SOURCE: InfoSearch Media, Inc.

September 15, 2006 08:00 ET

InfoSearch Media Reports Management's Purchase of Shares on the Open Market

MARINA DEL REY, CA -- (MARKET WIRE) -- September 15, 2006 -- InfoSearch Media, Inc. (OTCBB: ISHM), a leading online media and search marketing firm, today announced that members of its management team, including Officers of the Company, have collectively purchased over 500,000 shares of InfoSearch Media's common stock in the open market. The stock purchases by management were made over the last two trading days and represent more than one percent of the Company's outstanding shares.

"Insider buying by the management team, both personally and collectively, reflects our confidence in the prospects for the company. We feel that this is an excellent buying opportunity, and we will continue to evaluate stock purchase opportunities going forward as our insider trading policies permit," said George Lichter, President and CEO of InfoSearch Media.

About InfoSearch Media

InfoSearch Media (http://www.infosearchmedia.com) is a leading provider of content based cost-effective search engine marketing services. InfoSearch Media maintains a network of professional writers that help businesses succeed on the web by implementing content-based solutions that simultaneously increase online search engine rankings and website sales performance. InfoSearch Media drives website performance through its two products: ContentLogic and Web Properties (ArticleInsider and Answerbag).

Safe Harbor Statement

This release contains "forward-looking statements" that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Management assumes no obligation to comment on or provide an update to its stock purchases or sales in the future except as specifically required by law and by the Securities and Exchange Commission. Factors that might cause such differences include, but are not limited to the challenges of attracting new customers and maintaining existing customers and developing, deploying and delivering InfoSearch services; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers and other risks described from time to time in InfoSearch's filings with the Securities and Exchange Commission. In particular, see InfoSearch's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from InfoSearch. InfoSearch does not assume any obligation to update the forward-looking information contained in this press release.

Contact Information

  • Investor Contact:
    Alex Wellins
    The Blueshirt Group, for InfoSearch Media, Inc.
    415/217-5861
    Email Contact

    Media Contact:
    Aimee Yoon
    Dotted Line Communications for InfoSearch Media, Inc.
    (617) 332-1658
    Email Contact