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http://www.goelevate.com
December 21, 2011 08:30 AM Eastern Daylight Time 

Elevate Grows Sales in Q2

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--Elevate, Inc. (OTCBB: ELEV), today announced preliminary Q2 figures that reflect a 480% increase in sales over the previous quarter.

“September through November has traditionally been the slowest time of the year”

“It’s exciting to watch our customer base swell as we establish a local foothold in each of the markets we’ve opened,” says Wright Thurston, Elevate CEO. He goes on to explain: “A key component of our growth is a revolutionary referral program, which makes it possible for customers to earn free services for life, and other benefits, by telling their friends and family about Elevate. The growth we’re seeing is due in part to our ability to leverage our customers’ social networks in our marketing efforts.”

“September through November has traditionally been the slowest time of the year,” says Ben Ward, Chief Recruiting Officer. “When seen in that light, it becomes clear how compelling our referral program truly is. It is what makes Elevate different, both to our customers and our Certifiable Geniuses.”

Although Elevate officially opened sales offices late in the 2011 fiscal year, it was not until the beginning of the recently completed quarter that management authorized regular sales activities. Much of the growth that has been seen in the last three months can be attributed to referrals generated from existing customers, and not from massive staffing.

Says Bryan Ferre, Elevate CMO, “Elevate leverages a marketing model that shortcuts the traditional mass-media philosophy. Instead of spending big money on advertising to build a competitive brand ‘out there’, we spend a little money, in the form of incentives and free services, to create a dominant brand where it matters – between friends. Our marketing model is able to deliver growth, like the kind we’ve recently seen, with very little additional expenditure.”

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 Coby Bush at 801 918 9952, 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.
Coby Bush, 801-918-9952
publicrelations@goelevate.com

http://www.goelevate.com

Release Versions

  • EON: Enhanced Online News

Company Information Center

Elevate, Inc. RSS feed for Elevate, Inc.

OTCBB:ELEV

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