TAMPA, FL--(Marketwire - Jun 16, 2011) - TheDirectory.com, Inc. (
TheDirectory.com Founder and CEO Scott Gallagher commented, "We're pleased to announce to our stockholders that the path to achieving sustainable profits we laid out last fall is on track to be reached this year. Year over year sales jumped over 170% for the first six months of 2011 to $141,304 from just $51,934 during the same period in 2010. We grew sequential revenue by 92% from $48,298 during Q1 to $93,006 in Q2. We are still losing money at this point primarily related to our increased investment in online marketing programs which is resulting in record new patient appointments and phone calls for our clients."
Select achievements during the first six months of Fiscal 2011:
- Increased Top-Line Sales for 7 Consecutive Months
- Generated Record Sales, First Six Months of 2011
- Completed Name Change to "TheDirectory.com"
- Reduced Authorized Shares by 1.6 Billion
- Canceled 2 Billion Common Shares
- Launched New Call Center
- Signed exclusive Traffic Agreement With HelloMetro.com
- Entered Into Agreements to Expand TheDirectory.com Search Categories
- Generated Record Number of Phone Calls and New Patient Appointments
- Launched Several New Vertical Local Directories Including Dentist
Gallagher continued, "Our operating results will be filed on OTCMarkets as soon as our lawyer completes his review (unrelated to financials). Upon completion of the filings over the next few days our Company will be upgraded to the 'Current Information' designation on OTCMarkets.com."
Investor Call Dial-In Information
Call-1-866-906-9888
Pin-8085258
Time: 4:30 Eastern Time
Date: June 16, 2011
About TheDirectory.com, Inc.
TheDirectory.com, Inc. is an emerging leader in the local advertising, search and publishing space. The Company operates a direct navigation-based local search network anchored by its local business search engine TheDirectory.com. TheDirectory.com builds targeted professional directories over category killer Dot Com and Dot Net domain names such as www.TheDirectory.com, www.Podiatrists.com, www.Chiropractor.net, www.Psychiatrists.com, www.Pediatricians.com, www.Dietitians.net, www.DentistAppointments.com, www.Therapists.net and others. For more information visit the Company's Investor web site www.TheDirectory.tv. Review the Company's other filings on www.OTCMarkets.com.
Forward-Looking Statements
Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995). TheDirectory.com, Inc. cautions that the statements made in this press release constitute forward-looking statements and no guarantees of future performance and actual results or developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time the statements are made.
Contact Information:
Contact:
Scott Gallagher
727-417-7807