FORT LAUDERDALE, FL--(Marketwire - November 21, 2008) - Industry leading eTailer, among the world's premier providers of cable, wire and equipment management-related products for use in business and at home, today announced that it made $21.2 billion more in profit than General Motors Corporation (GM) for the nine months ending September 30, 2008.

"We are very pleased about our 2008 profitability and are obviously honored to have beaten GM by such a wide margin," said Paul Holstein, senior vice president of, Inc.

"Obviously we couldn't match their revenue, but we were able to beat them handily on costs and expenses," notes Holstein. "For example, we put off buying a fleet of Gulfstream G5 private jets. That, right there, saved us millions of dollars."

In 2007, beat GM by $38.7 billion. The well-run company also beat GM in 2006 by almost two billion dollars and by $10.4 billion in 2005. When asked what the secret was to their success, Holstein offered, "It's important to spend less money than you make."

Mr. Holstein claims that he has not been contacted by anyone at GM to help them run the company and did not indicate if he would, in fact, take the top position at GM if it were offered to him. However, he hinted, "I'm sure I could lose far less than GM in my very first year."

When asked to predict results for 2009, Mr. Holstein, citing Lee Iacocca's revival of Chrysler on a $1 salary in 1979, said he was hopeful that GM management would start making the difficult decisions that are in the best interests of their workers and the future of the once great American company. Naturally, he also hoped that, Inc. would once again outperform them, but this time, with a closer finish.


Founded in February 2002 and headquartered in Fort Lauderdale, FL, is a premier cable, wire and equipment management eTailer that specializes in electrical and home theater supplies, cable management, equipment racks and networking solutions for use in business and at home. The company provides companies, organizations and individuals around the globe with 24/7/365 access to an extensive array of high-quality products and information resources through its convenient online storefront. In addition to, the company also owns and operates, which is operated out of Rennes, France. also publishes "On the Wire," a free monthly electronic newsletter with a considerable multi-national opt-in circulation base. Among other honors, was ranked number 1,929 on Inc. Magazine's 2008 Inc. 5000 list of America's Fastest Growing Private Companies, also securing position 82 on Inc.'s list of "Top 100 Retail Companies." was also named among Inc. Magazine's 2007 Inc. 500, Internet Retailer magazine's 2007 "Top 500" and earned a Stevie® Award as the "Best Overall Company of the Year - Non-Services Businesses - Up To 100 Employees."

Contact Information: CONTACT: Juan Ribero (954) 861-6322