Gen2Media Corporation Files Quarterly Report for the Fiscal Period Ending 12-31-2009; Results Include 102% Increase in Operating
17 Febbraio 2010 - 3:33AM
PR Newswire (US)
ORLANDO, Fla., Feb. 16 /PRNewswire-FirstCall/ -- Gen2Media
Corporation (OTC:GTWO) (BULLETIN BOARD: GTWO) , an innovative video
technology company offering an Online Video Platform, video
production and online video advertising, has filed its 10-Q
Quarterly Report for the fiscal period ending 12-31-2009.
http://biz.yahoo.com/e/100216/gtwo.ob10-q.html Tom Moreland, CFO,
Gen2Media, states, "Our operating margin has increased 102% over
the prior year while our revenue indicates a decline from the same
period of the prior year. We are focused more on margin now as we
continue to see the business move towards highly profitable revenue
in all areas of our advertising network, production, and software
technology." Mark Argenti, CEO, Gen2Media Corporation, notes, "Our
focus has been on securing high margin business. This Quarter shows
a direct outcome of this effort. The Company is growing
methodically as we successfully secure various sectors in our
target markets including advertising agencies, media companies, and
national brands." About Gen2Media Corporation Gen2Media Corporation
is a video technology company that provides the best-in-breed
Online Video Platform, video production and advertising on its
Online Video Network that reaches over 10 million visitors monthly.
Gen2Media has earned the trust of a growing customer base including
advertising agencies, iconic artists, media companies,
organizations, businesses, and national brands such as Microsoft,
Coca-Cola Company, Tribune News Company, Toyota, Emmis
Communications, Clear Channel, Black Eyed Peas, Mary J. Blige,
Britney Spears, Justin Timberlake and more. Gen2Media's Online
Video Publishing Technology enables firms to easily create, deliver
and monetize video and advertising. The Company has offices in New
York City and Orlando. For more information, please visit
http://www.gen2media.com/. Some of the above statements may be
'forward-looking' statements as defined by section 27A(c)(1)(A)(i)
of the Securities Act of 1933. See http://www.gen2media.com/ for a
full safe harbor disclosure statement. DATASOURCE: Gen2Media
Corporation CONTACT: Jerry Jennings of Emerson Gerard Associates,
+1-561-881-7318, , for Gen2Media Corporation Web Site:
http://www.gen2media.com/
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