SearchGuy.com CEO Lenny Rachitsky Issues Letter to Shareholders
March 29 2006 - 11:04AM
PR Newswire (US)
MOUNTAIN VIEW, Calif., March 29 /PRNewswire-FirstCall/ --
SearchGuy.com, Inc. (Pink Sheets: SHGY), a creative provider of
multi-category search and advertising services would like to
announce an update regarding its outlook for the year 2006 and
2007. States Lenny Rachitsky, CEO of SearchGuy.com, Inc., "We are
optimistic about the coming year and look forward to adding value
for our shareholder base." In the coming year the company will
dedicate itself to the following endeavors: To substantially
increase revenue as well as profit. SearchGuy.com, Inc. is on the
cusp of change now with a growing market share in key areas. The
future for the company looks bright with many possible venues for
growth and revenue. The company looks forward to informing of its
EBITDA toward year-end. The remainder of the year will be spent
securing the fundamental soundness of SearchGuy.com, Inc. Obtain an
OTCBB listing. Long overdue, this process will begin immediately.
The current market conditions warrant a different listing for the
company's shares. The prerequisites to meeting this listing
requirement shall be met in the year 2007. Limitations such as
overhead, work staff, and proper funding have prevented us from
making this transition any sooner. Increase market share through
superior technology and advertising in key untapped countries. With
the outstanding response to the launch of SearchGuy.com.mx, the
company is investing even more of its time and capital to ensure a
proper standing as one of Latin America's prominent search engines.
With over one million page views since its inception, this area
promises to be a driving factor in SearchGuy.com, Inc.'s future.
About SearchGuy.com, Inc. SearchGuy.com is a creative provider of
multi-category search and advertising services. Founded in 2001 by
Lenny Rachitsky, SearchGuy.com provides all-encompassing search
solutions to the end user, at absolutely no cost. A
state-of-the-art advertising system simplifies and reduces costs
for advertisers. SearchGuy.com is headquartered in the heart of
Silicon Valley, with plans to expand worldwide. For more
information, visit http://www.searchguy.com/. This press release
contains "forward-looking" statements as that term is defined by
Section 27A of the Securities Act of 1933, as amended, (the
"Securities Act") and Section 21E of the Securities Exchange Act of
1934, as amended, (the "Exchange Act"). All statements that are
included in this press release other than statements of historical
fact are "forward-looking" statements. Although management believes
that the expectations reflecting in these forward-looking
statements are reasonable, it can give no assurance that such
expectations will prove to have been correct. Important factors
could cause actual results to differ materially from the
expectations as disclosed herein, including without limitation, in
conjunction with these forward- looking statements contained in
this press release. CONTACT: SearchGuy.com.mx, 01-800-777-7836.
DATASOURCE: SearchGuy.com, Inc. CONTACT: SearchGuy.com.mx,
01-800-777-7836 Web site: http://www.searchguy.com.mx/ Web site:
http://www.searchguy.com/
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