Webxu Announces Strategic Partnership with Linkstorm
LOS ANGELES, CA, Jan 15, 2013 (eTeligis.com via COMTEX)
Webxu, Inc. (OTCBB: WBXU), a media company that owns and operates a network of consumer branded websites and businesses focused on Customer Acquisition, E-Commerce and Mobile Media, today announced a strategic partnership with Linkstorm, a New York based performance online advertising technology company.
Linkstorm's advertising technology makes ads more useful to the consumer by overlaying a cascading navigation menu onto any ad format that quickly connects the consumer to the information the consumer wants. As a result, click-through and conversion rates increase by 2x-17x. Linkstorm's clients include national and global advertisers, agencies, publishers and ad networks such as Cisco, IBM, American Express, Dell, Liberty Mutual, Wal-Mart, Nissan, Microsoft, AOL and The New York Times.
"We are excited about our strategic partnership with Linkstorm," commented Matt Hill, Webxu Executive Chairman. "We believe that their proprietary technology will increase conversion rates for our advertisers. This will provide Webxu with the ability to deliver better performance to our advertiser clients, which we anticipate will result in an increase in our top line production."
"Webxu is a perfect fit for Linkstorm," said David Sidman, Linkstorm CEO. "Webxu will provide us with new distribution by exposing Linkstorm to their existing client base in Customer Acquisition, E-Commerce and Mobile Media. We look forward to a very productive and profitable relationship."
About Webxu, Inc.Webxu, Inc. (OTCBB: WBXU) is a media company that owns and operates a network of consumer branded websites and businesses focused on Customer Acquisition, E-Commerce and Mobile Media. Through its branded consumer websites, Webxu generates revenue by providing Advertiser clients with targeted consumer traffic. Webxu is headquartered in Los Angeles, CA. For more information about Webxu visit http://www.webxu.com.
About LinkstormLinkstorm is an advertising technology company that has pioneered a new approach to Online Marketing, E-Commerce, Publishing and Social Networking. Linkstorm makes ads more useful to the consumer by overlaying a cascading navigation menu onto any ad format that quickly connects the consumer to the information the consumer wants. As a result, click-through and conversion rates increase by 2x-17x. Clients include national and global advertisers, agencies, publishers and Ad Networks such as Cisco, IBM, American Express, Dell, Liberty Mutual, Wal-Mart, Nissan, Microsoft, AOL and The New York Times. Linkstorm is headquartered in New York City and is funded entirely by Angel investors including visionaries like Esther Dyson and Jim Rutt. For more information about Linkstorm visit http://www.linkstorm.net.
Cautionary Language Regarding Forward Looking StatementsThis release and any attachments contain forward-looking statements within the meaning of the "safe harbor" provisions of the Federal securities laws, including Section 21E of the Securities Exchange Act of 1934, that involve risks and uncertainties. Words such as "will," "believe," "intend," "potential" and similar expressions are intended to identify forward-looking statements. These forward-looking statements include the quotations from management in this press release, as well as any statements regarding the Company's anticipated financial results and strategic and operational plans. The Company's actual results may differ materially from those anticipated in these forward-looking statements. Factors that may contribute to such differences include, but are not limited to: the Company's ability to deliver an adequate rate of growth and manage such growth; the impact of changes in government regulation and industry standards; the Company's ability to maintain and increase the number of visitors to its websites; the Company's ability to identify and manage acquisitions; the impact of the current economic climate on the Company's business; the Company's ability to attract and retain qualified executives and employees; the Company's ability to compete effectively against others in the online marketing and media industry; the impact and costs of any failure by the Company to comply with government regulations and industry standards; and costs associated with defending intellectual property infringement and other claims. More information about potential factors that could affect the Company's business and financial results is contained in the Company's latest annual report. These forward looking statements are made as of today's date and, except as otherwise required by law, the Company does not intend and undertakes no duty to release publicly any updates or revisions to any forward-looking statements contained herein to reflect events or circumstances after the date hereof.
Webxu Media Contact:
Linkstorm Media Contact:
Associated Documentation:Link to submission on http://www.eteligis.comWBXU_1-15-13_PAP_MMP.docx
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