Press Release
Banks.com, Inc. Completes Corporate Action to Change Company Name
– The Former InterSearch Group, Inc. (AMEX: IGO) to Begin Trading Under New Ticker Symbol "BNX"
SAN FRANCISCO--(BUSINESS WIRE)--Banks.com, Inc. (AMEX: BNX - News), a leading Financial Services focused web property, today announced that the corporate action to change its company name has been concluded and the company has begun operating under its new name, Banks.com, Inc., effective immediately. As part of the corporate action, Banks.com will begin trading under the new ticker symbol "BNX" on the American Stock Exchange today, November 28th, 2007.
Dan O'Donnell, Chairman and Chief Executive Officer of Banks.com, Inc. said, "Our marquee property, Banks.com, is a major component of our long term strategy to become the leading provider of targeted financial services traffic to advertisers. Our new company name and ticker symbol reflect our commitment to focusing on this lucrative vertical and to building out our offering through organic and acquisitive growth."
About Banks.com
Banks.com is a leading Financial Services portal containing a unique breadth and depth of products and services. Our mission is to bring our users and subscribers the most relevant financial information on the web. Banks.com provides access to thousands of pages of current financial content, including: articles, stock quotes, audio, video, blogs and much more. In addition, Banks.com provides free tools to assist visitors with their financial decision-making including stock tracking and financial calculators. Our site contains information and products on a variety of topics such as Banking, Stocks & Bonds, Taxes, Mortgages, Personal Finance, Credit Cards, Insurance and Retirement Planning. Banks.com, Inc. is headquartered in San Francisco, California at 222 Kearny Street, Suite 550 and can be reached at 415.962.9700. More information about Banks.com, Inc. can be found at: www.Banks.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. 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" and similar expressions. Forward looking statements contained in this press release include statements regarding: our long term strategy to become the leading provider of targeted financial services traffic to advertisers and our commitment to focusing on the financial service vertical and to building out our offering through organic and acquisitive growth. The potential risks and uncertainties that could cause actual results to differ materially from those expressed or implied herein include, among others, unanticipated slowdown in the financial services vertical; uncertainties related to the acceptance by financial institutions of www.Banks.com as an advertisingvehicle; unexpected diversion of advertising dollars away from the Internet; slower than anticipated growth rate of our advertising base; and inadequate acquisition opportunities. Further information on the factors that could affect our 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 10QSB 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.Contact Information:
BPC Financial Marketing,
John Baldissera
800-368-1217