Fayetteville, NC, August 23, 2008 --(PR.com
)-- In July, more than 10,000,000 people used tyBit (www.tybit.com) a revolutionary new search engine to find their way across the Internet. Searches are doubling every month according to company officials. tyBit’s has added a channel reseller program called “AdVAR” for Advertising Value Added Reseller (www.tyBit.com/advars.php). AdVAR is a new and unique interactive advertising program designed to help, search engine affiliates, third party web hosting providers, and advertising agencies, create or expand their revenue opportunities in the multi-billion dollar on-line paid search industry. tyBit AdVAR’s receive a 20% commission on all advertising they purchase and manage for their clients. “The beauty of becoming a tyBit AdVAR is the ability to monetize your existing client base by providing online advertising. Early adopters can create an account for a mere 10 dollars until September 1, 2008. After Labor Day, the account set up charges will climb to $100.00. In comparison to the revenue potential of an AdVAR those are relatively nominal amounts to get started beyond that initial cost all you need is a computer and an Internet connection.” says Mike Noble, Director of Strategic Partnerships for tyBit.
In mid-June, tyBit announced the first production release of the long-anticipated tyBit search engine and toolbar. The innovative new search system is on schedule for a third quarter 2008 release, when partners, affiliates and advertisers will be able to sign up and begin using the application for profit. The tyBit ADVAR program allows value-added resellers to provide low cost, highly effective advertising to their existing clients. “We did this over thirteen years ago with web hosting with great success,” said Clarence Briggs CEO and Founder of tyBit and AIT (Brigg’s first multi-million dollar company). “Our advantage then and now is our large reseller base and their individual customer bases and presence within their communities. We don’t have to find users or advertisers, our partners and AdVARS do this. While we benefit from a lower marketing expense our resellers get to put personalized service back into an Internet ‘faceless’ business like paid search advertising.” Briggs and company predict that they will rapidly capture market share because tyBit revolves around serving its partners, advertisers and end users with superior search results and an unheard-of revenue share – up to 40% of gross.
By design, tyBit is a major shift for the online search industry, moving away from the centralized search engine model to a patent-pending, decentralized application that distributes web crawling, indexing, and browser content delivery. According to Sean McCoy, Chief Marketing Officer of the company, “tyBit will change the way we search and buy, and now with our AdVAR program anyone can become an Internet based ad agency with just a few clicks of the mouse.” The primary reason why small businesses and large enterprises alike should seriously consider tyBit is the highly lucrative PPC (Pay-Per-Click) ad module. “We have 6,000 advertisers using our PPC module in beta alone,” says Kitti Jo Finch, tyBit General Manager who expects to see a serious reaction to the AdVAR program. “We anticipate a rush of AdVAR signups by Ad Agencies, Webmasters and consultants who want to help their clients manage cost effective interactive advertising campaigns.”tyBit is an interesting initiative. It combines unique technology with a business model that allows traditional media to get back into the game and earn their share in the advertising market," comments Paul Stapleton, managing director of DH Capital, LLC.
There are approximately 12 million small businesses in the USA but only an estimated 300,000 have a legitimate web presence, and even fewer still understand online advertising. Given these facts, the localized relevant search delivered by tyBit, combined with the millions of potential customers seeking products and services online, means the Affiliate/AdVAR offers real potential to dynamic Internet services entrepreneurs. It's an interesting development that we will definitely keep our eye on,” says Berge Kaprelian, president and CEO of Beka Publishing and Channel Vision Magazine.
tyBit is a member of the Interactive Advertising Bureau, an industry trade association dedicated to maintaining the highest standards in online advertising. tyBit Inc. began development of its search engine and social network in late 2006, its beta version in the second quarter of 2008 and will “go live” end of third quarter 2008. “I have been one of the Beta advertisers,” said Wally Bell. “I am extremely impressed with the tyBit ad module, reports and results of my online PPC campaigns, so I will be advertising after the Beta.”
tyBit is affiliated with AIT (www.AIT.com), a technology company that has achieved 11 straight years of sustained profitability and has generated $100s of millions in revenue while creating a profound economic influence on its surrounding community. AIT has been named 2 times to the Inc. 500 list of fast growing firms, 3 times to the Deloitte & Touché Fast 500 list, and has been previously named as the NC Entrepreneur Firm of the Year.
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