Subjex Corporation Signs Acquisition Agreement with FarSuperior Management, LLC to Acquire Profitable Search Engine Directory

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Released on: 1, December 2005
, Author: Subjex Corporation
, Audience: Software related

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Subjex Corporation Signs Acquisition Agreement with FarSuperiorManagement, LLC to Acquire Profitable Search Engine Directory.

Minneapolis, MN, November 29, 2005: Subjex Corporation (SBJX.OB) announced todaythat it has signed an acquisition agreement with FarSuperior Management, LLC toacquire its primary business, FarSuperior.com. The integration into Subjex and thefinal closing will be completed prior to January 2nd 2006.

FarSuperior.com, is a profitable zip code/category-based business directory andsearch engine that fosters improved local interaction between local retailers andinternet searchers and their walk in customers.

Instead of going head-to-head with search giants like Google and Yahoo, FarSuperiorcompetes directly with local advertising options. Instead of listing millions ofresults, a maximum of ten businesses per industry category, per zip code are grantedan approved status and then only after they have been recommended by independentthird parties. All approved businesses are reviewed by the companyÂ's Secret ShopperService and must maintain a high rating by FarSuperior consumers. FarSuperior bringsSubjex a client base of over 1,000 paying merchants and is on target to achieve abase of 100,000 new merchants over the next two years.

 Most search directories offer no real value locally for the consumer and littletraceable return on investment for brick and mortar merchants. said WayneWarrington, FarSuperiorÂ's Founder,  FarSuperior.com rewards its users in realdollars by paying them when they recommend superior businesses in theirneighborhood. In addition, we provide merchants with a truly unique method for lowcost acquisition of new local customers, both in store-and on the web.Â

The FarSuperior.com business model was developed at its offices located inScottsdale Arizona over the past 5 years and is one of several profitable internetbusiness developed by Mr. Wayne Warrington. With a 12 year history of buildingsales force automation systems Warrington also founded TheEpicureanClub.com andLostMoney.com one of the nations leading private investigative agencies specializingestate research and unclaimed property. He also brings strategic cross-promotionpartnerships with these businesses that will benefit both FarSuperior and Subjex.His value driven attitude was inspired by his father, who was a senior White HouseAid to President Eisenhower and chairman of the President's Inter-GovernmentalGovernor's Board.

 The addition of FarSuperior and its revenue makes for a complete turn around forSubjex. Not only will our financial position be immediately and positively impactedby this acquisition, but our ability to execute on our current Subjex businessmodel, which historically has been starved for operational cash will be dramaticallyenhanced", said Andrew Hyder, Subjex Corporation CEO. "This is the fun part: we willnow move Subjex into a position of strength and dramatically change the landscapefor our shareholders.Â

Based in Minneapolis, Minnesota, USA, Subjex Corporation has become the standard inartificial intelligence dialogue reasoning customer service. Their products,SubjexCSR and SubjexME facilitate meaningful text-based humanlike conversations withthousands of web site visitors simultaneously, thereby reducing customer servicecosts and increasing sales - with little or no human intervention. For moreinformation and to try the technology for free visit the web site at www.subjex.comor call 952-931-0501.

This news release contains "forward-looking statements" within the meaning ofSection 27a of the Securities Acts of 1933 and Section 21E of the SecuritiesExchange Act of 1934. Although the Company believes that the expectations reflectedin such forward-looking statements are reasonable, it can give no assurance thatsuch expectations will prove correct.


Source: Express-Press-Release.com
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