Gas Station TV Announces 2010 Record-Breaking Revenues and Profits

Gas Station TV Announces 2010 Record-Breaking Revenues and Profits

GSTV to double network size and go on hiring spree in 2011

BIRMINGHAM, Mich., Feb. 14, 2011 /PRNewswire/ -- Gas Station TV (www.gstv.com), the largest national away-from-home television network delivering a one-to-one consumer viewing experience, today announces major expansion plans for 2011.

No longer bearing the classification of a "start-up" (its last equity capital raise was in 2007), GSTV reports triple-digit revenue growth in 2010 over 2009, as well as record EBITDA, operating profit margin, and net income for 2010.

Due to the company's sustained financial success and adoption of the video-at-the-pump medium by advertisers, GSTV will be doubling its network size in the next 12 months. Expansion will include over 50 new markets (bringing GSTV to over 150 markets nationwide), plus additional stations added in GSTV's current markets, further solidifying GSTV's position as the only national presence in video at-the-pump.

"We are happy to report the continued success of our company and that it will lead to accelerated expansion due to high demand. As we significantly expand our national footprint this year, and more advertisers use GSTV to fill the gaps in their media mix with our DVR-proof television platform, we need great people to join and help us with this rapid growth," said David Leider, CEO of Gas Station TV.

As a result, GSTV is currently recruiting for multiple positions open in Detroit, New York, Los Angeles and Chicago in departments such as IT, creative, business development and sales.

"The recent merger of some of our gas competitors with other non-gas media assets leaves GSTV as the only major player 100% focused on video at-the-pump," Leider said. "Many deal promoters have extolled the virtues of bundling disparate media assets, purporting advertiser efficiencies. However trying to be all things to all people usually results in a negative for the client. We remain confident that 'Gas is King,' and we will continue setting the standard for viewer experience and customer service across the largest national footprint at our corporate gas retail partners."

SOURCE Gas Station TV

Gas Station TV

CONTACT: Lori Wayne, GSTV, +1-248-581-3001, lori.wayne@gstv.com

Web Site: http://www.gstv.com

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