SOURCE: TheDirectory.com, Inc.

TheDirectory.com, Inc.

July 15, 2014 08:22 ET

TheDirectory.com Reports Q2 Results: Year Over Year Revenue up 278%, Net Income up 1,863%, Year to Date Debt Drops $1.35 Million, Equity Rises $1.4 Million, Going Concern Removed

TAMPA, FL--(Marketwired - Jul 15, 2014) - TheDirectory.com, Inc. (PINKSHEETS: SEEK), an emerging leader in the Vertical and Local search space, today released its second quarter and year to date financial results and set the date for its next shareholder conference call.

Company Founder and CEO Scott Gallagher stated, "Today we're pleased to announce to our stockholders that the going concern statement has been removed from our financials. We've made tremendous progress so far this year in positioning our Company for future growth. We've reduced our Debt load by $1.35 Million so far during 2014. Our stockholders equity is now at an all-time Company record level of $909,870 versus negative equity of ($526,184) at the beginning of the year. And our YTD top line revenue is up over 464% to $1.279 Million versus $226,470. So overall we had a great first half of 2014. We're equally as excited at the opportunities in front of us as we head into the second half especially as they relate to our new call centers in New Jersey and Tampa."

Gallagher went on to say, "We'll be hosting a shareholder conference call next Tuesday, July 22nd after the market closes to discuss our first half results, our expectations for the second half of 2014 as well as the next leg of our national advertising campaign that will include national prime time spots."

TheDirectory.com Inc.
www.TheDirectory.com network includes over 2,000 locally targeted Internet domains and websites that generate over 7 million unique users a month. The Company owns and operates vertical directories such as www.PodiatristProfiles.com, www.Chiropractor.net, www.Therapists.net, www.Dietitians.net, www.DentistAppointments.com and others. The Company also owns and operates one of the world's largest city guide networks under the www.HelloNetwork.com brand. For more information or to review the company's financial and regulatory filings with the Securities and Exchange Commission go to www.SEC.Gov

Forward Looking Statements

Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995). TheDirectory.com, Inc. cautions that the statements made in this press release constitute forward-looking statements and are not guarantees of future performance and actual results or developments may differ materially from projections made in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time the statements are made and are subject to change.

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