VuMee receives its first revenues as traffic increases over 900%
POMPANO BEACH, Fla., Jan. 17, 2013 /PRNewswire/ -- VuMee (OTCBB: VUME) — VuMee is proud to announce it has realized its first revenue. According to Zenith OptiMedia, online advertising is the fastest growing medium with $88.5 billion in advertising expenditures in 2012 and expected to exceed $132.4 billion by 2015. VuMee has strategically aligned itself with 3 major advertising companies to produce revenue based on pre-roll and banner advertisement. VuMee has seen an increase of over 300% in unique visitors, over 400% in visits, and over a 900% increase in page views since their new roll out September 1, 2012. As VuMee.com viewership has increased it has started to see significant ad impressions which equates to advertising revenue.
"We have signed on with the largest ad agencies in the country and are excited to work with them," stated Michael Spiegel, CEO of VuMee. "In recent months we have invested in our social media and advertising campaigns which has directly assisted us in increasing our viewership," he continued.
VuMee is a digital mobile advertising platform designed to provide high profile individuals and brands the ability to connect with fans and consumers via engaging and entertaining video content. VuMee utilizes user-friendly push technology to help connect companies, brands and celebrities to targeted consumer segments. It acts as a unique platform to hear from consumers, build visual relationships and connect users with their favorite celebrities and brands through both mobile and PC platforms.
Certain of the above statements contained in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Actual results, events and circumstances (including future performance, results and trends) could differ materially from those set forth in such statements due to various factors, risks and uncertainties, including but not limited to, risks associated with the company's future growth and operating results, the uncertainty of market acceptance of the company's business plan, competitive factors and general economic conditions. VuMee has no duty and undertakes no obligation to update such statements.
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