AdSouth Partners Projects Record Third Quarter Revenues.BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla. -- AdSouth Partners, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ADPR ADPR Automated Data Processing Resource ADPR Asset Depreciation Range .OB), is pleased to announce today that it is projecting continued revenue growth through the 3rd quarter of 2004. Net revenues for the 3rd quarter of 2004 are projected at $1.9 million compared to $136,000 generated in the 3rd quarter of 2003. Additionally, quarterly revenues have increased sequentially since the company's inception in July of 2003, with the exception of the 1st quarter of 2004. "We have generated a positive revenue growth trend in a very short period of time," said Lee Wingeier, Chief Financial Officer. "The initial success of our Dermafresh launch completes one of our benchmarks for 2004 and we are now looking to expand our customer base for our advertising operations," added Wingeier. Recently the Company was retained by a new client to assist in the marketing and advertising of a revolutionary new product. The new product is an electric car jack that is powered by the automobile's battery and is operated through the use of a button and includes a built-in flashlight to assist with nighttime operation. About AdSouth Partners AdSouth Partners is a vertically integrated direct response marketing company that generates revenues from the placement of advertising, the production of advertisements, creative advertising and public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" and from the direct marketing sale of acquired rights to products. AdSouth Partners is developing a market niche by providing a full level of service quality to fulfill an existing need for the users of direct marketing services. Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward- looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-KSB filing and other filings with the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Securities and Exchange Commission (available at www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise. |
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