beyond Commerce Recaps Highlights From the Celebratory Weekend in Honor of the Launch of LocalAdLink Beyond Commerce, Inc. (OTCBB: BYOC), an E-commerce solutions, local advertising and niche social networking company, celebrated the official launch of LocalAdLink this past weekend. The success of this event was in no small part due to the contributions of our Brand Builders, Account Executives, Staff Members, Advisors and Friends who were in attendance. Friday evening, we rang in the new chapter for LocalAdLink with a variety of great entertainers, including members of the LocalAdLink Staff. Saturday, renowned speakers Charles Payne and Loral Langemeier inspired us with words of wisdom. We provided our leaders with inspiration, motivation, information and training on the new, easy to use marketing and back office software applications. These software enhancements include easy to use Ad-Management software, additional advertising options for customers and expanded search capabilities for users. We honored some of our top advertising sales representatives with achievement awards. We recognize that the talented individuals who make up our Company are truly our greatest assets. These awards are just a small token of our gratitude for the contributions of all of our representatives in the field. Footage from the event will be available on our YouTube Channel later this week. LocalAdLink is a provider of services that enable local businesses to reach local customers with targeted Internet advertising. The customer facing Web site, LocalAdLink.com, is a local search directory and acts as the central hub for the LocalAdLink technology. When a customer visits LocalAdLink.com, proprietary geo-targeting software identifies the customer's location and displays relevant local business listings. In addition, LocalAdLink has created an Advertising Network that publishes local business listings on its owned and operated sites, as well as partner sites.
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GEOADS was, and is a campaign that was created to promote LocalAdLink.
It’s Exciting to watch the daily growth of LocalAdLink and see how their new ideologies allow the local small business person finally reap the benefits of advertising as do the much larger companies.
LocalAdlink is a local search and advertising company. Thousands of national and local advertisers will use our advertising products and services to efficiently reach consumers online. LocalAdlink's proprietary advertising platform and network of high volume websites allow advertisers to increase revenues and brand identity. Traditional print advertising is becoming less effective each year. Already 54% of people have traded in their old Yellow Pages and solely search online and this number is growing daily. LocalAdLink uses Geo-Targeting Technology which determines the physical location of a website visitor and delivers different content to that visitor based on his or her location.
The revolutionary part of LocalAdLink is that we take your business listing and push it out onto the web. What does that mean for you? Well, we're not just sitting back and waiting for people to visit your site. Your listing can be seen on some of the most popular websites, search engines, and social networks in America.
Benefit from Local Internet Leads like the Big Companies without the BIG PRICE$$
IT'S ALL ABOUT YOU !
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