Buzz Technologies lifts forecast for 2008/2009
Buzz set to beat 2008/2009 earnings expectations
Buzz Technologies is now raising its estimate of 2008/2009 revenue to above 120 million dollars. The increase in expectations is due to a number of factors. Firstly, the continued strong growth in IT outsourcing operations. We have a plan to drive greater revenue with our new project management system and it is our goal to grow the business throughout selected parts of the developing world and maximize per project profit.
Our VoIP business has developed into three separate divisions, wholesale, retail North America and online retail. It will include VoIP services for consumer and enterprise users, various types of video services, Fixed-Mobile Converged services, including support for every WAP enabled mobile phone. This month alone the wholesale section has contracted 4 million minutes over the next year, with an expected 12 million minutes to be sold closer to the Beijing Olympics.
Buzz Technologies, Inc. special project division has already proved itself to be a great revenue source for the company having completed projects for the military and large scale corporations in the property sector. 2008 will see the property related services increase ten fold after the launch of 12property.com.
Military and Government contracts for the period will contribute substantially to the companies profit.
Our own TV channel broadcast over satellite capable of reaching most of the world is on track to launch very soon. We are currently in the process of hiring 100 writers/content providers some of whom have already joined the company initially they will be providing content to Actorvist.com and some will advance to writing scripts and other production roles at the TV station. Yahoo recently launched Yahoo Buzz cornerstone staff being 100 amateur bloggers, certainly an attempt to keep cost low during a difficult time for Yahoo.
The emerging battle between Microsoft, Yahoo and AOL provides Buzz the perfect opportunity to use its low cost content provision and IT services to rapidly increase it's Internet recognition. To capitalize on this Buzz is on the verge of releasing a new ad server that can deliver ads to web, mobile and TV. These ads will be integrated into every facet of the Buzz platform
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