Sitebrand Inc.
TSX VENTURE : SIB

Sitebrand Inc.

March 30, 2009 20:21 ET

Sitebrand Announces Year End 2008 Results

GATINEAU, QUEBEC--(Marketwire - March 30, 2009) - Sitebrand Inc (TSX VENTURE:SIB), a leader in online marketing solutions today announced results for its fiscal year ending November 30, 2008. Sitebrand achieved $2.16 million in revenues compared to $1.92 million in 2007, a 13% increase, continuing the trend of double-digit revenue growth over the past five years.

"In an environment of economic uncertainty, we are pleased with our sales results and trend of year-over-year revenue growth. Sitebrand continues to be a leader in the online message and conversion optimization market." said Justin Shimoon, CEO and Founder.

Gross profit was $1,926,321 in the year ended November 30, 2008, a $255,177 (15%) increase over the $1,671,054 generated in the prior year. The net loss for the year ended November 30, 2008 was $2,319,934 as compared to $1,036,049 in the prior year and cash used for operations in fiscal 2008 was $1,719,576 as compared to $604,641 in prior fiscal year.

About Sitebrand

Sitebrand Inc. provides online marketing solutions and related services to major retailers across North America and Europe. Based on its proprietary software, Sitebrand's Segment&Serve™ personalization solution delivers personalized online marketing campaigns for websites, email, search engine marketing, blogs, banners, point of sale, or any other web medium. Using Sitebrand, online retailers are able to develop customized marketing campaigns that leverage anonymous web analytics and visitor behavior, providing each visitor with a personalized experience to that particular visitor in real-time-generating more customers, more profit per customer, more customer loyalty, and more conversions. Sitebrand was founded in 2000 and is headquartered in Gatineau, Quebec.

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Disclaimer: Statements in this release that are forward looking involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to be materially different from any future performance that may be suggested in this release. The company assumes no obligation to update any forward-looking statements contained in this release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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