SCMI great news out, just acquire 100% of Hitsgalore.com website "appears to be a search engine similar to Yahoo, Excite, Lycos, HotBot, Alta Vista except it focues on business to business auction and data base"
Wednesday February 17, 9:07 am Eastern Time
Company Press Release
SOURCE: Systems Communications, Inc.
Systems Communications, Inc. and Hitsgalore.com Agree to
Merge
CLEARWATER, Fla., Feb. 17 /PRNewswire/ -- Systems Communications (OTC Bulletin Board: SCMI - news) announced today that it
has signed an agreement to acquire 100% of the stock of Hitsgalore.com, an internet company based in Rancho Cucamonga,
California, for an undisclosed amount.
Hitsgalore.com is located at hitsgalore.com. At first blush, the Hitsgalore.com website appears to be a search engine similar
to Yahoo, Excite, Lycos, HotBot, Alta Vista and others. However, unlike those search engines, Hitsgalore.com is positioned as a
''Business-to-Business'' search engine, providing a ''searchable database'' to those businesses dedicated to bringing people (''hits'') to
the websites of commercial enterprises. These service providers are called ''Hit Generation Vendors.''
Hit Generation Vendors bring traffic to more than 30 million business websites operated from the small-business, home-based
entrepreneurs to the large, established multinational corporations. These businesses all seek to promote their own product, service or
corporate image by bringing visitors, or ''hits,'' to their websites. To generate traffic, businesses utilize over 250,000 Hit Generation
Vendors, who are compensated for each hit they bring to their clients' websites. According to Forester Research, ''Over 60 million
entrepreneurs will use the internet as their new launch pad in the next 12-16 months.'' This explosion in business growth is where
Hitsgalore.com finds its unique market niche, separating itself from other search engines, which seek sheer volume of generic listings
generated by ''Worm Programs'' that ''dig'' out nearly every website and catalog it in their database.
Hitsgalore.com has taken a very pragmatic approach in building a searchable database that is composed of businesses that have opted
to submit their data. The hitsgalore.com database contains listings of businesses that have voluntarily provided their name, address,
phone number, fax number, website address, and e-mail information. Most importantly, Hitsgalore.com reserves the right to market
this database and offer additional services. Hitsgalore.com collects data which the large search engines can only dream about, acquiring
statistics, demographics and geographic data collected naturally for its expanding database.
How does Hitsgalore.com expand its market share? Hitsgalore.com targets the Hit Generation Vendors (including the top Search Engine
Software Submission Manufacturers, such as Submit Wolf, Submission Pro, and others), who provide the very software that all Hit
Generation Vendors use to promote new and existing websites. The major search engines collect too much information with their
Worms and periodically purge their entire database. This requires that the Hit Generation Vendors regularly provide new updates. By
being listed with the Hit Generation Vendors on the software manufacturers' database and ''burned into'' the new software, the
Company's website will grow naturally as the new updates come on line. Already, even though the Hitsgalore.com website has not
been publicly announced, it is getting nearly 4,000 requests each day for registrations of URL listings (or website addresses). Because
the Company supports the vendor's very activity, the hitsgalore.com vendor base is heavily supporting growth by putting links on their
home pages and sending visitors to Hitsgalore.com.
Hitsgalore.com is also diligently developing a ''Local City Edition'' of more than 1,000 cities in over 150 countries. With the Local City
Edition, a business in Kansas City will not have to compete with those in San Diego -- unless it chooses to do so. No other major
search engine offers this kind of ''zoned marketing'' on such a grand scale.
Hitsgalore.com is emerging as a major player in search engine technology. It owns 100% of all intellectual properties that drive its
primary engine. Hitsgalore.com may joint venture on other technologies as it sees fit to maintain market dominance.
Financial statements in this press release other than historical facts 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 as that term is defined in the Private
Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations,
including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since
these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the
Company's actual results could differ materially from expected results.
SOURCE: Systems Communications, Inc.
More Quotes and News:
Systems Communications Inc (OTC BB:SCMI - news)
Related News Categories: computers, internet
Help |
