Skip to content

Social Media Portal

SMP » Press Releases

CrowdGather, Inc. Expands Forum Network by Acquiring Consumer Watchdog Community, MatrixWatch.com

CrowdGather, Inc. (Business Wire) - 15 October 2009

CrowdGather, Inc. Expands Forum Network by Acquiring Consumer Watchdog Community, MatrixWatch.com

CrowdGather, Inc. logoWOODLAND HILLS, Calif.--(BUSINESS WIRE)--One of the leading networks of forum communities on the Internet, CrowdGather (OTCBB:CRWG), today announced the purchase of MatrixWatch, a community driven anti-fraud knowledge base founded in 2002.

“MatrixWatch has had a long history of serving as a resource for thousands of consumers to voice their opinions on the internet,” said Sanjay Sabnani, CrowdGather’s Chairman and CEO. “Like many other communities of this nature, MatrixWatch has faced the challenge of procuring the resources necessary for survival and growth. It is our goal to relaunch this community under the CrowdGather umbrella, and to help it maintain its status as a place for consumers to learn how to detect and avoid fraud on the internet.”

About CrowdGather, Inc.

With its growing portfolio of special interest forums and enthusiast message board communities, CrowdGather (www.crowdgather.com) has created a centralized network to benefit forum members, forum owners and forum advertisers. CrowdGather provides a highly interactive and informational social network for members, a management and revenue-sharing resource for third-party forum owners, and a largely untapped advertising network for marketers worldwide.

About MatrixWatch.com

Founded in 2002, MatrixWatch (www.matrixwatch.com) is acknowledged as one of the leading community driven anti-fraud resources on the internet. Taking a "wisdom of the crowds" approach to fighting fraud, MatrixWatch has helped to protect hundreds of businesses and consumers around the world from new and emerging threats online.

This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company’s growth and business strategy. Words such as “expects,” “will,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates,” and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company’s business; competitive factors in the market(s) in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Contacts

Investor Contact:

Advertisement

Gross Capital, Inc.
Barry Gross, 361-949-4999
crowdgather@grosscapital.com
or
Media Contact:
CrowdGather, Inc.
Sanjay Sabnani, 818-435-2472 x 101
sanjay@crowdgather.com

Read more



Share