Contact Information: For More Information Investors: Brett Zane + 1-323-658-3000 ext. 4001 Media: Gail Laguna + 1-323-658-3000 ext. 4402
Spark Networks Announces the Completion of Its Open Market Stock Buyback Program
| Source: Spark Networks
BEVERLY HILLS, CA--(Marketwire - May 5, 2008) - Spark Networks, Inc. (AMEX : LOV ), a
leading provider of online personals services including brands such as
JDate®.com, AmericanSingles®.com, BlackSingles.com® and
ChristianMingle®.com, announced today the completion of the repurchase of
the full 1,500,000 shares of Spark Networks Common Stock authorized under
the Company's open market stock buyback program implemented on March 10,
2008, as amended on March 14, 2008.
Safe Harbor Statement:
This press release contains forward-looking statements. Any statements in
this news release that are not statements of historical fact may be
considered to be forward-looking statements. Written words, such as "may,"
"will," "expect," "believe," "anticipate," "estimate," "intends," "goal,"
"objective," "seek," "attempt," or variations of these or similar words,
identify forward-looking statements. By their nature, forward-looking
statements and forecasts involve risks and uncertainties because they
relate to events and depend on circumstances that will occur in the near
future. There are a number of factors that could cause actual results and
developments to differ materially, including, but not limited to our
ability to: attract members; convert members into paying subscribers and
retain our paying subscribers; develop or acquire new product offerings and
successfully implement and expand those offerings; keep pace with rapid
technological changes; maintain the strength of our existing brands and
maintain and enhance those brands and our dependence upon the
telecommunications infrastructure and our networking hardware and software
infrastructure; identify and consummate strategic acquisitions and
integrate acquired companies or assets; obtain financing on acceptable
terms; and successfully implement our current long-term growth strategy.
For a discussion of these and further risks and uncertainties, please see
our filings with the Securities and Exchange Commission. We file annual,
quarterly and special reports, proxy statements and other information with
the SEC. You may read and copy any reports, statements or other information
that we file at the SEC's public reference room at 100 F Street, N.E.,
Washington, D.C., 20549. Please call the SEC at 1-800-SEC-0330 for further
information on the public reference room. Our public filings with the SEC
also are available from commercial document retrieval services and at the
web site maintained by the SEC at http://www.sec.gov.
About Spark Network, Inc.:
The Spark Networks portfolio of consumer websites includes, among others,
JDate.com (www.jdate.com), AmericanSingles.com (www.americansingles.com),
BlackSingles.com (www.blacksingles.com) and ChristianMingle.com.