DAG Media Retains National Financial Network for Comprehensive Investor Awareness Campaign
KEW GARDENS, N.Y., Jan. 4 /PRNewswire/ -- DAG Media, Inc. (Nasdaq: DAGM - news), the leading independent print and online publisher of yellow page directories, today announced that it retained National Financial Network, a division of National Financial Communications Corp., to direct its comprehensive shareholder and investor relations campaign.
``DAG Media is experiencing tremendous growth as the leading innovator of niche-oriented and general interest directories servicing the $300 million New York yellow page industry,'' stated National Financial Network President Geoffrey Eiten. ``With this quarter's earnings surpassing analyst expectations and preparations to introduce an online and print directory this March that challenges Bell Atlantic's monopoly in the Manhattan yellow page market, now is an exciting time to communicate DAGM's explosive growth potential to analysts, brokers and investors.''
The Company reported that it expects to continue its rapid growth momentum by expanding its value-added service offering, especially in the Internet and e-commerce arenas, and by introducing a greater number of yellow page directories. DAG Media is scheduled to launch its NewYellow Manhattan directory on time this March, thus expanding beyond its proven capabilities in the special interest yellow page directory market.
DAGM reported that its two-fold expansion plans over the next 12 to 18 months call for the Company to roll out its NewYellow directory in other New York metropolitan area markets and to introduce special interest directories in major cities nationwide.
National Financial Network, a division of National Financial Communications Corp. of Needham, Massachusetts, is a full-service financial communications and investor relations firm specializing in the representation of small-cap companies.
DAG Media, Inc. currently publishes and distributes two directories in print and online that service the New York metropolitan area. The Company also provides value-added products such as referral and tourist information hotlines as well as the web portal www.porty.com, which offers free nationwide directory information, Internet voice and fax telephony, and a variety of other services.
Forward-looking statements in this release are made pursuant to the ``safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition, new products introduced by competitors, changes in the rates of subscriber acquisition and retention, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
SOURCE: DAG Media, Inc.
