SUNNYVALE, Calif., Sept. 12, 2011 /PRNewswire/ -- FriendFinder Networks Inc. (Nasdaq: FFN) earlier today announced the acquisition of BDM Global Ventures Ltd., the company which owns the operations of JigoCity.
Marc Bell, FriendFinder Networks' Chief Executive Officer, will appear on Fox Business Network to discuss the acquisition and its potential impact on the Company's operations in the future. Please tune in to Fox Business Network on Tuesday, September 13, 2011 during the 11:00 am EDT hour. Marc Bell will be interviewed by anchors Dagen McDowell and Connell McShane.
Also on Tuesday, September 13, 2011, please look for full-page advertisements in the New York City metro editions of the Wall Street Journal and New York Times (Business Section) commemorating this acquisition.
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and projections and, consequently, you should not rely on these forward looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.
Additional information concerning these and other risk factors is contained in the Company's most recent filings with the SEC. All subsequent written and oral forward-looking statements concerning the Company are expressly qualified in their entirety by the cautionary statements above. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based.
This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, nor shall there be any sale of the Company's securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
About FriendFinder Networks Inc.
FriendFinder Networks Inc. (www.FFN.com) is an internet-based social networking and technology company operating several of the most heavily visited websites in the world, including AdultFriendFinder.com, Amigos.com, AsiaFriendFinder.com, Cams.com, FriendFinder.com, BigChurch.com and SeniorFriendFinder.com. FriendFinder Networks Inc. also produces and distributes original pictorial and video content and engages in brand licensing.
JigoCity Daily Deals launched in 2010 as a suite of global, high quality daily deals websites that offer great discounts of up to 91% off the best local experiences while offering businesses a targeted marketing tool for attracting new customers. Founded by a group of global entrepreneurs, JigoCity is dedicated to delivering top daily group buying deals featuring shopping, beauty, entertainment and travel. JigoCity has offices in Australia, Korea, Hong Kong, Singapore, Malaysia, Taiwan, China, Brazil and Los Angeles and is growing. For more information about JigoCity please visit www.jigocity.com, www.jigocity.com.au, www.jigocity.com.tw, www.jigocity.com.hk, www.jigocity.com.my or www.jigocity.com.sg.
Investor Contact for FriendFinder Networks Inc.
Brian M. Prenoveau, CFA
Director, Investor Relations
561.912.7035 or firstname.lastname@example.org
Media Contact for FriendFinder Networks Inc.
Director, Corporate Communications
561.912.7010 or email@example.com
SOURCE FriendFinder Networks Inc.