Leading website rep firm boasts triple-digit increases in ad revenue
BURLINGTON, Mass., February 2, 1999 BURST!, the fastest growing website rep firm, today released its Year-End Progress Report for 1998, boasting a triple-digit increase in ad revenue over the previous year and tremendous growth in member websites and monthly ad impressions. In addition, BURST! turned a profit in 1998, after only its third full year of business, bucking the trend among many Internet services companies.
Highlights and important milestones include:
Profitability in third full year of operation;
Growth to over 2,500 unique, specialty-content websites;
Growth to a combined 300 MILLION monthly advertising impressions; and
258 percent increase in advertising revenue from over 150 separate accounts.
Jarvis Coffin, co-founder and CEO of BURST!, stated, 1998 was a tremendous year for us at BURST! We experienced exponential growth in our number of member websites, making BURST!s website network the largest in the world, and achieved a triple-digit increase in ad revenue, making us profitable in only our third year. Coffin continued, We believe these numbers validate our unique business model of being the only firm to represent the creative and business interests of the specialty-content web publishers. We embrace their diversity, and believe they are the truest definition of this unique medium, the Internet.
BURST! Media, LLC, represents and supports the vital business and creative interests of web publishers. Offering customized advertising solutions and effective ad-management technology, BURST! provides web publishers with the resources they need to offer their specialty content on the World Wide Web. Founded in 1995, BURST! is a privately-held company headquartered in Burlington, Massachusetts, with offices in New York City and San Francisco. Information about BURST! can be obtained on the Internet at www.burstmedia.com or by contacting David Summers at 781-272-5544 ext. 245.