eFUEL EFN Corp. Is Developing Virtual Dating Technologies That Will Revolutionize the Online Dating Industry
Company Anticipates Increased Revenues From Its New Program Approaching $40 Million Per Year Based on Conservative Member Retention Rates
TAMPA, FL -- (Marketwire) -- 11/19/08 -- eFUEL EFN, Corp. (PINKSHEETS: EFUL), owner anddeveloper ofrevenue-generating, Internet-based assets, announced today that researchersat the Company's I-nexworldwide subsidiary have been developingproprietary, virtual dating software for the Company'soutRAGEousEncounters.com and PositiveLove.com online dating Websites. Thisvirtual dating platform will be introduced in early 2009 to the over 8.5million members of eFUEL's online dating Websites -- a number increasedrecently via strategic acquisitions made by the Company. Virtual onlinedating is being pegged by industry analysts as the next big trend in thedevelopment cycle of the now over $600 million online dating industry.
More recently, however, new trends have emerged within the online datingsegment that further assure consumers participating that their eventualinteraction will be a safe and positive experience. One of these is knownas the "community" approach. This approach was born on social networkingsites such as Facebook, Friendster and MySpace, as an answer to thewidespread misuse and abuse of these communication portals by predators andother miscreants. The "community" approach to online dating involves asingle person's friends and even family getting involved in the process,searching profiles, checking potential dates out, and even matching theirsingle friend up with compatible people they uncover among the throngs ofpotential mates. The community approach has inevitably provided onlinedating customers with enhanced safety, and is now being incorporated tosome degree by most of the major online dating companies.
Another safety-enhancing trend emerging more recently is the one that eFUELand its dating Websites are tactfully building and integrating into theirplatforms. Virtual Dating, as it is being called, affords online singles achance to interact with one another on a virtual level, prior to meeting inperson. With video chat technologies now experiencing widespread use, eFUELis developing software that will enable online daters to take fulladvantage of the virtual encounter concept. To further ensure its members asafe dating experience, eFUEL's sites will also be offering a freebackground check to its members. This will enable members to verify thattheir potential dating partner is who they say they are.
eFUEL predicts that by incorporating these new proprietary technologies andprograms into its online dating package, the Company should generateapproximately a 4% to 10% member retention rate. At the $9.99 per monthmember fee planned by eFUEL, the Company expects to realize over $40Million dollars annually from these new offerings based on its 8.5 millionmembers as of November 2008.
Imagine meeting your prospective date for a coffee in a romantic virtualcafé on the Champs-Elysees in Paris. Not only exchanging emails, orspeaking briefly on the phone, but seeing and hearing your date online asyou interact with each other in any number of virtual settings. Most willagree this is a sound step to take, prior to meeting your blind date inperson.
eFUEL plans to roll out its new proprietary virtual dating software inearly 2009. More information on these technologies will be made availableprior to launch.
About eFUEL EFN Corp.:
eFUEL EFN, Corp. ("eFUEL") is a publicly traded company listed on the PinkSheets under the symbol EFUL. eFUEL is an Internet services companyoffering a wide variety of products including background screening andverification sites, including www.Valimate.com, and www.VeritasID.com whichincludes the product VerifiAmerica.com, On-line dating siteswww.outRAGEousEncounters.com and www.PositiveLove.com, announced today thelaunch of their New service called Easy ID the fastest, easiest IDverification available on the Internet. This product will be offered Freeto all new members who purchase any eFUELstore.com service. Simply enter aperson's full name and birthday and the background information will beprovided. This service is also available at the company's main siteeFUELstore.com or Valimate.com.
Safe Harbor Statement:
Certain Statements in this press release constitute "forward-lookingstatements" within the meaning of the Private Securities Litigation ReformAct of 1995. Such forward-looking statements involve known and unknownrisks, uncertainties and other factors which may cause the actual results,performance or achievements of the company to be materially different fromany future results, performances or achievements express or implied by suchforward-looking statements. The forward-looking statements are subject torisks and uncertainties including, without limitation, changes in levels ofcompetition, possible loss of customers, and the company's ability toattract and retain key personnel.
For eFUEL EFN, Corp., Tampa:Email ContactInvestor Relations:Equiti-trend Advisors LLC(800) 953-3350 toll-free(858) 436-3350 local
- 1 Digital Photo Frame Market Will Get Connected
- 2 Priceless Legacy Company Appoints Julie Davis to Legacy Consultant Position in Nebraska and Iowa
- 3 Koko the Gorilla Celebrates 38th Birthday, Makes Three Wishes
- 4 New Website Provides A Free List Of The Top Ten Chicago Real Estate Deals
- 5 Warrior Custom Golf Assists the Orange County United Way 2009 Fundraising Campaign
- 6 Kerching Online Casino Competition Winner Revealed
- 7 MyFirePits.com Announces Grand Opening
Forex trading is too complicated?
Can predict currency pairs movements? Binary option trading is what you need. Click here.
70% Profit in Less Than an Hour
Take profit from the markets roller coaster. No downloads, no commissions, no spreads.
Press Release Distribution - IBwire
Effective and Affordable Press Release Distribution Service









