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TheDirectory.com on Track to Post Record Q1 Revenue; Year Over Year Revenue Expected to Triple(February 21, 2012)
TAMPA, FL -- (Marketwire) -- 02/21/12 -- TheDirectory.com, Inc. (PINKSHEETS: SEEK) today announced that it expects to report preliminary first quarter revenue for the quarter ending February 29th, 2012 in the range of $130,000 to $150,000, versus 2011 Q1 Revenue of $48,298.
TheDirectory.com, Inc. Founder and CEO Scott Gallagher stated, "Q1 will be the best quarter in the history of our Company in terms of revenue. The most exciting piece is that we've not even started marketing most of the new products associated with Version 2.0 of TheDirectory.com. Less than two months since launching the beta version, we've nearly finished testing most of the new products to assure they're ready for the market. We firmly believe the portfolio of integrated products being launched into the market with the launch of Version 2.0 of www.TheDirectory.com will be the primary revenue generator for us going forward." Gallagher continued, "We expect significant revenue increases related to the launch of the new products heading into the second quarter. At this point we're not going to provide any top-line guidance for Q2 until we've had some time to gauge the market acceptance. We can say that we expect Q2 to top Q1 in terms of revenue and set a new Company record."
Management continues to work with its accountants and attorneys to complete preparation of two-years of audited financial results in anticipation of filing a registration statement with the Securities and Exchange Commission to once again become a fully reporting Company.
About TheDirectory.com, Inc.
TheDirectory.com is a diversified Local Internet search company that owns and operates a network of locally targeted category specific search destinations anchored by its Local business search engine www.TheDirectory.com, other sites in the network include: www.BusinessList.com, www.Podiatrists.com, www.Chiropractor.net, www.Therapists.net, www.DentistAppointments.com, www.Dietitians.net and many others. For more information see the Company's financial statements and related filings on www.OTCMarkets.com.
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.
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