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(ARD: TSX-V)
Armada Data Joins the "AGORACOM 100" & Launches Online IR & Marketing Program
A profitable web-enabled Automobile Information Services Company providing accurate and real-time pricing data, to institutional and retail customers on a fee-for-service basis, through developing, owning and operating automotive related websites such as www.carcostcanada.com and providing information services to its clients.
·Year ended May 31, 2009;
- Overall revenue grew from $1,732,944 in 2008 to $2,157,900 or an increase of 24.5%
- Declared first dividend of ½ cent per share
- Reported 3rd consecutive year of profitability with net income of $0.01 per share.
Focused on increasing sales at Retail Services, Dealer Services and Advertising/Marketing Services divisions.
· Insurance - Claims outsourcing service that streamlines the claims adjustment process.26 Canadian Insurance Companies, including 8/10 biggest use the service. Provides savings of over $1000 per claim.
· Retail - Armada owns CarCostCanada .com.Focussed on the new car buying public and for dealer referrals. 10 year of operations
Armada provides dealer invoice prices to consumers for a cost of $39.95 Also, sells leads to the dealers as a buyer with Car Cost Canada.
• Advertising – Google Ad words campaign increased traffic upwards to 300% to over 300,000 unique visitors to site.
Click on link below to read entire press release:
Armada Data Joins the "AGORACOM 100" & Launches Online IR & Marketing Program
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