LAS VEGAS, Sept. 24, 2012 (GLOBE NEWSWIRE) -- Registered Express Corporation (Pink Sheets:RGTX) is pleased to announce its primary revenue model based on Freemium, Premium, Small Business and Enterprise services of its verified electronic delivery of documents, files and digital media. The proliferation of email, cloud computing, software as a service, storage as a service, and mobile devices show that our user base for the Freemium and Premium services is over 500 million potential users worldwide. It is anticipated that a significant percentage of "Freemium" users will use value added features such as digital signatures, delivery to multiple recipients, unlimited file size delivery, and full compliance features that allow for accountability, discovery and evidentiary purposes. These features will cause a fee of approximately $ 1.50 per transaction, with Premium users committing to a $ 19.95 annual fee, for enhanced features as part of their service. We expect that approximately 10% of our user base shall become Premium users due to economies of scale.
The Company will continue to offer its successful "Freemium" services with users able to use the system at will, within the scope of a free service. The Premium and Small Business revenue model is an annual fee based service with extended features and benefits. Annual subscriptions at one tenth the cost of competing services are aimed specifically at individuals, groups and enterprises who value world class security, storage and delivery by a global "trusted third party."
Enterprise market specific "verticals" represent vast revenue opportunities, such as the Legal, Accounting, Health, Financial, Education, Engineering, etc., categories. Of importance is the International Postal community and their need for new sources of revenue (specifically electronic document delivery), who will pay for the RegEx service on a per transaction basis. The revenue potential and resulting margins in the Postal community are significant. The addition of Registered Express International Corp, as a company with specific designs on this and other major "international" Enterprise vertical markets, could make the RegEx Enterprise system a standard delivery method for major corporations (Fortune 500, Financial, and Banking), Government entities (Federal, State and Local) and Organizations (United Nations and Non-profits).
Visit the Registered Express web site at: www.registeredexpress.com for features and details.
About Registered Express™
Registered Express Corporation is in the principal business of marketing and deploying a registered system for the secure and verifiable delivery of electronic documents. The Company is incorporated in the State of Delaware; Registered Express(TM) is headquartered in Las Vegas, Nevada.
Registered Express(TM) is designed as an easy-to-use, web-based service that is safe, secure, reliable and able to meet the needs of the most demanding customer. The service is based on a "pay as you use" model, does not require any program downloads, is fully automated, and each transaction is fully documented throughout the process.
Forward-Looking Statements
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will,'' "anticipates,'' "believes,'' "plans,'' "goal,'' "expects,'' "future,'' "intends,'' and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release.
For further information: www.registeredexpress.com