Consumers Guide Acquires BNC Division, Launches Angel Funding Round
Atlanta, GA, June 24, 2009 --(PR.com)-- Consumers Guide Inc.(CGA), a privately held software development and internet services firm, today announced that it has acquired the software programming division from BNC Services.
"This acquisition will enable CGA to speed up the development of the proprietary one-stop consumer portal that CGA has been developing for the past year. The two main sites in the Portal, www.consumersguideofamerica.com and the comparison shopping engine, www.cgasuperstore.com will soon be transitioning to beta testing.” stated Cary Smith, Consumers Guide’s Chairman and CEO. "We felt the timing to include the technology offered from BNC now would expedite our portal development cycle including our new “Send To Phone” application that will enable consumers to access the needed information to make an educated buying decision whether online or offline.”
Consumers Guide, Inc. has launched its first round of Angel Funding. More information can be obtained from: www.consumersguideofamerica.com/investment/index.html. “With the eBay acquisition of Shopping.com for $620 million with a multiple of 50 times earnings, we feel that the Consumers Guide portal with its comparison shopping engine brings immediate value to all stakeholders and new investors. When you are the only one-stop source Portal currently on the Internet, the growth potential will be huge” added Mr. Smith.
About Consumers Guide, Inc.
Consumers Guide, Inc. was spun off from CMG, a privately held full-service technology consulting firm based in the Atlanta, Georgia area. The Consumers Guide Portal will consist of 10 sites each developed to provide the most current and up to date information to and for consumers. A consumer can “Search”, “Compare” and “Save” using the shopping engine with thousands of national and local merchants offering millions of products. The other sites will focus on consumer “How-To” education using video tutorials, articles, reviews, product comparisons, search engine and a recall database.
Contact: Charles Mason
770-363-5580
Email: cmason@cgasearch.com
Web: http://www.consumersguideofamerica.com
###
"This acquisition will enable CGA to speed up the development of the proprietary one-stop consumer portal that CGA has been developing for the past year. The two main sites in the Portal, www.consumersguideofamerica.com and the comparison shopping engine, www.cgasuperstore.com will soon be transitioning to beta testing.” stated Cary Smith, Consumers Guide’s Chairman and CEO. "We felt the timing to include the technology offered from BNC now would expedite our portal development cycle including our new “Send To Phone” application that will enable consumers to access the needed information to make an educated buying decision whether online or offline.”
Consumers Guide, Inc. has launched its first round of Angel Funding. More information can be obtained from: www.consumersguideofamerica.com/investment/index.html. “With the eBay acquisition of Shopping.com for $620 million with a multiple of 50 times earnings, we feel that the Consumers Guide portal with its comparison shopping engine brings immediate value to all stakeholders and new investors. When you are the only one-stop source Portal currently on the Internet, the growth potential will be huge” added Mr. Smith.
About Consumers Guide, Inc.
Consumers Guide, Inc. was spun off from CMG, a privately held full-service technology consulting firm based in the Atlanta, Georgia area. The Consumers Guide Portal will consist of 10 sites each developed to provide the most current and up to date information to and for consumers. A consumer can “Search”, “Compare” and “Save” using the shopping engine with thousands of national and local merchants offering millions of products. The other sites will focus on consumer “How-To” education using video tutorials, articles, reviews, product comparisons, search engine and a recall database.
Contact: Charles Mason
770-363-5580
Email: cmason@cgasearch.com
Web: http://www.consumersguideofamerica.com
###
Contact
Consumers Guide, Inc.
Charles Mason
770-363-5580
www.consumersguideofamerica.com
Charles Mason
770-363-5580
www.consumersguideofamerica.com
Contact
Categories