Thursday, July 17, 2008 NEWS UPDATE
Stock Alert Update
DigitalPost (OTCBB: DGLP)
Major News Announced Today!
Westgate Resorts Launches New Digital Media-Sharing Service Powered by DigitalPost Interactive
World’s Largest Privately-Held Timeshare Company Now Offering Custom Version of TheFamilyPost.com through WestgateSpace.com
Today’s announcement from DigitalPost marks a significant turning point in DGLP’s revenues and earnings going forward literally from this day on! We offer more explanation through some numbers below, and conclude that the current share price of DGLP is quite simply a bargain at this price level. Read on.
Based on previously released information, Westgate agrees to market the new family website service to its 500,000 existing timeshare owners and the 300,000 prospects they receive every year. In addition, Westgate agrees to deliver trial subscriptions of the service to every new member they receive. Additionally, Westgate agrees to make the family website platform accessible through one of its corporate websites, which its customers can log in to create and manage their family website.
The Westgate system is now live and ready to begin. Our research indicates that anywhere from 20 to 60% of all Westgate timeshare owners will retain the service at an average cost of $8 per month. This means after one year and one month (the first month is free), DigitalPost will see anywhere from 100,000 to 300,000 new paid accounts through the WestgateSpace website, and possibly many more from prospects. Even on the low side, DigitalPost would roughly split $800,000 in revenues each month, or $9.6 million each year.
Remember, the huge agreement with Kiddie Kandids and deployment of its private-label version should occur within 60 to 90 days. The Green Baron Report maintains between all current partnerships and agreements that DigitalPost will generate between $15 and $30 million in revenues next year and show at least .10 to .20 per share in earnings before taxes based on 60 million shares outstanding. At just 10 times earnings, DGLP would trade between $1.00 and $2.00 per share.
At just .11 or .12 per share, we obviously view DGLP as an absolute steal. We urge members to really check this out on your own and challenge you to conduct your own due diligence. If you have any questions, please let us know by emailing us at contactgreenbaron@roadrunner.com.
IRVINE, CA and ORLANDO, FLA July 17, 2008 – DigitalPost Interactive (OTCBB: DGLP) (www.dglp.com), a leader in the digital media sharing and social networking space, announced today that Westgate Resorts, the largest privately-held timeshare company in the world, has deployed a private-label version of www.TheFamilyPost.com through its new portal, www.WestgateSpace.com. The new service called www.WestgateFamilies.com provides Westgate’s half a million timeshare owners and resort guests with the ultimate online solution for storing and sharing their best vacation photos, videos, and more, in a fun, engaging and personalized environment.
“These websites enable our owners and guests to develop an online presence for families to share their vacation experiences,” said David Siegel, President and CEO of Westgate Resorts. “Our owners now have a digital home to store their vacation memories!”
As part of the launch, Westgate is now offering 30-day trial subscriptions of the service to all owners and guests at its flagship property, which can then be purchased for between $4.95 and $11.95 a month. Designed with a full range of features including full-screen slideshows, interchangeable templates, rich videos, and custom family newsletters, the private-label service combines the very best elements from TheFamilyPost.com, which PC Magazine recently named one of the “Top 10 Apps to Preserve Memories.”
“This summer, Westgate families will have an engaging new way to build and preserve their vacation memories on the Web,” said Michael Sawtell, CEO, DigitalPost Interactive. “We’re looking forward to working with Westgate Resorts to continue enhancing the American vacation experience for years to come.”
About DigitalPost Interactive
DigitalPost Interactive is a SaaS (Software as a Service) and application provider that delivers B2B and B2C digital media-sharing solutions that are both easy to offer and easy to use. The company’s visually-stunning, user-friendly Web 2.0 technology gives consumers a single, engaging place online for permanently storing and sharing a lifetime of digital media and memories, connecting with family and friends, and keeping organized in today’s digital world.
Completely scaleable and re-brandable, DigitalPost Interactive’s technology gives companies in the photo, travel, entertainment, sports, and other vertical markets a fast and efficient way to offer dynamic Web 2.0 products and services. This technology can create exciting new revenue streams for all companies looking to monetize this emerging new Internet opportunity. For more information about DigitalPost Interactive or its consumer site TheFamilyPost.com, please visit www.dglp.com.
About Westgate Resorts
Through David A. Siegel’s vision, persistence and resourcefulness, Central Florida Investments, Inc. (CFI) has become the largest privately held corporation in the Central Florida area. Founded in 1970 as a real estate development firm, CFI now operates dozens of other businesses in addition to Westgate Resorts including: hotels, insurance, magazines, real estate, travel services, oil, cattle, and internet companies.
From a tiny orange grove and the dream of a man working out of his garage, Westgate Resorts and its parent company, Central Florida Investments (CFI), have grown into the largest privately-held timeshare company in the world employing over 10,000 around the United States.
Westgate’s newest and most ambitious product is a testament to the vision of the company’s founder. Soaring fifty stories above the strip in Las Vegas, Nevada, the Planet Hollywood Towers by Westgate is the only timeshare property directly connected to a major hotel/casino on the Las Vegas strip. When completed, the project will boast over 2,850 timeshare units and thirty-two luxury penthouse condominiums and will cost an estimated $1 billion.
Any forward-looking statement in this press release is made pursuant to the safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors, technological developments, regulatory matters and increased competition. The company disclaims any obligation to update any such factors or to publicly announce results of any revisions to the forward-looking statements contained herein to reflect future events or developments.
Contact DigitalPost Interactive:
Media Relations:
Mike Maloney
Ph: 714-824-3009
mmaloney@digitalpostinteractive.com
or
Investor Relations:
Ph: 949-544-1392
ir@digitalpostinteractive.com
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