Ostara Reports Increased Revenue at uCoast.com
Wednesday March 30, 11:02 am ET
WERNERSVILLE, Pa.--(BUSINESS WIRE)--March 30, 2005--Ostara Corporation (OTC:OTRC - News) is pleased to announce that revenues for it's uCoast.com online automobile classifieds have increased an average of 74% for the first two months of 2005 over the same period of 2004. The February 2005 net revenues from increased 10.2% over January 2005 net revenues. This trend of increasing gross and net revenues is anticipated to continue at a similar rate as an aggressive marketing plan to add new media partners is being implemented. Because of the large database of used cars compiled by the deep web crawler, media partners' web traffic and revenue has been steadily and significantly increasing. Website traffic is over 3,500,000 page requests per week and climbing rapidly.
uCoast.com is committed to increasing revenue for its media partners by helping them to monetize their brands on the web. uCoast.com currently powers several classified sites including KSLcars.com in Salt Lake City, UT; KOMO4cars.com in Seattle, WA; CarsOnnews10.com in Sacramento, CA; and Omahacars.com in Omaha, NE, among others.
Media partners wishing to take advantage of this proven revenue generating model can contact us at info@ucoast.com.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the Company's operations, imprecision in estimating product reserves and the Company's ability to replace and expand its real estate interests. Ostara Corp. assumes no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise.
Contact:
Ostara Corporation, Wernersville
by
PIR LLC
Brad Novak, 949-661-5780
www.ostaracorp.com
Hope Is Not An Investment Strategy!
Remember to do your own DD
