--(www.USEquityNews.com)-- 08/07/2008 - Internet Information Provider industry alert provided by U.S. Equity News. eDiets.com, Inc. (NASDAQ: DIET), leveraging the power of the Internet to bring diet, fitness and healthy lifestyle solutions to everyone, recently announced results for the second quarter and six months ended June 30, 2008. Revenues for the second quarter of 2008 were $6.5 million, compared to $7.6 million in the prior year period. Net loss for the quarter was $(3.1) million, or $(0.12) per diluted share, for the second quarter of 2008, compared to $(1.4) million, or $(0.06) per diluted share, for the second quarter of 2007. Adjusted EBITDA*, defined as net income (loss) before interest, taxes, depreciation, amortization, stock-based compensation, severance charges, bad debt expense and loss on disposition of assets, for the quarter ended June 30, 2008 was $(1.4) million compared to ($0.4) million in the prior year period.
Publicis Groupe and Google (NASDAQ:GOOG) announced recently that Publicis Groupe has agreed to acquire the Performics search marketing business (Performics) from Google. Chicago-based Performics, one of the leading search marketing services providers, helps to improve the performance of advertisers' investments and maximize client campaign effectiveness. Its profit-driving suite of marketing solutions includes Performics' reporting platform, local platform, advanced market expertise and active account management. The acquisition of Performics will enrich Publicis Groupe's strong search capabilities and strengthen the offering of the VivaKi Nerve Center, a new strategic entity launched by the Groupe last June.
DigitalFX International, Inc. (AMEX: DXN), a digital communications and streaming video provider, recently announced that it has deployed its much anticipated and improved Media Vault for storing and transcoding videos, now allowing for personal video messages to be viewed on newer 3G phones such as those offered by Apple and Nokia. The Media Vault is a feature of the company's flagship product, the Studio, a robust web-based streaming video and digital asset management tool. The Studio, as featured on www.helloworld.com, allows users to easily broadcast and record live content over the Internet as a public, private, or pay per view session; manage all their text email as well as reply or create video email; video group chat with up to four others simultaneously; post video on demand, and video podcast and blog.
Equity Solutions Inc. announced it is currently featuring IAS Energy, Inc. (OTCBB: IASCA) www.iasenergy.com) on USEquityNews.com. IAS Energy announced that www.video1314.com had record web site traffic with over 14.3 million monthly hits to its site in June, 2008. "We are on track to becoming one of the top destination sites in Asia," said Samuel Kam, Vice President of Internet Development for IAS Energy, Inc. "We are now averaging more than half a million clicks to our site each day and expect this to increase substantially in the coming months through the introduction of more user-friendly interfaces in the future." Video1314.com is a fast growing Chinese Web 2.0 platform (similar to www.youtube.com) that allows users to share videos, music, audio as well as sell goods and services using videos in its marketplace. Since its launch, Video1314 has attracted millions of users and is fast becoming one of Asia's top Web2.0 destinations. Video1314.com currently serves the Greater China region, which includes mainland China, Hong Kong, Macau and Taiwan.
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