Customer breakthrough for 3L System Group's Social Media Product Offering


Solna, Sweden, 2011-04-14 14:00 CEST (GLOBE NEWSWIRE) -- 3L Media, a subsidiary of Stockholm based 3L System Group (publ), has secured five new customer contracts for its new offering, the 3L Social Media Platform, “SMP”. The contracted customers are US based, Universal Business Listings and Surefire Social, Bermuda based Yabsta.com, Directel Macau and SuperSocial in Australia.

3L SMP enables its customers to create large scale production of a digital media presence on social media sites such as Facebook as well as mobile pages, micro sites and dynamic internet advertising banners.

-3L SMP, which was commercially launched early 2011 has rendered tremendous interest in the market, both from traditional directory and search media companies as well as segments new to 3L Media. These five contracts marks an important milestone and truly validates the SMP product as one with international appeal enable publishers and media companies to generate new revenue streams , says Fredrik Ruben, President & CEO of 3L System Group.

3L Media, the leading provider of back-end systems to traditional Search Media and Yellow Pages Companies, is paving the way for new and innovative solutions for Small and Medium Sized company advertizing. 3L SMP is sold as a web based service to its customers using a transaction based business model. The newly added customers are expected to generate transaction volumes and revenues streams already during the second quarter of 2011.

In addition to the above announced contracts 3L Media has furthermore launched Social Media services for the Yellow Pages Association and Association of Directory Publishers .

 

For more information:                                                      

Fredrik Ruben, President & CEO
3L System Group (publ)
Tel. +46-8-705 38 00
E-Mail: fredrik.ruben@3lsystem.com

 

 

About 3L System Group:
3L System Group develops advanced software systems helping clients to achieve competitive advantages in a world where business and services increasingly take place online. 3L System offers client-specific solutions, product installation services as well as training and support. The 3L System Group Share is traded on NasdaqOMX First North and Avanza Bank is the company’s Certified Adviser. www.3lsystem.com


Attachments

Press Release Five New SMP contracts signed.pdf