BigString Corporation Acquires DailyLOL.com, a Fast-Growing Internet Viral Video Site.RED BANK, N.J. -- BigString Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BSGC) announced today the acquisition of DailyLOL.com., a viral video A video that spreads quickly via the Internet. It is often a short clip on a video sharing site such as YouTube that people reference in blogs, e-mails and instant messages. See viral marketing. website that provides humorous videos, games and pictures. The website will become part of, and complement, BigString Interactive, the company's entertainment portal. DailyLOL.com was launched approximately two months ago and has averaged up to 30,000 unique visitors A count of how many different people access a Web site. For example, if a user leaves and comes back to the site five times during the measurement period, that person is counted as one unique visitor, but would count as five "user sessions. a day. Chris Ruesink, founder of DailyLOL.com, commented that, "Traffic has been growing exponentially and could achieve one million unique visitors per month in its first quarter of operations. Growth of viral video sites such as Dorks.com, owned by Handheld Entertainment Inc., and Google's recent purchase of YouTube makes this a very exciting time for user generated content." Mr. Ruesink, as a consultant to BigString, will continue to promote and manage the website. His past work includes co-founding DailyHaHa.com, a high traffic page for daily videos, which is frequently accessed through Google, and providing consulting services to Break.com and Savvy.com, two video and humor humor, according to ancient theory, any of four bodily fluids that determined man's health and temperament. Hippocrates postulated that an imbalance among the humors (blood, phlegm, black bile, and yellow bile) resulted in pain and disease, and that good health was websites. Darin M. Myman, president and chief executive officer of BigString, commented that, "In less than three months, DailyLOL.com has become one of the leading Web destinations for those individuals searching for humor. This acquisition adds considerable strength to our overall interactive online offerings. It not only brings significant traffic to the BigString family but also leverages our existing user base and introduces our recallable, erasable e·ras·a·ble adj. 1. Capable of being erased: erasable ink. 2. Capable of producing something that can be erased: an erasable pen. and trackable email product to a larger audience. Unlike most viral video sites, DailyLOL is already generating advertising revenue." BigString Corporation, owner and operator of BigString.com, is a provider of user-controllable email services. In addition to permitting users to send recallable, erasable and self-destructing emails, BigString's patent-pending technology allows emails and pictures to be rendered non-printable or non-savable. This can be done before or after the recipient reads it, no matter what Internet service provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. is being used. BigString Interactive, Inc., a wholly-owned subsidiary of BigString Corporation, operates an interactive entertainment portal that contains live streaming audio A one-way audio transmission over a data network. It is widely used on the Web as well as company networks to play audio clips and Internet radio. Computers in home networks stream audio (mostly music) to digital media hubs connected to home theaters. and video programming that can be controlled by the Internet audience. Statements about the future expectations of BigString Corporation, and all other statements in this press release other than historical facts, are "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as that term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. BigString Corporation intends that such 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. shall be subject to the safe harbors created thereby. Since these statements involve certain risks and uncertainties and are subject to change at any time, BigString Corporation's actual results could differ materially from expected results. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion