Dallas, TX, May 01, 2010 --(PR.com
)-- NSearch Technology, Inc., www.nsearch.com an e-commerce and proprietary software company based in Dallas, Texas, announced today that they intend to expand their business model to include community based software designed by NSearch’s founder and CTO, Glenn Canady. Mr. Canady founded and developed GLC Ventures, Inc. and 5-Star Technologies, Inc. in 2002, both e-commerce based businesses. He quickly built both companies to million+ dollar annual sales. He holds a Bachelors of Science in Mechanical Engineering from Louisiana Tech and a Masters of Science in Mechanical Engineering from Georgia Institute of Technology, Atlanta, GA. “This is by far the most exciting and fastest growing industry I have seen in the past 20 years. We encourage our members to be active participants in their most passionate interests, whether it be Alternative News, www.project.nsearch.com golf, weather, NASCAR www.cars.nsearch.com or politics, we have something for everyone,” says Glenn.
The new community oriented strategy will allow NSearch to reach millions of people by strategically targeting potential customers by evaluating their interests in certain products. The company’s recent pilot programs, Automotive, Health and Alternative News have been productive by creating communities of special interest. The company plans to create communities to service golf, survival and organic gardening, dating, boating and fishing in the near future. NSearch President Jeff Osburn said, “We are all very excited about the recent explosive growth of our membership. Building communities and allowing each member to have their own free blog pages and real time forums for discussion, is attracting all those that want to express their thoughts and ideas to an ever growing global audience.” He also added, “We are at the gateway of an emerging industry that offers huge potential for revenue as major advertisers can now target an audience that is passionate about their specific products and services.”
According to Plunkett Research, Ltd, Internet advertising will generate in excess of $59B in 2010 with $24.9B spent in the US alone. The current number of world wide Internet users is expected to grow from 578M to over 1B by 2013 with advertising spending more than tripling. “Our research shows us that this is a recession proof industry and Internet communications is still in the infantile stages,” says Mr. Osburn. “This is an opportunity to be a part of a group that is positioning themselves to take advantage of this emerging industry. If you missed getting in on any of the current giants of the industry when prices were low, now is the time to get in,” he continues.
NSearch has been growing at an astounding rate of over 40% per week since initiating the community building pilot programs in early 2010 and a 20% status increase with Alexa Ranking System over the past 3 month period. NSearch is unique as it supports it’s communities with over 1 million pages of products, has over 1,000 members, and attracts over 40,000 viewers per day. The company is poised to attract major advertising revenue from their rapid growth in addition to revenue already generated from sales and referrals.
About NSearch Technology: NSearch Technology, Inc. is a debt free privately owned Nevada registered company founded in 2007. The company owns a number of the product web sites including the recently acquired www.5starshine.com with sales revenues in excess of $1M per year.
The company’s focus is on building communities of special interest with free memberships. NSearch members will have easy access to new products and technology related to their community from NSearch’s home product site. The company uses proprietary software to enhance their growth and to reach out to potential customers.
The company operates on a low overhead, high yield strategy under the guidance of a Board of Directors of seasoned veteran business executives dedicated to the highest standards of ethics and integrity.
For Investor Relations information, contact: George Schilling at: 561-630-7859