AIMS Worldwide, Inc. (OTCBB:AMWW), a vertically integrated marketing communications consultancy firm providing organizations with focused marketing solutions, announced today that it reported record-level revenues on its consolidated financial statement for the third quarter of 2008.
The Company had $7,546,166 in revenues for the three months ended September 30, 2008, compared with $987,202 in revenues for the same three-month period of 2007 (a 664% increase). This substantial increase is because of the recently formed, election and campaign related media research, analysis, buying and selling project managed by AIMS subsidiary IKON Public Affairs Group, LLC. This project is seasonal and was exceptionally high the past quarter because of the presidential/national elections.
AIMS had $10,243,669 in revenues for the nine months ended September 30, 2008 (the largest 1st-3rd quarter revenues in its history), compared with $1,122,753 in revenues for the same nine-month period of 2007 (an 812% increase).
“We are proud of the third quarter and year-to-date financial accomplishments in these challenging economic times,” said Gerald Garcia Jr., president and CEO. “Our third quarter revenues results are due, in large part, to IKON’s significant contribution to our financial performance and to the ongoing client development successes of our other subsidiaries (Target America, a digital marketing platform; Bill Main & Associates, a strategy planning consultancy; Street Fighter Marketing, a grassroots, neighborhood marketing solutions practice; and our AIMSolutions marketing consultancy).”
About AIMS
AIMS Worldwide is a vertically integrated marketing communications consultancy providing organizations with focused marketing solutions at the lowest possible cost. AIMS increases the accuracy of the strategic direction of its client's marketing program, improves results and reduces the cost, by refocusing "mass marketing" to a more strategic "One-2-One" relationship with the ideal customer. To further differentiate from the rest of the market, AIMS places intense focus on the Return on Marketing Investment, or ROMISM. The Company's goal is to provide clients with a measurable return by first conducting an audit of the client's existing marketing strategy in order to deliver an increased return on its investment. AIMS is accelerating its growth by targeting and acquiring a group of media and marketing communication services companies. For more information, please visit www.aimsworldwide.com.
Safe Harbor Statement
All statements other than statements of historical fact included in this document are forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and other similar expressions as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. These statements are not a guarantee of future performance. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors discussed under the caption "Risk Factors" in our Annual Report on Form 10-KSB for the year ended December 31, 2004 as filed with the Securities and Exchange Commission. Such statements reflect the current views of the Company's management with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to the operations, results of operations, growth strategy and liquidity of the Company. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this paragraph. The Company has no intention, and disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future results or otherwise. Further information may be obtained at the Company's Internet site: http://www.aimsworldwide.
AIMS Worldwide, Inc.
Gerald Garcia, 703-621-3875, ext. 2256
ggarcia@aimsworldwide.com