Thursday, March 05 2009
Beyond Commerce, Inc. Announces Third Consecutive Month of Record Revenues and is Profitable for the Month of February 2009
HENDERSON, Nev., March 3 /PRNewswire-FirstCall/ -- Beyond Commerce, Inc. (OTC Bulletin Board: BYOC - News) www.beyondcommerce.com, an E-commerce solutions, local advertising and niche social networking company, announced today that www.LocalAdLink.com has again exceeded its growth expectations. Total revenues of $3,326,000 for the month of February represent an increase of 44% compared with the prior month, and about 80% increase since December 2008. Based on current trends, the Company anticipates the first quarter to be profitable.
"We are creating income opportunities for people who need to make a living to support their families, pay mortgages and put food on the table during these difficult times in our financial lives," stated Chairman and CEO Bob McNulty.
LocalAdLink is a low cost provider of local advertising, selling ads to local businesses through its network and skilled independent ad sales representatives. Exploiting the "people-to-people" business model, LocalAdLink uses a local sales force in order to connect local businesses with local consumers with the goal to develop local marketplaces, helping small businesses grow and reach new geo-targeted customers. This business model has proved successful and the Company now has reached the pathway of profitability. Additionally, the Company has assembled a strong management team across all operating divisions and continually develops innovative technologies.
Bob McNulty said, "Our profitability will even get better when we launch i-SUPPLY, along with other pending technology products and powerful solutions for our valued Advertisers. The vision of Beyond Commerce is to go beyond our "hybrid" platform and to become a meaningful partner for any small or mid-size businesses that want to grow and increase their profits."
The i-SUPPLY's E-commerce widget store will enter the market using a beta version 1.0 on thousands of Web sites in late March 2009, offering about 1.8 million brand name products. i-SUPPLY will add an additional revenue stream and be the backbone of the proprietary advertising network the Company is currently developing.
About Beyond Commerce, Inc.
Beyond Commerce, Inc. (OTC Bulletin Board: BYOC - News) www.beyondcommerce.com, provides best in class products, services, and solutions by being the low cost provider in its market sector. i-SUPPLY, www.i-SUPPLY.com, offers easy to use, fully customizable E-commerce services, and revenue solutions for any Web site, large or small, and hosts local ads, providing extensive reach for our proprietary advertising partner network platform. LocalAdLink, www.LocalAdLink.com, is a local search directory and advertising network that brings local advertising to geo-targeted consumers. BOOMj, www.BOOMj.com, is the leading niche portal and social networking site for Baby Boomers and Generation Jones.
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.
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