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Sticky
Web's Data Management Acquisition Key Component of Strategy;
Immediate EPS with Completion of EResource Acquisition
June 15, 2006 - Sticky
Web, Inc., an intellectual property company with key
Internet, software and business method patents in e-mail,
Web creation and e-commerce, commented today on the
potential acquisition of an INDIA based e-mail and data
management company and potential earnings per share.
EResources, Inc. based
in Ahmedabad, India owns and manages over 195,000,000
global OPT-IN e-mail addresses. According to the EResource
management they expect to generate over $1M Euro, the
equivalent of $1.29M US, during fiscal 2006 from their
current business operations. The terms of the acquisition
include shares of SIKY stock based on the minimum revenue
and earnings being achieved by EResources.
It is anticipated that
the EResources year-end financial goals will add approximately
$.01 per share to SIKY on a fully diluted basis.
"The real value that
EResources brings to the table is their ability to create
and segment global OPT-IN lists," stated Thomas
L. DiStefano III, CEO of Sticky Web, Inc. "If we
can generate only $.05 cents per address using the ASP,
in-house campaign management and specific list creation
and rental, the OPT-IN database has a market potential
of $9.75 million annually," he continued.
Sticky Web plans include
offering a platform that combines EResources 195,000,000
global OPT-IN e-mail addresses and data base management
technology with its ASP technology.
"This relationship
is a real catalyst to our providing a premium e-mail
marketing and management service and driving revenue,"
stated Thomas L. DiStefano III, CEO of Sticky Web, Inc.
"We believe that the ASP and completed system coupled
with EResource's data management abilities will take
the lead in a new direction in the OPT-IN industry that
certifies and guarantees e-mail delivery," he continued.
SIKY is concentrating
its business strategy on partnering and licensing its
first two issued patents. US Patent 6,631,400 covers
certain bulk e-mail systems and US Patent 6,771,291
covers certain Web creation and collaboration systems.
The estimated market size of the market covered by these
two patents is over $10B as represented by Forrester
Research and Jupiter Media Metrix.
About Sticky Web, Inc.
Sticky Web, Inc., corporate purpose is to manage,
market, and license a portfolio of six patents and patents
pending and five registered marks that provide elements
of electronic document publishing, e-mail management
and distribution, e-commerce and marketing tools, access
management to electronic documents and electronic document
collaboration. These proprietary technologies are protected
by a portfolio of US patents and pending patent applications.
For more information visit www.stickywebinc.com.
Forward-Looking Statements
This release
may contain statements that are "forward-looking
statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements are
based on current estimates and projections about Sticky
Web, Inc.'s business, which are derived in part on assumptions
of its management, and are not guarantees of future
performance, as such performance is difficult to predict.
Actual outcomes and results may differ materially from
what is expressed or forecasted in forward-looking statements
due to numerous factors. Such factors include, but are
not limited to, the Company's ability to execute effectively
its business plan, the success of its patent licensing
strategy, acquisition strategy, changes in the market
for OPT-IN e-mail marketing solutions, changes in patent
enforcement brought on by legislation, changes in market
activity, the development of new products and services,
the enhancement of existing products and services, competitive
pressures (including price competition), system failures,
economic and political conditions, changes in consumer
behavior and the introduction of competing products
having technological and/or other advantages. These
and other risks should be read in conjunction herewith
for a further discussion of important factors that could
cause actual results to differ materially from those
in the forward-looking statements. The Company assumes
no obligation to update information concerning its expectations.
Contact:
Thomas L. DiStefano III
Sticky Web, Inc.
561-955-9295
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