Scottsdale, Arizona 8/13/2009 11:48:19 PM
News / Finance

Accelerize New Media Inc. (ACLZ.OB) Posts Record Revenues, Partially Attributed to Two New Web Sites

QualityStocks would like to highlight Accelerize New Media Inc. (OTCBB: ACLZ). The company is a multi-faceted Internet company providing performance-based solutions for its customers. Accelerize owns a unique blend of approximately 6,000 web properties, provides real-time SEC filing and financial data services and operates a proprietary performance-based lead generation platform.

 

In the company’s news yesterday,

 

Accelerize New Media Inc. announced its financial results for the quarter ended June 30, 2009, posting record revenues and a narrowed net loss. Accelerize reported a 44 percent increase in quarterly revenues at $1,227,935, up $374,960 from $852,975 for the same period last year. The company reported net loss at $374,020, down 61 percent, or $583,065, from $957,085 the same quarter of 2008.

 

The company said it leveraged its performance-based platform and expansion efforts to generate a strong quarter.

 

“Our company continues to grow and drive new business by utilizing our proprietary performance-based marketing platform, while reducing operating expenses and improving margins,” CEO Brian Ross stated in the press release. “In addition, we are exploring many strategic partnerships and software servicing opportunities in multiple verticals.”

 

For the six months ended June 30, 2009, Accelerize posted revenues of $2,260,401, up 39 percent, or $632,521, from the $1,627,880 for the first half of 2008. Net loss for the six months decreased 30 percent, or $566,829, to $1,343,318, down from $1,910,147 posted for the same period last year.

 

Ross attributed the company’s quarterly and half-year results to two new Web properties.

 

“Quarterly sequential performance continues to improve on both top-line and bottom-line results,” Ross stated. “In addition, we have increased our advertiser base, launched two additional Web sites including www.TheOTCInvestor.com and www.ChinesePublicCompanies.com, while continuing to build out our domain assets, expanding our financial network.”

 

About QualityStocks

 

QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 750,000+ subscribers that receive The Daily Stock Newsletters.

 

Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net 

 

Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.