EX-99.1
7
f8k081808ex99i_adex.htm
PRESS RELEASE
f8k081808ex99i_adex.htm
Exhibit 99.1
ADEX
MEDIA ACQUIRES DIGITAL INSTRUCTOR
Acquisition
Expands AdEx Media into Online Continuity and Digital Products
Business
MOUNTAIN VIEW, CALIFORNIA AND
BOULDER, COLORADO
-
August 14, 2008 - AdEx
Media, Inc. (OTCBB: ADXM), a leading integrated online marketing company, today
announced that it has acquired Digital Instructor, LLC ("Digital Instructor"), a
top online continuity and digital products company based in Boulder,
Colorado. Digital Instructor develops consumer learning products
through proprietary technologies and distributes its products to customers
nationwide. For the fiscal year ending December 31, 2007, Digital
Instructor had consolidated revenues of approximately $4.8 million, consolidated
gross profit of approximately $4.4 million, and consolidated net income of
approximately $407,000. Terms of the transaction were not
disclosed.
The
addition of the Digital Instructor continuity business to AdEx Media's current
service offerings in affiliate marketing and lead generation will further
solidify AdEx Media's position as a clear leader in multi-channel customer
acquisition and retention.
"Through
the combination of organic growth and strategic acquisitions, we are building
AdEx Media into a true industry frontrunner", said Scott Rewick, Chief Executive
Officer of AdEx. "The addition of Digital Instructor gives AdEx Media another
suite of products to distribute through our diversified multi-channel
distribution network and enhances our overall leadership position with
advertisers and publishers. We welcome Digital Instructor to the AdEx
Media family, and we look forward to executing further on our strategy to build
value for our customers and shareholders".
"AdEx
Media's diversified platform and industry recognition in the lead generation and
advertising solutions sector presents obvious synergies with the Digital
Instructor business", stated Dennis Hefter, managing member of Digital
Instructor. "Combining with Adex Media will enable us to leverage our suite of
products with their multi-channel advertising, tracking, reporting, and
conversion-enhancing technologies more rapidly and at an even greater
scale."
About
Adex Media, Inc.
AdEx
Media operates one of the leading online direct marketing companies, with an
emphasis on successfully purchasing multi-channel sources of online media
distribution. Its proprietary tracking technology allows AdEx Media
to establish a large presence in a variety of distribution channels and deliver
volume and quality for its online advertisers.
For more
information about AdEx Media, visit
http://www.AdEx.com
.
Statements
in this press release that are not statements of historical or current fact
constitute "forward-looking statements." Such forward-looking
statements involve known and unknown risks, uncertainties and other unknown
factors that could cause the Company's actual operating results to be materially
different from any historical results or from any future results expressed or
implied by such forward-looking statements. In addition to statements
that explicitly describe these risks and uncertainties, readers are urged to
consider statements that contain terms such as "believes", "belief", "expects,"
"expect", "intends", "intend", "anticipate", "anticipates", "plans", "plan", to
be uncertain and forward-looking. The forward-looking statements
contained herein are also subject generally to other risks and uncertainties
that are described from time to time in the Company's filings with Securities
and Exchange Commission.
Contact
Investor
Relations
(650)
967-3040

EX - 99 . 1 7 f8k081808ex99i _ adex . htm PRESS RELEASE f8k081808ex99i _ adex . htm Exhibit 99 . 1 ADEX MEDIA ACQUIRES DIGITAL INSTRUCTOR Acquisition Expands AdEx Media into Online Continuity and Digital Products Business MOUNTAIN VIEW , CALIFORNIA AND BOULDER , COLORADO - August 14 , 2008 - AdEx Media , Inc . ( OTCBB : ADXM ) , a leading integrated online marketing company , today announced that it has acquired Digital Instructor , LLC ( " Digital Instructor " ) , a top online continuity and digital products company based in Boulder , Colorado . Digital Instructor develops consumer learning products through proprietary technologies and distributes its products to customers nationwide . For the fiscal year ending December 31 , 2007 , Digital Instructor had consolidated revenues of approximately $ 4.8 million , consolidated gross profit of approximately $ 4.4 million , and consolidated net income of approximately $ 407,000 . Terms of the transaction were not disclosed . The addition of the Digital Instructor continuity business to AdEx Media ' s current service offerings in affiliate marketing and lead generation will further solidify AdEx Media 's position as a clear leader in multi - channel customer acquisition and retention . " Through the combination of organic growth and strategic acquisitions , we are building AdEx Media into a true industry frontrunner " , said Scott Rewick , Chief Executive Officer of AdEx . " The addition of Digital Instructor gives AdEx Media another suite of products to distribute through our diversified multi - channel distribution network and enhances our overall leadership position with advertisers and publishers . We welcome Digital Instructor to the AdEx Media family , and we look forward to executing further on our strategy to build value for our customers and shareholders " . " AdEx Media 's diversified platform and industry recognition in the lead generation and advertising solutions sector presents obvious synergies with the Digital Instructor business " , stated Dennis Hefter , managing member of Digital Instructor . " Combining with Adex Media will enable us to leverage our suite of products with their multi - channel advertising , tracking , reporting , and conversion - enhancing technologies more rapidly and at an even greater scale . " About Adex Media , Inc . AdEx Media operates one of the leading online direct marketing companies , with an emphasis on successfully purchasing multi - channel sources of online media distribution . Its proprietary tracking technology allows AdEx Media to establish a large presence in a variety of distribution channels and deliver volume and quality for its online advertisers . For more information about AdEx Media , visit http://www.AdEx.com . Statements in this press release that are not statements of historical or current fact constitute " forward - looking statements . " Such forward - looking statements involve known and unknown risks , uncertainties and other unknown factors that could cause the Company 's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward - looking statements . In addition to statements that explicitly describe these risks and uncertainties , readers are urged to consider statements that contain terms such as " believes " , " belief " , " expects , " " expect " , " intends " , " intend " , " anticipate " , " anticipates " , " plans " , " plan " , to be uncertain and forward - looking . The forward - looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company 's filings with Securities and Exchange Commission . Contact Investor Relations ( 650 ) 967 - 3040