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Getfugu, Inc. Launches Massive Business Sales Campaign Engaging Salesconx to Deliver $100 Million in Revenue(February 10, 2010)
WEST HOLLYWOOD, CA -- (Marketwire) -- 02/10/10 -- Getfugu, Inc. (http://www.getfugu.com/) (OTCBB: GFGU), the next generation mobile search tool, announced today that it has contracted with Salesconx, a successful nationwide network for selling and business professionals, to recruit and deploy 20 sales teams across the country to deliver $5 million each in annual revenue. The Salesconx Selling Experts represent industries from business services, computer services and financing services covering over 40 industry segments across all 50 States and Canada.
Getfugu's "See It, Say It, Get It" mobile search tool is now available on iPhone, BlackBerry, Android, Google phone, and J2ME smartphones, representing nearly 2 billion users around the world. Getfugu's mobile search technology has been named as one of the "Top (Ten Plus) Best Coolest Free Apps for Android" by Wireless and Mobile News. The Getfugu application is now available for free download at http://www.getfugu.com.
Rich Jenkins, Getfugu's co-founder, remarked, "Salesconx's virtual sales force numbers in excess of 30,000 representatives, from which 20 regional teams are being created, covering North America, each led by experienced Vertical Leaders with an average selling experience of 8 years. These teams will focus on small- to medium-sized businesses, ranging from 50 to 500 employees, advertising agencies and SMS messaging companies. The sales teams will also run viral marketing utilizing community websites and direct telemarketing campaigns."
Evan Sohn, founder and chief executive officer of Salesconx, said, "We are building out 20 sales teams throughout the United States with each team tasked to produce $5,000,000 in annual revenue. With 50 sales representatives per team, that revenue production requires only 84 clients per sales rep paying $99 per month. Based on our experience, this is a very attainable objective. We expect to be fully deployed within the first 6 months of the program and believe our efforts will result in closing $500,000 in recurring monthly revenue by the end of the first 90 days of sales."
Getfugu, Inc.'s revolutionary "See It, Say It, Get It" technology is the first carrier agnostic, platform agnostic mobile search platform. Getfugu will change the way people access the web with their mobile phones. It is designed to facilitate and encourage users by integrating the mobile phone's core strengths -- image, voice and location recognition -- into a single customizable application. Additionally, Getfugu offers the only mobile ecommerce platform available worldwide today. The Getfugu platform will soon be available for 97% of the mobile phones available (over 3.3 billion handsets) worldwide.
For more information on Getfugu, please visit our website at: www.GetFugu.com.
About Salesconx, Inc.:
Salesconx, Inc. provides technology and services for on demand sales teams paid on performance. Launched in January of 2008, Salesconx' sales platform has helped businesses and selling professionals across the country drive more business, adding more clients and customers in a broad range of industries and disciplines. The Salesconx Selling Experts, in excess of 35,000, represent industries from business services, computer services, financial services and over 40 industry segments across all 50 States and Canada. Salesconx is fueled by an extensive partner program consisting of over 50 companies and organizations from sales portals, small business portals, networking organizations, recruiters and business web sites. For more information about Salesconx, please visit http://www.salesconx.com.
Except for statements of historical fact, the matters discussed above are forward looking and made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control that may cause actual results to differ materially from stated expectations. These risk factors include, among others, limited operating history, intense competition, and difficulty in developing, exploiting and protecting proprietary technologies; as well as additional risks factors discussed in the reports filed by the company with the Securities and Exchange Commission, which are available on its website at http://www.sec.gov. Except as required by law, the company undertakes no obligation to update any information.
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