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01/08/2008

H1 2008 results - Continuing growth despite weakening of the world economy

Revenues up 56%, organic revenues up 29.5%

2008 – Penglase Publishing: a private company with operations in different parts of the world, is focussed on becoming a leader in online publishing and small to medium business marketing.

Revenues for the six months ended 30 June 2008 were up 56% compared to the same period last year. The majority of this growth is from its subsidiaries Broadband Media, an Australian web development company, AdMeToo SEO marketing, Domain Name Sales, and Growing Profits Consulting, profit growth specialists with offices in Australia and soon the UK.

Founder and CEO, Garth Penglase, commented on the growth from these diverse areas saying "There continues to be strong growth in online marketing and the development of marketing systems for small to medium businesses. While there is a global down turn, our results run counter to the trend, as our offerings provide businesses with a major competitive advantage, particularly in lean times. I would expect that, as conditions worldwide continue to worsen, we shall see an even stronger demand for the sergices that we offer across the board."



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