NEW YORK, June 4, 2012 /PRNewswire/ -- Grandparents.com (OTCBB: GPCM), the Ultimate Resource for Grandparents™ and a premier social media website for Americans over 50, is pleased to announce that over 200,000 new members joined the organization in April and May. The company's 50% growth in two months makes it one of the fastest-growing online membership organizations. This growth is all the more notable in light of the fact that the Company's primary marketing and promotional initiatives have not yet been introduced. Grandparents.com's current membership stands at 610,000.
Steve Leber, Chairman and Co-Chief Executive Officer, said, "Grandparents.com grew exponentially in the past two months because for far too long one of our nation's largest, wealthiest and most wired consumer markets has been underserved and overlooked. Our grandparents are America's greatest national resource, and a rapidly expanding market that we at Grandparents.com are uniquely prepared to serve as grandparents become more 'tech savvy' each and every day." According to a July 2011 'Met Life Report on American Grandparents,' by 2020, 80 million Americans will be grandparents – that's one in every three U.S. adults!
Mr. Leber added, "At Grandparents.com, we are dedicated to providing every 50+ American relevant information, entertainment, advice and services they can trust, and making sure they can access it simply and quickly whether they're using the web, mobile technologies or the social media networks they're embracing at an accelerating rate."
About Grandparents.com At Grandparents.com, our goal is to connect and inspire today's families. As the Ultimate Resource for Grandparents™, we seek to strengthen the ties between family members by promoting wellbeing, and by providing smart information and expert advice on what really matters to our members, from health and money to travel and retirement. Our stories and videos celebrate the role of grandparents, and encourage them to tell their own stories, passing on a meaningful legacy to their children and grandchildren. As we approach the official Grandparent's Day launch of our new website and App, we will be unveiling new, enriching experiences for our users.
Forward-Looking Statements Various statements in this release, including those that express a belief, expectation or intention, may be considered "forward-looking statements" that involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. The forward-looking statements may include projections and estimates concerning the timing and success of specific projects, including, without limitation, the re-launch of our website, the release of our App, PhotoVideogram™, and Grand Inspirations™. Forward-looking statements may also include projections and estimates concerning our future operating results and financial condition. When we use the words "will," "believe," "intend," "expect," "may," "should," "anticipate," "could," "estimate," "plan," "predict," "project," or their negatives, or other similar expressions, the statements which include those words are usually forward-looking statements. When we describe strategy that involves risks or uncertainties, we are making forward-looking statements. The forward-looking statements in this press release speak only as of the date of this press release; we disclaim any obligation to update these statements. We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control.
SOURCE Grandparents.com, Inc.