Hope VION runs Jim! News out on CPNE 1.90 +.03 now: Commerce Planet Announces Partnership and Minority Interest into Content Direction's Linkstorm Product
Wednesday May 2, 10:52 am ET
GOLETA, Calif.--(BUSINESS WIRE)--Commerce Planet, Inc. (OTCBB:CPNE - News) announced today that it has taken a minority interest in strategic partner Content Direction, Inc. Additionally, Commerce Planet's subsidiaries Legacy Media and Interaccurate intend to utilize the Linkstorm product as an enhancement to its existing ad serving technology and platform. The Linkstorm platform is designed to revolutionize the ad service experience. The product brings relevant content to the user on a linear level as opposed to vertically. This tool will allow an advertiser to present multiple impressions of relevant content to the user, without requiring the user to leave their existing portal. This process will lead to an enhanced revenue stream for Commerce Planet through increased relevancy and advertising inventory volume.
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Commerce Planet's subsidiary Legacy Media are in negotiations to deploy Linkstorm into its multi media paid ad network. A user who typically views a webpage with designated ad space will now begin to experience content rich, non intrusive, relevant ad serving. This new platform allows Legacy Network to monetize highly targeted web traffic in a scalable fashion by coupling with its existing cost per acquisition network. Furthermore Legacy Media intends to offer to its clients highly targeted video ad placement that is deployed from the Linkstorm technology.
Commerce Planet's subsidiary Interaccurate intends to launch a beta cost per click ad serving network over the next couple of months incorporating this technology. This network will apply the same principals as the Legacy Network deployment style but will be a text based platform, thus enabling us to engage the user in any keyword that may be relevant to the user.
Commerce Planets' CEO Michael Hill stated, "We researched many companies before selecting the Linkstorm product. We believe Content Direction has developed a unique system to generate high quality online traffic as well as enhance the user's experience. We understand the importance of the quality of the users experience and we are extremely excited to have found a partner who we believe is on the forefront."
About Commerce Planet, Inc.
Commerce Planet, Inc. (OTCBB:CPNE - News) is a publicly traded, internet-based media company. The Company offers online media products, lead generation services and direct marketing tools to its client partners. Commerce Planet offers an internet turnkey media solution through its network of wholly owned subsidiaries, which include Consumer Loyalty Group, Inc., Legacy Media Inc., OS Imaging, Inc. and Interaccurate, Inc.
Each subsidiary of Commerce Planet specializes in a specific niche of the online media industry. Their combined services are designed to address the needs of client partners, including membership loyalty programs, direct response consumer marketing, affiliate list management, email deployment, live chat software-based services, direct phone sales and customer service, and printing services.
To find out more about Commerce Planet, Inc. (OTCBB:CPNE - News), visit our website at www.commerceplanet.com. The Company's public financial information and filings can be viewed at www.sec.gov.
About Linkstorm Corporation
Linkstorm increases product visibility and sales for retailers, advertisers, ad agencies, affiliate marketers, direct marketers, behavioral targeting specialists, publishers and media companies of all kinds. Our service raises search engine rankings, improves navigation to product information and content, and creates new opportunities for alternative distribution channels including affiliate marketing, blogs, and peer-to-peer "viral marketing." Our technology is based on the next generation of Web navigation, the Handle System® created by Dr. Robert Kahn, co-inventor of TCP/IP and co-recipient of the Turing Award and National Medal of Freedom in recognition of his crucial role in pioneering the Internet. Linkstorm implements superconnectivity(TM) and clickless navigation(TM) to create extensive, robust and persistent interlinking of content and product information at any level organizations want it. Linkstorm is headquartered in New York City.
For more information, click here: dx.linkstorms.com or linkstorms.com
Safe Harbor
Except for the historical information contained herein, the matters set forth in this press release, including statements as to management's intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. This release contains forward-looking statements, including, without limitation: (1) all statements which provide earnings guidance; (2) statements that management believes the company is continuing to see the impact of the infrastructure built in prior periods and the execution of our corporate strategy, that the company's strong performance will continue as it executes organically and seeks opportunities for inorganic expansion, or that the company has put the building blocks in place for future long term growth. and (3) any other statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products and services or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
Contact:
Commerce Planet
Michael Hill, Chief Executive Officer
805-964-9126 ext. 3134
or
Investor Relations:
ICR, Inc.
Andrew Greenebaum/Elin Chistyakov, 310-954-1100
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Source: Commerce Planet, Inc.
This is still my favorite stock...still extremely cheap imho...tuna |
