Webloyalty News- Revenues to Exceed $100 Million
Webloyalty Customer Loyalty Programs
Track Record of Boosting Profits of Top Internet Retailers
NORWALK, CT. (March 6, 2006) - Webloyalty, a leading provider of online
marketing and subscription services, today announced it increased total
revenues to $108.6 million in 2005, a 26% increase from its $86.2
million total revenues in 2004. Webloyalty also has had 12 consecutive
quarters of profitability and a 91% compound annual growth rate over
the past 3 years. Leading Internet retailers turned to Webloyalty to
drive new revenues, repeat purchases and provide significant new value
to their customers.
During the past year, Webloyalty completed a strategic transaction with
General Atlantic LLC, a leading global private equity firm, which
helped drive its revenue growth and also strengthened its leading
position within the online marketing industry. Webloyalty was also
ranked among the top 10 fastest growing technology companies in North
America in Deloitte's 2005 Technology Fast 500 Program and ranked No. 1
on the 2005 Deloitte Connecticut Technology Fast 50.
"We are excited about achieving another year of profitability and
expect to continue our significant revenue growth in 2006," said Rick
Fernandes, CEO and founding partner of Webloyalty. "Our ability to
deliver valuable marketing services to our clients has been an
important part of Webloyalty's growth and helped position Webloyalty
for continued success"
This year, Webloyalty renewed multiyear, multimillion-dollar marketing
contracts with clients, such as Time-Life, Haband Online, Joann.com,
Marketworks.com and Lillian Vernon, and in 2006 has already signed a
contract with FTD.COM, (NYSE: FTD). Webloyalty's customer base has also
grown to more than 1.6 million subscribers and its largest e-commerce
clients generate millions per year in commissions, with programs
typically driving between $0.50 and $2.00 per customer transaction.
Webloyalty's trustworthy, subscription-based programs deliver to its
members savings and travel discounts, cash rebates, extended warranties
and fraud protection, among many other benefits. The programs include
Travel Values Plus, Buyer Assurance, Wallet Shield, Reservation
Rewards, Shopper Discounts & Rewards and its newest program,
Distinctive Privileges .
About http://www.webloyalty.com
Webloyalty is one of the leading online subscription and marketing
services companies providing customized programs to e-commerce, travel
and other fee-based businesses. Through its range of innovative
Internet products, like Reservation Rewards, Webloyalty enables its
clients to generate new revenues and increase repeat purchase rates
while offering their clients' customers a range of subscription
services in a credible and trustworthy environment. Founded in 1999, in
response to the emerging needs of e-commerce companies, Webloyalty has
a client roster of 100 companies. Since its inception, the company has
been dedicated to marketing responsibly on behalf of its clients to
their customers by offering a new model of customer-friendly
subscription services. Today, over 1.6 million online subscribers enjoy
savings and protection from Webloyalty's services. Most recently,
Webloyalty was named the fastest growing technology company in
Connecticut, finishing first in Deloitte's prestigious Technology Fast
50 Program for Connecticut, and finished No. 8 on the 2005 Deloitte
Technology Fast 500, a ranking of the 500 fastest growing technology
companies in North America.
Visit http://www.webloyalty.com for more information and learn more
about it's customer loyalty programs.