Pay Per Call Advertising, Marketing & Affiliate Education.

Category: News (page 22 of 1505)

Media Consultant

BOSTON – CLICK HERE TO APPLY FOR THIS JOB

Ready to make a difference in your career? Make the move and join the largest Interactive Media Sales Team in the world and the fastest growing Internet Local Search Network! ATT Advertising Solutions connects consumers and advertisers across multiple digital platforms – local search, SEM, on line video, and on line display ads.

You can help create and support exciting new products and services for our growing portfolio of brands including yp.com – the most preferred Internet Local Search Network in the U.S., AnyWho and Keen. We also developed the technology behind Ingenio Pay Per Call. ATT Advertising Solutions is a wholly owned subsidiary of ATT.

 

Essential Duties and Responsibilities:

 

· Meeting and exceeding aggressive sales goals and overall objectives. You are measured by sales contacts per day and revenue generated.

 

· Demonstrating the value of yp.com and the ATT Local Search Ad Network advertising to new and existing customers. Through face-to-face contact you will service existing clients, sell new programs, protect and increase existing advertising, and minimize decreases and cancellations.

 

 

· Developing sales strategies prior to contacting designated markets, using a variety of visuals, including Internet layouts and other sales aids. You will formulate client advertising recommendations, which are specifically designed to meet your customer’s needs and objectives.

 

· Handling an aggressive schedule of daily sales contacts. You will schedule, organize, and prioritize work to meet both customer and company goals and deadlines. Accuracy and organization are critical to your success.

 

Visiting client business locations to obtain critical information about client markets and challenges. You will present the benefits associated with the yp.com advertising programs, along with their intended results.

 

Intermediate to proficient knowledge of MS Word, Excel and internet navigation are required. Incumbents must be computer literate and have the ability to learn new internal software programs as needed by the business.

 

All applicants must have a valid driver’s license and proof of car insurance.

 

We’re searching for applicants with:

 

Minimum of three consecutive years of successful, cumulative commission sales experience. Experience must be within last 5 years and excludes retail sales experience .

Internet savvy

Commission driven

Willing to work in a strong objective and quota driven environment

 

Base Pay and Average Earnings:

 

Media Consultants earn $35K (or $40K for Boston, NYC, and Philadelphia) base salary plus commissions as well as a car allowance, company laptop and company Blackberry Mobile Device. Average earnings range $90K – $115K/yr. There is not a cap on commissions or earnings potential.

Training:

 

You will receive paid training in one of our world class training facilities. This is instructor-led classroom training. Training consists of formal instruction and on-the-job training.

 

Supervision:

 

This job has no supervisory responsibilities.

 

Equal Opportunity Employer

If Microsoft Can’t Compete With Google, Who Can?

There’s been a lot of commentary and response to a Reuter’s opinion piece last week which calls on Microsoft to sell off its money-losing Bing search operation.

Apparently, Bing is losing something on the order of $2.6 billion per year on an operation that brings in $2.5 billion in revenue — meaning Microsoft is losing something like 50 cents of every dollar spent on competing with Google.

Reuters’s Robert Cyran thinks Microsoft could refocus on other technologies and make a little money on a sale to make shareholders happy, while other writers responded and argued (also here) that Microsoft needs to make long-term investments in search for its economic future.

Is there Viable Competition Anywhere to Google? But let’s forget about the poor Microsoft shareholders and ask what the fact that Bing only exists due to massive subsidies says about the health of competition in search. And it seems to indicate that we don’t really have viable competition, since you have one completely dominant company, Google, controlling something like 65% of the U.S. search market and only one viable alternative with 27% of the market, which is so unprofitable that analysts are arguing whether the operation should be abandoned.

