IRVINE, Calif., June 22, 2010 (GLOBE NEWSWIRE) -- DigitalPost Interactive (OTCBB:DGLP), http://www.dglp.com, a leader in the digital media-sharing and social networking space, reported that development work with its new business partners is on track, with new partner launches scheduled, as previously announced, during the third quarter of 2010.
These recently signed partnerships have been in development and will soon enable DigitalPost's newest partners—Lucidiom, Inc. along with Ritz Camera and Image, Inc.—to expand their businesses via the Web and increase revenues by offering customers enhanced online services, including digital media sharing, video editing and storage; and social networking.
DigitalPost Chief Executive Michael Sawtell commented: "Our customizable Digital Media Sharing Platform continues to gain market acceptance, as evidenced by the recently signed agreements with several industry leaders. The launching of these products will produce further evidence that our products are not only user friendly but also potential revenue drivers for our esteemed partners and DigitalPost as well."
"We are also nearing completion of Version 6.0 of our flagship product site, TheFamilyPost.com," Sawtell continued. "It's being beta tested, and many new features, such as mobile capabilities and functionality, have received great reviews from long-time customers. Other new features include upgraded digital media-editing tools and optional integration with popular social networking web sites such as Facebook and Twitter. We expect to launch Version 6.0 in the next 30 days."
DigitalPost Director of Business Development Danielle Koop remarked: "This has been a very exciting year. We have had many discussions with large companies in the digital media sharing space interested in our customizable technology and how it can benefit their consumer base. The tools that are incorporated in our new Version 6 platform will go a long way toward making it a unique offering in the interactive digital media marketplace."
About DigitalPost Interactive
DigitalPost Interactive is a SaaS (Software as a Service) and application provider that delivers B2B and B2C digital media-sharing solutions that are both easy to offer and easy to use. The company's visually-stunning, user-friendly Web 2.0 technology gives consumers a single, engaging place online for permanently storing and sharing a lifetime of digital media and memories, connecting with family and friends, and keeping organized in today's digital world.
Completely scalable and re-brandable, DigitalPost Interactive's technology gives companies in the photo, travel, entertainment, sports, and other vertical markets a fast and efficient way to offer dynamic Web 2.0 products and services. This technology can create exciting new revenue streams for all companies looking to monetize this emerging new Internet opportunity. For more information about DigitalPost Interactive or its consumer site TheFamilyPost.com, please visit http://www.dglp.com.
The DigitalPost Interactive Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7260
Safe Harbor Statement
This press release contains forward-looking statements that may be subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and may include statements regarding our estimates, future contracts, future financial performance or results of operations, including the number of recurring subscribers, revenue growth, cost of revenues, operating expenses, interest expense, net loss and cash flow. Unless otherwise required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this press release. Additional information concerning risks and uncertainties that may cause actual results to differ materially from those projected or suggested in the forward-looking statements may be found in Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K filed with the U.S. Securities and Exchange Commission.