Affluence Corporation (Pink Sheets: AFFU) Announces Completion of Name Change and New Ticker Symbol
January 13 2009 - 7:30AM
Business Wire
Affluence Corporation (Pink Sheets: AFFU) (www.Affluence.org the
"Company"), the leading integrated multimedia hub of the world's
wealthiest people, today announced shareholder approval and
completion of its name change and its new ticker symbol AFFU.
Affluence Corporation is an emerging and rapidly expanding
direct marketing company aggregating the largest organization of
the world's most affluent people from around the globe. The Company
owns and operates the Affluence.org brand which consists of the
highly successful Affluence.org social network (www.Affluence.org),
the luxury print magazine Affluence Magazine, and the exclusive
Affluence membership organization.
Scott P. Mitchell, the Company's president and chief executive
officer, said, "This name change represents a significant and
necessary step towards building a worldwide brand that represents
social consciousness, cooperation, and responsibility among and
between the world's wealthiest people as well as a powerful
integrated media platform to help charities, non-profits, and high
quality brands introduce their causes and offerings to our
membership base."
Affluence.org is quickly becoming the world's largest membership
organization of affluent people. A socially conscious, elite, and
exclusive community, Affluence.org allows wealthy, influential, and
well connected people the opportunity to network, share
information, and generally make life better for themselves and
others.
By having an established minimum criteria for membership,
Affluence.org ensures that members have a net worth of $3 million
or an income of $300,000 a year through validation leveraging
publicly accessible records along with proprietary processes and
algorithms as well as self reported data. Access to this elite
target market is unparalleled and our marketing partners enjoy the
reach of a defined target audience with shared social interests and
affluent lifestyles. The company offers targeted accuracy unlike
that of other media publishers who estimate audience demographics
through less reliable outside surveys and audits.
About Affluence Corporation:
Affluence Corporation is an integrated global multimedia company
that uniquely joins a valuable group of verified affluent
trendsetting individuals who share unique peer groups, interests,
and lifestyles. Affluence Corporation is ideally suited to
advertising partners who seek to gain mindshare among the world's
wealthiest and most influential people. The company operates an
online social network (www.Affluence.org), a print magazine
(Affluence Magazine), a membership organization, a concierge
service, and regularly scheduled exclusive events around the
world.
Membership to Affluence.org is free, and applications can be
accepted at www.Affluence.org. Members must meet the minimum
requirements of a verified net-worth of U.S. $3 million or annual
household income of at least U.S. $300,000 to be accepted.
Having a strong sense of philanthropic responsibility, Affluence
Corporation dedicates at least 20% of its overall media to worthy
and select non-profit and charitable organizations each year.
Safe Harbor Statement:
All statements other than statements of historical fact included
in this press release are forward-looking statements within the
meaning of the private securities Litigation Reform Act of 1995.
The forward-looking statements, including statements about the
Company's future expectations, including future revenues and
earnings, and all other forward-looking statements (i.e., future
operational results and sales) are subject to assumptions and
beliefs based on current information known to the company and
factors that are subject to uncertainties, risk and other
influences, which are outside the company's control, and may yield
results differing materially from those anticipated.
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