IMMGE-SEATTLE, June 22 /PRNewswire-FirstCall/ --
Impart Media Group, Inc. (OTC Bulletin Board: IMMGe), an innovator in the delivery of out-of-home digital advertising, informative content and network management, today announced results for the first quarter ended, March 31, 2006. Revenues were $1,222,744 compared to $1,030,282 for the first three months of 2005, an increase of 18.7% year over year. Historically revenues have primarily been derived from the sale of hardware components and software products used in the Company's proprietary digital signage networks and the fees received from consulting, maintenance and other digital signage services. However, the overall increase in revenues for the quarter ended March 31, 2006 were primarily due to increased media services revenues from the Company's acquisition of E&M Advertising (now Impart Media Advertising) in February 2006, and increased subscription revenues from the June 2005 acquisition of Media SideStreet Corporation. This coincides with a shift in the Company's long-term business strategy to a full-service digital media offering with an advertising-based revenue model designed to take advantage of the evolving out-of-home media sector.
