TSIG.com Reports Rapid Internet Sales Growth
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jan. 12, 2001-- TeleServices Internet Group Inc. (OTCBB:TIGI - news), also known as TSIG.com, today announced sharply higher Internet sales for its Membership Programs.
``We are seeing the synergies between TSIG.com's new subsidiaries come to early fruition,'' stated Scott Roix, CEO of TSIG.com. ``The Internet sales of our Membership Programs have increased from 150 in October and 700 in November, to a record 11,500 in December, generating revenues of $8.00 monthly per membership. As a result of our partnerships with such companies as eUniverse and others we are in discussions with, we foresee accelerating growth continuing through 2001.''
Added Mr. Roix, ``As the new CEO, I am very proud of the teamwork that is taking place among our subsidiaries. The merger of several companies often requires a long and difficult period of adjustment, but we have been able to integrate quickly, and come together to develop and sell products successfully right from the outset. Our management team has completed several joint ventures well ahead of schedule, and looks to exceed the aggressive revenue and profit goals of our business plan for 2001. As we move forward into this new year, we will continue to work hard to bring increased shareholder value.''
About TSIG.com
Teleservices Internet Group Inc., also known as TSIG.com, is a Florida-based marketing and e-commerce company that focuses on the acquisition and retention of customers through marketing and promotional programs that utilize the most efficient technologies and distribution systems.
TSIG.com recently acquired The Affinity Group, a database marketing and sales company, and General Search com., a family-friendly search engine with one of the most accurate search results on the Internet. These acquisitions give TSIG.com the technology and management expertise needed for effective consumer marketing, and the unique advantage of an end-to-end consumer marketing group. TSIG.com has marketing programs and distribution channels designed to acquire customers at low cost, and then offers additional loyalty programs and content that will make the customer a repeat customer.
With a new management team, a focused business strategy and experienced marketing and IT professionals, TSIG.com is poised to become a leader in providing traditional and e-business sales and services. The company's current corporate partners include Pennzoil and Coca-Cola. More information about the company is available at www.tsig.com.
Forward Looking Statements
This press release contains ``forward-looking statements'' within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. Actual results could differ materially, as the result of (1) competition in the markets for the company's products and services; (2) the ability of the company and its partners to execute their plans successfully; (3) the ability of the company to finance its operations; and (4) other factors noted in the company's SEC filings.
Contact:
TeleServices Internet Group Inc., St. Petersburg
Paul Henry, 727/897-4000
phenry@tsig.com
or
Steve Kaston, 631/784-7838
skaston@tsig.com |
