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DNDT DND Technologies Inc (PK)

0.07261
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
DND Technologies Inc (PK) USOTC:DNDT OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.07261 0.0105 0.20 0.00 21:03:40

DND Technologies Expands Basic Internet Classifed Ads Revenue Model

07/07/2010 6:30pm

Marketwired


DND Technologies (PK) (USOTC:DNDT)
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DND Technologies, Inc. (PINKSHEETS: DNDT), an Internet technology holding company, today confirmed that its revenue model expands the basic Internet classified ad revenue model.

Newspaper classified advertising and its attendant revenues have greatly diminished over the past five years. At the same time a new market of Internet classified ads has grown substantially, replacing the newspaper classified ad void. Typically, the companies involved in Internet classified ads obtain their revenues from advertisers that pay to place ads on the classified sites.

DNDT and its subsidiary, MatchingAds, improve on this revenue model.

"Like our competitors in the Internet classified business, we generate revenues from companies that advertise on our website. Unlike our competitors, we also generate revenues from advertising on the classified ads sites in a shared ad revenue model with TV media partners," said David Pollei, DNDT's President & CEO. "We believe we are in an excellent position because we generate revenues from multiple sources. With the advertising strength of our TV media partners, we can grow more rapidly than any competitor and challenge the market share of the industry's current largest player."

For more information on DND Technologies and its subsidiary, MatchingAds, Inc., please visit our websites: www.dndtechnologies.com www.matchingads.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

Please contact for additional information, interviews and Investor Relations: DND Technologies, Inc. Telephone: 800 341-8940 Fax: 888-236-2899

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