Phinder Technologies sales of online directory continue to increase
Phinder Technologies sales of online directory continue to increase
TORONTO, Feb. 9 /PRNewswire-FirstCall/ -- Phinder exceeds 100 sales in one day for the first time since it commenced its marketing campaign in January of this year. That is almost doubled the average daily sales of previous week ending February 5, 2005.
Each customer (see below "about Phinder Technologies") pays a monthly fee of $29.95 or $359.40 per year so every 1,000 active customers represents $29,950 per month in revenue or $359,400 per year in revenue per 1,000 customers. At the current pace the company is adding over 2,400 additional customers per month.
Phinder's strength lies not only in the combined package of services that it offers for the competitive price of $29.95 per month, but even more so in the ultra scalable marketing campaign that ensures the company only pays the telemarketing firms for sales generated and confirmed by an independent third party. Customer attrition (cancellations) on a monthly basis is not anticipated to exceed 10% and all sales forecasts and growth projections have taken this variable into account.
About Phinder Technologies Inc.:
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Phinder Technologies Inc. specializes in the development and particularly, the marketing of software solutions that assist businesses, membership organizations, communities and groups with little or no internet savvy in creating an online presence.
The company recently released its brand new proprietary website builder software for use with a wholly owned online directory service called TheYellowPages.bz (www.typ.bz). The company has also lent its considerable marketing expertise to TheYellowpages.bz in order to sell bundled services offering aimed at small to medium size businesses. The bundle includes a high quality web site (see www.typ.bz/samples), free web hosting, unlimited Internet access and web based email all for just $29.95 per month. Companies are billed monthly through their phone bill.
Phinder uses outbound telemarketing and true third party verification to sell this inexpensive service to businesses across the US, because it is a proven method of achieving and retaining sales. This marketing approach allows the company to only pay for confirmed sales, rather than conventional marketing where companies spend money in the hope to make a sale at some point.
In compliance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, PHDTF notes that statements contained in this announcement that are not historical facts may be forward-looking statements that are subject to a variety of risks and uncertainties. Accordingly, PHDTF wishes to caution readers of this announcement that its future actual results may differ materially from those that any forward-looking statements may imply. There is no assurance the above-described events will be completed. There can be no assurance of the ability of the company to achieve sales goals, obtain contracts or financing, consummate acquisitions or achieve profitability in the future. The above and additional factors are discussed in detail in the company's filings with the U.S. Securities and Exchange Commission. These may be viewed at www.sec.gov and many other Web sites without charge.
Source: Phinder Technologies Inc.
CONTACT: Phinder Technologies Inc., (416) 815-0044 (FAX) or
ir@phinder.com; www.phinder.com
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