BeaconEquity.com announces the publication of an article covering Betawave’s fiscal 2008 results as the company grows to 25 million unique users.
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m
In the article the author writes:
“Betawave Corp. (OTCBB: BWAV), the first 'attention based' digital media company, with 25 million unique users, recently reported its fiscal 2009 results ended December 31, 2008. … Betawave reported revenue of $7,701,599 for the fiscal year ended December 31, 2008, a jump of more than 270% from last fiscal year revenue of $2,081,182. Despite the severe decline in the fourth quarter economy, revenue was up 7% from the same quarter for fiscal 2007.”
Betawave grows to 25 million users by the end of 2008:
“At the end of calendar 2008, the company network has grown to 25 million unique users. ‘According to comScore ratings for February 2009, Betawave ranked No. 2 in the Kids Entertainment category, behind Viacom/Nickelodeon,’ the company stated in a press release. ‘Betawave also performed exceptionally well against women and moms as compared to the top competitors in the Lifestyles category, rivaling the Glam Network and NBC's iVillage.com for domestic reach. On time spent per visit, Betawave beat out the top 5 entities in the category, which included Yahoo!'s Shine and AOL Lifestyle and Living, by more than 70% for moms and 40% plus for women age 25 to 54.’”
To read the entire article visit http://www.beaconequity.com/m
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Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
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