Reports First Quarter Results

Jun 04, 2009, 09:52 ET from

GRAND RAPIDS, Mich., June 4 /PRNewswire-FirstCall/ -- (Pink Sheets: ADTY), a Grand Rapids, Mich.-based company specializing in Internet advertising networks and services, today reported its results for the first quarter ended March 31, 2009.

The Company's unaudited results included net income of $43,000 for the first quarter on net revenues of $2.65 million, compared with a net income of $34,000 on net revenues of $4.3 million for the same quarter last year.

"Given the current economic climate, we were not surprised by the soft demand we experienced during the first quarter," said President and CEO Scott Brew. "By maintaining a scalable and efficient infrastructure and operating model we were successful in keeping our bottom line positive, despite the reduction in revenue. We remain optimistic for the reminder of 2009, and we will continue to navigate the rest of this year with the flexibility that is needed."

Adtegrity reported serving more than 14.8 billion ad impressions during the first quarter. More than 65 million customers were delivered to client Web sites, generating nearly 1.5 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.