Reports 2008 Results

Feb 25, 2009, 09:11 ET from

GRAND RAPIDS, Mich., Feb. 25 /PRNewswire-FirstCall/ -- (Pink Sheets: ADTY), a Grand Rapids, Mich.-based company specializing in Internet advertising networks and services, today reported its results for its fourth quarter and full year ended December 31, 2008.

The Company's unaudited results included net income of $28,644 for the fourth quarter on net revenues of $3.27 million, compared with a net loss of $100,753 on net revenues of $3.2 million for the same quarter last year. Adtegrity's audited full-year results included net income of $251,371 on net revenues of $15.7 million, compared with net income of $50,358 on total net revenues of $11.6 million in 2007.

"While 2008 was a solid year, we face significant uncertainty going forward in the current economic environment," said president and CEO Scott Brew. "We will continue to navigate this upcoming year with the flexibility that is needed, while remaining optimistic about the opportunities that lie ahead."

Adtegrity reported serving more than 22.7 billion ad impressions during the fourth quarter, generating nearly 9.7 million new customers for advertisers.'s primary business is the delivery of interactive advertising and marketing services. Since its founding in 1999, the Company has established itself as a results-driven, customer-focused firm consistently ranking among the top 10 online advertising networks in the world. Adtegrity currently serves thousands of website clients and delivers billions of advertising impressions each month to tens of millions of unique users. For more information, visit

Forward-Looking Statements: This news release may include certain forward-looking statements including, but not limited to, projections of revenue, income or loss and capital expenditures, statements regarding future operations, financing needs, plans relating to products or services of the Company, assessments of materiality, predictions of future events and the effects of pending and possible litigation, as well as assumptions relating to the foregoing. In addition, when used in this discussion, the words "anticipates," "believes," "estimates," "expects," "intends," "plans," "should," and variations thereof and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are subject to various risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors, including but not limited to the Company's ability to manage rapid growth as a result of internal expansion and strategic acquisitions, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, the regulatory environment, fluctuations in operating results and other risks.