What’s really amazing about the discussion is that in any other industry, a competitor with 27% of a market with the heft of Microsoft — and a track record of pretty vicious competitive actions itself — would be itself seen as a threat, but instead is almost not viable economically. It’s worth noting that in Europe, where Microsoft has invested far less in competing with Google, Google has even larger shares of the search marketplace — 92% in the United Kingdom, 91% in France, 93% in Spain, Germany and Switzerland, 94% in Portugal, 95% in the Netherlands, Poland and Romania and 96% in Belgium and Hungary.

So without billions of dollars in subsidies like Microsoft, there is de facto no real competition to Google globally, despite the rhetoric that competition is “only a click away.”

Why isn’t Microsoft Making Money? But to me, that’s not the really interesting question. The question is, why isn’t Microsoft making a boatload of money from search? Yes, it has less than half the market compared to Google, but Google makes boatloads of money and half of boatloads is still at least a boatload of money.

And the answer makes the existence of a de facto monopoly by Google even clearer. The answer is that when you look at the product actually being sold by Google and Microsoft, which as I’ve noted is not search for users but advertising to advertisers, Google is selling the same product for far more than Microsoft.

The core product sold by search engines are those little advertisements that appear on search pages, which are sold to advertisers not for a set amount but based on how many times customers click on an ad tied to the search phrase that brought the user to the page. While Google will inevitably make more money on the same search term since it has more users, the so-called Cost Per Click (CPC) price for any search term should be roughly the same across different search engines in a competitive marketplace.

But apparently it’s not. Different analysts come up with a different discount for the CPC price on Bing, but it’s far lower than for purchasing the same click on Google. For example, one advertising analyst estimated that the “average CPC on Bing is somewhere around 1/4 or 1/5 of our average CPC on Google.” Another analyst ran CPC rates on specific search terms and came up with somewhat higher rates for Bing (see below) but the discount is still 49% to 71% on Bing.

From an advertisers perspective, that should be great. As the analyst above notes, “You may argue that fewer people see your ads on Bing, and that’s true. But since you are paying per click, you have a much better chance of getting lower costs per lead or conversion from Bing.”

But what this means is that even if an advertiser pays for a search term on both Google and Bing, Microsoft will likely get less than half the clicks because of its lower share of users, but it will collect something like one-third the revenue per click — translating into something like one-sixth of the revenue compared to Google on any advertising buy by an advertiser. On top of that, Microsoft has to share some of that revenue with Yahoo! based on whatever the details of its arrangement call for on the search going through that site.

So since Microsoft has to pay many of the same fixed costs as Google to build and maintain its search engine, it’s no wonder Microsoft is buried in red ink.

Is Google Receiving a Monopoly Price for Online Advertising? The question is why there is such a large CPC discount for Bing. Any market leader like Google often has some kind of premium on the price of its product but when the price is so disproportionately high compared to its competitors, that raises a serious red flag that anti-competitive monopoly behavior is at play. When a company receives a premium price two, three and even four times as much as its main competitor, that should raise alarms about monopoly power and pricing.

Part of the explanation is no doubt Google’s overwhelming control of user information, which it uses to target ads on behalf of advertisers — in ways I’ve noted harm consumer interests.

But unseen to many consumers is the concern that Google also controls other aspects of the advertising infrastructure in ways that entrenches its monopoly power. Many raised alarm when Google proposed a $400 million purchase of AdMeld, a large company involved previously in helping sell ads to companies like Google itself). Last week, the Department of Justice announced it was expanding its antitrust investigation of the acquisition. The AdMeld buy follows Google absorbing a series of other key online advertising companies, from its $3 billion DoubleClick purchase back in 2007, its $750 million purchase of mobile advertiser AdMob in 2009, as well as InviteMedia, Teracent and other smaller purchases in the online advertising ecosystem.

Google is an advertising company and evidence of its ability to extract a monopoly price premium from advertisers is a key siren call to investigators to see if Google is abusing monopoly power and its overall damage to the whole online ecosystem of e-commerce.


