TheDirectory.com Closes Acquisition; Secures $5,000,000 Financing Facility
Marketwire "Press Releases"
TheDirectory.com also announced today that it has secured a
The acquired assets boost 1580 locally targeted city guides that collectively generate over 5 million unique users per month. The acquired technology will be integrated into TheDirectory.com network. As part of the transaction TheDirectory.com also acquired the trademark to the term "Hyper Local."
TheDirectory.com founder and CEO
TheDirectory.com is a diversified Local and Vertical 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.PodiatristProfiles.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.
Forward Looking Statements
This press 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. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein, are included in the Company's filings with the
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