SOURCE: Wall Street Equity Research

Wall Street Equity Research

December 22, 2010 08:28 ET

Professional Research on iParty Corp. and Socialwise Inc. - Companies Look to the Holidays for a Boost

JOHANNESBURG, SOUTH AFRICA--(Marketwire - December 22, 2010) - gives shareholders valuable insight on online-based services stocks iParty Corp. (NYSE Amex: IPT) and Socialwise Inc. (OTCBB: SCLW). Sign up today at to receive free research reports on these equities.

As the holiday season hits full swing, companies offering online shopping solutions, as well as companies with retail party planning and costume locations, are hoping to capitalize on the recent economic uptick. iParty Corp. is one such company that provides costume and party ideas and is promoting big discounts in hopes of attracting holiday dollars. They have been performing well recently, with October sales figures of $71 million, an increase of 3.6% over last year. Traders can get direct and free access to today's full report on iParty Corp. by signing up at is a specialized website where investors can have specific access to free reports online-based services industry; traders looking for analyst opinions on iParty Corp., Socialwise Inc. and other companies in this industry are welcomed to sign up for a free one year membership at

In the online arena, a recent poll has reported that more people are going online to find the perfect holiday gifts this year. Forty percent of people reported they will be buying some of their presents online, and approximately 10 percent will purchase the majority of their gifts via the web. This is well up from 2007 numbers, when those purchasing most of their gifts online counted for only four percent. Visit us at to understand the catalysts and forces driving or affecting the online-based services industry in today's economic environment.

Socialwise Inc. is one company that is hoping to benefit from the increase in net traffic. The company announced that it has raised $3.4 million to advertise their new pre-paid credit cards, which provide those too young to have their own card with the means to shop when cash is not an option. The idea is designed towards allowing teens to shop online, while providing their parents with a detailed list of their spending activity. Traders can have complimentary access to today's complete research report on Socialwise Inc. by signing up at

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