Follow Nathan Newman on Twitter:

www.twitter.com/nathansnewman

How To Watch Fedor Vs. Henderson On Televsion, At A Bar Or Anywhere Else

MMA Senior Editor

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Want to know how to watch Strikeforce: Fedor vs. Overeem tonight? MMA Nation explains and lays out all of your television, bar and online viewing options.

Follow @MMANation on Twitter, and

Like MMA Nation on Facebook.

Jul 30, 2011 – Beginning at 10 p.m. ET tonight, the main and televised portion of the card for Strikeforce: Fedor vs. Henderson kicks off. In the main event, former PRIDE heavyweight champion Fedor Emelianenko will face current Strikeforce light heavyweight champion Dan Henderson in a heavyweight showdown. In the co-main event, Strikeforce women’s welterweight champion Marloes Coenen will defend her title against challenger Miesha Tate.

The question is: how can you watch tonight’s events? While there are a few options, it’s not as simple as watching the UFC. Unlike the UFC, which offers the event on pay-per-view for television and nearly half a dozen other platforms, your options with Strikeforce are limited.

Let’s talk about the television options. The main card portion of the event airs on Showtime. That will begin as aforementioned at 10 p.m. ET. To figure out how to get Showtime or to order the channel for a special discounted price, go here.

For our overseas viewers, some cable providers do carry the fight. You’re in luck if you live in the UK or in various locations across South East Asia. For those in the United Kingdom, Primetime will be carrying the fights live. That’s channel 480, according to Primetime itself. In addition, If you live in Southeast Asia, check if your cable provider carries Tiger Gate. You can do that here.

What about at a bar with other mixed martial arts or Strikeforce fans?

This is where you have to do some grunt work. The truth is this: you’re going to have to be crafty. I’ve noticed several bars in town where I live (Washington, DC) that are carrying tonight’s fights, but I only discovered that by accident. Unlike the UFC which offers a searchable database (http://bars.ufc.com/) of bars that carry their events, Strikeforce doesn’t have any resource or database of participating bars. Still, what I have noticed locally is the bars that carry UFC are precisely the same ones advertising they are carrying Strikeforce fights. My recommendation: use the UFC bar finder to locate a watering hole close to you, give them a call and see if they’re carrying the event. It’s not precise, but it’s better than not watching at all and at least you aren’t calling places at random. It’s far more likely a bar that caters to UFC fans and showcases MMA would be willing to also carry Strikeforce events.

No matter how you watch, be sure to come back to MMA Nation for all of your Strikeforce results and coverage tonight.

Good luck and enjoy the fights.

Follow @MMANation on Twitter, and

Like MMA Nation on Facebook.

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Luke Thomas

MMA Senior Editor

Luke Thomas is the former Editor in Chief of Bloody Elbow, one of SB Nation’s MMA blogs. He’s also the host of the MMA Nation radio program on 106.7 The Fan in Washington, D.C.


CrowdGather (CRWG) Reports Record Q4 and Year-End Financial Results

By Justin Kuepper · Friday, July 29th, 2011

CrowdGather (OTCBB: CRWG), a leading provider of forum communities on the Internet, similar to companies like Quepasa Corporation (Amex: QPSA) and IAC/InterActiveCorp (Nasdaq: IACI), recently reported record fourth quarter and year-end financial results.

One of the leading networks of forum communities on the Internet, CrowdGather (OTCBB: CRWG), recently announced financial results for the fourth quarter and fiscal year ended April 30, 2011.

The Company reported revenues of $407,741 for the fourth quarter of fiscal 2011, an increase of 252% from the $115,630 reported for the fourth quarter of fiscal 2010. For the fiscal year ended April 30, 2011, the Company reported revenues of $1,580,957, an increase of 410% from the $309,781 reported for fiscal 2010. Gross profit for the fiscal year ended April 30, 2011 was $805,443 an increase of 160% from the $309,781 reported for fiscal 2010.

“2011 was a watershed year for us,” said Sanjay Sabnani, CrowdGather’s Chairman and CEO. “During our fiscal year, we rapidly transitioned from being a fledging underfunded technology company into a significant publisher network comprised entirely of forums.”

