110 Media Group, Inc. Announces Launch of Site to Monetize the High Volume of Web1000 Traffic
February 01 2005 - 9:00AM
PR Newswire (US)
110 Media Group, Inc. Announces Launch of Site to Monetize the High
Volume of Web1000 Traffic MELVILLE, N.Y., Feb. 1
/PRNewswire-FirstCall/ -- 110 Media Group, Inc. (OTC:OTEN)
(BULLETIN BOARD: OTEN) today announced the beta launch of
http://www.web1000traffic.com/, a site dedicated to reselling the
vast amount of unused advertising space, which we obtained through
the recent acquisition of web1000.com, a leading free web hosting
company. According to an independent source, Alexa.com, web1000
hosted sites, have a three month average reach of over 883,000,000
internet users, creating a plethora of marketable advertising space
that the company has already begun to capitalize upon.
Web1000traffic.com formalizes the marketing model for reselling
advertising space across the web1000 platform utilizing a proven
business model such as companies like doubleclick.com and
freeservers.com, a United Online Company. "We have been inundated
with requests to purchase traffic since we took over web1000.com,
web1000traffic.com will help to create a structured sales effort
for us to effectively market the underutilized and undersold
inventory," said Mike Barton, who leads the company's sales effort
under the Mobbucks(TM) handle "Mike Vega." About 110 Media Group,
Inc. 110 Media Group, Inc. specializes in the distribution of
electronic based media focusing on the adult entertainment
industry. The company's content is currently available to U.S.
households through Web sites, DVDs and Video-on-Demand (VOD)
services. The company has distribution agreements with the
country's top adult industry VOD and DVD distributors. In addition,
we distribute content directly to consumers via a series of
high-end subscription based web sites. For additional information,
please visit the Company's website at
http://www.110mediagroup.com/. This press release includes certain
"forward-looking statements" within the meaning of the United
States Private Securities Litigation Reform Act of 1995. These
statements are based on 110 Media Group, Inc. management's current
expectations and are subject to risks and uncertainties and changes
in circumstances. All forward-looking statements included in this
press release are based upon information available to 110 Media
Group, Inc. as of the date of the press release, and it assumes no
obligation to update or alter its forward looking statements
whether as a result of new information, future events or otherwise.
These forward-looking statements may relate to, among other things,
plans and timing for the introduction or enhancement of our
services and products, statements about future market conditions,
supply and demand conditions, and other expectations, intentions
and plans contained in this press release that are not historical
fact. Further information on risks or other factors that could
affect 110 Media Group, Inc. business and results of operations is
detailed in its filings with the United States Securities and
Exchange Commission available at: http://www.sec.gov/. Investor
Relations Contacts: Company Contacts: Mirador Consulting, Inc. 110
Media Group, Inc. David Cohen Tim Schmidt 877-Mirador or
877-647-2367 631-385-0007 http://www.miradorconsulting.com/
http://www.110mediagroup.com/ DATASOURCE: 110 Media Group, Inc.
CONTACT: David Cohen, Mirador Consulting, Inc., 1-877-647-2367 for
110 Media Group, Inc.; Tim Schmidt, +1-631-385-0007, for 110 Media
Group, Inc. Web site: http://www.110mediagroup.com/
http://www.web1000traffic.com/
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