CONWAY, Ark., May 7, 2013 (GLOBE NEWSWIRE) -- Inuvo, Inc. (NYSE MKT:INUV) (the "Company" or "Inuvo"), an Internet marketing and technology company today announced the expansion of the company's owned and operated website portfolio with the launch of www.lokalot.de into Germany. The launch is an extension of the local Alot online business directory service. The site was introduced in early April with over 6 million business listings. The Company also announced that it has released a Chrome version of the Alot AppBar in the USA enabling the application to serve a large and growing segment of online users.
Expansion of the local search service into Germany represents an opportunity to scale a model, which has proven to be successful in the US. Germany has over 67 million Internet users. Other large markets with local search opportunities where Inuvo's Alot brand has a presence include the U.K., Italy, Spain, France and Brazil.
The Chrome browser has over 350 million users worldwide. Enabling compatibility of the Alot appbar with Chrome browsers opens the door for additional application development and expansion into this large and growing online consumer segment.
"Inuvo's ability to launch additional applications and services into domestic as well as international markets showcases our desire to expand our owned and operated websites and applications around the globe," stated Richard Howe, Chairman and Chief Executive Officer of Inuvo. "We believe the launch of the German site and the new Chrome version of the appbar in the USA will improve the Alot user experience by delivering consumers additional services across multiple browser environments."
As a reminder, Mr. Rich Howe, President and Chief Executive Officer, and Wally Ruiz, Chief Financial Officer, will host a conference call the same day at 4:15 pm (ET). Details for interested parties are as follows:
| Conference Call Information |
| Date: Thursday, May 09, 2013 |
| Time: 4:15 p.m. ET |
| Domestic Dial-in number: 1-877-941-2069 |
| International Dial-in number: 1-480-629-9713 |
| Live webcast: http://public.viavid.com/index.php?id=104644 |
In addition, the call will be webcast on the Investor Relations section of the Company's website at http://investor.inuvo.com/events_and_presentations where it will also be archived for 45 days.
A telephone replay will be available through Thursday May 23, 2013. To access the replay, please dial 1-877-870-5176 (domestic) or 1-858-384-5517 (international). At the system prompt, enter the code 4618339 followed by the # sign. You will then be prompted for your name, company and phone number. Playback will then automatically begin.
About Inuvo, Inc.
Inuvo®, Inc. (NYSE MKT:INUV), is an internet marketing and technology company that delivers targeted advertisements into mobile and desktop websites and applications owned by partners and the company. To learn more about Inuvo, please visit www.inuvo.com.
Forward-looking Statements
This press release contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words or expressions such as "anticipate," "plan," "will," "intend," "believe" or "expect'" or variations of such words and similar expressions are intended to identify such forward-looking statements.
These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including, without limitation, statements made with respect to expectations with respect to our lack of profitable operating history, changes in our business, potential need for additional capital, fluctuations in demand; changes to economic growth in the U.S. economy; and government policies and regulations, including, but not limited to those affecting the Internet, all as set forth in our Annual Report on Form 10-K for the year ended December 31, 2012. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, many of which are generally outside the control of Inuvo and are difficult to predict. Inuvo undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.