Net loss for the 2011 fiscal year decreased to $2,812,228 or $.06 per share, versus a net loss of $3,429,694 or $.08 for the fiscal year ended April 30, 2010.

The improved fiscal 2011 financial results are the result of higher fiscal 2011 revenue and gross profit along with lower interest and other expenses, offset by higher operating expenses. The increase in revenue and gross profit was primarily attributable to increasing advertising revenue from the Company’s branded and hosted forum properties plus revenue generated from Adisn’s display and per-action advertising campaigns. Acquired in June 2010, Adisn did not impact the Company’s fiscal 2010 results, but contributed significantly during fiscal 2011.

The decline in interest and other expenses for fiscal 2011 is the result of the conversion of approximately $2.0 million of debt and interest into equity during the fourth quarter of fiscal 2010. The conversion resulted in a fiscal 2011 year-over-year decline in interest expense and debt amortization of $869,182. Additionally, fiscal 2010 results included a loss on the settlement of the debt of $563,571 versus a gain on the settlement of the debt of $73,628 for fiscal 2011.

A $1,286,962 year-over-year increase in general and administrative expenses for fiscal 2011 mostly offset the higher gross profit and improved other expense results. CrowdGather expects GA to remain stable during fiscal 2012.

In an effort to continue expanding the Company’s reach and prominence as a leading network for forum members, owners and advertisers, CrowdGather completed a number of acquisitions during the fiscal year ended April 30, 2011. Management is constantly evaluating new opportunities that could immediately contribute to revenue and help the Company reach profitability. During the past fiscal year and since April 30, 2011, CrowdGather has completed the following acquisitions.

June 2010: Adisn, Inc. – provided both an advertising platform and ad server technology that we anticipate leveraging to optimize vertical delivery of ads throughout all of our forum properties.

July 2010: Lefora Websites – remotely hosted forum platform that allows users to create a modern looking forum for free.

March 2011: DigiShopTalk.com – one of the largest (non-store / product sales related) digital scrapbooking sites on the internet.

April 2011: Forumer.com – free forum hosting company which serves 35 million monthly page views across 200,000 active forums.

April 2011:

Pocketables.net – community provides relevant news, reviews and commentary about ultra mobile computers, internet devices and other handheld technology.

May 2011:

PbNation.com – one of the world’s largest online paintball communities.

June 2011:

Writers.net – acquired the domain name, website and other assets related to this community, a directory of writers, editors, publishers and literary agents.

The acquisition of Adisn was significant as its ad server technology should enable the efficient delivery of vertically targeted ads to all of the Company’s forum properties. This technology will help generate key analytics and tracking measures, and will enhance ad revenue by enabling higher value advertising campaigns. This technology is expected to go live by the end of January, 2012.

“In 2011, we subsidized our working capital deficit through a few non-core revenue opportunities. Part of these non-core revenue streams were opportunistic such as performing services for hire, or Adisn’s pay-per-action campaigns where we purchased advertising inventory speculatively in the hopes of generating a sufficient volume of actions in order to generate positive margin,” Sabnani continued. “We have learned a great deal from this experience, and subsequent to our financing round in February, we have streamlined our efforts into pursuing revenue primarily from our forum network and Adisn’s display ad server technology. As a result of this transition, we may experience a flatter revenue ramp in the near-term, but expect a much higher margin to contribute to overhead and work towards break-even. We currently have adequate cash available for additional acquisitions and day-to-day operations. We continue to source and identify acquisition opportunities that the Company believes can immediately contribute to revenue and gross profit.”

In March 2011, the Company raised over $7.85 million as part of its strategy to continue expanding its forum footprint by acquiring valuable properties, while also maintaining the appropriate resources to conduct operations. Management believes it has sufficient working capital to maintain operations and conduct further acquisitions to reach break-even without additional financing. CrowdGather ended fiscal 2011 with approximately $6.7 million of cash and as of July 28, 2011 had a cash balance of approximately $4.5 million, net of recent acquisitions.

