Forbes.com Reports on Online Local Search Market Heating Up
02 5월 2006 - 10:30PM
PR Newswire (US)
DAG Media, Inc. Prominently Featured NEW YORK, May 2
/PRNewswire-FirstCall/ -- DAG Media, Inc.'s (NASDAQ:DAGM) new
venture NextYellow.com, a comprehensive online yellow pages that
offers an innovative approach to the conventional online directory,
was featured on Forbes.com. The article identifies Next Yellow as
filling the void of what larger search engines have ignored.
Forbes.com points out that while the top five Internet search sites
dominate nearly every other part of the Web, Next Yellow focuses on
the still unclaimed area of convenient local business information.
Instead of local "search," Next Yellow offers local "match." The
Next Yellow method avoids the search engine user experience of
wading through pages of results (and advertisements) and then
contacting multiple businesses individually. Instead, a user fills
out a simple Next Yellow form describing their need. After they
submit, Next Yellow matches the consumer's need with appropriate
local businesses and then uses a messaging system to send the
request directly to these businesses. The businesses then contact
the customer directly. Assaf Ran, Chief Executive Officer of DAG
Media, Inc., told Forbes.com, "The auctioned-off, pay-per-click
pricing for ads at search engines like Google and Yahoo! are far
too complicated for small retail and service businesses. "The
reason we haven't seen a significant increase in revenues in the
online directory industry is because, for users, the model is no
better than using a phone book," said Ran. DAG Media, Inc. has a
16-year history in publishing and distributing Yellow Pages and
business directories for domestic niche markets, as well as a
corresponding website: http://www.dagmedia.com/. To see the full
article, visit:
http://www.forbes.com/home/technology/2006/04/28/yahoo-google-
local_cx_rr_0501local.html. The Next Yellow Alpha preview site went
live on April 14, with a full service launch planned in June. For
more information about Next Yellow, please contact Melody Serafino,
The Rosen Group, at 212.255.8455 ext. 30 or . 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, the
risks with marketing of its new on-line software solution, the
continued acceptance of the Company's new and existing 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. DATASOURCE: DAG Media, Inc. CONTACT: Melody Serafino of
The Rosen Group, +1-212-255-8455 ext. 30, or Web site:
http://www.dagmedia.com/
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