CHARLOTTE, N.C., May 29, 2014 (GLOBE NEWSWIRE) -- Doyal Bryant, Chairman and CEO of UBL Interactive, Inc. (OTCBB/QB:UBLI) ("UBL"), The Local Leader with Global Reach™, today issued a detailed operational update, commenting on key corporate developments, recent fundamental successes and future growth strategies that are serving to define UBL's operational goals and objectives for the next 12-24 months. Bryant stated:
"2014 has already proven to be a year of historic transformation and reinvention for UBL Interactive and our Universal Business Listing service. The results we are achieving on numerous fronts speak to the strength of our business model; the expanding value that we are bringing to our customers and channel partners; the impact of our growing suite of local search monitoring, owner verification, management, syndication, reporting and analytics services; and the determination of our people to do what it takes to maintain our Company's position as the 'Local Leader with Global Reach™.'
"When Chris Travers and I founded UBL in 2007, we viewed the greenfield opportunity in online Local Search as one in which our Company could – and inevitably would – pioneer effective methods for helping businesses to be found on the Internet by syndicating accurate listing information to all of the popular search engines and online business directories used by consumers to find local providers of products and services. Our Universal Business Listing service quickly grew, earning distinction as one of the preferred business listing syndication solutions available to U.S. business owners. However, it is the success of several growth initiatives we've implemented over the last 12 months, coupled with dynamics in the Local Search market place, that have helped to propel UBL onto the global stage.
"Today, billions of searches are being conducted to find local businesses, products and services. More importantly, the expanding utility of mobile computing devices and the growing body of searchable content is changing how people search. What began as a means to enable businesses to have vital business listing information found on the Internet as a convenience for local customers, has given way to mandates for technological capabilities and expert human support to determine all of the ways and means necessary to deliver rich, robust, multi-media content that drives and promotes new customer acquisitions. Consequently, local search, search engine optimization, digital marketing and advertising are all converging – and in the process, is creating unprecedented growth opportunities for companies like UBL.
"As a result of the new market demand for better solutions, the 'Local' ecosystem has fast become a complex, confusing and often chaotic realm defined by a broad range of disparate solution providers. Moreover, all of these providers are working at cross purposes while attempting to address the need to overcome unverified, inaccurate or notably lacking business information available in the connected universe. This is true not just in the U.S., but in every developed country in the world.
"For these reasons, UBL has been investing in the expansion of our global infrastructure to support development and implementation of a number of new and enhanced online presence management, reporting and analytics solutions for agencies, enterprises and SMBs on a worldwide basis. Our suite of solutions now encompass:
- local business claiming and verification services, using our patent pending ClaimCard™, which serves to simultaneously promote and protect a business and its online content;
- search engine optimization services;
- multimedia content management services, including in-depth business profiles, webcards, menus, videos, logos and other photo media, article and blog editorials, and micro-blogging sites and posts, among others;
- multimedia content syndication to hundreds of local search engines and directories, digital marketing platforms, social networks, video and photo sharing platforms, and mobile apps;
- confirmation and correction of location data and pin placement in local mapping services and in GPS navigational apps;
- reputation monitoring, to include reports on consumer reviews and ratings; and
- customized, in-depth listing analytic services.
"With U.S. field operations outside of Charlotte now in Charleston, Chicago, New York and Southern California, and internationally in the United Kingdom, Canada and Australia, UBL is working diligently to expand our geographical points of presence and service footprint to include introducing our services to SMBs in up to eight new international markets in the near future.
"In addition, given our global distribution capabilities; the scalability of our platform; and the fact that we are able to support the onboarding of hundreds of thousands of businesses through our API connectivity, white labeling programs, ecommerce platform and bulk feeds, our revenue growth is expected to be pronounced as we continue to execute our exciting business plan.
"In an effort to help us qualify, value and negotiate potential key acquisitions and strategic business partnerships, and to assist us in formulating and implementing sound capital formation strategies, we have recently engaged a New York-based investment banking firm to work closely with our management team. We look forward to providing further details regarding our corporate finance initiatives in the coming weeks.
"By building on our historical successes and implementing new business development strategies with forethought and purpose, we are confident in our ability to accelerate UBL's future growth and win enduring leadership as The Local Leader with Global Reach. To recap, here are our key growth objectives for 2014:
- Promote global awareness of UBL brands and our Universal Business Listing solutions.
- Continue to expand our network of over 3400 channel partners and strategic business partnerships on a global basis.
- Introduce new performance-driven solutions and services.
- Effectively market direct-to-business owners and enterprise companies with a goal of materially increasing UBL's market share.
- Pursue accretive acquisition and integration of companies offering complementary, proprietary product and service offerings.
- Increase awareness of UBL as a compelling investment opportunity through non-deal road showing; presentations at well attended financial conferences, and proactive education of investors, equity analysts and qualified investment professionals.
- Position the Company to pursue an up-listing to a national exchange if and when we meet the listing requirements.
"In closing, I would like to re-emphasize how excited I am about the future of UBL Interactive and the compelling value proposition that the expanding Universal Business Listing solution suite represents to the world's business communities. We are very proud of the pioneering role that UBL has played in the emergence of what other industry insiders have recently defined as a $42 billion and growing Local industry, and believe we will remain at the industry's forefront for years to come.
"Finally, I'd like to use this opportunity to give sincere thanks to our shareholders. We recognize that through your investment in our Company, you are expressing your confidence in our ability to execute; and we take that responsibility to heart and intend to be relentless in our efforts to deliver," concluded Bryant.
About UBL Interactive and Universal Business Listing
Headquartered in Charlotte, North Carolina and having served over 200,000 businesses across North America, the United Kingdom and Australia, UBL Interactive is the owner and operator of the Universal Business Listing (UBL) service. Through UBL, the Company provides business identity management tools for businesses large and small, as well as SEO providers, advertising agencies and interactive marketers to help their customers distribute their business details as a trusted source across search engines, online Yellow Pages directories, 411 directory assistance, social networks and mobile devices. The Company also offers reputation monitoring tools and a variety of premium Local SEO optimization services. For more information on the Company and its Universal Business Listing solutions, please visit our web sites at www.ublinteractive.com or www.ubl.org.
This news release may contain forward-looking statements. Forward-looking statements are indicated by words such as "expects," "intends," "anticipates," "believes," "forecasts," "plans" and similar expressions. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. These risks and uncertainties, include, without limitation, our ability to successfully centralize and consolidate various support functions, operating results, market acceptance of our solutions, strong brand recognition and other risks detailed from time to time in our reports filed with the Securities and Exchange Commission. These forward-looking statements are made in accordance with "safe harbor" provided by the Private Securities Litigation Reform Act of 1995 and no assurance can be given that the future results that are the subject of such forward-looking statements will be achieved. The Company undertakes no obligation to publicly update or revise the forward-looking statements, whether as a result of new information, future events, or otherwise.
CONTACT: At UBL Interactive, Inc. Call Hanover|Elite Kathy Addison, Chief Operating Officer Phone: 407-585-1080 or via email at UBLI@hanoverelite.com
Source:UBL Interactive, Inc.