Saturday, May 01, 2004

News: "Paid-listings company Espotting Media has reached profitability, the company said, and recorded its most successful quarter yet.

Announcing preliminary results for the first quarter, the company saw a 67% growth in revenue to �16.7m, up from �10m in the same period last year. It did not say how much profit it made.
Espotting also said that its advertiser base grew by 14% to 22,700.
The announcement comes as Espotting and US firm FindWhat continue to complete their long-awaited merger. The two agreed new terms in February after an initial announcement in June 2003."

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