Company News: Page (1) of 1 - 05/07/12 Email this story to a friend. email article Print this page (Article printing at page facebook Traffic Surges; Listings Grow by 25% in 30 Days

(May 07, 2012)

TAMPA, FL -- (Marketwire) -- 05/07/12 -- (PINKSHEETS: SEEK), an emerging leader in the Local Internet search space, today reported that overall site traffic for its portal has surged more than 25% since mid-April. Founder and CEO Scott Gallagher stated, "We continue to see success in our efforts to build into an industry leader in multiple markets. Since April 15th the 7-day Alexa ranking has improved by over 20% to 7,582, and more importantly the site now lists more than 125,000 active classified ads, up from 100,000 on April 19th. The site is now averaging around 7,000 new ad listings every day of the week since the completion of the site redesign."

Gallagher went on to say, "We're very pleased with the initial success since completion of our site redesign. Based on the positive initial market response to the new we're projecting growth to 200,000 active classified ad listings within the next 60 days. And shareholders should expect a similar growth in overall site revenue generated from"

According to eMarketer, the online adverting market for the directories and classifieds ad channel was $3 Billion in 2011 and is expected to grow to $4.3 billion in the next 3-years.

About, Inc. is a diversified Local Internet advertising company that owns and operates a network of locally targeted category specific search destinations anchored by its Local business search engine; other sites in the network include:,,,,, and many others. For more information visit the Company's Investor web site Review the Company's financial statements and related filings on

Forward-Looking Statements
Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995)., 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.

Scott Gallagher
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