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110 Media Group Growth Explodes - Company Reaches 500,000 Client Website Milestone
14 May 2006 110 Media Group (OTC Bulletin Board: ONTN), a leading Internet solutions provider, today announced they have signed up their 500,000th hosted client website worldwide.
"It is a remarkable achievement and makes us one of the largest web hosting companies on earth," said President and CEO Andre Forde. "These websites attract up to 2.5 million visits every day and provides integrated cross-marketing of products and services that no other Internet company has achieved to date."
The company's unique free hosting program and free basic website tools have enabled it to grow so rapidly. This, in turn, has attracted advertisers and companies wanting to market products and services to them which generate additional revenue. Additionally, "free registered user" valuations are at an all-time high attracting over $20+ per registrant as seen with the recent MySpace and Flickr acquisitions, said Forde.
"The next five years are going to see a revolution in the World Wide Web. The number of people using the Web is going to increase by tens of millions and the amount of business done on the Web is going to increase by tens of billions of dollars," he said.
"What we are doing is empowering anyone, anywhere in the world, to have their own website. Beyond the website, we make them webmasters by providing the marketing tools, ability to accept online payments, and relationship with advertisers. This is a paradigm shift that will change the world of communications, as we know it today," Forde added.
"We offer state-of-the-art, highly proven proprietary software applications that dynamically generate fully customizable turnkey Website and Intranet packages for consumers, commercial groups, businesses, governments and municipalities. Our products are both more sophisticated than the competition and cheaper. That is why we are adding hundreds of new clients every day," he said.
Forecasters agree that about 600 million websites will be built in the next two years "and 110 Media is set to capture a significant share of this new business because our products are easier to use, they are more versatile, they cost less than our competitors, they are proprietary and they provide a one stop total turnkey solution," said Forde.
With major competitors like Yahoo, AOL, Homestead and Go Daddy, the more services you want, the more you have to pay for them. With 110 Media the user gets all these integrated functions in one place and for one price.
"110 Media not only offers world-class global hosting and turnkey Internet solutions, it provides an ever-growing range of unique products that put us way ahead of the competition," he said. The company plans on rolling out more than a score of new products in coming months.
About 110 Media Group, Inc.
110 Media Group products and services address a significant market gap by providing non-technical business operators of small to medium-sized businesses with all the necessary services needed to migrate their cottage industries to the Internet or to start a new Internet business. Similar to AOL which services non-technical Internet consumer users, the company's Chamber of eCommerce packages all provide the necessary components required for a successful online business into one integrated friendly, helpful, non- threatening bundle that can be easily accessed and managed by low-tech business operators. The company profitably provides all elements basic to any business endeavor in a cost-effective package offered for $29.95 per month with no start-up fees. Clients simply need to add their information and products or services to be in business in as little as an hour without knowing a thing about HTML, Flash, Secure Socket Layers, FTP, or any other technical aspect of creating and running a web site.
The company's numerous products are vertically integrated and primed to become the easiest and most innovative Internet utilities since Yahoo! or Google, coupled with the viral marketing growth of such first-to-market leaders as MySpace, MSN Hotmail, ICQ, Blue Mountain Arts and Napster.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including without limitation statements regarding potential future plans and objectives of the Corporation, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Gross turnover could be substantially less in the future due to changes in the law, general economic conditions, or unexpected failure of equipment servicing the accounts. In addition, technical complications which may arise could prevent the prompt implementation of the plans outlined above. Additional Safe Harbor Act Disclaimer Notice is available on the Web site at http://www.110mediagroup.com .
Contact:
Mediawise Communications
Don Philpott/Paul Serluco
(407) 862-5477
Fax: (407) 862-5734
info@110mediagroup.com
http://www.110mediagroup.com
Source: prnewswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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