Media Search:



Internet Business Gp – Trading Update

25 October 2006

("IBG" or the "Company")

Trading Update

Internet Business Group plc, the AIM listed online advertising and e-commerce specialist announces an update on trading for the financial year ended 31 October 2006.

Financial Update

Following a positive outlook reported at the time of our interim results trading has remained strong. As a result, turnover for the financial year ending 31 October 2006 is anticipated to grow by at least 105% to £13.0 million (2005: £6.32 million), representing an increase of 12% above current market expectations of £11.54 million. As a result of this increase and the operational gearing of IBG, earnings before interest, tax, depreciation, amortisation and movement on investments are anticipated to grow by almost 175% to approximately £1.15 million (2005: £0.42 million), 20% above current market expectations of £0.96 million. Profit before tax is anticipated to be in the region of £1.1 million (2005: £0.41 million), 9% over current market expectations of £1.01 million.

This strong performance is primarily attributable to the better than anticipated trading of IBG's performance advertising division, AffiliateFuture, supported by solid progress in the newly established media division of the Company.

IBG will be adopting International Financial Reporting Standards early and will be reporting in line with the new standard from the financial year commencing on 1 November (Stuttgart: A0Z24E - news) 2006.

Operational Update

IBG is in the preliminary stages of establishing a discrete media division, incorporating the two key websites acquired from Cheap Flights Limited, as reported on 5 July 2006. These acquisitions have been successfully integrated and the newly recruited commercial team seek to exploit the on-going opportunities. Since IBG's acquisition of the websites the consumer experience has remained unchanged, however, the underlying platform has been completely replaced and upgraded by an IBG in-house designed platform. IBG's media team in London has been supplemented by further recruitment in our Spanish office.

IBG's own travel search engine, Henoo.com, is undergoing significant levels of commercial and technical development. The Directors believe that whilst this activity is strictly a media operation, it provides our performance advertising business, AffiliateFuture, with technologies that significantly differentiate us within the travel sector.

AffiliateFuture Inc., the US online advertising division, is continuing to make good progress and to increase its client base. Whilst the operation's earnings have not broken even on a monthly basis in the current financial year, it is expected to make a small contribution to profit during the course of the 2007 financial year and remains important to the medium-to-long term development of IBG.

Maziar Darvish, Chief Executive, commented: "We are pleased, once more, to be providing a positive trading update which re-iterates the strength of our business model and the growth in our underlying markets. I believe strongly that our core competencies of technology and online marketing, coupled with a solid strategy, differentiate our offering and provide us with strong competitive advantages in the sector. We continue to invest in both infrastructure and people in order to exploit the substantial market opportunities available."

The Company expects to report its preliminary results for the year ended 31 October 2006 by early February 2007.

Enquiries:

Internet Business Group

Maziar Darvish, CEO

Mob: 07967 039 693

http://www.ibg.co.uk

Tavistock Communications

Matt Ridsdale / John West

Tel: 020 7920 3150

Mob: 07796 956 710

Altium Capital Limited

Mike Fletcher / Steven Whitehead

Tel: 0161 831 9133

Notes to Editors:

IBG's performance advertising business trades as AffiliateFuture and its best known e-commerce operation is Sweatband.com. IBG's core skills are in the areas of Internet technology, online marketing ∓ design.

Read more:
Internet Business Gp - Trading Update

Kelli O'Hara Will Face The Music in Far From Heaven at Williamstown

CHART TOPPERS: Most-Read Playbill.com Stories, Week of Feb. 1218

GLOW: NAUGHTY NEON 2 pt.1 – Video

24-02-2012 06:55 So this event was interesting. The crowd came, the DJ came, it was all good until...NYPD came. The thing about NYC and the Rave Scene, there really aren't many venues to support this scene and there are so many hops that have to be jumped through to pull off a great event. The Original GLOW : Naughty Neon set the bar last year for NYC Electronic Dance Music events; this year we are going WAY BIGGER at a 5000+ Capacity Legal Indoor/Outdoor Venue in Brooklyn and LEGENDS from various different EDM genres. You will not want to miss out on this! Original Brooklyn in Association with NYCR Proudly Present... GLOW : Naughty Neon 2 Sunday February 19th, 2012@The Cultural Performing Arts Center of Brooklyn New York. PRESIDENT'S DAY WEEKEND NO SCHOOL/WORK THE NEXT DAY Neon is a common element in the universe, but is rarely found on Earth. Only when captured and excited electrically can neon be observed brilliantly glowing.

See the article here:
GLOW: NAUGHTY NEON 2 pt.1 - Video

The Launch of Nokia N9 Canada Looks Like a Distant Probability Now, Reports Internet Marketing Services

According to a recent research by Internet Marketing Services, the thousands of Smartphone fanatics in Canada may not see the launch of Nokia N9 Canada very soon. The report suggests that Nokia’s reluctance to introduce the phone in Canada is a part of their strategy to promote their first ever Windows Phone 7 in Canada.

(PRWEB) February 24, 2012

Internet Marketing Services has recently reported that the long awaited launch of Nokia N9 Canada may take much longer than anticipated earlier. Internet Marketing Services is a well known market research company based out of Ontario. They provide updated information on all popular products in the market. It may be recalled that the N9 model from Nokia is one of the most popular phones of our time, and there has been plenty of speculations in the Canadian telecommunication market about its probable release date. The research has revealed that the non availability of the phone is a well thought strategy from Nokia to promote their first Windows Phone 7 device in the country.

The findings of the research are not too encouraging for people who have been waiting for months for the release of Nokia N9 Canada. During the launch announcement of Nokia N9, major Smartphone markets like US, Canada, Belgium, Norway, and Netherlands were kept out of the list. Incidentally, these are the markets that Nokia preferred for the launch of their WP 7 device. Internet Marketing Services suggests that Nokia wanted to market the Windows Phone in the mature markets, in these countries that have a high demand for iPhones and Android devices. The company may have assessed that a Windows Phone has much better chances of success than N9 in these markets.    

Many Smartphone enthusiasts in Canada are still waiting eagerly for the arrival of Nokia N9 Canada. This amazing Smartphone has been extremely successful in all countries where it was launched. The Mee Go operating system of the phone has already been updated twice by the company in order to enhance customer experience. N9 is also well known for its excellent user interface.

About Internet Marketing Services: Internet Marketing Services is a private market research company that conducts market research on various topics. The company is based out of Ontario.

Contact: Paul Bonner

http://www.nokian9.ca/

###

Paul Bonner
Internet Marketing Services
623-242-2677
Email Information

See the original post here:
The Launch of Nokia N9 Canada Looks Like a Distant Probability Now, Reports Internet Marketing Services