Intelective Communications, Inc. to Sell Off a Percentage of its Domain Portfolio
Sacramento, CA (Business Wire) – July 31, 2007 – Intelective Communications, Inc.(tm) (OTC: WPNC: PK), an online advertising services company announced today that it will sell approximately 10 to 20 percent of its current Domain Names Portfolio via auction. As the company has decided that the current demand and high levels of pricing for domain names at this time could generate a significant rate of return on the company’s investment.
The company expects to sell approximately 100-200 of its domain names which represent 10-20% approximately of its current portfolio and expects to raise $50,000.00 to $75,000.00 dollars. These funds will be used to develop the other 500 or so domains in the portfolio, by building standalone web sites with customized content to enhance the value of the portfolio and individual domain names.
The company currently values its existing portfolio of domains to be approximately $200,000.00 to $400,000.00. With the build out of the balance of the portfolios of domain names and with the anticipated increased traffic and pay per click revenues that may be generated, the company estimates the value to be $2,000,000.00 to $3,000,000.00 dollars upon the completion of development of its entire domain portfolio.
“These are very exciting times for our company as we grow our domain portfolio and our consulting business. The online advertising industry is experiencing record revenues and growth and the future seems to indicate that the industry will continue its phenomenal expansion and we are positioning ourselves to leverage this growth,” said Lee Traupel, CEO of Intelective Communications, Inc.
About Intelective Communications, Inc.
Intelective Communications, Inc. (http://www.intelective.com) is a leading provider of online advertising services including: domain selection and development, pay per click campaign management, search engine optimization, online media buying and planning, web site design, search-targeted text and video content designed to generate search engine rankings for its client base. The company has an ad network of approximately 530 web sites that are targeted for the Finance, Automotive, Hispanic, Travel, Real Estate and general purpose Consumer markets.
Founded in 1999, Intelective Communications, Inc. is headquartered in the Sacramento, California area and is managed by an experienced team of executives. The company has partnered with market leaders in pay per click campaign management, technology providers and has strategic relationships with a number of outsourcing firms in the US and Asia.
Statements contained in this news release, other than those identifying historical facts, constitute 'forward-looking statements' within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
CONTACT: INTELECTIVE COMMUNICATIONS, INC.
Lee Traupel, 530.432.8764
Please click here to Contact us or call toll free 530.432.8764
"Working with Intelective Communications is pure joy and enlightenment. They are so much at the leading edge that it's
inspiring to be connected with them in any way."
-Jay Conrad Levinson, Author of Guerrilla Marketing book series and Marketing Pioneer
