InfoSearch Media Announces New Equity Financing

MARINA DEL REY, CA , a comprehensive Internet search marketing firm focused on driving more traffic and conversions to client websites, today announced the sale of additional equity and the election of two of the Company's major shareholders to its Board of Directors. For more information, please refer to the Company's recent 8-K filing.

In addition, on June 10, 2008, the Company filed an amendment to its 10-Q for the first quarter of 2008 to reflect its auditor's consent of review and a positive net change from a net loss of ($198,532) to net earnings of $271,530. This change of more than $470,000 was primarily due to the revaluing of certain warrant liabilities to be more consistent with Generally Accepted Accounting Principles (GAAP), as opposed to a change in operational performance. This did result in a change in EPS to a positive $0.01from ($0.01). For more information, please refer to the Company's recent Form 10-Q/A filing.

About InfoSearch Media

InfoSearch Media (http://www.InfoSearchMedia.com) is a leading, comprehensive Internet search marketing firm providing search optimized text and Web video content, Pay-Per-Click campaign management and SEO services all designed to drive more traffic and conversions to client websites. InfoSearch Media's team of hundreds of professional writers, editors, technical specialists and video producers helps businesses succeed on the Web by implementing cost-effective Internet marketing solutions designed to deliver more web traffic for customers of every size. Whether a business needs more local traffic in 100 cities or is a content publisher with an ongoing need for fresh, targeted Web content, InfoSearch Media offers the outsourced solutions, capacity and reputation to help clients secure Internet traffic. Incorporated in 2000, the publicly traded Company is headquartered in Marina del Rey, California.

Safe Harbor Statement

This release contains "forward-looking statements" that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Management assumes no obligation to comment on or provide an update to its stock purchases or sales in the future except as specifically required by law and by the Securities and Exchange Commission. Factors that might cause such differences include, but are not limited to the challenges of attracting new customers and maintaining existing customers and developing, deploying and delivering InfoSearch services; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers and other risks described from time to time in InfoSearch's filings with the Securities and Exchange Commission. In particular, see InfoSearch's Annual Report on Form 10-K for the year ended Dec. 31, 2007, filed with the Securities and Exchange Commission, copies of which are available upon request from InfoSearch. InfoSearch does not assume any obligation to update the forward-looking information contained in this press release.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contacts: Investors Scott Brogi CFO 310.437.7550 IR@infosearchmedia.com Media Len Simpson 310.437.7546 len.simpson@infosearchmedia.com

InfoSearch Media (CE) (USOTC:ISHM)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024