SOUTHFIELD, Mich., July 22, 2014 /PRNewswire/ -- Halberd Corporation (OTC Market: HALB) subsidiary Aspyre.com discusses the Company revenue sources.

Jeffrey S. Stanislow states, "Aspyre.com will not only create value by attracting a large number of members because of its free basic video conferencing, it also has real sources of revenue.   The company will generate revenues from its enterprise solutions and business relationships.  Those revenue sources are: 1. Advertising revenue; 2. Rental revenue;  3. Classified ad revenue;  4. Affiliate revenue from sales of brand name affiliate company's products;  5. Online store; 6. Partnership programs 7. Subscription revenue for premium memberships a. Video conferencing b. Knowledge based revenue c. Document management; 8. Data storage space; and 9. Identity verification."

Aspyre.com's technology is positioned to support and enhance multiple Education Sectors.  The Education Sectors and their worldwide 2012 (and projected 2015) revenue size in billions are provided from the GSV Advisors Education Sector Fact Book.


2012

2015

E Learning

90.9B

166.5B

Corporate and Govt. Learning

356.6B

449.3B

Social Learning Communities

1B

 2.9B

Test Preparation/Tutoring/Counseling

54B

78.2B

Aspyre.com is a secure online video conferencing company created for the ever growing virtual education and mentoring market place. 

Halberd Corporation is a Holding Company and Incubator for early stage high growth businesses.  They are located in Southfield, Michigan.  Halberd Corporation trades on the OTC Market under the ticker symbol HALB.

Safe Harbor 
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.The words or phrases "would be," "would allow," "intends to'" "will likely result," "are expected to," "will continue," "anticipate," "expect," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the company's historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.

SOURCE Halberd Corporation

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