AUSTIN, Texas, April 27, 2011 /PRNewswire/ -- eDoorways International Corporation (Pink Sheets: EDWY) is aiming high with discount merchandising software it is now piloting, hoping to place approximately $30 million to $50 million in coupon-related revenue in its coffers in the next 18 to 24 months. eDoorways has already published its objective to penetrate half of one percent of the general ecommerce market with sales that could be in the range of up to $500 million.
eDoorways is betting on its strategy of integrating recently announced VoucherHound technology developed by Paddington Media with its advanced collaborative platform featuring FlashChannels. eDoorways believes that the "distributive power" of its platform can become the technological means to greatly expand entrepreneurial initiative, and that it can establish a collaborative approach to empower hundreds of millions and eventually billions of people.
eDoorways' vision is that everyone is a potential entrepreneur in a vastly extended global marketplace, but this time reconfigured from the bottom up rather than from the top down. Millions of small- and medium-size enterprises and producer cooperatives will expand commercial opportunities on a lateral scale never before experienced.
Merchandisers will use their own custom-designed eDoorways FlashChannels equipped with VoucherHound software and enhanced targeting and connectivity technology to stand toe-to-toe with much larger competitors to reach consumers who are actually interested in and will buy their products and promotions. Most important, merchandisers will be able to seamlessly close the sale.
Consumers will benefit in terms of saved time, convenience and cost savings. The deals and merchandise they are presented with will be worth pursuing because they will have been subjected to eDoorways' enhanced targeting technology.
"The fact that Google and Facebook are coming into the discount merchandising market shows that it is very large and viable. Our timing is perfect. I believe we have something entirely unique that sets us apart," stated Gary Kimmons, CEO of eDoorways International Corporation.
For more information on eDoorways International Corporation and/or the "eDoorways" (www.eDoorways.com) initiative, please e-mail a package request to [email protected]. You can also visit our corporate website at www.eDoorwaysCorp.com, make comments via the corporate blog (www.eDoorways.wordpress.com), or follow us on Twitter (http://twitter.com/edoorways).
Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.
Heritage Corporate Services, Inc.
Jeffrey Staller, President
SOURCE eDoorways International Corporation