Commerce Planet, Inc. Announces the Launch of Its Real Estate Investment Product, www.InvestingInSuccess.com
11 November 2006
Commerce Planet, Inc. (OTC Bulletin Board: CPNE) wholly owned subsidiary, Consumer Loyalty Group, (CLG) announced today the launch of http://www.InvestingInSuccess.com ("IIS"), a real estate investment product. The product consists of a comprehensive investment guide that includes industry resources, chapter self tests, sample real estate forms and a glossary of commonly used industry terms. In addition to the free fulfillment kit, users will receive access to distressed property listings for a monthly fee of $49.95. For an additional $59.95, an enhanced coaching package is offered to those investors interested in personalized assistance to help them succeed in the world of real estate.
Michael Hill, CEO said that, "The launch of IIS exemplifies the well orchestrated release of a new product into the Commerce Planet operational infrastructure. We have a well developed business model that allows us to create and deploy products at limited costs with the high probability of success. IIS will be marketed by Legacy Media, a wholly owned subsidiary of Commerce Planet through its existing advertising channels. The IIS product will be fulfilled by OS Imaging, another wholly owned subsidiary of Commerce Planet. This is the first new product launched that will leverage all of the services of the four wholly owned Commerce Planet subsidiaries and personifies the logic behind our business plan comprised around product, customer data, technology, marketing and fulfillment services. We are truly a self sustained entity that has maximized profits by leveraging the value within each of our subsidiaries."
Commerce Planet believes that http://www.InvestingInSuccess.com will perform in a similar manner as http://www.OnlineSupplier.com. The marketing, fulfillment, customer service, billing and software support will be provided for in a similar manner as the highly successful Commerce Planet controlled product http://www.OnlineSupplier.com. It is anticipated that the IIS product will significantly add to Commerce Planet's gross revenues and net profits.
About Commerce Planet, Inc.
Commerce Planet, Inc. (OTC Bulletin Board: CPNE) is a publicly traded, internet-based media company. The Company offers online media products, lead generation services and marketing tools to its client partners. Commerce Planet offers an internet turnkey media solution through its network of wholly owned subsidiaries, Consumer Loyalty Group, Inc., Legacy Media Inc., OS Imaging, Inc. and Interaccurate, Inc.
Each subsidiary specializes in a specific niche of the online media industry. Their combined services are designed to address all the needs of their client partners including membership loyalty programs, direct response consumer marketing, affiliate list management, email deployment, live chat software-based services, direct phone sales and customer service, and printing and fulfillment services.
To find out more about Commerce Planet, Inc. (OTC Bulletin Board: CPNE), visit our website at http://www.commerceplanet.com. The Company's public financial information and filings can be viewed at http://www.sec.gov.
Forward-Looking Statements
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products and services or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
Source: prnewswire
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