infoUSA Goes Global

Date : 03/24/2008 @ 4:01PM
Source : Business Wire
Stock : infoUSA (IUSA)
Quote : 4.46  -0.52 (-10.44%) @ 6:23PM
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infoUSA Goes Global

infoUSA (NASDAQ: IUSA), the leading provider of proprietary business and consumer databases, sales leads, direct marketing, and email marketing, announced today its plans to go global and will initially target China and India. The Company will compile a high-quality, telephone-verified database for these countries, which will service the growing demand for this type of information from businesses in the United States and abroad.

infoUSA is in discussions with several partners to compile these databases which will have depth of information and potentially feature photo images of the businesses.

"There is a tremendous demand for quality databases for sales and marketing purposes, for research purposes, and for other corporate applications in these markets," said Vin Gupta, Chairman and CEO of infoUSA. "At this time there is no single entity filling this need in these countries." As the growth of the direct mail business slows, the Company’s strategy is to develop high-quality, proprietary databases and create technological solutions so these databases can be used in a variety of ways by businesses, salespeople and the public and private sectors.

infoUSA started with a database of the United States, then expanded into Canada, and is currently compiling a business database for Great Britain. It is the Company's plan to expand into other countries such as Australia, New Zealand and Ireland.

As the Company broadens its international presence, it will change the name of the corporate entity, which will designate its global status.

About infoUSA infoUSA (www.infoUSA.com), founded in 1972, is the leading provider of business and consumer databases for sales leads & mailing lists, database marketing services, data processing services and sales and marketing solutions. Content is the essential ingredient in every marketing program, and infoUSA has the most comprehensive data in the industry, and is the only company to own 12 proprietary databases under one roof. The infoUSA database powers the directory services of the top Internet traffic-generating sites. Nearly 4 million customers use infoUSA's products and services to find new customers, grow their sales, and for other direct marketing, telemarketing, customer analysis and credit reference purposes. infoUSA headquarters are located at 5711 S. 86th Circle, Omaha, NE 68127 and can be contacted at (402) 593-4500. To know more about Sales Leads, click www.infousa.com. To get a 72-hour free trial and 100 free sales leads, click www.salesgenie.com.

Statements in this announcement other than historical data and information constitute forward looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, but are not limited to, recent changes in senior management, the successful integration of recent and future acquisitions, fluctuations in operating results, failure to successfully carry out our Internet strategy or to grow our Internet revenue, effects of leverage, changes in technology and increased competition. More information about potential factors that could affect the company's business and financial results is included in the company's filings with the Securities and Exchange Commission.

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