Hot Web, Inc. Announces Record-Breaking Listings for May 2007. Internet Traffic Rankings for HotAutoWeb Division Reaches All-Time High
Posted on: Wednesday, 30 May 2007, 09:00 CDT
Hot Web, Inc. (PINKSHEETS: HWBI) announced today that estimated Gross Merchandise Value (GMV) of the Company's vehicle listings for the month of May 2007 exceeded $1.76 Million, surpassing the company's previously announced, and upwardly revised, listing estimates of $1.7 Million. The strong May activity establishes a new Company record for total listings in a single month, handedly breaking the old record by a wide margin.
Brian Hanold, CEO of Hot Web, Inc., commented, "We are thrilled with the business momentum we have been able to generate over the last several months. Quality always wins over time. Couple our fraud-free, detailed hands-on approach to selling fine vehicles with a historic 70% sales success rate and you have a winning combination that people have to take notice of."
Further validating the Company's recent increase in activity, Hot Web management referenced dramatic increases in total Internet traffic to the Company's HotAutoWeb division (www.hotautoweb.com) over the past financial quarter. According to Alexa(R) Internet (a subsidiary of Amazon.com, Inc.) the HotAutoWeb site climbed into the top 100,000 most visited sites on the Internet for the first time in Company history. The three-month average traffic rank for HotAutoWeb is now 157,040, while the percentage of global Internet users who have visited the HotAutoWeb site has increased a staggering 4,700% over the past 3 months. In addition, The HotAutoWeb domain currently ranks as the 18,098 most visited Internet destination in the United States.
Hanold continued, "While the dramatic increase in web traffic brings more potential buyers to the table and increases our general brand awareness, we are more excited by the quality of the listings we are seeing from the ultra high-end collectors and owners. In the last month alone we have been selected to market and consign some of the finest automobiles in the world. Indications for early June suggest we will be listing autos from several high-end private collections from the mid-west and the east coast."
About Hot Web, Inc.
Hot Web, Inc. is engaged in the business of consigning "big ticket" transportation related items through its diversified presences, both online and offline. The Company's mission is to "change the way the world buys and/or bids online" by harnessing the power of the Internet and coupling it with human interaction and expertise to create a safe, productive, comfortable and 'Fraud Free' way to conduct online/offline commerce. The company utilizes both its internal certified regional representative base in addition to online third-party marketing tools like eBay Motors and others to attract and market vehicle listings
The Company's current portfolio of niche-focused online businesses consists of www.hotautoweb.com, www.hotboatweb.com, www.hotcycleweb.com, www.hotrvweb.com and www.hotplaneweb.com. The company is also currently developing other Hot Web branded online business units to complement its current roster.
Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Hot Web, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
FOR FURTHER INFORMATION, investors are asked to visit the Company's website at www.hotwebinc.com. Or Contact Investor Relations: Matthew Lovito Brass Bulls Corp. 1-866-342-2700
SOURCE: Hot Web, Inc.
Source: MARKET WIRE
Related Articles
- 6-month results from EVEREST study evaluating Visudyne(R) therapy in patients with polypoidal choroidal vasculopathy
- Global Med Technologies(R) Announces Third Quarter and First Nine Months Results
- Audiovox Corporation Sets Date for Its Fiscal 2009 Third Quarter and Nine Months Results and Conference Call
- NGAS Reports Third Quarter 2008 and Nine Month Results
- Panasonic Reports Second Quarter and Six Month Results
- Organic To Go Reports Third Quarter and Nine-Month Results
- Webcast Alert: Cleveland-Cliffs to Announce Third-Quarter and Nine-Month Results November 1; Conference Call November 2
- Unilever Announces Third Quarter and Nine Month Results 2006 and Interim Dividends
- Westinghouse Lauds Progress Energy for Proactive, Forward-Looking Approach to Nuclear Fleet Expansion
- Cyberkinetics Presents Seven-Month Results From Pilot Study of BrainGate(TM) Neural Interface System at ICORR Meeting
User Comments (0)

RSS Feeds