InfoSearch Media Announces Extension for Filing Quarterly Report on Form 10-QSB
November 14 2007 - 7:17PM
Marketwired
MARINA DEL REY, CA , a leading Internet search marketing firm
that cost-effectively delivers web traffic via search optimized
text and video content, announced today that the Company has
requested an extension for filing its Quarterly Report on Form
10-QSB for the period ended September 30, 2007.
The Company expects that its financial results will be
consistent with the preliminary results issued on October 30, 2007.
The preliminary results stated that third quarter total revenues
increased 3 percent from the second quarter to $1.19 million, cash
increased 8 percent to more than $621,000, and new orders grew 48
percent over the first half of 2007.
InfoSearch Media filed for the extension in order to gain
additional time for the accurate completion of filing documents and
reporting paperwork due to changes in personnel during the period.
The Company intends to file its Form 10-QSB no later than Friday,
November 16, 2007.
About InfoSearch Media
InfoSearch Media (http://www.InfoSearchMedia.com) is a leading
Internet search marketing company and the largest dedicated
provider of traffic-targeted online text and video content.
InfoSearch Media's network of professional writers, editors,
technical specialists and video producers helps businesses succeed
on the Web by implementing cost-effective Internet marketing
solutions designed to deliver more web traffic for customers of
every size. Whether a business needs more local traffic in 100
cities or is a content publisher with an ongoing need for fresh,
targeted Web content, InfoSearch Media offers the outsourced
solutions, capacity and reputation to help it win the audience it
needs on the Internet.
Safe Harbor Statement
The foregoing financial information for the third quarter ended
September 30, 2007, is unaudited and subject to quarter-end and
year-end adjustment. The foregoing paragraphs contain
forward-looking statements relating to the company's anticipated
sales growth and future financial performance. These are
forward-looking statements for purposes of the safe harbor
provisions under the Private Securities Litigation Reform Act of
1995. Actual results may differ materially from expectations
discussed in such forward-looking statements. Factors that might
cause such differences include, but are not limited to the
challenges of attracting new customers and maintaining existing
customers and developing, deploying and delivering InfoSearch
services; competition from existing and new competitors; the
ability to generate sufficient cash flow or otherwise obtain funds
to repay new or outstanding indebtedness; the loss or decline in
business from our key customers and other risks described from time
to time in InfoSearch's filings with the Securities and Exchange
Commission, including InfoSearch's annual report on Form 10-KSB for
the year ended December 31, 2006. These forward-looking statements
reflect InfoSearch's expectations as of October 29, 2007.
InfoSearch does not assume any obligation to update the
forward-looking information contained in this press release.
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Contact: Investors Scott Brogi CFO 310.822.1103 Email Contact
Media Heather Gore Vice President 310.437.7562 Email Contact
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