During April 2011, the Company reached over 140 million monthly page views across all properties compared to 78 million monthly page views during April 2010, and had 15 million monthly unique visitors compared to 7 million monthly uniques a year earlier. As of April 30, 2011, approximately 15.5 million users have registered on Company network sites, with 24.8 million total discussions and over 262 million individual replies. Based upon current statistics from Google analytics, CrowdGather’s network of forums is currently generating approximately 150 to 155 million monthly page views and 15 to 17 million monthly unique visitors. Additionally, approximately 16 million users have registered on CrowdGather Network sites to date with 28 million total discussions comprising over 350 million individual replies.

As of today, the Company anticipates generating baseline fiscal 2012 advertising revenue of at least $1.9 million driven by current monthly page views and unique visitors. Although the Company believes it has a strong pipeline of potential acquisition candidates for fiscal 2012, revenue guidance is exclusive of any potential acquisition contribution. The Company anticipates using the majority of its current cash reserves for acquisitions and anticipates additional leverage of approximately $2 to $3 million in equity to allocate towards acquisitions depending on the share price at the time a transaction is consummated. Based upon the anticipated timing for these acquisitions, the Company believes that their contribution could drive a steeper increase in revenues towards the third and fourth fiscal quarters of 2012. Additional factors that could contribute to better than anticipated revenue include the successful integration of the Adisn ad server with the Company’s hosted forums or the successful social media launch of a product in partnership with Human Pheromone Sciences.

For an additional overview of the Company and other details, please join us for our financial results conference call on Thursday, July 28, 2011 at 2:00 PT. The live call-in information is: 1-877-941-4775, passcode 4460195 and the replay, which will be available until 11:59pm on August 4, 2011, can be reached by dialing 1-800-406-7325, passcode 4460195#.

About CrowdGather, Inc.

With its growing portfolio of special interest forums and enthusiast message board communities, CrowdGather (www.crowdgather.com) has created a centralized network to benefit forum members, forum owners and forum advertisers. CrowdGather provides a highly interactive and informational social network for members, a management and revenue-sharing resource for third-party forum owners, and a largely untapped advertising network for marketers worldwide.

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company’s growth and business strategy. Words such as “expects,” “will,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates,” and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company’s business; competitive factors in the market(s) in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Click Here to View Financial Statements

CONTACT: 888-288-5215 · Please read our Full Disclaimer pertaining to this article.

CrowdGather, Inc. Announces Fourth Quarter and Record 2011 Year-End Results

WOODLAND HILLS, Calif., Jul 28, 2011 (BUSINESS WIRE) —
–Strategic Acquisitions of Forums Boost Audience and Revenue

–Total Network Pageviews and Monthly Unique Visitors Double from July 2010

–Pipeline of New Opportunities Drives Positive Outlook for FY2012

–Annual Conference Call to Discuss Results at 2 PM PT Today

One of the leading networks of forum communities on the Internet,
CrowdGather


/quotes/zigman/509143 CRWG
+10.59%



, today announced financial results for the
fourth quarter and fiscal year ended April 30, 2011.

The Company reported revenues of $407,741 for the fourth quarter of
fiscal 2011, an increase of 252% from the $115,630 reported for the
fourth quarter of fiscal 2010. For the fiscal year ended April 30, 2011,
the Company reported revenues of $1,580,957, an increase of 410% from
the $309,781 reported for fiscal 2010. Gross profit for the fiscal year
ended April 30, 2011 was $805,443 an increase of 160% from the $309,781
reported for fiscal 2010.

“2011 was a watershed year for us,” said Sanjay Sabnani, CrowdGather’s
Chairman and CEO. “During our fiscal year, we rapidly transitioned from
being a fledging underfunded technology company into a significant
publisher network comprised entirely of forums.”

