LAS VEGAS - (Business Wire) ZZPartners, Inc. (
“ZZP
”) announced today that effective at its Orlando conference on September 27, 2008 it will commence its local business online advertising program. The program will allow local businesses throughout the U.S. to be able to advertise online on the ZenZuu website. The ads may be banner, audio or video. ZZP, recently formed in April 2008 and based in Las Vegas, Nevada, has the exclusive U.S. license rights to the ZenZuu online social network database and advertising revenue share model. The online social network was released out of beta on August 8, 2008 and has been officially launched. Henry Fong, CEO, commented that
“we are very excited about the release of the website as well as the advertising program which will enable local businesses throughout the U.S. to reach a specific targeted demographic at competitive rates.
” Recent research reports indicate there is a growing demand for local business owners to advertise online versus the traditional methods of print advertising.
About ZZPartners, Inc.
ZZPartners has a ten (10) year exclusive U.S. license to use ZenZuu, Inc.’s social network database and advertising revenue share model. ZZP also plans to develop a virtual space and keyword search platform. Started in February 2008 with two members, ZenZuu now has over 140,000 members in over twenty-five countries. Barry Hollander, Chief Financial Officer, stated, “What differentiates this social network from others is that ZenZuu will be distributing up to 80% of the net advertising dollars it receives to its active independent representatives (members who log onto their own website address at least thirty (30) times a month at ZenZuu.com). ZZP will be contributing at least twenty-five percent (25%) of its net local advertising dollars received to ZenZuu for such distribution, in accordance with Zenzuu’s 80% net advertising revenue share formula.
This press release may include forward-looking statements which are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
ZZPartners, Inc.
Barry Hollander, 561-514-9042
Chief Financial Officer
