Science & Technology
Science and Technology
Science and Technology
Mon, December 1, 2008
Disaboom Crosses One Million Unique Visitor Threshold, Realizing 100% Monthly Growth
DENVER--([ BUSINESS WIRE ])--Disaboom (OTCBB:DSBO)([ www.disaboom.com ]), the premier online community for people with disabilities, today announced that it achieved one of its key benchmarks – a million unique visitors per month – months in advance of its own projections.
"We knew we'd been making steady and substantial progress over the past months," notes Disaboom CEO John Walpuck, "but these results greatly exceeded our expectations." Disaboom reports:
- Over 1.3 million monthly unique visitors to the Disaboom Network for the month of November 2008, or 98 percent growth versus October 2008.
- 67 percent average monthly growth in visitors to the Disaboom Network for the period August – November 2008.
- 103 percent growth in monthly unique visitors for the Company's flagship site [ www.disaboom.com ] for the month of November 2008 versus October 2008.
- Over 275 percent growth in return visits for the month of November 2008 versus October 2008; total return visits during November 2008 surpassed total return visits for the period July through October 2008 combined.
"In addition, despite the current economic climate and capital market conditions, we continue to make solid progress with our revenues and collections, and continue to aggressively manage our expenditures" notes Walpuck, "we previously reported in October 2008 that our cash reserves should last until at least August of 2009; given our latest budget and financial projections, our cash reserves should last until at least October of 2009 by which time we expect to be cash flow positive."
About Disaboom
Disaboom, Inc. was founded as a dynamic, diverse, and interactive online community dedicated to constantly improving the way people with disabilities or functional limitations live their lives. It also serves as a comprehensive online resource not only for people living with such conditions, but also for their immediate families and friends, caregivers, recreation and rehabilitation providers, and employers. More than 54 million American adults live with disabilities or functional limitations today in the United States alone. Founded and designed by doctors and fellow disaboomers to meet this community's specific needs, [ www.disaboom.com ] brings together content and tools, ranging from specialized health information to social networking to daily living resources, in a single interactive site.
This press release contains forward-looking statements regarding future events and the Company's future results that are subject to the safe harbors created under the Securities Act of 1933 (the "Securities Act") and the Securities Exchange Act of 1934 (the "Exchange Act"). These statements are based on current expectations, estimates, forecasts, and projections about the industry in which the Company operates and the beliefs and assumptions of the Company's management. Words such as "expects," "anticipates," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," "continues," "may," variations of such words, and similar expressions are intended to identify such forward-looking statements. In addition, any statements that refer to projections of the Company's future financial performance, the continuing development of the Company's website, the prospects for selling advertising on the website and new visitors and visitor page views related to advertising agreements, the Company's anticipated growth and potentials in its business, and other characterizations of future events or circumstances are forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties, and assumptions that are difficult to predict, including those identified under "Risk Factors" in our Form 10-K for the year ended December 31, 2007. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements.
SOURCE Disaboom
