Communicate Announces Record Revenues for Third Quarter; Anticipates Record Fourth Quarter
VANCOUVER, B.C. – October 20, 2004 – Communicate.com Inc. (OTCBB:CMNN), a rapidly growing eCommerce company, today announced record revenues for the third quarter and nine months ended September 30, 2004.
Revenues in the third quarter of 2004 topped $800,000, compared to revenues of $394,734 in the third quarter of 2003, for an increase of more than 100 percent. Preliminary numbers also indicate that the third quarter 2004 should be Communicate.com’s seventh-consecutive profitable quarter.
Communicate’s revenues for the first nine months of 2004 increased more than 200 percent to surpass $2 million, compared to revenues of $649,676 for the first nine months of 2003.
Commenting on fourth quarter expectations, Communicate.com’s President, David Jeffs, stated, “We are seeing strong growth at our online retail stores and our advertising revenues continue to improve. These factors should result in another record sales period for Communicate in the fourth quarter.”
Communicate.com’s third quarter report on Form 10-QSB will be filed with the U.S. Securities and Exchange Commission in November 2004.
About Communicate.com:
Communicate.com is an emerging growth internet company that owns, develops and markets intuitively branded top-level eCommerce websites specializing in consumer goods, travel & leisure and B2B. Our online brands are highly recognizable and instantly credible, and include Perfume.com, Karate.com and Importers.com, to name a few. Communicate.com’s network sites intuitively attract approximately one million targeted visitors and potential clients per month with no marketing costs, giving us a competitive advantage in customer acquisition and price. For more information, please visit www.communicate.com.
This news release contains "forward-looking" statements, as such term is defined in the Private Securities Litigation Reform Act of 1995. Because such statements include risks and uncertainties, actual results may differ from those expressed or implied herein. Further information on potential factors that could affect the financial results of Communicate.com is included in the Company’s filings with the U.S. Securities and Exchange Commission.
CONTACT:
Adam Rabiner
Communicate.com Inc.
1-866-898-4354
information@communicate.com
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