Net loss for the 2011 fiscal year decreased to $2,812,228 or $.06 per
share, versus a net loss of $3,429,694 or $.08 for the fiscal year ended
April 30, 2010.

The improved fiscal 2011 financial results are the result of higher
fiscal 2011 revenue and gross profit along with lower interest and other
expenses, offset by higher operating expenses. The increase in revenue
and gross profit was primarily attributable to increasing advertising
revenue from the Company’s branded and hosted forum properties plus
revenue generated from Adisn’s display and per-action advertising
campaigns. Acquired in June 2010, Adisn did not impact the Company’s
fiscal 2010 results, but contributed significantly during fiscal 2011.

The decline in interest and other expenses for fiscal 2011 is the result
of the conversion of approximately $2.0 million of debt and interest
into equity during the fourth quarter of fiscal 2010. The conversion
resulted in a fiscal 2011 year-over-year decline in interest expense and
debt amortization of $869,182. Additionally, fiscal 2010 results
included a loss on the settlement of the debt of $563,571 versus a gain
on the settlement of the debt of $73,628 for fiscal 2011.

A $1,286,962 year-over-year increase in general and administrative
expenses for fiscal 2011 mostly offset the higher gross profit and
improved other expense results. CrowdGather expects GA to remain stable
during fiscal 2012.

In an effort to continue expanding the Company’s reach and prominence as
a leading network for forum members, owners and advertisers, CrowdGather
completed a number of acquisitions during the fiscal year ended April
30, 2011. Management is constantly evaluating new opportunities that
could immediately contribute to revenue and help the Company reach
profitability. During the past fiscal year and since April 30, 2011,
CrowdGather has completed the following acquisitions:



        June 2010:    Adisn, Inc. - provided both an advertising platform and ad server
                      technology that we anticipate leveraging to optimize vertical
                      delivery of ads throughout all of our forum properties.
        July 2010:    Lefora Websites - remotely hosted forum platform that allows users
                      to create a modern looking forum for free.
        March 2011:   DigiShopTalk.com - one of the largest (non-store / product sales
                      related) digital scrapbooking sites on the internet.
        April 2011:   Forumer.com - free forum hosting company which serves 35 million
                      monthly page views across 200,000 active forums.
        April 2011:   Pocketables.net - community provides relevant news, reviews and
                      commentary about ultra mobile computers, internet devices and
                      other handheld technology.
        May 2011:     PbNation.com - one of the world's largest online paintball
                      communities.
        June 2011:    Writers.net - acquired the domain name, website and other assets
                      related to this community, a directory of writers, editors,
                      publishers and literary agents.
        


The acquisition of Adisn was significant as its ad server technology
should enable the efficient delivery of vertically targeted ads to all
of the Company’s forum properties. This technology will help generate
key analytics and tracking measures, and will enhance ad revenue by
enabling higher value advertising campaigns. This technology is expected
to go live by the end of January, 2012.

“In 2011, we subsidized our working capital deficit through a few
non-core revenue opportunities. Part of these non-core revenue streams
were opportunistic such as performing services for hire, or Adisn’s
pay-per-action campaigns where we purchased advertising inventory
speculatively in the hopes of generating a sufficient volume of actions
in order to generate positive margin,” Sabnani continued. “We have
learned a great deal from this experience, and subsequent to our
financing round in February, we have streamlined our efforts into
pursuing revenue primarily from our forum network and Adisn’s display ad
server technology. As a result of this transition, we may experience a
flatter revenue ramp in the near-term, but expect a much higher margin
to contribute to overhead and work towards break-even. We currently have
adequate cash available for additional acquisitions and day-to-day
operations. We continue to source and identify acquisition opportunities
that the Company believes can immediately contribute to revenue and
gross profit.”

