MELVILLE, N.Y., Nov. 26, 2003 (PRIMEZONE) -- MarketShare Recovery, Inc. (OTCBB:MSRY) on November 23rd filed its form 10QSB showing Net revenues increased by 368% from approximately $66,000 for the three months ended September 30, 2002 to approximately $308,000 for the three months ended September 30, 2003. The improvement in revenues was a result of revenue from new customers in which the Company is paid in freely-tradable marketable securities.
Cost of revenues as a percent of net revenues decreased from 85% of net revenues for the three months ended September 30, 2002 to 80% of net revenues for the three months ended September 30, 2003.
Investors should refer to the complete 10QSB filed on November 23rd, 2003 to fully understand the financials of the company.
About MarketShare Recovery, Inc.
MarketShare Recovery, Inc. is marketing and media firm providing solutions which assist marketers reach 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.