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AdPay, Inc. Posts Strong Q4 Sales and YOY Growth
Media industry continues deployment of AdPay’s proven self-service classifieds platform.
DENVER, Colo., January 11, 2010 - AdPay, Inc. the leading provider of online and print classified solutions to the media industry, today announced that it closed 2009 with strong sales and 30% YOY growth. In spite of poor economic conditions surrounding the general economy and media companies in particular, AdPay has achieved eighteen straight months of profitability. This includes growth in every dimension of the business. Adpay’s CEO, Mike Heene, attributes this success to superior products, on-time implementations, exceptional customer support for internal and external users, and best practices which deliver real results. Heene states, “AdPay’s practice of consultancy and collaboration with their partners enables us to continually innovate and deliver solutions to meet increasingly complex print and online requirements."
AdPay's patented Click-N-Buy Classifieds™ e-commerce-enabled online classifieds suite delivers self-service print and online classified order entry, online marketplace, vertical portals and local retailer solutions. A key piece of the puzzle, AdPay’s Classified Network links buyers and sellers locally and nationally in the largest and fastest growing media classified network in the US.
Media companies choosing AdPay’s classifieds solutions in the fourth quarter 2009 include Morris Publishing Group for all print properties, Annapolis Capital Gazette, ASP Westward (Longview and Marshall), Grand Junction Daily Sentinel, Lawrence Journal-World, Steamboat Pilot, St. Louis Globe Democrat, Victoria Advocate, Waco Tribune-Herald and Winston Salem-Journal.
About AdPay
AdPay, Inc. is the leading provider of online classified e-commerce solutions to the media industry. The AdPay Classified Network is the media industry’s largest and fastest-growing classified network covering 63 of the top 100 DMAs. AdPay customers include but are not limited to: Advance Internet, Belo Interactive, Cablevision, E.W. Scripps, Gannett, Media General, Morris Communications, Newport Television, The New York Times Company, Raycom, World Company, and leading independent publications including the Columbus Dispatch, Milwaukee Journal-Sentinel, San Diego Union-Tribune, St. Petersburg Times and Minneapolis Star Tribune. For more information, go to www.adpay.com.