In March 2011, the Company raised over $7.85 million as part of its
strategy to continue expanding its forum footprint by acquiring valuable
properties, while also maintaining the appropriate resources to conduct
operations. Management believes it has sufficient working capital to
maintain operations and conduct further acquisitions to reach break-even
without additional financing. CrowdGather ended fiscal 2011 with
approximately $6.7 million of cash and as of July 28, 2011 had a cash
balance of approximately $4.5 million, net of recent acquisitions.

During April 2011, the Company reached over 140 million monthly page
views across all properties compared to 78 million monthly page views
during April 2010, and had 15 million monthly unique visitors compared
to 7 million monthly uniques a year earlier. As of April 30, 2011,
approximately 15.5 million users have registered on Company network
sites, with 24.8 million total discussions and over 262 million
individual replies. Based upon current statistics from Google analytics,
CrowdGather’s network of forums is currently generating approximately
150 to 155 million monthly page views and 15 to 17 million monthly
unique visitors. Additionally, approximately 16 million users have
registered on CrowdGather Network sites to date with 28 million total
discussions comprising over 350 million individual replies.

As of today, the Company anticipates generating baseline fiscal 2012
advertising revenue of at least $1.9 million driven by current monthly
page views and unique visitors. Although the Company believes it has a
strong pipeline of potential acquisition candidates for fiscal 2012,
revenue guidance is exclusive of any potential acquisition contribution.
The Company anticipates using the majority of its current cash reserves
for acquisitions and anticipates additional leverage of approximately $2
to $3 million in equity to allocate towards acquisitions depending on
the share price at the time a transaction is consummated. Based upon the
anticipated timing for these acquisitions, the Company believes that
their contribution could drive a steeper increase in revenues towards
the third and fourth fiscal quarters of 2012. Additional factors that
could contribute to better than anticipated revenue include the
successful integration of the Adisn ad server with the Company’s hosted
forums or the successful social media launch of a product in partnership
with Human Pheromone Sciences.

For an additional overview of the Company and other details, please join
us for our financial results conference call on Thursday, July 28, 2011
at 2:00 PT. The live call-in information is: 1-877-941-4775, passcode
4460195 and the replay, which will be available until 11:59pm on August
4, 2011, can be reached by dialing 1-800-406-7325, passcode 4460195#.

About CrowdGather, Inc.

With its growing portfolio of special interest forums and enthusiast
message board communities, CrowdGather (
www.crowdgather.com )
has created a centralized network to benefit forum members, forum owners
and forum advertisers. CrowdGather provides a highly interactive and
informational social network for members, a management and
revenue-sharing resource for third-party forum owners, and a largely
untapped advertising network for marketers worldwide.

This press release contains forward-looking statements (as defined in
Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended) concerning future
events and the Company’s growth and business strategy. Words such
as “expects,” “will,” “intends,” “plans,” “believes,” “anticipates,”
“hopes,” “estimates,” and variations on such words and similar
expressions are intended to identify forward-looking statements.
Although the Company believes that the expectations reflected in such
forward-looking statements are reasonable, no assurance can be given
that such expectations will prove to have been correct. These statements
involve known and unknown risks and are based upon a number of
assumptions and estimates that are inherently subject to significant
uncertainties and contingencies, many of which are beyond the control of
the Company. Actual results may differ materially from those expressed
or implied by such forward-looking statements. Factors that could
cause actual results to differ materially include, but are not limited
to, changes in the Company’s business; competitive factors in the
market(s) in which the Company operates; risks associated with
operations outside the United States; and other factors listed from time
to time in the Company’s filings with the Securities and Exchange
Commission. The Company expressly disclaims any obligations or
undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change in the
Company’s expectations with respect thereto or any change in events,
conditions or circumstances on which any statement is based.



