Navigation Links
Disaboom Announces Preliminary Third Quarter Results
Date:10/8/2008

Increased Website Traffic, Collections, and Revenue

DENVER, Oct. 8 /PRNewswire-FirstCall/ -- Disaboom (OTC Bulletin Board: DSBO, http://www.disaboom.com), the premier online community for people with disabilities, announced today preliminary financial results for the third quarter, which ended September 30, 2008 (not reviewed).

"Despite the current economic turmoil, we made solid progress in our revenues and collections during the third quarter, and continue to aggressively manage our expenditures," says J.W. Roth, Chairman and CEO. "In addition, given our current budget and financial projections, our cash reserves should last until at least August of 2009."

For the third quarter of 2008, Disaboom reports the following preliminary results:

-- 35 percent growth in revenues over the previous quarter, or

approximately $190,000 in online CPM advertising, sponsorship, and

marketplace revenues.

-- A 200 percent increase in cash collections over the previous quarter,

including checks received on October 1, 2008, or approximately $385,000

in collections.

-- A $3.2 million cash balance as of September 30, 2008.

-- An 80 percent reduction in online media/advertising expenditures versus

the previous quarter; 90 percent of the Company's total traffic in

September 2008 was organic; monthly unique visitors increased 50% from

August to September 2008.

-- A 20 percent reduction in total cash operating expenses versus the

previous quarter.

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, http://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
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Disaboom Survey Reveals 52 Percent of Americans Would Rather be Dead Than Disabled
2. HHS Announces $75 Million in Supplemental Funding to States for Pandemic Flu Preparedness
3. CRC Health Group Announces Acquisition of Bayside Marin Recovery Center, San Rafael
4. UHW Announces: Antelope Valley Hospital Caregivers and Board Vote to Ratify First Union Contract With SEIU UHW-West
5. HEI, Inc. Announces Sale of RFID Division Assets
6. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Zyloprim(R)
7. Mettler-Toledo International Inc. Announces Webcast of Presentation at Thomas Weisel Partners 2007 Healthcare Conference
8. Z Trim Announces Revocation of Gregory Halpern Severence Agreement
9. Brooke Franchise Corporation Announces Selected July Results
10. Manor Care, Inc. Announces Record Date for Special Stockholder Meeting
11. Caraco Pharmaceutical Laboratories, Ltd. Announces FDA Approval to Market Generic Version of Adipex-P(R)
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/5/2016)... Utah (PRWEB) , ... May 05, 2016 , ... ... life support certifications, is pleased to announce its new referral program, giving participants ... , “Healthcare is a tight-knit community, and we know many professionals share resources ...
(Date:5/5/2016)... ... May 05, 2016 , ... MAP Health ... announced today that Enlightened Solutions has joined the Premier Outcomes-Driven Provider Network. By ... continuum for their patients being treated for substance use. , Enlightened Solutions was ...
(Date:5/5/2016)... , ... May 05, 2016 , ... Linfield College Online ... BSN degree program by waiving the $50 application fee for all qualified applicants from ... Nurses Week Fee Waiver option when applying . , With the ...
(Date:5/5/2016)... ... , ... Augusta Public Schools has teamed with CareDox to provide confidential and ... offices to streamline and bolster care for district students. , Augusta School District, ... schools serve 2,300 students among its six schools. , Monica Guilliams, BSN, RN, ...
(Date:5/5/2016)... ... May 05, 2016 , ... BloodHub, the nation’s ... service orders. Blood suppliers and their hospitals use BloodHub for order management, ... active users across 2,100 hospitals who use our platform to processes thousands of ...
Breaking Medicine News(10 mins):
(Date:5/4/2016)... Research and Markets has ... Ischemic Stroke Market and Competitive Landscape Highlights ...      (Logo: http://photos.prnewswire.com/prnh/20160330/349511LOGO ) ... Market and Competitive Landscape Highlights 2016, provides ... products, Acute Ischemic Stroke epidemiology, Acute Ischemic ...
(Date:5/4/2016)... 2016 Research and ... Actinic Keratosis Market and Competitive Landscape Highlights ...      (Logo: http://photos.prnewswire.com/prnh/20160330/349511LOGO ) ... Landscape Highlights 2016, provides comprehensive insights into ... Actinic Keratosis market valuations and forecast, Actinic ...
(Date:5/3/2016)... 2016 Global Insulin Needles ... 09 key companies and supported with 272 tables ... study on the current state of the Insulin ... industry including definitions, classifications, applications and industry chain ... for the international market including development history, competitive ...
Breaking Medicine Technology: