Sitebrand year-end results mixed

GATINEAU – Sitebrand Inc. wraps up its first year as a public company with a 12.7% increase in revenues, although net losses almost double. The maker of solutions for personalizing websites reports fiscal 2008 revenues of $2.16 million, compared to $1.92 million for 2007. Net loss was $2.3 million, more than double the $1.0 million in losses the company reported a year ago. “In an environment of economic uncertainty, we are pleased with our sales results and trend of year-over-year revenue growth.” says Justin Shimoon, CEO and founder. “Sitebrand continues to be a leader in the online message and conversion optimization market.” Click here for more information.

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