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DealerAdvance CEO Comments on Company's Future Plans


Published on 2009-12-11 05:07:16 - Market Wire
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ADDISON, TX--(Marketwire - December 11, 2009) - DealerAdvance, Inc. (PINKSHEETS: [ DLAD ]) CEO Steven Humphries today provided his comments on the Company's future and 2010 plans.

On the pending name change to Cabal Communications, Humphries said, "we expect FINRA's approval by year end as we have answered all comments from FINRA with regard to the proposed change."

On Sports Page Weekly, Humphries commented, "in a down advertising market Sports Page has made great progress as we doubled our distribution and now have nearly 200,000 weekly readers. We expect revenues to follow in 2010. We are also preparing for the launch of 'DFW Hearth & Faintness,' our monthly publication in the 1st Quarter of 2010."

On Spectrum Broadcasting, Humphries said, "the partnership with Spectrum is a great opportunity for the Company to expand into the radio industry. This is a perfect time to acquire stations, as values are down, due to the advertising revenue slump... which was largely caused by the collapse of the US auto market. The radio industry historically has gone through these downward cycles and has always rebounded even stronger. We are confident that the demand for 'local' radio will continue to be an important part of the American lifestyle."

This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of DealerAdvance, Inc.'s future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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