Press Release
InterSearch Group Announces Strategic Agreement with Shopping.com.
San Francisco, CA — Wednesday September 5, 2007 8:34 am ET
InterSearch Group, Inc. (AMEX: IGO - News), a leading operator of industry specific destination portals such as www.Banks.com, www.IRS.com, www.Look.com, and www.Camps.com announced today that is has signed an e-Commerce partnership agreement with Shopping.com, an eBay company.
InterSearch is leveraging Shopping.com’s robust online catalog of 60 million product SKUs in over 280 categories by integrating product listings with related user content on some of its premium portal sites. Both companies will immediately begin to integrate product listings from top online retailers in some of Shopping.com’s most popular categories, such as: the Cars category with www.Banks.com, the Sports & Outdoors category with www.Camps.com and the Health & Beauty and Gifts categories for www.Look.com, among others. These integrations will add a variety of new content channels and incremental revenue streams to the premium sites.
“We are very excited about this new partnership with Shopping.com and the mutual value this brings as we continue to build out our content and offerings for our user base on our properties,” said Executive Vice President of Revenue Development for InterSearch Group, Robert Hoult. “We believe this relationship provides both companies with significant incremental revenue opportunities through the introduction of Shopping.com’s product line to our expanding user base,” concluded Hoult.
About InterSearch Group, Inc.
InterSearch Group is a leading operator of industry specific destination portals such as www.Banks.com, www.IRS.com, www.Camps.com, and www.Look.com. InterSearch Group operates in the fastest growing segments of Internet commerce including paid search, direct navigation and online marketing driving high quality traffic to advertisers and providing users with quick access to pertinent products, services and information. InterSearch is headquartered in San Francisco, California at 222 Kearny Street, Suite 550, and can be reached via telephone at 415–962–9700. More information about InterSearch Group, Inc. can be found at www.InterSearch.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties, including statements regarding our expected financial results for the third quarter of 2007. Forward-looking statements, which are based on management’s current expectations, are generally identifiable by the use of terms, such as “anticipates,” “believes,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “possible,” “potential,” “predicts,” “projects,” “should,” “would”, “significant” and similar expressions. The forward looking statements in this press release include statements regarding: new user content and incremental revenue streams across all of our sites. The potential risks and uncertainties that could cause actual results to differ materially from those expressed or implied herein include, among others, our ability to successfully integrate Shopping.com product listings into our sites; user acceptance of enhanced content to our sites; and general economic and business conditions. Further information on the factors that could affect InterSearch Group’s financial results is included in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-KSB for the fiscal year ended December 31, 2006, our quarterly reports on Form 10-QSB and our Current Reports on Form 8-K. Except as required by law, we assume no responsibility to update these forward looking statements publicly, even if new information becomes available in the future.
Investor Contact:
BPC Financial Marketing,
John Baldissera
800-368-1217