MELVILLE, N.Y., April 15, 2004 (PRIMEZONE) -- MarketShare Recovery, Inc. (OTCBB:MSRY) on April 14th filed its form 10KSB showing Net revenues increased by 119% from approximately $308,317 for the twelve months ended December 31, 2002 to approximately $674,146 for the twelve months ended December 31, 2003. The increase in revenues was a result of our expansion of products and services which has grown our customer base to include new customers who operate in the public market space and have in certain instances paid the Company in freely tradable marketable securities.
Cost of revenues as a percent of net revenues decreased from 76% of net revenues for the twelve months ended December 31, 2002 to 70% of net revenues for the twelve months ended December 31, 2003.
Investors should refer to the complete 10KSB filed on April 14th, 2004 to fully understand the financials of the company.
About MarketShare Recovery, Inc.
MarketShare Recovery, Inc. is a marketing and media firm providing solutions which assist marketers in reaching their target consumers and drive sales. The company offers manufacturers, resellers and service providers a reliable, high-quality resource for business development. The firm provides strategic as well as tactical marketing solutions. MarketShare Recovery is a member of the Direct Marketing Association. For additional information, visit: (http://www.MarketShareRecovery.com).
Forward-Looking Statement
This press release may contain forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact. Our expectations regarding future revenues depend upon our ability to develop and supply products, which we may not produce today and that meet defined specifications. When used in this press release, the words "plan", "expect", "believe", and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.