Online Advertising Network Buds Inc Has Record Growth in 2005 and Creates Spinoff, CPX Interactive
Buds Media a direct response marketing service on the internet has record growth in 2005. The fourth quarter has revenue estimates $2,800,000 while serving over 10 billion advertising impressions across the Internet.
Rockville Centre, NY (PRWEB) January 2, 2006 -- CPX Interactive, the new face of Buds Inc, has been established due to the high record growth of Buds Inc in 2005. The optimization techniques from Yield Manager, along with the company's inner talents allowed Buds Inc to finally take full control of the potential that was seen in the second half of 2005. The new name and branding efforts should have a positive effect on the market place to bring in all advertisers and agencies on any buying model.
"The increase of revenues and profitability has allowed us to expand into new areas of the Internet. The rapid growth can be contributed to our small size, which enables everyone to be in constant communication. 2006 should be another big year with more strategic partnerships lined up with major websites and ad networks," says Mike Seiman the CEO of CPX Interactive. "Many large websites now realized that with a 100% fill, they generate more overall revenue with us instead of with one ad network cherry-picking traffic and then sending defaults to tiered ad networks."
Buds Inc finished the fourth quarter with estimated gross revenues of $2.8 million with estimated net income of $750,000. Buds Media served over 10 billion impressions in the fourth quarter.
CPX currently has a new product in development, which will be one of the focuses for 2006. The new project "Reward Toolbar" will finally allow Internet users to reap the benefits for signing up for services. This product during initial testing in 2005 showed positive results in user involvement.
About us:
CPX Interactive a subsidiary of Buds Inc utilizes the Yield Manager adserving platform. The company has over 800 websites under direct contracts and strategic partnerships with the largest ad networks in the world to deliver more than 4 billion advertising impressions each month. For more information, visit www.cpxinteractive.com
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