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Innuity - Press Releases and Articles

  Press Releases

May 2008
Innuity Receives $7.0 Million For Sale of Jadeon POS Resale Division
Transaction to Significantly Improve Company’s Balance Sheet and Gross Margin

April 2008
Innuity, Inc. Reports 2007 Financial Results
The Company Announces the Pending Sale of Jadeon, Inc. and $5.1 Million Reduction in Net Loss from Continuing Operations From 2006

November 2007
Innuity, Inc. Reports Third Quarter 2007 Financial Results
The Company Posts Second Consecutive Quarter of Positive Adjusted EBITDA

Innuity Receives $1.25 Million for Sale of Vista.com Domain Name & “VISTA” Trademark
VistaPrint Purchases Vista.com Properties From Innuity

October 2007
Innuity Signs Source Code License Agreement
Source Code Acquirer Continues as Ongoing Innuity Customer

August 2007
Innuity, Inc. Reports Second Quarter 2007 Financial Results
The Company Dramatically Decreases Net Loss and Generates $375,000 of Adjusted EBITDA Through Decreased Operating Expenses and Settlement of Debt


June 2007
Innuity, Inc. Promotes Linden Barney to CFO
Current Innuity CFO to Return Full-time to Investment Firm & Will Remain Active in an Advisory Role

May 2007
Innuity, Inc. Receives Second Financing Tranche from Previous Agreement
Completed Due Diligence Encourages Imperium Master Fund, Ltd. To Issue Second Round of Financing


Innuity, Inc. Reports First Quarter 2007 Financial Results
Positive Revenue Increase and Significantly Reduced Losses Generate Strong Momentum


Innuity, Inc. Enters Into New Financing Agreement
Securities Purchase Agreement with Imperium Master Fund, Ltd. Replaces Previously Announced Funding

April 2007
Innuity Extends Strategic Relationship with International Merchant Services (IMS)
Company’s Creditdiscovery Product to Serve as Primary Tool For IMS’s Customer Acquisition Strategy


Innuity Signs Services Agreement with Amerivon
Premier Retailing Firm to Help Expand Innuity’s Presence in Mass Market Retail Distribution


Innuity, Inc. Enters Into a Material Definitive Agreement for Funding
Innuity Signs Deal with Global Micro-Cap Fund Investing in High-Growth Companies

March 2007
Innuity Launches LeadConnect™ - Its New Local Advertising Offering
Affordable Local Search Solution Targets and Showcases Businesses to Local Shoppers Online


Innuity Reports Record Fiscal Year Results - SaaS Company Revenues Grow 73%

November 2006
Innuity, Inc. Enters in Agreement to Acquire Creditdiscovery, LLC
Innuity to Integrate Industry-leading, Merchant Approval Software Company and Products into its Merchant Services Business Line


Innuity, Inc. Reports Third Quarter 2006 Financial Results
Revenue Increases 15% Related to Strong Commerce Division Growth

October 2006
Innuity, Inc. Retains Investor Relations Group, Inc.
Premier New York IR Firm to Drive Innuity’s Ongoing Financial Communications

August 2006
Internet Technology Company Reports Substantial Revenue Increase as a Result of the Successful Integration of its Search Engine Marketing and Point-of-Sales Acquisitions

May 2006
Internet Technology Company Reports Significant Revenue Increase Related to Internet Marketing and Point of Sale Acquisitions, Plus InnuityDirect Launch

Innuity, Inc. Helps Overstock.com Auctions™ Introduce Stores for Small Business Auction Sellers

March 2006
Internet Technology Company Reports Substantial Revenue Increase Due to Strategic Acquisitions Related to Its Aggressive Growth Strategy

December 2005
Source Energy Shareholders Approve Name Change to Innuity

November 2005
Vista.com and Source Energy Complete Merger
Combined Company to be Renamed Innuity, Inc.,  Will Offer Internet Technology Solutions for Small Businesses

October 2005
Source Energy and Vista.com announce merger agreement

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