SOURCE: FnBox

FnBox

December 01, 2010 11:28 ET

FnBox.com Continues to Grow in Latin America and Brazil

With Sales of $8 Million in 2010, FnBox.com Has Projected Sales of $20 Million for 2011

LOS ANGELES, CA--(Marketwire - December 1, 2010) - FnBox.com keeps going strong. With operations since 2002 and offices in Argentina, Brazil and the United States, the company has more than 400,000 paying customers, 50 million users and three business units focused on providing various connectivity services between users. Sonico, Phonico and Lead-Gen are the units of this Argentine holding that wins prominence in Latin America, with revenues of $8 million in 2010 and projected sales of $20 million by 2011 concentrated in Brazil. 

Sonico, Latin America's social network, has 50 million Portuguese and Spanish-speaking users of both South America and the United States, who are given the opportunity to create a public, private and/or professional profile through its PPP platform. Sonico helps individuals, organizations and brands to interact in an easy, simple and useful way, while having control over their privacy options.

"At FnBox, our mission is to build a world class company that becomes a powerhouse of technology and innovation in the region. Our plan is to continually solve problems for our customers and leverage our know-how and assets to maximize shareholder value. Every day we reach millions of people, complete thousands of transactions and our products make the lives of our customers more productive and enjoyable," says Rodrigo Teijeiro, founder and CEO of FnBox.com.

About FnBox.com
Comprised by the social network Sonico, the prepaid telecommunications platform Phonico and Lead-Gen business, FnBox.com is one of the fastest growing online holdings in the region. Founded by Rodrigo Teijeiro in 2002, the company has offices in Brazil, United States and Argentina. Thanks to the teamwork of its 75 employees and a strong culture of innovation, FnBox.com was chosen for the third consecutive year by Great Place to Work, as one of the 50 best companies to work in Argentina. In 2009, FnBox.com was also recognized by BusinessWeek and YouNoodle.com as the fifth largest tech startup with global projection. For more information please visit www.fnbox.com

Contact Information

  • CONTACT:
    Maria Trochimezuk
    (310) 696-9585