Tuesday July 7, 11:53 am Eastern Time
Company Press Release
The Leap Group Comments On Market Price and Volume Activity
CHICAGO--(BUSINESS WIRE)--July 7, 1998--In response to inquiries, The Leap Group, Inc., (Nasdaq:LEAP - news) today said that it believes the recent price and volume activity is the result of the combination of the Company's profitability and the growth of the Internet advertising sector.
''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 - news) 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. |
