Monthly traffic up 50% since beginning of 2011; Company sites
generate in excess of 135 million monthly pageviews and 13 million
monthly unique visitors
WOODLAND HILLS, Calif., Apr 18, 2011 (BUSINESS WIRE) --
One of the leading networks of forum communities on the Internet,
CrowdGather (OTCBB:CRWG) today announced that it has acquired the assets
of free forum hosting pioneer, Forumer.com.
Forumer, which serves 35 million monthly pageviews across 200,000 active
forums, joins CrowdGather's existing free forum hosting platforms FreeForums.org
and Lefora.com
in providing a wide range of alternatives to individuals seeking to
build communities online. With this purchase, CrowdGather's network
traffic has increased 50% this year to 135 million monthly pageviews and
13 million monthly unique visitors. This is up from 100 million monthly
pageviews just prior to the transaction and 90 million monthly pageviews
at the beginning of calendar 2011.
"In operation since 2003, Forumer has had a long history as a
destination for forum builders," said Sanjay Sabnani, CrowdGather's
Chairman and CEO. "We are excited to welcome them to the CrowdGather
family. Consolidation is taking place at a rapid place on the Internet
and forums are no different. We believe that we are building a strong
foundation, one which will allow us to become the Company of choice when
a forum owner decides to ultimately sell his or her community."
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.
SOURCE: CrowdGather, Inc.
CrowdGather, Inc.
Investor Contact:
Sanjay Sabnani
Phone: 818-435-2472 x 101
Email: sanjay@crowdgather.com
or
Media Contact:
Stacy Dimakakos
Phone: 917-981-5501
Email: stacy@publicworldwide.com
