Business Wire
http://www.goelevate.com
October 20, 2011 08:30 AM Eastern Daylight Time 

Elevate Sales Increase Sharply in Second Quarter

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--Elevate, Inc. (OTCBB:HGLB), today announced mid-Q2 sales figures that reflect sharp increases over the previous quarter and fiscal year.

“We’re seeing the response in the market that we knew we would see once our sales teams were launched and fully operational”

Midway through its second quarter, which will end on November 31st, Elevate has generated 34% more gross revenue than in Q1.

“We’re seeing the response in the market that we knew we would see once our sales teams were launched and fully operational,” says Wright Thurston, CEO of Elevate. “We’re excited to watch our revenue growth accelerate even more as we launch new offices around the country.”

Although Elevate officially launched sales operations late in its 2011 fiscal year, sales staff wasn’t raised to normal levels until Q2 2012, when it had completed real-time field-testing of its proprietary customer management platform.

Bryan Ferre, Elevate CMO stated, “We’re changing the digital services distribution model in a lot of big ways. We’re turning subscribers into clients, and providing a mandate to our sales channel: Keep Your Clients Happy! We needed to make sure that our systems were ready to support our sales force in their mission.”

With testing complete in mid August, and sales offices staffed to half capacity, Elevate was able to increase sales by a 178% over a 60 day period, generating sales equivalent to over $200,000 in gross revenue in its residential sales division alone.

ABOUT ELEVATE

Elevate provides data, voice, video, mobile and security solutions in 22 major markets through a network of independent Certifiable Geniuses. Please direct inquiries to Bryan Ferre at 801 602 1188, or publicrelations@goelevate.com.

Forward-Looking Statements

Certain statements, including this release, contain certain statements, other than purely historical information, including: estimates, projections, statements relating to our business plans, objectives, expected operating results, and the assumptions upon which those statements are based, are "forward-looking statements. Forward-looking statements are identified by the words "believes," "project," "expects," "anticipates," "estimates," "intends," "strategy," "plan," "may," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are based on current expectations and assumptions, and are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a materially adverse affect on our operations and future prospects on a consolidated basis include, but are not limited to: changes in economic conditions, legislative/regulatory changes, availability of capital, interest rates, competition, and changes in generally accepted accounting principles. These risks and uncertainties should also be considered in evaluating forward looking statements and undue reliance should not be placed on such statements. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Further information concerning our business, including additional factors that could materially affect our financial results, can be found at our website www.goelevate.com, and in our filings with the SEC.

Contacts

Elevate, Inc.
Bryan Ferre, 801 602 1188
publicrelations@goelevate.com

http://www.goelevate.com

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