SREH Announces Scientific News International Corporate Overview
9:02 AM ET 6/23/10 | Marketwire
(PINKSHEETS: SREH) -- SRE CEO Tony Dibiase is pleased to dissect the company's subsidiary, Scientific News International (SNI), for shareholders as it prepares for Fall 2010 medical conference season. SNI (www.scientificnewsroom.com) is a media site that delivers news, research findings and relevant discussions from the best medical conferences in the country. It currently features eight (8) fields of practice including Cardiology, Gastroenterology, Hematology, Nephrology, Oncology, Primary Care, Rheumatology and Urology with news feeds for paid subscribers filtered to the user's preferences, including subheadings for each category.
The concept has received tremendous feedback from medical professionals as a one-of-a-kind concept that will keep medical professionals in the know and consistently progressive. The website is also in development of a unique social networking platform, Doctor2Doctor(TM), for members that meet criteria with proven credentials that will allow the medical community to engage in enhanced discussion, research and industry trends as well as unique and shared experiences toward overall progress as a whole.
"Scientific News International is a gem in the making," states Dibiase. "There is no other website or service that delivers the amount of news and research to as many branches and sub-branches of medical practice than SNI. Further, we do so in a manner that is completely unbiased; in the midst of a media world in which big companies pay for news they want the public to hear, SNI stands out with the practice of true journalism and reporting in action."
Further, the site's current model is one of subscription-based revenues as opposed to taking sponsorship monies from target market providers like pharmaceutical companies, for example. This allows the site to remain objective while stimulating productive conversations among its members with news delivered as-is directly from the nation's top medical conferences. "This isn't necessarily to say we won't bring a healthy amount of advertising revenue in tandem with subscriptions, simply that it will not be from lateral providers or otherwise which may interfere with the objectivism and overall company objectives," adds Dibiase. "There are plenty of sponsors that would be healthy additions to site revenues such as travel agencies, retirement planning and even golf gear. Overall, the online news revenues just 2 years ago were over $8 billion and have increased since. Statistics show that niche sites are faring better than wide scope models and once you throw in interactivity, you dip into the pie graph of social networking. To capture even a fraction of a fraction of this revenue sets SNI well on target for additional features bringing additional revenues as we grow from here."
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