The Leap Group Comments On Market Price and Volume Activity Business Editors
Business Wire - July 07, 1998 12:08
"The Leap Group has reported two consecutive quarters of profit, our Internet business is leading our growth and we have great clients like American Airlines, MSNBC and Anheuser-Busch," noted Fred Smith, Leap Group Chairman and CEO. "The market is beginning to recognize the value of Leap."
The Leap Group, Inc., (Nasdaq: LEAP) is a creatively focused advertising holding company providing innovative consumer marketing, advertising and Internet-related services and products. Its subsidiaries are The Leap Partnership, Quantum Leap Communications and One World Communications, which combines the operations of YAR Communications, acquired in April 1997, and Kang & Lee Advertising, acquired in November 1997. Headquartered in Chicago, the company has offices in New York, Los Angeles and San Francisco. More information on The Leap Group can be found at http//:www.leapgroup.com.
NOTE: This press release contains forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) that involve risks and uncertainties. A number of important factors could cause the Company's actual results, performance or achievements for fiscal 1999 and beyond to differ materially from that expressed in such forward-looking statements. These factors are set forth in the Company's filings with the Securities and Exchange Commission and include, without limitation, material changes in economic conditions in the markets served by the Company's clients, competition in the Company's industry, uncertainties relating to the developing market for new media, changing technologies, seasonality and the Company's dependence on key clients and projects and key personnel. Loss of a key client or a significant reduction in business from a key client could have a significant adverse effect on the Company's business and results of operations. |