        
                                                   CROWDGATHER, INC.
                                              CONSOLIDATED BALANCE SHEETS
        ------------------------------------------------------------------------------------------
                                                                     April 30, 2011         April 30, 2010
                                                                  ------------------     ------------------
                                                        ASSETS
        Current assets
           Cash                                                      $  6,667,901           $    589,408
           Accounts receivable                                            243,917                      -
           Advance to employee                                                  -                 25,615
           Prepaid expenses and deposits                                   49,729                 17,224
                                                                       ----------             ----------
                Total current assets                                    6,961,547                632,247
        Property and equipment, net of accumulated                        172,751                 82,721
        depreciation of $140,804 and $62,849, respectively
        Intangible assets, net of accumulated amortization of           5,811,707              1,980,663
        $30,940 and $0, respectively
        Goodwill                                                        4,360,176                      -
                                                                       ----------             ----------
                                                                     $ 17,306,181           $  2,695,631
                Total assets
                                                                  ==== ========== ====   ==== ========== ====
                                         LIABILITIES AND STOCKHOLDERS' EQUITY
        Current liabilities
           Accounts payable                                          $     82,805           $    103,193
           Accrued vacation                                                13,111                 40,633
           Other accrued liabilities                                       64,035                 63,871
                                                                       ----------             ----------
                Total current liabilities                                 159,951                207,697
        Stockholders' equity
        Preferred Series A stock, $0.001 par value, 25,000,000                  -                      -
        shares authorized,-0- shares issued and
        outstanding
        Common stock, $0.001 par value, 975,000,000 shares                 57,089                 39,823
        authorized, 57,089,408 and 39,822,748 issued and
        outstanding, respectively
        Common stock obligation                                         3,784,322                      -
        Additional paid-in capital                                     22,432,597              8,763,661
        Accumulated deficit                                            (9,127,778)           (6,315,550)
                                                                       ---------- ----        ---------- ----
                Total stockholders' equity                             17,146,230              2,487,934
                                                                       ----------             ----------
                Total liabilities and stockholders' equity           $ 17,306,181           $  2,695,631
                                                                  ==== ==========        ==== ==========
        




        
                                                 CROWDGATHER, INC.
                                       CONSOLIDATED STATEMENTS OF OPERATIONS
                                    FOR THE YEARS ENDED APRIL 30, 2011 AND 2010
        --------------------------------------------------------------------------------------
                                                                         2011                 2010
                                                                  -------------------  -------------------
        Revenue                                                     $  1,580,957         $    309,781
        Cost of revenue                                                  775,514                    -
                                                                      ----------           ----------
        Gross profit                                                     805,443              309,781
        Operating expenses
          Payroll and related expenses                                   881,857              783,636
          General and administrative                                   2,806,827            1,519,865
                                                                      ----------           ----------
             Total operating expenses                                  3,688,684            2,303,501
        Loss from operations                                          (2,883,241)         (1,993,720)
        Other income (expense):
           Interest income                                                 2,590                1,984
           Interest expense                                               (4,405)           (146,230)
                                                                               -             (727,357)
           Interest expense, debt discount amortization
           Gain (loss) on extinguishment of debt                          73,628             (563,571)
                                                                      ----------           ---------- ---
                 Other income (expense), net                              71,813           (1,435,174)
                                                                      ----------           ---------- ---
        Net loss before provision for income taxes                    (2,811,428)         (3,428,894)
        Provision for income taxes                                           800                  800
                                                                      ----------           ----------
        Net loss                                                    $ (2,812,228)       $ (3,429,694)
                                                                  --- ---------- ---   --- ---------- ---
        Weighted average shares outstanding- basic and diluted        44,904,994           41,190,817
                                                                  === ========== ===   === ========== ===
        Net loss per share - basic and diluted                      $      (0.06)       $      (0.08)
                                                                  === ========== ===   === ========== ===
        


SOURCE: CrowdGather, Inc.



        
        CrowdGather, Inc. 
        Investor Contact: 
        Sanjay Sabnani, 818-435-2472 x 101 
        sanjay@crowdgather.com 
        or 
        Media Contact: 
        Stacy Dimakakos, 917-981-5501 
        stacy@publicworldwide.com
        


Copyright Business Wire 2011

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