Kip, the next hour should be telling
in terms of what we might see tomorrow.
I found some more older news. Doesn't look
like it has been discussed much here.
In fact, seems like InfoUSA is just being
discovered, which might be very advantageous
to those getting in now, if they can indeed
continue to expand into their market. So far
their growth looks exceptionally promising.
OMAHA, Neb.--(BUSINESS WIRE)--April 5, 1999--infoUSA Inc.
(NASDAQ:IUSAA) (NASDAQ:IUSAB) announced today that on-line database
sales from infoUSA.com, the company's Internet marketing division,
reached over $640,000 in the first quarter of 1999, more than doubling
the revenue from the same period last year.
infoUSA.com offers a database of 10 million businesses and 195
million consumers over the Internet. Products for sale include mailing
lists, sales leads, business credit reports and CD-ROMs. infoUSA
chairman and chief executive officer, Vinod Gupta, stated, "infoUSA is
one of the only companies to have developed a profitable business
model for selling its products over the Internet. With internet
delivery of our products, we can now effectively reach our potential
market of over 55 million small business owners, entrepreneurs,
executives and affluent households who need our information on demand
24 hours a day, 7 days a week. They purchase our information for
business reference, sales leads, job searches, due diligence, and
reuniting family and friends. We have filled an important niche in
servicing this market, and it is paying off."
infoUSA plans to expand its offerings on the Internet to allow
businesses to analyze their customers and conduct e-commerce. Gupta
continued, "We are the leaders in the small business market, providing
solutions that help businesses market themselves, find prospects,
increase sales and succeed. These businesses now flock to our web site
to instantly and conveniently download the valuable information they
need to manage and grow their operations. On-line delivery of these
products empowers small businesses by giving them the same tools as
our larger customers. We continue to be at the forefront in developing
new products and services which target this rapidly growing market."
The company's web site receives an average of one million hits
per day and has 300,000 registered users. This Internet revenue does
not include licensing and advertising fees from partnerships with such
companies as Yahoo!, Microsoft, Netscape, GTE Superpages, Switchboard,
Network Solutions and InfoSpace, that offer infoUSA's database for
distribution or links to infoUSA.com.
infoUSA, www.infoUSA.com, is the leading provider of business and
consumer information products and data processing services. The
infoUSA databases power the directory services of the top
traffic-generating Internet sites including InfoSpace (NASDAQ:INSP),
GTE (NYSE:GTE), Yahoo! (NASDAQ:YHOO), Microsoft (NASDAQ:MSFT),
Netscape (NASDAQ:NSCP), and AOL (NASDAQ:AOL). Nearly two million of
the company's customers use the products and services for direct
marketing, telemarketing, marketing planning, lead generation, sales
planning, customer analysis and credit reference. Founded in 1972, the
company's headquarters are 5711 South 86th Circle, PO Box 27347 Omaha,
Neb., 68127-0347. infoUSA Inc. can be contacted at (402) 593-4500. |
