TheDirectory.com Announces Strategic Partnership With City Grid Media for Local Search Content
July 31 2013 - 8:30AM
Marketwired
TheDirectory.com, Inc. (PINKSHEETS: SEEK) an emerging leader in the
Local search space, today announced a strategic partnership with
CityGrid Media, a division of IAC. www.TheDirectory.com and its
network of Local search destinations that include
www.Chiropractor.net, www.Therapists.net,
www.PodiatristProfiles.com, www.Dietitians.net and some 1,000 other
domains will have access to City Grid's 6 Million plus enhanced
Local business records and in time 1.5 Million Local advertisers.
TheDirectory.com founder and CEO Scott Gallagher commented, "As
evidenced by the number of important partnerships we've announced
over the past two weeks, we're heavily involved in the 'partner'
piece of our build, buy or partner growth plan. We've been in
discussions at various times over the past few years with City
Grid/City Search regarding opportunities in the Local space. We're
very excited to begin a mutually beneficial relationship that will
vastly enhance the user experience across our network. Our network
is experiencing record traffic so far this year. Our new platform
has been designed with one thing in mind; connect Local businesses
with Local customers by creating a beautiful user experience. Our
final UI changes will be completed over the coming weeks. At that
time our platform will be vertically branded and rolled out across
the entire network. Partnering with a best in class Local search
pioneer like City Grid to distribute Local content across our
network not only significantly increases our ability to monetize
our traffic, but it enhances the overall user experience throughout
our network by connecting quality Local businesses with targeted
search users."
Gallagher went on to say, "For the most part, we have our key
strategic partnerships in place. We'll now be moving to the 'build'
piece of our growth plan as we seek to monetize these relationships
by leveraging the new products and our new platform. Each one of
these partnerships brings with it a real revenue opportunity for
us. Collectively we now have a best in class offering for both the
users of our sites and the Local business clients we serve. If we
execute our build, buy or partner strategy effectively over the
coming year to 18 months, we can easily see a path to grow our
organization into a $10 Million plus a year profitable enterprise.
We'll release our formal revenue and profit projections after we
become fully reporting this fall."
About TheDirectory.com, Inc.
TheDirectory.com is a diversified Local and Vertical Internet
search company that owns and operates a network of Locally
targeted, category specific, search destinations anchored by its
Local business search engine www.TheDirectory.com, other sites in
the network include:, www.Chiropractor.net, www.Therapists.net,
www.Dietitians.net and many others. For more information see the
Company's financial statements and related filings on
www.OTCMarkets.com.
Forward-Looking Statements
Certain statements contained herein are "forward-looking"
statements (as defined -- Private Securities Litigation Reform Act
of 1995). TheDirectory.com, Inc. cautions that the statements made
in this press release constitute forward-looking statements and no
guarantees of future performance and actual results or developments
may differ materially from projections in forward-looking
statements. Forward-looking statements are based on estimates and
opinions of management at time the statements are made.
Contact: Scott Gallagher 727-417-7807 Email Contact
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