2015 Q3 Revenue of $1.7 Million up From $839k in Q2 Resulting in a 108% Sequential Quarterly Growth

TORONTO, ON--( Nov 24, 2015) -  Technology and data company Engagement Labs Inc. (TSX VENTURE: EL), creator of the eValue™ score, is pleased to report that for the quarter ended September 30, 2015, revenue increased to $1.74 million, an increase of 108% compared to the $839,000 recorded in the second quarter ended June 30, 2015. The Company's business achieved 15.1% sequential quarterly growth due primarily to the signing of an eValue contract and other technology-related services with a large global retailer. The balance of the revenue growth was attributed to the acquisition of Keller Fay Group in July 2015. Gross profit margin was 41% for Q3 2015 compared to 27% for Q2 2015.

Angie's List Confirms Receipt of Unsolicited Proposal from IAC

INDIANAPOLIS --- Angie's List (Nasdaq: ANGI) today confirmed that it has received an unsolicited proposal from IAC/InterActiveCorp (Nasdaq: IACI) to acquire the Company for $8.75 per share in cash. IAC has also indicated its willingness to consider a combination of Angie's List with IAC's HomeAdvisor business through a tax-free stock-for-stock exchange.

The Angie’s List Board of Directors and management team are committed to acting in the best interests of all Angie’s List shareholders. Consistent with its fiduciary duties, the Angie’s List Board, in consultation with its independent financial and legal advisors, will carefully review and evaluate IAC’s proposal to determine the course of action that the Board believes is in the best interest of the Company and all Angie’s List shareholders.

Newtek Technology Services Enters Into 39-Month Contract with LookSmart

LookSmart Migrates All of Its Hardware and Software to Newtek's Cloud

NEW YORK, Aug. 26, 2015 -- Newtek Business Services Corp. ("The Company"), (NEWT), an internally managed business development company ("BDC"), today announced that Newtek Technology Services ("NTS"), one of The Company's wholly owned portfolio companies, has entered into a 39-month contract with LookSmart (LOOK), a premier online and technology advertising company that operates LookSmart.com, Clickable.com and ShopWiki.com.  Pursuant to this contact, NTS will manage, on an outsourced basis, LookSmart's information technology ("IT") operation through its fully integrated, around-the-clock managed technology solution in its data center in Scottsdale, Arizona.  NTS has migrated all of LookSmart's IT hardware and software to its cloud, and physically migrated LookSmart's servers to its data center in Phoenix, Arizona.  NTS will provide around-the-clock management and customer service to this new IT client, offering a premier outsourced solution for LookSmart and all of its stakeholders.

Professional Diversity Network, Inc. Exceeds 500,000 New Users Per Month

CHICAGO, July 7, 2015  -- Professional Diversity Network, Inc. ("PDN") (IPDN), a developer and operator of online networks and technologies that provide access to employment opportunities for diverse professionals in the United States, announced today that it has sustained the rapid registered user growth it previously reported and surpassed 530,000 new registered users per month during June.

HIGHLIGHTS:

• 1,535,226 new registered users in the past 6 months
• 530,251 new registered users in June 2015 alone
• Nearly 2,000% new registered user growth on a month over month basis in June 2015 (over 530K) versus October 2014 (26.5K), last full month before Noble Voice acquisition
• Q2 bookings of $10.3 million, up nearly 800% compared to second quarter 2014

  Published: 07 July 2015

  Written by Editor

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