Exhibit
99.1
ADEX
MEDIA, INC. ANNOUNCES 2009 SECOND QUARTER REVENUES
MOUNTAIN
VIEW, CALIFORNIA – August 11, 2009 – AdEx Media, Inc. (OTCBB:ADXM), a leading
performance-driven, online marketing and distribution company, today announced
revenues for the second quarter ended June 30, 2009.
The
Company reported revenues for the second quarter of 2009 of $8.2 million, a
1,040% increase over revenues of $719,000 from the same quarter for 2008 and a
134% increase over revenues of $3.5 million from its first quarter of
2009.
Scott
Rewick, Chief Executive Officer of AdEx commented, “We are very pleased with our
strong year over year and quarter over quarter revenue growth. The continued
expansion of our diversified marketing platform has validated our performance
based platform for promoting both external and our own internal advertising
offers.”
About
AdEx Media, Inc.
AdEx
Media, Inc. is an integrated Internet marketing and lead generation publisher
and developer, manufacturer, and marketer of consumer products. AdEx
both markets and distributes its own products, developed pursuant to strategic
partnerships with manufacturers, and offers its third-party advertising
customers a multi-channel Internet advertising network and diversified solutions
for direct advertisers and agencies. AdEx’s marketing platform provides a range
of services including (i) search marketing, (ii) display marketing, (iii) lead
generation, and (iv) affiliate marketing. AdEx currently sells its own suite of
consumer products which include: (i) Overnight Genius™ -- a comprehensive
computer learning course that enables users to master MS Windows, MS Office,
eBay, and other software and online products and services; (ii) Rising Star
Learning™ -- a math and language arts educational product for children; (iii)
Debt Snap™ -- an audio seminar designed to help consumers manage their debt and
restore credit standing; (iv) Lucky At Love™ -- a relationship strategy product;
(v) EasyWhite Labs™ -- a teeth whitening product; (vi) Acai Alive™ -- a dietary
supplement; (vii) RezQ™ -- a dietary supplement; and (viii) Tri-Cleanse™ -- a
dietary supplement. The Company offers advertisers a compelling value
proposition by offering true pay-per-performance pricing, commonly known as
cost-per-action (CPA) or pay-per-action (PPA).
For more
information about AdEx Media, Inc., visit http://www.AdEx.com.
Statements
in this press release that are not statements of historical or current fact
constitute "forward-looking statements." Such forward-looking statements involve
known and unknown risks, uncertainties and other unknown factors that could
cause the Company's actual operating results to be materially different from any
historical results or from any future results expressed or implied by such
forward-looking statements. In addition to statements that explicitly describe
these risks and uncertainties, readers are urged to consider statements that
contain terms such as "believes," "belief," "expects," "expect," "intends,"
"intend," "anticipate," "anticipates," "plans," "plan," “projects,” “project,”
to be uncertain and forward-looking. The forward-looking statements contained
herein are also subject generally to other risks and uncertainties that are
described from time to time in the Company's filings with Securities and
Exchange Commission.
Investor
Contact:
Aimee
Boutcher,
Boutcher
& Boutcher
(973)
239-2878
The following information was filed by Adex Media, Inc. (ADXM) on Tuesday, August 11, 2009 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.