HENDERSON, Nev., May 17 /PRNewswire-FirstCall/ -- Beyond Commerce,
Inc. (www.beyondcommerce.com) (OTC Bulletin Board: BYOC) announced
today that it has completed its acquisition of the online media and
marketing company, AdJuice, Inc. (www.adjuice.com).
AdJuice, Inc. is a leading online Advertising Network and Lead
Generation company with over 22 million registered users, 700
affiliates and 350 retail clients in six major industries.
They currently offer sales leads for debt companies, auto
warranty companies, auto dealers, banks and insurance
companies.
The unique AdJuice platform provides a premium service that
consistently commands some of the highest rates for leads sold in
their respective industries. Its process of generating online
consumer requests for services, and then qualifying them using its
proprietary technology and dedicated call center, is supported by
more than $7 million invested in
developing the Company's proprietary technology.
"Joining Beyond Commerce is a very positive step in our
company's growth plan," states AdJuice CEO and Founder,
Matt Hill. "The combination of
extensive resources, broad industry expertise and a combined
veteran management team will allow us to establish a powerful hub
for future acquisitions."
"On the heels of this transaction, we look to continue to add
other synergistic and profitable technology businesses to our
rapidly expanding portfolio of successful media and
advertising-oriented web properties," adds Beyond Commerce CEO,
Robert McNulty.
"We believe there are numerous market segments in the ad
networking, online advertising and local advertising space
industries which are extremely fragmented," McNulty notes.
"There is a tremendous amount of potential for unlimited
growth opportunities for companies with a successful roll-up
strategy. This highly successful strategy is currently being
employed by Internet Brands. We at Beyond Commerce believe that we
can grow our business at very rapid pace and make 3 to 4
acquisitions per year and achieve our revenues and earnings goals
for our shareholders."
According to the Yankee Group, the U.S. online advertising
market will reach $50.3 billion in
revenue by 2011, more than doubling 2007 levels. This 24
percent annual growth trend is expected to continue as brands
increase their online ad spending and publishers improve ad
targeting, inventory and yield management.
The internet accounts for approximately 20 percent of overall
media consumption in the U.S., but currently advertisers invest
only 7.5 percent of their budget online. As a result, there
is great potential for marketplace growth as advertisers bridge the
gap. By 2011, nearly 25 percent of all media consumption will
be online, drawing 15 percent of the advertising dollars.
About Beyond Commerce, Inc.
Beyond Commerce, Inc. is a multi-faceted business serving as an
e-commerce solution for high traffic web properties. We are a
new media company in the Ad Networking, Online Advertising, Lead
Generation and Local Advertising marketplace. For more information
visit www.beyondcommerce.com.
About AdJuice, Inc.
AdJuice is an action-advertising network that combines both
original and exclusively sourced campaigns, premier payouts and
unrivaled accountability. The company is managed by a veteran
executive team with over 12-years of experience in Lead Generation,
E-Commerce and Affiliate Marketing. The AdJuice network distributes
leads to over 350 retail clients along seven major verticals,
offering top payouts across the board. The Company owns and manages
over 120 Websites, fully optimized for brand recognition and
conversion performance, and supported by over $7 million in invested technology. The
AdJuice mission is to strive for continued innovation within the
Performance Marketing and Lead Generation industries, while
consistently delivering quantifiable results to both its upstream
and downstream partners. For more information visit
www.adjuice.com.
Safe Harbor Statement
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.
Contact:
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Beyond Commerce,
Inc.
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Miranda
Freerksen
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Beyond Commerce
Completes Acquisition of AdJuice, Inc.
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702.463.7000
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Email:
miranda@beyondcommerce.com
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SOURCE Beyond Commerce, Inc