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BE! Magazine Contributes to Salon City's 3rd Quarter Revenue Increase
| Quelle: Salon City, Inc
BEVERLY HILLS, CA--(Marketwire - September 30, 2009) - Ewire -- Salon City, Inc. (PINKSHEETS : SALN ) announced today that 3rd quarter sales resulting from new media
offerings and August's launch of Beauty Entertainment (BE!) Magazine has
helped to contribute to the Company's overall revenue increases as compared
to same period last year.
Steven Casciola, president and CEO of Salon City, said, "The response to
BE! Magazine by professional beauty industry brands has been well received
in its first two months. While it's still too early to project the
magazine's impact on total sales, it appears BE!'s successful rollout is
creating an upward trend. We're seeing increased contracts and motivated
buyer interest in Salon City's print and digital products, and they both
are showing a marked improvement."
Management feels BE!'s contribution to revenue increases can accelerate the
launch of new media technology that can also be monetized and offered
through the Company's existing print, online and digital media.
Salon City is currently in the process of selling its 2010 media program to
buyers and Casciola is cautiously upbeat in his initial assessment, "Sales
have experienced a mini jump-start these past two months after a
challenging year of delays and market recession," says Casciola. "If BE!'s
rate of annualized growth continues, it can become a top revenue generator
next year. We're already starting to imagine what it can grow into once the
economy starts getting back on track."
The Company is planning a shareholder conference call to discuss; (1) the
Company's recent upsurge in press news and media attention, (2) The
Company's plans to expand its beauty entertainment brand with new
customers, and (3) the Company's continuing focus on creating unique
content and licensing the distribution of it through salons and all media
platforms.
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