NetLine Corporation Maintains Profitability for Four Sequential Quarters
Adds More Than Ten New Customers; Achieves 43% Year-Over-Year Revenue Growth
Press Release (05-27-03)
BOULDER CREEK, CA (May 27, 2003) — NetLine Corporation, the premier provider of e-marketing and marketing automation solutions, today announced that as of Q1 2003 the company has maintained four sequential quarters of profitability and achieved a 43% year-over-year growth in revenue. This success can be attributed to the more than ten new companies that have been added to its client roster since April 2002 and the enhancements the company has made to its technology and processes. NetLine plans to invest its profits back into the business by expanding its suite of marketing automation services and providing the best possible support to its customer base.
"Despite a down economy where marketing budgets have been slashed, or are just plain non-existent, NetLine has triumphed," said Robert Alvin, president and CEO of NetLine. "Our remarkable success can be attributed to both the innovative technology platform we've developed over the last nine years and the world-class client services support and best practices advice we provide our clients. Additionally, our flexibility in allowing marketers to custom tailor a marketing automation solution that's right for them has helped our clients maximize their marketing budgets."
NetLine's solutions range from general business-to-business offerings like email marketing, online lead generation, and marketing database services to industry-focused products like TradePub.com, the company's subscriber acquisition service for the publishing industry. In the last year, more than ten new clients have signed up for these services, including Advanced Micro Devices, The Churchill Club, NetScreen Technologies, and Discreet, a division of Autodesk, Inc.
"NetLine's growth in this marketplace comes as no surprise to us," said Terry Ragan, Director of Animation Marketing for Discreet, which began working with NetLine in October 2002. "It's clearly driven by their best-of-breed technology, best practices expertise, and exceptional customer service, all of which were the driving factors behind our selection of NetLine as our e-marketing solution provider. Our relationship with NetLine has already helped us elevate our e-marketing campaigns to a higher level."
About NetLine Corporation
NetLine Corporation is a leading B2B performance-based integrated marketing company that provides online lead generation and marketing services for Advertisers, Marketers, and Publishers through NetLine's Innovative technology and expansive distribution platform. Advertisers and Marketers are enabled to deliver their content to targeted niche audiences via contextually relevant positioning and promotions. NetLine's many successful client and agency relationships include IBM, Juniper Networks, Microsoft Corporation, Neo@Ogilvy, and Universal McCann, among others. NetLine was founded in 1994 and is privately held and headquartered in Los Gatos, California. For information visit http://www.netline.com or call 888.515.3237.