Alternate Marketing Networks Reported on 2008 Financial Results at Annual Meeting
18 June 2009 - 6:05AM
PR Newswire (US)
SCHAUMBURG, Ill., June 17 /PRNewswire-FirstCall/ -- Alternate
Marketing Networks, Inc. (Pink Sheets: ALTM) held its annual
meeting on June 17, 2009 at its Schaumburg, Illinois office. As
earlier reported, the Company had a net profit of $257,224 on sales
of $18,284,237 for fiscal year ended December 31, 2008. The
unaudited statements were prepared and presented by management.
Alternate Marketing Networks became a non-reporting company
pursuant to a Form 15 filed with the Securities and Exchange
Commission effective January 2, 2004. In addition, the Company
noted that June 17, 2009 was the record date for an earlier
announced cash dividend of three cents per share of the company's
common stock payable on July 1, 2009 to the shareholders of record.
The Company's sole operating subsidiary, National Home Delivery,
Inc., through its three divisions U.S. Suburban Press (USSPI),
Custom Media Solutions (CMS) and Specialty Media Solutions (SMS),
provides newspaper, online and promotional solutions to national
advertisers in the United States. Statements in this news release
are "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act. The forward-looking statements
can generally be identified by words such as "believes,"
"anticipates," "expects" or words of similar meaning.
Forward-looking statements also include statements relating to the
Company's future performance, such as future prospects, revenues,
profits and cash flows. The forward-looking statements are subject
to risks and uncertainties, which may cause actual results to be
materially different from any future performance suggested in the
forward-looking statements. Readers are cautioned not to place
undue reliance on these forward-looking statements. The
forward-looking statements are made only as of the date hereof, and
the Company undertakes no obligation to publicly release the result
of any revisions to these forward-looking statements. Alternate
Marketing Networks, Inc. 4675 - 32nd Avenue Hudsonville, MI 49426
DATASOURCE: Alternate Marketing Networks, Inc. CONTACT: Phil
Miller, Chairman and CEO of Alternate Marketing Networks, Inc.,
+1-616-662-6420, ext. 12,
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