InfoSearch Media, Inc. Completes $5.35 Million Private Placement Financing
07 Noviembre 2005 - 3:00PM
PR Newswire (US)
MARINA DEL REY, Calif., Nov. 7 /PRNewswire-FirstCall/ -- InfoSearch
Media (OTC:ISHM) (BULLETIN BOARD: ISHM) , a leading online media
and search firm, today announced that it has completed its
previously announced $5.35 million private placement financing. RBC
Capital Markets acted as exclusive placement agent for the
financing. The proceeds are expected to be used to drive InfoSearch
Media's growth strategy as the leader in Internet content
optimization and to develop new products targeting the significant
shift in marketing expenditures moving from traditional media to
the internet. About InfoSearch Media InfoSearch Media
(http://www.infosearchmedia.com/) helps businesses succeed on the
web by implementing content-based solutions that can simultaneously
increase online search engine rankings and website sales
performance. Priced for the small and medium sized business,
Infosearch Media drives website performance through its two
products: ContentLogic and ArticleInsider. ContentLogic is targeted
content developed by InfoSearch Media and implemented directly on
our client's website. Utilizing sophisticated content and keywords
analytics, ContentLogic provides new customers to the website
through improved search engine rankings. Upon arriving on our
client's website, our content solution provides an information
appropriate environment engineered to stimulate a sale. InfoSearch
Media offers this product primarily on a month-to-month leasing
plan. Many small business owners prefer the month-to-month plan
which provides lower upfront cost without a long term commitment.
ArticleInsider is for clients who want to provide increased and
improved traffic to their existing website in the form of highly
qualified leads. Unlike ContentLogic, this product is not
implemented on the client's website, but rather on InfoSearch
Media's http://www.articleinsider.com/ website. Using the same
InfoSearch content and keyword analytics, this product is written
in the form of a general informational article, focused on the
customer's business topic. Our clients sponsor a prominent link on
that page, achieve significantly higher click-through rates than
industry averages and pay in the now traditional cost per click
method. Between ContentLogic and ArticleInsider, InfoSearch Media
currently has over 5,000 clients, primarily small and medium sized
business but also large companies such as Netflix, Newegg.com,
Pitney Bowes, Cardservice International and Price.com, among
others. Safe Harbor Statement This release contains
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, including, without limitation, those
statements regarding the expected closing of the private placement
financing. Such statements speak only as of the date of this
release, and we will not necessarily provide updates of our
projections or other forward-looking statements. Such
forward-looking statements involve risks and uncertainties that, if
realized, could materially impair the InfoSearch Media's results of
operations, business, and financial condition. These
forward-looking statements may be affected by the risks and
uncertainties inherent in the search engine market and in the
InfoSearch Media's business including decreased demand for our
products and services; flaws inherent in our products or services;
intense competition; failure to maintain relationships with
strategic partners and content providers, and general economic
conditions that could cause actual results to differ materially
from those projected. This information is qualified in its entirety
by cautionary statements and risk factor disclosures contained in
the InfoSearch Media's reports filed with the Securities and
Exchange Commission, copies of which are available at the website
maintained by the SEC at http://www.sec.gov/. We undertake no
obligation to revise or update publicly any forward-looking
statement for any reason. Media Contacts: InfoSearch Media, Inc.
Frank Knuettel, II Chief Financial Officer 310-822-1103 DATASOURCE:
InfoSearch Media, Inc. CONTACT: Frank Knuettel, II, Chief Financial
Officer of InfoSearch Media, Inc., +1-310-822-1103, Web site:
http://www.infosearchmedia.com/ http://www.articleinsider.com/
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