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LocalAdLink
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During the first quarter of 2009, we have seen significant success with
the restructuring and expansion of our business model. We rolled out
two new divisions to compliment the BOOMj social network, i-SUPPLY and
LocalAdLink. The new organizational structure of Beyond Commerce, Inc.
as the parent company to the three independent divisions is proving to
be a solid model. We were happy to report $1,070,000 in revenues for
the month of December 2008, $2,311,000 for January 2009, and $3,326,000
for February 2009. LocaladLink projects to continue rapid revenue
growth and earnings quarter over quarter for the full year of 2009.
BOOMj.com, our social network for Baby Boomers and adults over the age
of 35, is going strong and will maintain its leading position as a
niche portal and social networking site, integrating content and
community with social networking and shopping tools. After surpassing
our competitors last year, we have consistently grown our member base
at an average of 4% per month and have seen a significant increase in
page views. To accelerate this growth, we are planning a new marketing
campaign during the second quarter.
i-SUPPLY, our E-commerce division, will be launching its "ASAP Widget
Application Version 1.0" in late March.
This version will have fifteen shopping categories including
books, consumer electronics, kitchen supplies, health & beauty
products and more. The site allows users to create a
customized store by selecting only the products they wish to
sell. Our Widget Application will roll out on thousands of
Web sites, offering over 1.8 million brand name products at everyday
low prices. For the official launch in April an advanced
selection of functionality and features will be added. The Q2
official introduction of i-SUPPLY will bring an immediate increase in
revenue and establish the proprietary ad network for LocalAdLink.
LocalAdLink, our local advertising division, has had a tremendous
impact on local business owners, our more than 30,000 independent sales
representatives, and our Company. We have paid out millions in
commissions to our independent sales force, who now operate within
their communities in all fifty states. This division is now
profitable and continues to grow. Tens of thousands of local
businesses are currently advertising on LocalAdLink.com and are seeing
trackable results of their marketing dollars. LocalAdLink's service
offering includes online coupons, created and managed in real time by
our Advertisers, driving customers to their door.
LocalAdLink is committed to being the leading low-cost provider of
local search and Internet advertising for local businesses across the
country. The viral nature of the business has filled rooms with
hundreds and even thousands of eager professionals. With the
downturn in real estate, mortgage, print media and finance, we have
high quality professionals joining our independent salesforce
daily. In a short start up period of only four months,
LocalAdLink has become one of the largest and most sophisticated local
ad networks on the Internet. LocalAdLink continues to
establish itself as a reputable brand in the online advertising space.
Another important milestone for the quarter was the addition of many
key seasoned executives and support staff to manage our explosive
growth. Our IT department has been brought to the next level
to produce more industry leading technology. With our
commitment to world class customer service, we have more than doubled
our customer service staff size and are implementing three new
technologies to streamline the support process.
So, what's next for Beyond Commerce? The launch of i-SUPPLY Version 1
and LocalAdLink Version 2. We are positioned to
have a significant increase in revenue during the second quarter.
During Q2, LocalAdLink will also introduce a coupon technology
utilizing the SMS feature on mobile phones. We expect the
same positive response to this innovative marketing tool as we have
seen with our online services. This innovative product will be a new
revenue stream for the Company. The culmination of our online
directory, search engine placement services, i-SUPPLY ad network and
mobile coupon offering will position LocalAdLink as the most
comprehensive advertising solution for local businesses.
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